MLS Long Island Housing Market Update, March 2012

March, 2012 Long Island Housing Market Update from Multiple Listing Service The March edition of the Long Island Real Estate Market Update from the Multiple Listing Service of Long Island discusses the upward trend for contracted or pending sales – a reliable indicator of future homes sales data.  February, 2012 contracted sales show a 17.7% […]

MLS of Long Island January 2012 Housing Market Update

 The Long Island Multiple Listing Service January, 2012 Housing Market Update shows an uptick in activity and sales from last year. Pending sales – those homes entered under contract – show a 17% increase in January, 2012 from the same period last year.  Homes prices are down about 5.6% from January 2011 to January 2012 […]

Where Is The Housing Market Headed?

What's happening in the housing market on Long Island?

Where is the housing market headed?  Have we reached the bottom yet?  Is the housing bust over?  Three reports will be released this week that may indicate which direction the housing market is headed.   A newspaper article says that data from these reports will be focused on two parts of the housing market:  Home Sales […]

Help for Long Island Housing Market!

homebuyers

Although I’m disappointed that the $15,000 tax credit for all homebuyers didn’t make it to the final Stimulus Bill, there are some incentives and an $8000 Tax-Credit for 1st-time homebuyers,   And when homeowners are able to sell their homes to 1st-time homebuyers then they in turn will be able to “move-up” or “down-size” – thus […]