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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Today's Newsday
there must be a million open houses this weekend!
I haven't bought a Friday Newsday in quite a while. I have never seen so many open houses in 1 weekend... or so many "just reduced" 
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Posted 7/7/06 3:43 PM  |
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Prudential Douglas Elliman Real Estate
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Today's Newsday
Posted by SweetestOfPeas
there must be a million open houses this weekend!
I haven't bought a Friday Newsday in quite a while. I have never seen so many open houses in 1 weekend... or so many "just reduced"
no fainting, thats good!
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| Posted 7/7/06 3:55 PM |
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sunnyplus3
:)
Member since 11/05 8749 total posts
Name:
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Re: Today's Newsday
I get the paper everyday. the "just reduced" or "price improved" headings are on the steady rise. Not to mention I have seen pics of the same houses every week since the fall in some cases. I'm a nut with it, I read the whole real estate section twice-Fridays & Sundays. It drives my hubby nuts
I was talking to a patient of mine(we always talk real estate) today that owns over 15 homes (he doesn't work anymore, just collects rent) and he says he is getting excited because he's sure the market isn't even close to being done adjusting. He said by 2008-2009 we will be at the lowest point in the cycle. He also told me his feeling on interest rates & he said people should still be pleased.
He once had a mortgage for 11%
He only buys homes to keep forever so he's not worried about the current value. He said this is his third time watching the cycle happen.
People do need to be cautious w/ HELOCs & stuff now. Gotta leave something for a rainy day.
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| Posted 7/7/06 6:01 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Today's Newsday
Posted by KellyFG
I get the paper everyday. the "just reduced" or "price improved" headings are on the steady rise. Not to mention I have seen pics of the same houses every week since the fall in some cases. I'm a nut with it, I read the whole real estate section twice-Fridays & Sundays. It drives my hubby nuts
I was talking to a patient of mine(we always talk real estate) today that owns over 15 homes (he doesn't work anymore, just collects rent) and he says he is getting excited because he's sure the market isn't even close to being done adjusting. He said by 2008-2009 we will be at the lowest point in the cycle. He also told me his feeling on interest rates & he said people should still be pleased.
He once had a mortgage for 11%
He only buys homes to keep forever so he's not worried about the current value. He said this is his third time watching the cycle happen.
People do need to be cautious w/ HELOCs & stuff now. Gotta leave something for a rainy day.
wow! interesting perspective!!
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| Posted 7/7/06 6:46 PM |
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mommy2Alex
3 babies for me :)
Member since 5/05 6683 total posts
Name:
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Re: Today's Newsday
Posted by SweetestOfPeas
Posted by KellyFG
I get the paper everyday. the "just reduced" or "price improved" headings are on the steady rise. Not to mention I have seen pics of the same houses every week since the fall in some cases. I'm a nut with it, I read the whole real estate section twice-Fridays & Sundays. It drives my hubby nuts
I was talking to a patient of mine(we always talk real estate) today that owns over 15 homes (he doesn't work anymore, just collects rent) and he says he is getting excited because he's sure the market isn't even close to being done adjusting. He said by 2008-2009 we will be at the lowest point in the cycle. He also told me his feeling on interest rates & he said people should still be pleased.
He once had a mortgage for 11%
He only buys homes to keep forever so he's not worried about the current value. He said this is his third time watching the cycle happen.
People do need to be cautious w/ HELOCs & stuff now. Gotta leave something for a rainy day.
wow! interesting perspective!!
Definitely, I read Newsday everytime I am out at my parents for the weekends and I see a lot of "just reduced" headlines too.
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| Posted 7/7/06 7:04 PM |
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jenny
L O V E
Member since 4/06 2784 total posts
Name:
Mommy
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Re: Today's Newsday
I know it seems like nothing is selling. In my neighborhood houses would sell in 2-4 weeks. Now it seems like nothing is selling even after they lower the prices.
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| Posted 7/7/06 9:23 PM |
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mskimmy98
My twins are one!!!
Member since 5/05 2540 total posts
Name:
Kimberly
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Re: Today's Newsday
OMG... Could it be true.. DH are going to look at a house tomorrow that was just reduced. I am so excited, I hope we get in at a good time now.
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| Posted 7/8/06 9:34 AM |
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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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Re: Today's Newsday
Posted by mskimmy98
OMG... Could it be true.. DH are going to look at a house tomorrow that was just reduced. I am so excited, I hope we get in at a good time now.
Me too...
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| Posted 7/8/06 11:19 PM |
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mskimmy98
My twins are one!!!
Member since 5/05 2540 total posts
Name:
Kimberly
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Re: Today's Newsday
Posted by Stefanie
Posted by mskimmy98
OMG... Could it be true.. DH are going to look at a house tomorrow that was just reduced. I am so excited, I hope we get in at a good time now.
Me too...
Good luck... Hope we aren't looking at the same house 
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| Posted 7/9/06 11:18 AM |
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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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Re: Today's Newsday
Posted by mskimmy98
Posted by Stefanie
Posted by mskimmy98
OMG... Could it be true.. DH are going to look at a house tomorrow that was just reduced. I am so excited, I hope we get in at a good time now.
Me too...
Good luck... Hope we aren't looking at the same house
Is it in Wantagh??
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| Posted 7/9/06 7:56 PM |
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mskimmy98
My twins are one!!!
Member since 5/05 2540 total posts
Name:
Kimberly
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Re: Today's Newsday
Nope it is in Lindenhurst.. and we love it.. we are going to make an offer.. I am so excited!!!!!!!!
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| Posted 7/9/06 9:20 PM |
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Jessee
LIF Adult
Member since 3/06 1260 total posts
Name:
Jessee
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Re: Today's Newsday
We went to a few in Wantagh today!
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| Posted 7/9/06 11:07 PM |
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annie
This is how I play basketball!
Member since 6/05 1980 total posts
Name:
Stephanie
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Re: Today's Newsday
my parents had one today & are having another one next weekend in Westbury.
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| Posted 7/10/06 12:04 AM |
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CheeChee
HI THERE!!!!
Member since 5/05 3416 total posts
Name:
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Re: Today's Newsday
Posted by Jessee
We went to a few in Wantagh today!
So did we!!!!...
then we wound up in Jericho and Woodbury..
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| Posted 7/10/06 10:46 PM |
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