East End / North Fork Home Sales / Lis Pendens Update
May 28th, 2009 category: Real Estate News
Click on the thumbnail to left for a larger view. Well…just reporting facts as found on The Long Island Real Estate Report for the East End / North Fork / Hamptons.
The second quarter of 2009 thus far is disheartening (sales vs. lis pendens) but is part of this market, and remains need-to-know for sellers of homes on the east end of Long island. Working with “what is” is imperative for those needing to sell now.
As the real estate market unfolds, we’ll make every effort to provide what “is”.
< < < < < < Subscribe to Options Realty now for future updates.
To get more specific local North Fork or East End & Hamptons real estate information, fill out the form below with your questions/comments. We know how to find properties coming on the market, and available. If you’re a qualified buyer looking for a foreclosure on any part of Long Island, we’ll help you find it.
4 Responses to “East End / North Fork Home Sales / Lis Pendens Update”
Leave a Reply
|
Ask The Broker
Categories
- Buyers (64)
- Downtown Riverhead (8)
- East End LI Foreclosures (50)
- North Fork Neighborhoods (26)
- Over 55 / Active Adult (3)
- People and Places (40)
- Real Estate News (203)
- Real Estate Philosophy (46)
- Riverhead Real Estate (16)
- Sellers (38)
- Southold Real Estate (26)
Archives
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
Links
Blogroll
June 14th, 2009 at 5:07 pm
It should be understood that the ratio of sales figures and Lis Pendens figures for the current quarter will look at its worst at the beginning of the quarter, and eventually become closer to reality as each week goes by. It will become cosest to final by the fifth or sixth week after the quarter ends.
This is due to the Lis Pendens filings being recorded immediately and deed transfers being recorded 3 or more weeks after the actual closing date.
Pat Ammirati, President
The Long Island Real Estate Report
June 19th, 2009 at 5:27 pm
Thank you for the clarification, Pat. It will be interesting to see the figures coming in- certainly an awareness of pre foreclosure activity is important right now.
I see the correlation, and it makes perfect sense.
It would be really great were there a way to speed up the closed info, as it would provide a more up-to-the-minute comparisons.
Thank you for creating such a hugely informative company in hugely unusual times!
April 8th, 2010 at 10:34 pm
Its the 1st time i am on your site and i would like to congratulate you for the big effort you are doing to write such excellent posts.
April 9th, 2010 at 8:05 am
Amador realestate, what a nice suprise- thank you, and I appreciate your visit!