Why are there so many long beach (NY) homes for sale on the mls?

great neck, too... did they pass that 25% raise in taxes in long beach? is it a good buy to buy a condo there now?Why are there so many long beach (NY) homes for sale on the mls?
Because their try to cash out on top of the bubble before prices fall.





http://www.foxnews.com/story/0,2933,1878鈥?/a>





http://www.businessweek.com/print/magazi鈥?/a>Why are there so many long beach (NY) homes for sale on the mls?
Make them an offer they can't refuse.





The housing market in America is going pop, so make an offer that will motivate a seller to sell.
The real estate market is slowing down, there are many more sellers than buyers.....simple matter supply and demand.
you're probably looking at the MLS for the Long beach area.





It's geographically organized
In the NJ/NY/CT area, there are many homes up for sale because people bought those interest-only mortgages and their monthly payments are now doubling, so they have to sell the property. This will force prices down (10-20%). Wait for the carnage to stop before buying.
Well, just look at the prices and compare them with what the average person earns... What is happening in your area is similar to what is going on in many of the bubble markets across the country. If you're in the market to buy, it's time to make some ';ridiculously low offers'; and one of them just might get accepted.





Good luck


Mario


http://www.GoodNeighborBuysHouses.com

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