Entering the dog days of August, we can see that there’s been at least some motion in the Long Island real estate market. A few houses here and there have disappeared off the MLS, including more than a couple that I’ve been keeping my eye on.
Of course, except for the ones I’ve actually driven by and seen a “SOLD” sign on, I have no way to know how many of the homes have actually sold and how many have just been pulled off the market by frustrated owners unable to get their price. I’ll be keeping my eye on Zillow for the updated info.
Still, you have to figure that people would start buying eventually. Summer is slipping away quickly and if you want to be in a house before the kids start school, sooner or later you have to suck it up and pull the trigger, even if the price isn’t quite right.
As for me, I’m still keeping my powder dry. I’ve been watching the market pretty intently for the past ten months or so and, with a couple of notable exceptions, I haven’t seen anything that really tempted me to jump in and buy. Everything is still priced too high, even the bad properties.
Homes in Babylon
- Total: 104
- Babylon School District: 54
- BSD and Under 600K: 33
Technorati tags: Babylon