Current Long Island Board of Realtors Statistics as of June 4 2008 . The Total amount of Real Estate Offices Equals 2217. There is Currently a total of 42,258 Lisitings Broken Down is 31,688 Residential Homes-6,128 Condos For Sale-1,237 Available Parcels Of Land and 3,205 Commercial Listings( Business, Stores, Commerical Zoned Land). What does it all mean for Today's Long Island NY Home Owner Looking to Sell His/Her Home Bottom Line it is a Price Driven Market with Home Owners Competing with REO ( Bank Owned Real Estate or Real Estate owned Properties) As well as Short Sales ( Pre Forclosure Homes where the home mortgage owed is more than actual present day value and bank is willing to accept a loss on the sale of this Home). Patience becomes a large part of the overall market as well when homeowners are competing with the Current Market Conditions.
The Road to A Short Sale of a Home on Long Island is a long one if you are in need of assitance please don't hesitate to call or email. View more Information at www.HSE4SALE.com or www.LongIslandHomeLink.com or for general Real Estate Information please log into www.relaestatelongisland.info
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