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01-23-2007, 01:12 PM
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Senior Member
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Join Date: Jan 2007
194 posts, read 122,538 times
Reputation: 40
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On my block currently there are 4 houses for sale. One house has been for sale for 2 years. The people that live there will be moving out in March and I doubt by then they will have a buyer for their home. They have had at least 4 different Real estate agents in the past two years too.
They went down $50k from what they started at. They just signed with a new real estate agent too. You would think they would go down a lot more in price, especially with how the market is now and also since they werent getting any people coming to see the house with their last realtor.
People think their houses are worth more than they really are, and some real estate agents just want the listing so they list it at that price for the sellers. Then you see the prices dropping every two weeks or so.
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01-23-2007, 03:39 PM
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Junior Member
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Join Date: Jan 2007
2 posts, read 3,023 times
Reputation: 10
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Falling Prices
People think the market is still as good as it was but its just matter of pure math. People guage what they can afford based on monthly income. A few years ago you'd be paying $2,245 a month on a $500k house at 3.5%. Now your paying $3,326 @ 7% on the same $500k. Assuming you could only afford the $2,245 a month payment, to achieve that same payment now the house would have to be priced at $350k. Thus prices in general fall.
Quote:
Originally Posted by budsvtec
On my block currently there are 4 houses for sale. One house has been for sale for 2 years. The people that live there will be moving out in March and I doubt by then they will have a buyer for their home. They have had at least 4 different Real estate agents in the past two years too.
They went down $50k from what they started at. They just signed with a new real estate agent too. You would think they would go down a lot more in price, especially with how the market is now and also since they werent getting any people coming to see the house with their last realtor.
People think their houses are worth more than they really are, and some real estate agents just want the listing so they list it at that price for the sellers. Then you see the prices dropping every two weeks or so.
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02-22-2007, 07:59 AM
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Member
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Join Date: Jan 2007
18 posts, read 35,063 times
Reputation: 22
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Central Islip is an alternative
Central Islip is located in Islip Township.
There is a large stock of homes that are reasonable in price.
Taxes tend to be lower here than rest of Island.
The school district is adequate.
The town is conviently located and has easy access to SSP, LIE, Sunrise and Vet Hgwy.
The town is on the main line of the LIRR (1 Hr. 10 minutes to NY Penn Station) and 10 minutes to MacArthur Airport.
Three large shopping malls are within 10 to 20 minutes ride.
Multiple other shopping opportnities within 10 minutes. Including Walmart, Target, Home Depot, etc;
You are 10 miutes from the beach (Robert Moses).
A large percentage of the housing units in the town have been constructed within the last 15 years.
The town boasts 2 colleges (NYIT & Touro), LI Ducks stadium, Suffolk County and Fedral Court complexes.
A section of the community borders Connetquot State Park. Close to Hecksher and Bayard-Cutting Parks.
A town run golf course is in Central Islip next to NYIT campus.
Reasonable stock of aparment complexes.
Town of Islip has emphasized placing affordable housing in this community.
Been here for 15 years, so far so good.
Quote:
Originally Posted by NYSinger
Hi All!
Are there any reasonably-priced starter houses in safe neighborhoods of Suffolk County left??
Really, the housing is insane!!!
NYSinger
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02-22-2007, 08:32 AM
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Senior Member
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Join Date: Aug 2006
991 posts, read 1,484,533 times
Reputation: 200
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what about Patchogue, Medford North Patchogue? Allaffordable with some really nice homes good school district, lots of stores coming Lowes, Target Walmart and more condos great library system close to all major roads, close to beaches, fishing,boating, lower taxes than a lot of communities.
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02-26-2007, 10:45 PM
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Senior Member
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Join Date: Oct 2006
137 posts, read 135,288 times
Reputation: 57
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I just read some disturbing posts on North Carolina boards. While property taxes are getting up there, they have enormous monthly water bills (because of necessary replacement of underground ancient iron pipes), escalating monthly homeowner fees (if own in a development) and electric bills -- and all monthly. They also have, in some towns, I believe, a per-year, per car tax, which is as high as $800-900 (per year!)! And, if that is not outrageous enough, the cities are annexing towns as fast as they can grab them, so they can get some city taxes. So, where to go to semi-retire, relax, downgrade, have less stress and bills? Grow old and have some peace? Who knows? I'm looking into Austrialia.
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02-28-2007, 12:59 AM
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Senior Member
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Join Date: Apr 2006
164 posts, read 238,657 times
Reputation: 38
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Quote:
Originally Posted by NYSinger
Hi All!
Are there any reasonably-priced starter houses in safe neighborhoods of Suffolk County left??
Really, the housing is insane!!!
NYSinger
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babylon is nice also deer park and north babylon.
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02-28-2007, 04:00 PM
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Member
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Join Date: Feb 2007
16 posts, read 21,087 times
Reputation: 11
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Valley Stream
We're selling our house in Valley Stream--480
5 br/ 3 baths
we receive $1100 in rent from the finished basement
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02-28-2007, 05:49 PM
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Senior Member
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Join Date: Aug 2006
991 posts, read 1,484,533 times
Reputation: 200
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my house is for sale Patchogue private message me if you are interested very nice and very affordable!
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03-04-2007, 09:41 PM
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Member
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Join Date: Mar 2007
33 posts, read 58,537 times
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I'm originally from Bayside, Queens. My family and I are moving to East Setauket soon. The schools are excellent and the homes are priced right. From my research, I found the following homes and schools to be affordable, excellent and in good neighborhoods.
Port Jefferson (a little pricer, but the taxes are low in the village)
East Setauket
Stony Brook , Setauket (prices are coming down)
Lake Grove
Miller Place, Sound Beach, Rocky Point
Mt. Sinai
Commack, Dix Hills (prices are much higher)
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03-05-2007, 10:49 PM
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Senior Member
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Join Date: Nov 2006
1,346 posts, read 1,414,567 times
Reputation: 139
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Quote:
Originally Posted by New2LI
I'm originally from Bayside, Queens. My family and I are moving to East Setauket soon. The schools are excellent and the homes are priced right. From my research, I found the following homes and schools to be affordable, excellent and in good neighborhoods.
Port Jefferson (a little pricer, but the taxes are low in the village)
East Setauket
Stony Brook , Setauket (prices are coming down)
Lake Grove
Miller Place, Sound Beach, Rocky Point
Mt. Sinai
Commack, Dix Hills (prices are much higher)
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All very nice areas. We looked at all of them, just decided to go to Nassau instead. Really like the Pulte development in Mt. Sinai...not a bad deal, realtively speaking. Good luck with the move. I'm sure you'll love it.
I grew up in Bayside, too. I saw on another thread you were worried b/c of all the nay sayers. Like I said there, you made a good move. Don't worry. Enjoy it.
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