http://www.tommcgiveron.com Long Island Real Estate Market Sun, 04 Jan 2009 17:34:36 +0000 http://backend.userland.com/rss092 en Shopping Around for a Mortgage? HERE’S THE INSIDE SCOOP ON HOW TO DO IT RIGHT! First, make sure you are working with an experienced, professional loan officer. The largest financial transaction of your life is far too important to place into the hands of someone who is not capable of advising ... http://www.tommcgiveron.com/mortgage-shopping/ Got Mortgage Rates? If you watched TV news, you'd think banks have no money to lend. Ridiculous! I have officially concluded that television is our greatest enemy. I believe this whole-heartedly. I cannot tell you how much I am sick of hearing people on the news saying, ... http://www.tommcgiveron.com/mortgage-rates-oh-my-goodnesswhat-are-you-waiting-for/ This is a foreclosure update for the Long Island real estate market. This report features the number of homes that are in the foreclosure process or currently bank-owned throughout a sample of the Long Island real estate market. Suffolk County West Islip = 70 Homes Pending Foreclosure - this represents over ... http://www.tommcgiveron.com/133/ Long Island home prices are hurting. What you're thinking right now is, "Gee thanks for the insight there Tom!" While many people talk about homes sales and focus on the values of real estate, one thing many people don't talk about is the business of real estate. Since 2006, over 220 ... http://www.tommcgiveron.com/long-island-home-prices-how-real-estate-offices-are-being-affected/ The number of Long Island short sales is increasing much like the rest of the country. Homeowners are finding themselves stuck behind a mortgage payment they cannot afford and we are seeing these homes coming to the market for sale - when the home is worth less than what is ... http://www.tommcgiveron.com/long-island-short-sales-announcing-new-website/ Closing Cost Assistance for First Time Homebuyers The State of New York Mortgage Agency (SONYMA) provides safe, low interest fixed rate mortgages, closing cost assistance and other programs specifically designed to help low and moderate income families become homeowners. One of the biggest obstacles to owning a home is the ... http://www.tommcgiveron.com/closing-cost-assistance-for-first-time-homebuyers/ Throughout the Long Island real estate market, sellers are wondering where the market is going. In order to make any prediction, one only has to look at what has happened to the industry during the past year. According to the Multiple Listing Service of Long Island, in October ... http://www.tommcgiveron.com/long-island-real-estate-market-numbers-that-add-up-to-wow/ The median price of homes under contract in the Long Island real estate market (Nassau and Suffolk) fell again last month. Additionally, the number of available homes on the market fell. The median price of homes under contract dropped $15,000 in August from $350,000 to $335,000 in September. ... http://www.tommcgiveron.com/long-island-real-estate-market-home-pricing-update/ In working with first-time homebuyers, there's one clear question that needs a simple answer. How do you buy a home? That's the question. The purchase of real estate is unlike any other purchase because it is a major financial transaction. One that should not be taken ... http://www.tommcgiveron.com/how-do-you-buy-a-home/ I just wanted to thank you both for everything. It's a rough market out there right now and I appreciate everything you guys have done and what you have to go through in these types of transactions. Thanks for your efforts in helping us, especially in regards to your ... http://www.tommcgiveron.com/client-testimonial-kevin-m/