Central Nassau County Real Estate Stats and Commentary – February, 2017

                                                                                                                   

Hi Everyone,

January has been quite interesting - normally January starts off slowly and rises a bit throughout the month as houses start coming on the market. The pace is normally a slow and steady rise in listings. Well, as I said in December, the inventory in all villages in this area is severely low. Yes, new houses came on the market in January, but the Buyers absolutely pounced on them. I did an open house in 7 days ago, and we had 19 couples show up. This is definitely not normal for this time of year. So, if you are a buyer, and waiting for a better selection of homes, please realize this market is going to be fast and furious as it was 4 years ago. Houses will come on and will receive multiple offers the first weekend. Please do not think that you will be able to see 6-10 houses, choose one and then negotiate. It just will NOT happen this year. This market is going to the the Wild, Wild West again – fun to watch but really gut wrenching to participate in. Buyers really need to be ready to pull the trigger – have the mortgage fully Pre-Approved, know all current houses on the market and their values, know what you want, and what you don’t want. If a good house appears and pretty much fits your needs, don’t play around – offer a good bid, negotiate in the middle and get your offer accepted quickly. Most importantly, don’t over-negotiate. The sellers just won’t be in the  mood with all the buyers waiting in the wings. Enjoy the rest of Winter.

Peter Owen
Articles 1) Behind the Garage Door  http://realtormag.realtor.org/sales-and-marketing/feature/article/2006/05/behind-garage-door (Old article but still very applicable)
2)Another Oldie 2010 - Living Big In a Small Home     http://realtormag.realtor.org/home-and-design/feature/article/2010/02/living-big-small-home
3) These Doors Can Modernize a Home’s Look     http://realtormag.realtor.org/home-and-design/feature/article/2017/01/these-doors-can-modernize-your-listing-s-look

Local STATS

Garden City  Malverne Garden City South New Hyde Park Floral Park Franklin Square Lynbrook Stewart Manor  West Hempstead East Meadow Rockville Centre East Rockaway Manhasset Hills Roslyn Heights

If you would like a free Personal Comparative Market Report for your home ie what range would your home be priced at currently, please just email me – no obligation, no pressure, no hassle – HONESTLY!
Peter Owen.

Licensed Real Estate Salesperson.

Better Homes and Gardens Real Estate Atlantic Shores.

55 Hilton Avenue, Suite 100.

Garden City, NY 11530.

Office: (516)444-3939.

Cell: (516)317-2860. Fax: (516)444-3940.

Email: peter.owen@bhgliving.com.

Website: http://www.nassaucountynyhomes.com/
Best, top, most trusted and dedicated agent covering  Garden City, Malverne, Garden City South, New Hyde Park, Floral Park, Franklin Square, Lynbrook, Stewart Manor, West Hempstead, East Meadow, Rockville Centre, East Rockaway, Manhasset Hills, Roslyn Heights, All of Nassau County  displaying a high degree of integrity, service 24/7, professional attitude and actions.

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