Betting on a Spring Housing Market Rebound on Long Island
Last Updated on Monday, 07 March 2011 03:16 Written by By Marcelle S. Fischler / NY Times Monday, 07 March 2011 03:07
Lori Schlesinger, a broker, outside a house on Edward Avenue in Woodmere that is now under contract. She and others say that buyers are less willing to commit to homes that need work.
THE spring selling season is usually under way by Super Bowl Sunday, but it got a late start this year. The reasons for the delay included the snowy winter, the uncertain economy and the extinction of the first-time buyer tax credit that ignited the market last year.
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