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Old 07-29-2007, 07:04 PM
 
Location: Little Babylon
3,543 posts, read 4,173,805 times
Reputation: 1130
My dad bought his cape (North Babylon) in 1962 for 13K and sold it in 1991 for about 150K. And to think he was more than happy with getting that.

We had a lot of illegal apartments back in the 80's but that was because of lack of apartments and was easy money for the landlords. Many were built to house a parents freshly married kid, and were then rented out after they moved out.

Has there been much talk or evidence of foreclosures increasing?
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Old 07-29-2007, 07:16 PM
 
1,876 posts, read 26,316 times
Reputation: 72
Any questions?

THE REAL ESTATE SQUEEZE - Newsday.com (broken link)
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Old 07-29-2007, 08:35 PM
 
Location: Little Babylon
3,543 posts, read 4,173,805 times
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Holy crap! (broken link)

Last time I heard of this was in Houston back in the early eighties.
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Old 07-30-2007, 05:08 AM
 
106 posts, read 339,816 times
Reputation: 22
Clamboy, how did your open house go? I took my house off the market this week...we will stay for now....will stay put and wait for "the big one" I am south Shore Nassau County, apparently the ones in the know think it will hit real bad here...anyone have a time frame on it?
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Old 07-30-2007, 05:32 AM
 
1,876 posts, read 26,316 times
Reputation: 72
It went very well for our first.

A lot of people coming from Queens.

No bites as yet but it was encouraging(actual buyers with actual interest came and stayed)

Either way were in a very good spot in this home so if the Fit hits the Shan we can ride out a collapse.

So glad we didnt fall for with the ARM McMansion

C
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Old 07-30-2007, 05:34 AM
 
Location: Eastern Long Island
1,185 posts, read 2,716,102 times
Reputation: 574
glad to hear it went well clamboy, i hope you get an offer you feel comfortable accepting soon!
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Old 07-30-2007, 05:43 AM
 
1,876 posts, read 26,316 times
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Quote:
Originally Posted by KellyFG View Post
glad to hear it went well clamboy, i hope you get an offer you feel comfortable accepting soon!
Thanks for the well wishes Kelly.

Its in Gods hands....if were supposed to go it'll happen.
Were just putting in the footwoork.

If not, I still got a great house by the beach.
Might even be waterfront if we ever do get our Hurricane.

Best
C
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Old 07-30-2007, 07:01 AM
 
Location: Little Babylon
3,543 posts, read 4,173,805 times
Reputation: 1130
That's good news, hope you get an offer soon.
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Old 07-30-2007, 10:32 AM
 
Location: Beautiful Upstate NY!
12,244 posts, read 15,994,348 times
Reputation: 5591
Quote:
Originally Posted by BovinaCowHateWindTurbines View Post
Maybe just replace them with 25k a year Security Guards? Hey Like you say 100k a year and making nothing - if the Police cannot afford it then well - gl and they go to college mostly only 4 + year + other get in -
Quote:
Originally Posted by clamboy View Post
Ummmmmm Wut?

C
ROFL, clamboy. Hope something comes thru for you quickly!
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Old 07-30-2007, 10:43 AM
 
106 posts, read 339,816 times
Reputation: 22
clamboy, that is remarkable that the open house went so well, brokers constantly complaining that nobody comes...a good sign..good luck, let us know and when you move will you cross over to the Conn. Forums or will you keep us amused here?
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