Lindehurst Short Sale Real Estate Market 2008 Through May 31st, 2010

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Real Estate Agent with Douglas Elliman Real Estate in Babylon NY

Lindehurst Short Sale Real Estate Market
2008 Through May 31st, 2010

Short Sale Homes in Lindenhurst that were listed in 2009, increase by 450% compared to 2008.

As of May 31st, 2010, 36 homes in Lindenhurst were listed as short sales. There were 26 new short sales listings as of April 30th, 2010

33 short sale homes were listed in 2009. Lindenhurst in May 2010 has surpassed the number of short sale listings compared to 2009. The short sale real estate market is not over by a long shot.

Each month I'm going to update this chart for 2010 so we can see how the short sale real estate market is doing in Lindenhurst.

Short sales are a foreclosure alternative. It's better on your credit. With a short sale, you will not be able to get another mortgage between 3 to 5 years. With a foreclosure, you are looking at a minimum of 7 to 10 years.

I know this seems easy for me to say. Losing your home whether it's a short sale or foreclosure is not easy on you or anyone you know. At least there is a foreclosure alternative.

(All data provided in my charts are from the Multiple Listing Service of Long Island)

Lindenhurst NY Short Sales

Recent Articles About The Lindenhurst Real Estate Market:

Lindehurst Short Sale Real Estate Market 2008 Through April 30th, 2010

Finding A Realtor To Help Sell Your Home As A Short Sale In Lindenhurst

Lindenhurst Real Estate Market Report Newly Listed Homes Month Ending 4/30/10

Lindenhurst Real Estate Market Report Homes Under Contract Month Ending 4/30/10

Lindenhurst Real Estate Market Report Homes That Sold Month Ending 4/30/10

Lindenhurst - A Wonderful Town To Raise A Family!

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long island real estate
foreclosure alternatives
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Rainmaker
1,431,631
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Short Sales are the biggest part of our market.  Like it or not you need to deal with them.

Jun 28, 2010 09:21 AM #1
Rainmaker
3,895,462
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Jackie,

Nice presentation! We do not have but a few short sales in the area I market..Maybe 1 in the last 2 years..I would not attempt to handle one..no need ..but I respect those who do and would call an expert in at the drop of a hat!

Jun 29, 2010 01:25 AM #2
Rainmaker
750,098
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Gene, short sales are going to be around for a while. Will be interesting to see the numbers next year.

Hi Dorie, That is a good thing for you. They are not all that difficult. It's the banks that can be difficult!

Jun 29, 2010 01:39 AM #3
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Rainmaker
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Jackie Connelly-Fornuff

"Moving at The Speed of YOU!"
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