Sunday, January 18, 2015

Home Sales For Plainview and Old-Bethpage New York For 2014

Statistics & Counts
Field Count Mean
(Average)
Median Mode Low High
List Price 285 $557,774 $529,000 $499,000 $299,000 $1,225,000
Original Price 285 $568,322 $539,000 $499,000 $299,000 $1,225,000
Sold Price 285 $539,388 $515,000 $520,000 $288,000 $1,275,000
%Difference 268 4 4 5 -10.6 16.5
Taxes 276 $13,580 $13,032 $10,000 $8,063 $30,199.51
Bedrooms 285 4 3 3 2 6
Baths 285 2 2 2 1 4
Days on Market 285 72 47 22 3 540
(Calculations are done excluding zero-values except for %Difference)
 
Source; MLSLI
Field Value Count
Town Old Bethpage 28
Plainview 257
Zip 11803 257
11804 28
Zone 3 285
County N 285
Last Status Change CL 283
Cl 2
Style 2 Story 1
Cape 17
Colonial 52
Contemporary 1
Exp Cape 9
Exp Ranch 19
Hi Ranch 23
Ranch 48
Splanch 2
Split 112
Split Ranch 1

Sunday, May 4, 2014

Should I Sell My House This Year?? Or Wait for a Better Housing Market?

Should I Sell My House This Year??
OR
Wait for a Better Housing Market?


Every year many homeowners wonder if this is the BEST time to put their house up for sale.  They go back and forth with all the pros and cons of the housing market before them.   Is this the year and season that will yield the best return for my house.   Should I wait till next month, season, year? If you are one of the sellers on the sidelines waiting for the perfect market here are some tips that will help.  When should I list my house for the best return? There are many factors to consider when answering this question. Remember real-estate sales is basically controlling as many variables as possible in the sales process and then sprinkling some luck on top.      The most important factor to consider is the current local housing inventory in your market, snow, holidays and rainy season the buyers are out there.  If you are in a sellers’ market (lower inventory) you have more potential buyers looking to buy increasing your chance of getting the best value for your house.  Houses will and do sell in any market but supply and demand will have some say in your closing price.     What would be the best price to list it for?  Should I list high and reduce my price as my house sits or list low and lose money I could have earned if I listed higher?  I have had this discussion many times with sellers.  Everyone wants the most money they can get for their house. The big question is how to achieve that.  Price to high/low and you scare potential buyers away.     Put yourself in the buyers place.    If you know the recent sales of all the 3Bdrm, 2Bth houses in Plainview, Syosset, Hicksville, Bethpage, and Old-Bethpage N.Y.  Why consider anything out of that range???       Do your homework and review the last three months of comparable sales and current listings then decide where you want to be in that sub-group.    Remember like insurance companies control health costs, banks will not give a mortgage on a house with an agreed upon price that is out of the market.  Should I fix-up my house before listing?    Yes!  Buyers want houses they can feel comfortable living in with their family and that first impression means a lot.    Things like painting the front door, cleaning the house and yard, removing clutter are just a few quick fixes.  Should I hire a Realtor or go For Sale By Owner?      I can discuss the pros of having a professional help in the sales process of your home all day.    Think of this when deciding to use a Realtor the past owner of one of the largest For Sale By Owner companies in the U.S. hired a real estate sales agent to list and sell his house.  You do the math on that one.    Why is my attorney an issue when I am trying to sell my house?  I know him for the past 20yrs and he helps me with all my legal issues.  The best attorney for real estate sales is one who specializes in the process and is willing to work with the sales agent/broker to help the process move forward.     Weather you decide to list with a broker or go FSBO when your house is on the market you have to allow people to view it.  That means being home as much as possible if selling yourself or giving your agent access for showings to allow buyers to see what could be their most expensive investment.   All these controlled variables plus some good luck coming your way will help you yield the best price for your house in the current market.  

Monday, December 9, 2013

Important factors to consider when selling your home

Here are a few important factors to consider when selling your home
Price and condition are the two most important factors in selling a home, even in a down market. The first step is to price your home correctly. Use comparative sales information from your agent, to objectively evaluate your home's worth. Second, go through the house and repair any obvious cosmetic defects that could deter a buyer.
In a down market, you may have to consider lowering your price and/or making a major repair, such as replacing a high ticket item, (ie:outdated boiler) in order to lure a buyer. Also, make sure that your home is getting the exposure it deserves through open houses, broker open houses, advertising, good signage and a listing on the local and international multiple listing service.

For help selling your home contact me at (516)263-9094

Saturday, April 20, 2013

Attention Union Members

I recently attended a workshop by one of the major lenders in the mortgage world. Wells Fargo. They are offering a new mortgage loan that caught my interest. The Union Plus Mortgage Program.  It is in a nutshell a product that all union members and their families should consider.  As a teacher, union member  and a  realtor I was happy to see a program that offers a little extra for us.


Home financing benefits for Union Members and Their Families

All active and retired union members and their parents or children may be eligible for exclusive home financing benefits.

  • $500 Mortgage Gift award card
  • Exclusive mortgage assistance benefits (interest free loan or grants  if you go on strike, become disabled or unemployed)
  • $500 First-Time Home Buyer Award
Please shop around when selecting a mortgage company and contact your financial advisory before signing any documents locking you into a specific company or loan.  I have included the Wells Fargo link below, Happy Mortgage Shopping.

http://www.unionplus.org/union-plus-faq

Monday, March 18, 2013

Hello Plainview "The Sellers Market" Is Back!!!

Plainview housing inventory is at an all time low.  Houses are selling, some with multiple offers.
The numbers from the MLS are listed below. 

                                           If you are thinking about selling,

Record low interest rates + low inventory = more MONEY for you

Sunday, March 17, 2013

Hello Plainview *The Seller's Market is Back!*

Plainview housing inventory is at an all time low.  Houses are selling, some with multiple offers.
The numbers from the MLS are listed below. 

                                           If you are thinking about selling,

Record low interest rates + low inventory = more $$$$$ for you


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