Buyers Outnumber Available Homes For Sale on Long Island.

The Long Island real estate market is clearly rebounding, but not because prices are crazy. It's simply the "old" rule of supply and demand.

The number of homes for sale fell to a 13-year low nationwide in January, leaving would-be buyers chasing a shrinking supply of homes just before the spring selling season.

In a rising market be prepared to make your best offer, in a case of a bidding war you will need to stand out. Price as well as terms are most appealing to sellers.

Pre-Approval is a MUST- Especially in a competitive market buyers need to have a pre-approval letter in hand before even starting their search!

Make a large down payment if possible - sellers know the more you bring to the table, the less likely there will be a bank issue that can "kill" the deal.

Find a Good Agent - an experienced Realtor who is familiar with the neighborhood, school district and area market will be most valuable to any buyer or seller. An exclusive buyers agent will work for the buyer and therefore will hold their best interest in hand, through out the entire buying process.

DO NOT HESITATE TO CALL ME WITH ALL OF YOUR REAL ESTATE QUESTIONS...