Long Island Short Sales Decline Again!

Two of the three Long Island counties showed a decrease in the amount of short sale inventory. This data alone is not enough to get excited about; however, if you add the fact that new foreclosure filings are also down this could be very good news.

Nassau county on the other had seems to be showing signs of increasing short sales and foreclosure filings. All the past metrics shown that Nassau has been the healthiest of the three counties over the past few years and I don’t believe there is going to be an drastic change in the coming months.