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Babylon, NY Real Estate News

By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
2 Bedroom Homes for Sale in Babylon NY There are two 2 bedroom homes for sale in Babylon NY. Asking prices range from $302,000 for a two bedroom, five room Ranch on Bayview Avenue to $325,000 for a two bedroom, four room Ranch on Sumpwams Avenue. If you are looking to live in Babylon NY expect housing prices to be higher compared to Lindenhurst NY, West Babylon, North Babylon & Deer Park NY. Five 2 bedroom homes sold in Babylon NY in 2012: Annuskemunnica Road - Listed for $419,000 and sold for $385,000 and on the market for 192 days. Wyandanch Avenue - Listed for $339,000 and sold for $339,000 and on the market for 138 days. Livingston Avenue - $299,900 and sold for $283,000 and on the market for 132 days. Araca Road - Listed for $337,100 and sold for $330,000 and on the market for 20 ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Homes for Sale with a 2+ Car Garage There are 21 homes for sale in Babylon NY with a 2+ car garage. Asking prices range from $279,000 for a 3 bedroom Ranch to $1.125 million for a 3 bedroom Expanded Ranch. Buyers that need 2+ car garages in Babylon NY I find have luxury cars or are a car collector/restorer. I love restored vintage cars! Babylon NY Real Estate Market Report SummaryCurrently there are 45 homes for sale in Babylon NY. In 2012 there were 80+ homes on the market so Babylon NY is experiencing low inventory. 60 homes sold in Babylon NY during 2012 and ended the year with a median sold price of $406,000 down 10% compared to 2011. Due to the current low inventory it is a seller's market across most price points.  Call/text Jackie today (631) 703-0201 to find out what...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Townhouses for Sale There are eight townhouses for sale in Babylon NY. They are all in the Babylon Village School District. There are seven townhomes for saleat the new Village Park Development in Babylon. These Babylon NY townhomes are stunning to say the least. Prices start at $415,000 for a two bedroom, five room townhouse with three bathrooms and comes with a 1 car attached garage to $584,000 for a three bedroom, eight room townhouse with three bathrooms and a 1 car attached garage. Village Park townhomes in Babylon Village have hardwood floors, hardwood kitchen cabinets, granite counter-tops, Energy Star stainless steel appliances, and a covered patio. The builder spared no expense with quality. There is one townhome for sale in the Bridgeview at Babylon. Listed for $689...
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
Two Feng Shui Workshops in March of 2013 with Laura Cerrano   Certified Feng Shui Long Island expert Laura Cerrano will discuss how to incorporate this practice in your daily routine and shares simple tips and suggestions for a “Feng Shui” lifestyle. The lecture includes understanding the  deeper insights and bringing awareness of this ancient art form through interior design, self-healing methods, placement of color and objects around you and the concept of ‘your home mirrors your life’. Question and Answer period is followed by a healing circle.                        Date: Monday, March 18, 2013 Time: 7-8:30 PM Location: Syosset-Woodbury Community Center                      Date: Tuesday, March 19, 2013 Time: 7-8:30 PM.                      Location: North Massapequa Community Cente...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Rental Income Homes For Sale There are four rental income homes for sale in Babylon NY. They are a Legal 2 by CO which means if you buy the house you can rent both portions without having to live there (non-owner occupied). That is a rare find in Babylon NY and anywhere else on Long Island. Prices start from $349,000 for a 4 bedroom, 8 room two-story home on James Street to $2.75M for a 4 bedroom, 8 room Duplex on Fire Island Avenue. Some of these homes seem to need work but it never hurts to see them if you are considering buying a rental income home in Babylon NY. The other type of two family home is a Legal 2 by Permit. This means you secure a permit for the apartment in your home but you also have to live in the other portion of the home. The permit for this type is $250....
