Comments on: Sold Homes In Babylon Village – March 2009

By: Gary

Gary — Sun, 21 Jun 2009 02:38:54 +0000

Just a little hiatus. I’ll have a new post up tomorrow.

By: Babylproletarian

Babylproletarian — Sun, 21 Jun 2009 02:18:21 +0000

Is this blog still alive?

By: Debra

Debra — Sat, 20 Jun 2009 00:43:11 +0000

The one on Park is on MLS, but the one on Livingston is from Winkler Realty, who seems to have an issue listing houses on MLS and on their own website. There’s that house on Locust that has had a Winkler sign out for a month or so and hasn’t appeared online anywhere that I can find. I’m not interested in it, but I am in the one on Livingston.

By: Blog Ojevich

Blog Ojevich — Mon, 15 Jun 2009 23:39:07 +0000

noticed two houses for sale while driving to the cemetery today…..Park Avenue…brick cape @ Livingston Ave asking 399K, and north of Park Ave on livingston ave a Nice Cape with a decent porch and yard

By: Blog Ojevich

Blog Ojevich — Mon, 15 Jun 2009 00:02:20 +0000

Wampum has a great basement…great lot….high tax bill

By: Babylproletarian

Babylproletarian — Fri, 12 Jun 2009 20:45:21 +0000

When you all say that a “house is unaffordable” do you mean what the list price is, what you expect the sale price to be, or what your monthly total payment will be?

How much more is the mortgage on the “smallest fixer-upper” than you rent?

Tom, what about that peach on Edwards (though I hear the Home Inspectors were there last week)? Or the sweet, sweet house on Wampum. Or the great house on Wyandanch (love that house). Make some offers! Get in there. Tell them alls you gots is 60K.

By: harriet

harriet — Fri, 12 Jun 2009 12:44:25 +0000

If you think you should be able to afford it, then you should. Actual numbers dont matter.

By: Anon E. Moose

Anon E. Moose — Thu, 11 Jun 2009 18:09:48 +0000

Tom,

I’m largely in agreement with you. But wait till harriet comes around – then you’ll believe that paupers like us just can’t afford “the Village”.

Best,
Moose

By: Tom

Tom — Thu, 11 Jun 2009 13:47:57 +0000

Gary, I have also been looking for a house in the babylon village area (as well as wantagh and other south shore towns). I have put in 3 offers all beaten by all-cash offers and 1 where the seller (and his overpriced home) wanted to find a house first (why put it on the market then).

I am actually giving up. I was doing a lot of research and the rent to own ratio is still sky high (Check out patrick.net and you’ll stop looking for houses). I have been doing my own research and housing prices are still off by 40-50%. I know that may sound ridiculous but my gf and I make a combined 160K a year and have 60K in the bank and we are limited to the smallest fixer-upper in a nice area (ie the village) or an OK cape in a blue-collar neighborhood? This makes no sense. If houses even drop another 10%, it will take several years just to break even on the purchase and if it drops like predicted, it will take 30 years just to break even. Check out this calculator:
http://www.cepr.net/calculators/hb/hcc.html
For now- we rent- its safer.

By: Blog Ojevich

Blog Ojevich — Sun, 07 Jun 2009 22:36:37 +0000

that village line rd house was a trememendous piece of property with a lot of curb appeal..but a 5 figure tax bill for NB Schools