Charles Rutenberg Realty
Finest Home Sales
The general real estate market for Long Island & Queens is going well for sellers, not so much for buyers. Many homes are being sold for over asking price and bidding wars are becoming common. Let's break it down area by area.

Queens is Queens, the market has been strong for years and will continue to be. Queens is basically like all real estate a story of supply and demand, and in Queens the supply is never enough so prices rise continuously, or so it seems. The outlook is great for sellers and bleak for buyers unless they have plenty of cash to burn.

Nassau County is also seeing tight inventory although not as severe as Queens. I expect prices to rise slowly but steadily through October in Nassau. If your considering selling list now, if you are considering buying now more than ever you should get a buyer's agent.

Suffolk has likewise seen low inventory and price rises. Homes selling over asking price are becoming a more common sight and buyers are having difficulty finding homes in their price ranges which were plentiful 6 months ago. If you are going to list your home do so ASAP as I expect the price rises in Suffolk to be more short lived than Nassau and Queens. By July Suffolk homes prices will probably start trending straight, if not down. If you are looking to buy a home you need a buyer's agent to navigate the current market conditions without being taken to the cleaners.

Thomas Brady SFR, e-PRO, SRES, BPOR
Licensed Real Estate Associate Broker
Notary Public, Retired N.Y.P.D. Lt.
Charles Rutenberg Realty
631-682-8660
Tom230@aol.com
FinestHomeSales.com
 
 

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What my clients are saying  

"Mike is a pro, he put his real life experience as an investor to work for me and I made a tidy profit. Mike thinks like an investor and a gentleman, not a realtor which worked great for me."

 

~ Jeff from Bellmore

"I had dealt with other real estate agents over the years that I felt took advantage of my ignorance, Tom educated me. He provided me with top notch service in the sale of my home. I would never work with another real estate agent; take my word for it you will not get better service."

 

~ Mike from Merrick

"Tommy treated me like a gentleman and the whole home buying process became painless."

 

~ Frank from Sound Beach

"We had to wait several months to work with Tom because we signed an exclusive agreement (never again) with another realtor who was terrible. Once that expired we shopped around and found Tom through a friend; this was the best decision we could ever make. He not only doesn't use exclusive buyer agreements but he was able to put us in touch with some mortgage professionals who helped us improve our credit so we could buy a home. You can't go wrong with Tom."

 

~ Violet from Bay Shore

"Victoria was very pleasant and responsive to us. As older homeowners we didn't want a realtor who might take advantage of us. Victoria was honest and patient with us the whole time. We highly recommend Victoria."

 

~ Jane from Commack

"Victoria showed me a lot of houses, she was very patient and taught me a lot about the process. I definately recommend Victoria."

 

~ Diandra from Selden

"Mike thinks of angles other realtors can't even understand. He uncovers value where others see nothing. He seems to have a natural talent for unearthing hidden gems. I could go on, but basically he amazes me in a very profitable way."

 

~ Allan from Flushing

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