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Jessens Deli West Babylon NY Jessens Deli is located at 364 Little East Neck Road in West Babylon. If you are looking for cold cuts, hot foods, fresh muffins and bagels, breakfast sandwiches and delicious coffee, Jessens Deli is the best for miles around. Their assortment of hot foods cannot be beat. They have on most days baked ziti, meatloaf with gravy, mac & cheese, lemon chicken and other fabulous meals for lunch and dinner. They even have a nice array of hot soups during the winter months. Be prepared, during breakfast and lunch hours Jessens Deli is always packed so go early. The staff at Jessens Deli are always friendly and eager to help you. I live nearby Jessens Deli and is the only Deli I go to. Deli MenuCatering MenuBBQ Menu (they cater BBQ which I hear is fantastic!)  View ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Housing Market December 2012: List Price vs Sold Price Babylon NY Housing Data supplied by Jackie Connelly-Fornuff of Century 21 AA in Lindenhurst NY One home sold in Babylon NY during December 2012. It was originally listed for $369,000 then reduced to $299,999 then a final price reduction to $277,777 and sold for $265,00. It is a two bedroom, seven room Split with 1-1/2 baths, a 1 car attached garage and a full finished basement located on Morrison Street in Babylon NY. It was sold as a short sale. The buyer got a great deal! As you can see from the chart below, the list prices vs. the sold prices have been tight for most of 2012. This means that buyers cannot "steal" homes in Babylon NY. We are seeing a seller's market right now in Babylon since there are 35 homes on the ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Movie Theaters in Babylon NY Not a lot of smaller movie theaters around these days. There are only two local ones in Babylon NY and West Babylon NY: Clearview Cinemas 34 Main Street Babylon NY Phone: (631) 669-0200 South Bay Cinemas495 West Montauk HighwayWest Babylon NYPhone: (631) 587-7676 My favorite movie theater is Clearview in Babylon NY. The seats are elevated in each row so if someone sits in front of you they won't block your viewing no matter where you sit in the theater.   
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
What Mortgages Are Buyers Getting for Babylon NY Homes? For inquiring minds, buyers are getting mortgages for Babylon NY homes. The chart below shows what types of mortgages buyers are getting approved for: 50 Babylon NY homes sold in 2012. 36 buyers were approved for conventional mortgages, 9 were approved for FHA mortgages, two were VA mortgages, 5 are unknown and seven buyers paid cash for their homes. As you can clearly see, buyers are getting approved for mortgages for Babylon NY homes. The majority of them are getting conventional mortgages which means they have to put down at least 20%.  Call Jackie today (631) 703-0201 when you have questions or concerns about the Babylon NY real estate market. Feel free to email as well: JackieConnelly@optonline.net
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Housing Market a 10 Year Review The Babylon NY housing market ended with the median sold price at $407,000 with 59 homes sold with an average of 82 days on the market. It was $330,000 in 2002 with 59 homes sold and an average of 91 days on the market. The Babylon NY housing market is almost at 2004 prices.  As of December 31, 2012, there are 35 homes on the market in Babylon NY. This is the lowest I have seen in over 3 years. This is how a seller's market starts. Low inventory brings supply and demand. Supply and demand raises prices. Buyers do not have many choices across most price points right now in Babylon NY. If you are thinking of buying a home in Babylon NY the time is now, not later.
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Housing Report November 2012 Babylon NY real estate market data provided by Jackie Connelly-Fornuff of Century 21 AA Realty in Lindenhurst NY. The chart below reflects list price versus sold price in Babylon NY for 2012 and only in the Babylon School District. The numbers have been tight throughout 2012 for the Babylon NY housing market. This means that buyers aren't "stealing" homes.  They say that a seller's market is when there is less than six months of inventory on the market. Although there are more than six months of inventory on the market in Babylon NY as a whole, it also depends upon list price. Buyers in the luxury home market in Babylon NY do not have a lot of choices. So these homes are in a seller's market as long as they are priced right.  In most price ranges...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Museums & Art Galleries in Suffolk County Love museums and art galleries? Below is a list of museums and art galleries in Suffolk County. If their name is underlined that indicates they have a website for you to visit: Suffolk County Museums & Art Galleries: Babylon Village Arts CouncilP.O. Box 141Babylon, NYPhone; (631) 669-1810 Artists and CarafesSouthold, NYPhone: (631) 833-0810 Hecksher Museum of Art2 Prime AvenueHuntington, NYPhone: (631) 351-3250 Islip Art Museum50 Irish LaneEast Islip, NYPhone: (631) 224-5402 Long Island Museum of American Art, History & Carriages1200 Route 25AStony Brook, NYPhone: (631) 751-0066 Ext. 248
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Pet Friendly Condos for Sale There are six pet friendly condos for sale in Babylon NY in the Babylon School District. Finding a pet friendly condo in Babylon NY is golden when you own a pet. I can't imagine not being able to have a pet in any condo or HOA development. The six Babylon NY condos for sale are listed below along with their asking prices: The Crescent (Crescents by the Shore) - $224,990 for a 1 bedroom, 1 bath and four room condo located in the heart of Babylon Village. Whaler's Cove - $299,000 for a 1 bedroom, 1 bath and four room condo. Whaler's Cove is located on John Street in Babylon Village. Whaler's Cove - $319,900 for a 2 bedroom, 1.5 baths and five room condo. Hidden Harbor (Homeowner's Association) - $599,000 for a 2 bedroom, 2.5 baths and eight rooms. ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
