Newsday recently reported that the supply of Long Island homes for sale has reached its lowest level in at least two years. The median sales price rose by 8.7% in Suffolk County to $347,750 and, in Nassau County, the median sales price increased 2.3%, to $445,000. August marked six straight months of year-over-year home sale […]
Multiple Listing Service of Long Island (MLSLI) reported today that, in Suffolk County, 698 residential properties were sold last month, up from 632 in February. Pending home sales, meanwhile, soared from 896 in February to 1,101 in March. Last month’s pending sales were 12.6% higher than they were 12 months ago, when there were 978 […]
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), […]
Data released by RealtyTrac on April 14 showed that the number of foreclosures in the first quarter of 2011 was lower than what it was during the same quarter in 2010. More than 681,000 homes received a foreclosure filing in Q1 2011, a 27% decrease. That same quarter, 215,046 borrowers lost their homes, which is […]