SO, How's the market? Isn't that the question we all get?

By
Real Estate Agent with Douglas Elliman Real Estate

Every where we go, we get asked by everyone, are houses selling?

Our answer is YES!!!  Our experience shows a very active market.  WHAT is selling is really the question that should be asked.  WHAT is selling are the lower priced properties.  The investor and first time buyer market is booming.  Low priced homes, listed below $275,000 are what's hot, hot, hot!

The first time buyers who COULD qualify for a mortgage (and yes, mortgage money IS available), yet where priced out of the market for years are looking and buying. Of course, the lower prices combined with the $8,000 possible tax credit are driving this market.

Investors are back in the market buying properties like mad.  That is because prices are now working for them where they can buy, fix up and then sell for a profit again.  They can also buy and keep homes as rental properties.  During the time when prices where inflated, they couldn't do this, they would have lost money every month. 

If you are looking to buy or sell, it's a great time to move!  With over 17 years full time experience, we can help you too!

Posted by

Looking to sell or purchase a home in Central Suffolk County, New York?

Check out all the listings on our website:  www.tjplace.com

 

Toby & John T. Williams                      

Licensed Associate Real Estate Brokers

Certified Real Estate Appraiser

631-363-5434

 

www.tjplace.com            

info@tjplace.com

We are never too busy for your referrals! 

 

CBR   Certified Buyer Representatvie           SFR   short sale & foreclosure resource    

 

     

 

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