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Interesting article in Newsday today....
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Gertyrae
Peace out Homies!
Member since 5/05 20046 total posts
Name:
Gerty ®
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Interesting article in Newsday today....
Foreclosures and Short Sales
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Posted 7/29/07 2:59 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
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Re: Interesting article in Newsday today....
I wonder how buyers can find shortsale listings.... I bet they're just mixed in with all the other multiple listings......
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| Posted 7/29/07 3:21 PM |
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sunnyplus3
:)
Member since 11/05 8749 total posts
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Re: Interesting article in Newsday today....
they are all over on MLSLI, sometimes they say short sale
house
house
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| Posted 7/29/07 3:35 PM |
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greenfreak
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Member since 9/06 11483 total posts
Name:
greenfreak
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Re: Interesting article in Newsday today....
It's so sad.  I almost feel like a heel, being in the market right now and exploiting the slow market. But I think that the prices are just evening out with the rest of the country. It's not that they're so low, they're just more comparable with other places than they used to be.
Too bad taxes can't be in a slump too. 
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| Posted 7/29/07 4:04 PM |
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cjik
Welcome 2010!
Member since 2/06 8879 total posts
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Re: Interesting article in Newsday today....
I know, it is sad. Although, I suppose when you buy from someone in a slow market, you are helping them out indirectly also. It's sad people just can't afford their homes any longer. I suppose some people took out mortgages that were too large, but others may have had changes to their circumstances.
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| Posted 7/29/07 4:17 PM |
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Re: Interesting article in Newsday today....
well, don't feel too sad about the market in general, becuase a good portion of people selling are just going to buy a home somewhere else.... The market had to re-equilibrate becuase it was artificially inflated
I do feel bad for the short sales homeowners, though..... 
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| Posted 7/31/07 10:18 PM |
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