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Old 01-23-2007, 01:12 PM
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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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Old 01-23-2007, 03:39 PM
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Default 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 View Post
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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Old 02-22-2007, 07:59 AM
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Default 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.


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Originally Posted by NYSinger View Post
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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Old 02-22-2007, 08:32 AM
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momix5 has a spectacular aura aboutmomix5 has a spectacular aura aboutmomix5 has a spectacular aura aboutmomix5 has a spectacular aura about
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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Old 02-26-2007, 10:45 PM
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opelske will become famous soon enoughopelske will become famous soon enough
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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Old 02-28-2007, 12:59 AM
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Quote:
Originally Posted by NYSinger View Post
Hi All!

Are there any reasonably-priced starter houses in safe neighborhoods of Suffolk County left??

Really, the housing is insane!!!

NYSinger
babylon is nice also deer park and north babylon.
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Old 02-28-2007, 04:00 PM
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Default 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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Old 02-28-2007, 05:49 PM
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momix5 has a spectacular aura aboutmomix5 has a spectacular aura aboutmomix5 has a spectacular aura aboutmomix5 has a spectacular aura about
my house is for sale Patchogue private message me if you are interested very nice and very affordable!
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Old 03-04-2007, 09:41 PM
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New2LI is on a distinguished road
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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Old 03-05-2007, 10:49 PM
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GCGuy will become famous soon enoughGCGuy will become famous soon enoughGCGuy will become famous soon enough
Quote:
Originally Posted by New2LI View Post
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)
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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