Home Buyers: Are You Letting Time Pass You By?

Authored by: Laurie Mindnich
October 12th, 2008

To those seeking either a permanent home or a vacation/retirement home on the North Fork of Long Island…here’s a glimpse of our landscape in the fall.

With so much being generated- legitimately- about the caution needed when entering a declining home market, there is no question but that a focus on pricing (and the deterioration thereof) is a short term issue worthy of serious consideration. With the possible exception of waterfront (fundamentally limited), there is no telling what will occur with pricing over the next year. Or quite possibly, the year after that.

In the meantime, things go on- this weekend was one of pumpkins and sailing. The weather was extraordinary, and offered an opportunity to enter quiet waters (NO WIND today) and escape the onslaught of bad news, at least for a few hours.

For some, jumping on board and making a decision is fairly easy; buying a “lifestyle” is part of the package. On the North fork of Long Island, the abundance of open space, water and charm beckon those seeking to begin each day in a casual, yet spectacularly beautiful location.

Fall festivals and farm-stands dot the way home, with happy kids in Pumpkin nirvana.

Pricing has returned to levels of attainability, having soared upward only to spiral downward. The question remains: how much lower will they go? Further, is waiting to find out worth missing what can be achieved, at adjusted pricing and low interest rates, right now?

I’m not sure. What is certain, however, is that when you visit the North fork, you may not want to leave. That alone is something, isn’t it?

We’re here to assist you with your dream. Offering buyer agency, we’ll make every effort to get you the best possible price on your home of choice on the North fork, as well as provide you with all of the ammunition you need to determine if “now” is the right time for you, and for your life. Pressure doesn’t fit with the North fork lifestyle, so we’ll leave that at the door.