Consumer Alert: We Are Number One! It takes longer to sell a house in New York than in any other state

Here are the top five states where it will take the longest to sell your home.

1. New York – 130 days
2. Hawaii – 119 days
3. New Jersey – 117 days
4. West Virginia – 113 days
5. North Dakota – 113 days

All this comes at a time when the housing market is down across the country — down 21 percent since January. According to Google, searches for “sell my house” exploded 147 percent in July. This follows two major steps in the federation. The average mortgage rate today is 5.5 percent, double the rate of 2.8 percent last year.

Therefore, as of 2010 Are we headed for a housing crash in 2008 or is it something a little more simplistic like a correction?

Mark Zandi, chief economist at Moody’s Analytics, said: “This is not when we have real problems in the housing market when houses, houses everywhere, are empty. This is the fundamental reason the market is correcting. It’s uncomfortable, especially for the seller, but it’s not going to break.

That’s a bit of good news. But if you’re trying to buy now, it pays to be strategic. Here is Dina’s list of buyers:

• Create a budget using a mortgage calculator. My favorite is at mortgage It allows you to increase property taxes, which in our area doubles your monthly mortgage.
• Find a trusted local agent who knows your market well.
• Use technology to your advantage by exploring virtual 3-D home tours to save time in person.

• Be flexible. Can you live with a small bathroom if you have a big yard for your kids? Be willing to make trade-offs to stay within your budget.

Related Posts

16 great country houses selling from £450,000 to £6m as seen in Country Life

Our regular roundup of some of the best homes for sale in Britain is a holiday-friendly county home in Sussex. West Sussex – £5,950,000 An unapologetically charming…

Seattle’s housing market is headed for a recession.

What goes up must come down. That seems to be the motto of the U.S. housing market right now, with some of the nation’s most expensive and…

Ant Anstead Is Selling The Laguna Beach ‘Dream’ Home He Bought After Splitting From Christina Hack – See Photos!

There are some big changes for TV personality Anstead. On Wednesday Celebrity IOU: Joyride The co-host has listed his Laguna Beach, CA home for $3.3 million. Garbage…

San Anselmo adopted new rules after the garden was broken

San Anselmo has implemented new rules for community gardens based on how the city’s amenities are managed. The City Council unanimously approved a new ordinance Tuesday to…

Property: A thriving housing market in Dunfermline and West Fife

Dunfermline continues to be the “hub” for first time buyers in East Central Scotland. ESPC’s latest property report figures show that house prices in the city rose…

FOR SALE: Take a look around this stunning Wirral property with covered BBQ area and fireplace

The family home is immaculately finished and close to the beach. This beautiful detached house is for sale at £1,225,000. In the popular Wirral area, Hoylake, a…

Leave a Reply

Your email address will not be published.