Believe it or not, as helpless as we may feel in this economy we do have a string or two to pull and turn things around. The housing market is COMPLETELY controlled by you. Not the government, not the fed, YOU! Don’t be afraid to make that offer. Get your financing in a row and pull the trigger. The more sellers hear the same offer price the more realistic they will become. REAL sellers either WANT or NEED to sell. The market sets the price THAT’S YOU MR/MS BUYER!!!!
Some info from the press:
Long Island home sales-related figures for May showed mixed signals on whether the housing market is recovering.
The median closing price, at $365,000, is down from $399,000 a year ago, but up from April’s $350,000, according to the Multiple Listing Service of Long Island, which also covers Queens.
May’s median contract price, which can be a forward look at the housing market, is $410,200. That is down from April’s $411,000 but up from $402,400 a year ago, the report said.
Both the number of closings and contracts are up from April but down from a year ago, MLS figures show.
“When we were in free fall, nobody was willing to pull the trigger,” said John B. Gomes, a broker at Core Group Marketing. “Sellers are more realistic and buyers are optimistic, and we have the lowest interest rates in a generation.”
Bill Kowalczuk, a broker with the Corcoran Group, says that what has changed is that buyers are “willing to step up to the plate” and when they do, “sellers are listening.”

No comments yet
Comments feed for this article