In the News

Imagine how excited I was to see my clients, the Bennetts, on the front cover of Sunday's (Jan. 22, 2006) Newsday which can be seen at www.newsday.com. The article was about the state of Long Island's housing market. I was quoted several times throughout the article as were other members of our real estate community. It seems as if there is an overwhelming need for people to predict where our market is going. Some real estate brokers think Long Island will maintain it's strong market with a steady influx of buyers willing to pay current prices while I am a bit skeptical and feel that may be a tad too optimistic.

I frankly would prefer to err on the side of caution. I see a slowdown in our marketplace with sellers starting to outpace buyers. Homes that are priced well and are in nice condition will always attract more buyers and sell in a reasonable time frame. Homes that are not in desireable locations and may need work will be staying on the market much longer and will be literally begging for buyers. The optimist in me still sees good opportunities for those who can see past old wallpaper, threadbare carpet and walls that haven't seen a paint job in years. Personally I will be on the lookout for just such opportunites for myself and my clients. As they say "Ya gotta be in it to win it."