Tag Archives: investment income

Long Island Home Sales Rise in December As Prices Drop

| January 15, 2013

Multiple Listing Services of Long Island recently reported that there were 2,368 closings in December 2012 — a 25.7% jump over November’s figure of 1,885 and 7.5% higher year over year when there were 2,202 closings in December 2011. There were also 1,928 pending sales in December, compared to 1,838 in November (a 4.9% increase), […]

Sales of Luxury Homes Multiplied at the Close of 2012

| January 9, 2013

Sales of luxury homes rose significantly within the final months of 2012. According to the National Association of Realtors (NAR), the sales of homes priced at $1 million or higher grew by 51 percent in November, compared to the previous year. In addition, sales of homes in Manhattan, valued at over $10 million, rose 44 […]