What Condos in Suffolk County are FHA Approved? Getting an FHA approved condo in Suffolk County is  a good thing since you can put down 3.5%. Also, the condo development cannot have more than 10% rentals. Always check with your loan officer about FHA approved condo developments on Long Island because the list changes. Here is the link to the HUD website to check to see if your condo development is on their approved FHA list: FHA Approved Condos Below is a list of FHA approved condos in Suffolk County: South Shore Villas at West Babylon, NY - 7.8% have FHA mortgages. Whaler's Cove - Babylon, NY - % of FHA mortgages are unknown. Quail Run - Deer Park, NY - 5.14% have FHA mortgages. Birchwood at Blue Ridge - Medford, NY - 6.76% have FHA mortgages. Windbrooke Homes - Central Islip, NY - 12...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Homes for Sale in Babylon NY with 2 Car Garages There are 18 homes for sale in Babylon NY with 2 car garages. They are all in the Babylon NY School District. The lowest price Babylon NY home is listed for  $279,000 for a 3 bedroom Ranch on Annuskemunicca Road and the highest priced home is listed for $1.7M for a five bedroom, ten room Estate waterfront home. Five of these Babylon NY homes for sale have full basements. The rest either have partial basements, crawl or no basements. I know garages can be important to buyers. I have yet to see anyone who use their garage for their cars unless they have a restored car or a luxury car. Most use it for additional storage. Some turn a garage into a man-cave or family room/den. When you do convert a garage into living space, you have to get a b...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Are Buyers Getting Mortgages for Babylon Village Homes? This is one question I'm asked from Babylon Village homeowners and buyers. Sellers think buyers aren't getting mortgages and buyers think it's very difficult to get a mortgage. Both are just not true. Stop watching the national news. Real estate is always local. Yes, you need a job, cash in the bank for the down payment, good credit scores and a maximum of 4 to 1 debit to income ratio. Some banks will go a little higher but not much. The days of getting a mortgage as long as you have a heartbeat are over. So far in Babylon NY for 2012, there are more buyers getting conventional mortgages than FHA. This means they have the money to put down 20% or more which is a requirement for a conventional mortgage. Some can put down less than ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon NY Homes for Sale on a Cul-de-sac There are ten homes for sale in Babylon NY that are on a Cul-de-sac. Prices start at $310,000 for a two bedroom, five room ranch to $1.7M for a five bedroom, ten room Estate waterfront home. A Cul-de-sac is when the end of the street is closed at one end. It can be rounded or shapely like an upside down U whereas dead end streets are usually straight at the end of the street. Whether it's a Cul-de-sac or dead end street, the one benefit is a lot less traffic. There is no through traffic when living on a Cul-de-sac. The only traffic is from the residents that live on the Cul-de-sac. This is very appealing to buyers that have children or plan on starting a family. Homes for sale on a Cul-de-sac can sell quicker as long as they are priced right. T...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
What Are Babylon NY Homes Selling For? The majority of Babylon NY homes are selling between $350,000 to $399,999 with 16 homes selling at this price point as of October 2012. 13 Babylon NY homes sold between $400,000 to $449,999 and nine homes sold between $300,000 and $349,999. Eight homes sold between $450,000 and $499,999, six homes sold between $500,000 and $549,999, and four Babylon NY homes sold between $600,000 and $649,999.  One Babylon NY home sold for $1.625 million in April 2012. It is a six bedroom, 15 room Traditional waterfront home with seven full baths, heated 3 car garage all on 1.3 acres of property. All I can say is wow!  It is obvious that there are more buyers in the $350,000 to $399,999 price range for Babylon NY real estate. That doesn't mean there are no buyers ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Menorah Lighting and Chanukah Celebration Babylon NY There will be a Menorah lighting and Chanukah celebration at the Congregation Beth Sholom in Babylon NY. It is open to the public and all are invited! When: Sunday, December 8th, 2012Time: 6:00 p.m. to 7:30 p.m.Where: Congregation Beth Sholom in Babylon NY441 Deer Park Avenue - Phone: 631-587-5650Admission: FREE View Larger Map
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Babylon Village Sold Home Prices October 2012Sold Home Data for Babylon Village provided by Jackie Connelly-Fornuff of Century 21 AA Realty in Lindenhurst NY Babylon Village Sold Home Prices (Babylon Village School District only) Babylon Village saw an increase in the median sold price in October 2012. The chart below looks like and EKG read-out. This is because there are luxury homes included as well as some lower priced homes but that is not the case every month. The median sold price for Babylon Village in October was $435,000 with seven homes sold. No homes went under contract during October. Currently, there are 45 homes for sale in Babylon Village.  There was one home withdrawn off the market in Babylon Village that is south of Main Street. There are three homes on or near the wa...
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