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Local Area Specialist

I'm always asked where I practice real estate.  Our license says New York!  And now it says Pennsylvania! Have car...will travel.  There are two kinds of agents; selling agents and Marketing agents.  Selling agents need to be in your area and will be showing your property.  Marketing agents can be anywhere and are Marketing your property to all the other Agents in your area. 

Through these portals you will be able to sell, purchase or lease Residential and Commercial Properties and Land through Gladstone Group and be able to purchase or sell a Business through LI Business Brokerage throughout New York State and Pennsylvania.   

Planning to sell your BUSINESS?  Step one is to valuate.  Be real about what your business is worth to a potential buyer.  Take a look/ listen to this recent interview.  Diane Ransom of Wall Street Journal's Smart Money helps Tony Calvacca, Certified Business Intermediary, make his valuation point.

If you are facing a financial crunch like the rest of us, we can help you with a Short Sale on your home to avoid a foreclosure. 

If you are saddled with debt and are thinking of hiring a debt negotiator, please see the article below.

You may not be aware that there are several options before considering foreclosure.  At no charge, we will consult, guide you through and even handle the options for you as a community service.  We believe in helping folks retain their homes.  Our goal is long-term relationships...

Whether you are looking to purchase or sell a Home, Business, Land or other Commercial Property, this is the place to look. Our comprehensive online tools offer direct access to the latest properties for sale in your area, featuring extensive Community Information, Consumer Links, School Information, Free Reports, answers to commonly asked real estate questions, and now, INMAN NEWS.  Youll find everything about real estate within one easy source.

                                         HOUSING PRICES UP OVER 7%

While the U.S. housing market remains beaten down, it showed a distinct heartbeat in August. Sales of existing homes rose 7.7 percent over July and was up a healthy 18.6 percent from August 2010, according to the National Association of Realtors (NAR).

The feat was all the more impressive when you consider that tightening credit restrictions continued and the Eastern seaboard was visited by Hurricane Irene during the month.

"Some of the improvement in August may result from sales that were delayed in preceding months, but favorable affordability conditions and rising rents are underlying motivations," said NAR chief economist Lawrence Yun. "Investors were more active in absorbing foreclosed properties. In additional to bargain hunting, some investors are in the market to hedge against higher inflation."

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Investors remain active

Investors accounted for 22 percent of purchase activity in August, up from 18 percent in July and 21 percent in August 2010. First-time buyers purchased 32 percent of homes in August, unchanged from July; they were 31 percent in August 2010.

Again in August, many buyers bypassed the banks. All-cash sales accounted for 29 percent of transactions in August, unchanged from July; they were 28 percent in August 2010. Investors accounted for the bulk of cash purchases, the trade group said.

"We had some disruptions from Hurricane Irene in the closing weekend of August, when many sales normally are finalized, along the Eastern seaboard and in New England," Yun said. "As a result, the Northeast saw the smallest sales gain in August, and some general impact is expected in September with widespread flooding from Tropical Storm Lee. Aberrations in housing data are possible over the next couple months as markets recover from disrupted closings and storm damage."

Flood insurance program expiring

Yun said an extremely important issue currently is the renewal and availability of the National Flood Insurance Program, scheduled to expire at the end of this month. "About one out of 10 homes in this country need flood insurance to get a mortgage, and we would see significant negative market impacts without it," he said.


         

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Gail Gladstone - Brooklyn Real Estate Specialist
Gail Gladstone
CIPS, TRC, SRES
NY, MA & PA Licensed Broker


The Gladstone Group
Long Island Business Brokerage, Inc.

Corporate Offices: 631-425-6150

Suffolk County             631-418-8417
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                    570-576-0388

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Email:Gail@GailGladstone.com


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