Long Island – Un-Sold Home Inventory
All three Long Island counties are at all time highs; however, we should start seeing the seasonal decline start in the next month or two.
Archive for the ‘Long Island’
New Bank Owned Inventory – July 2011
New Bank Owned Properties Are Still Coming On The Market At A Very Slow Pace
Bank Owned Inventory – August 2011
Long Island bank owned inventory is still coming on the market at a very slow pace.
Long Island Short Sale Inventory
Even with the increase of buyer controlled sales Long Islands short sale inventory is still increasing with the largest increases happing in Nassau County
Long Island Luxury Home Sales – July 1011
Luxury home sales slid downward in July not sure if it a late seasonal adjustment or caused by all the turmoil on Wall Street.
Long Island Months Of Unsold Inventory
The total months of unsold inventory is responding to the increase in buyer activity that Long Island has experienced over the past few months. Both Nassau and Queens are at new one year lows and Suffolk is not to far behind. This trend should continue until November when then seasonal slow down begins.
Long Island Home Inventory Vs Sold-July 2011
Buyer Activity Increasing!
Buyer activity is looking strong in all three Long Island counties. Homes going under contract has not hit these numbers since the ending of the home buyer tax credit last year.
