RE Blogger Sees Start of Sellers' Market in Lindy

Lindenhurst real estate agent and Patch Blogger Jackie Connelly-Fornuff recently posted about the state of the real estate market in Lindy, noting that she's seeing the start of a sellers' market.

But she said home prices in the community aren't rising just yet.

"Due to lack of inventory in Lindenhurst, we're seeing the beginnings of a sellers' market. However, prices aren't rising yet. We need to see more homes sell above list price, and we're not quite there. It'll be a long time before we get back to 2004-05 prices," wrote Connelly-Fornuff, who's an agent with Century 21 AA Realty.

She went on to say that mortgage rates are still low, but are slowly on the rise.

"When it comes to selling - and this is how I feel if it were me - I'd rather sell low and buy low and take advantage of the low mortgage rates. These mortgage rates won't stay low forever," she added.

To read Connelly-Fornuff's full blog post, click here.

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