Islandia Real Estate News
Real Estate news for Islandia, NY continually updated from thousands of sources.
Wednesday Jan 28 | via Newsday
Long Island home values barely edged up in 2014 and remain below levels seen before the housing crash, despite rising prices for luxury residences. Across the Island, excluding the East End, homes sold for a median price of $362,000 in the last three months of 2014, up less than 1 percent from a year earlier, the Manhattan-based appraisal firm Miller Samuel and brokerage Douglas Elliman said... Long Island home values barely edged up in 2014 and remain below levels seen before the housing crash, despite rising prices for luxury residences. Comment?
Tuesday Jan 27 | via Marietta Times
Residents of New Hampshire, where Nashua got 33 inches of snow and Hudson got 32, are venturing outside to assess the damage. Bob Preston is a real estate agent in Seabrook, a coastal town strafed by high winds and almost 28 inches of snow. Comment?
Sunday Jan 11 | via Newsday
Azeez Smith lost his wife to breast cancer and his information technology job within a year, leaving the father of three on the brink of also losing his Brentwood home. However, Smith, 46, has been able to keep his house through a $17,181.32 loan from the New York State Mortgage Assistance Program. Comment?
Dec 26, 2014 | via Business LI
Long Island's economy is forecast to grow 2.5 percent to 3 percent next year as consumers spend much of the extra money they have because of low gasoline prices and, for growing numbers, pay raises, experts said. The pace of the region's recovery from the Great Recession will finally accelerate, leading to greater demand for skilled workers and wage increases for some of them, according to John A. Rizzo, chief economist at the Long Island Association business group and a Stony Brook University professor. Comment?
Dec 1, 2014 | via Sag Harbor Online
Sag Harbor resident and real estate agent John Brannen has enjoyed the largely recreational waterfront of the Ninevah community for years, but with the summer season this year he says the waterfront has been marred by the creation of a commercial mooring field, just outside of Sag Harbor Village waters, that boasts 60 to 70 moorings. Comment?
10 hrs ago | via Cape Cod Times
WASHINGTON – Home prices in 20 U.S. cities rose at a slower pace in the 12 months through November, a sign the industry struggled to find momentum even amid low mortgage rates. The S&P/Case-Shiller index of property values increased 4.3 percent from November 2013 after rising 4.5 percent in the 12-month period that ended in October, the group said Tuesday in New York. Comment?
Friday | via The Real Deal
Federal authorities have launched an investigation into New York Senate Majority Leader Dean Skelos' links to the real estate industry. Skelos is U.S. Attorney Preet Bharara's latest target, after Assembly Speaker Sheldon Silver was arrested last week for an alleged $4 million bribery scheme tied to a real estate law firm , according to NBC 4 New York. Comment?
Thursday | via The Washington Post
The insurer lent $12.1 billion on commercial properties, 5 percent more than a year earlier, according to a statement Thursday from New York-based MetLife. The company also committed to invest $1.7 billion in real estate equity in 2014. Comment?
Thursday Jan 29 | via The American Prospect
Activists wave Malaysian flags during a protest against Trans-Pacific Partnership ahead of U.S. President Barack Obama's Malaysia visit, outside the U.S. Embassy in Kuala Lumpur, Malaysia, Friday, April 25, 2014. he late Dr. Martin Luther King is praised for saying "injustice anywhere is a threat to justice everywhere." Comment?
Wednesday Jan 28 | via New York Magazine
One of the poorest neighborhoods in Brooklyn is suddenly the focus of both private speculators and City Hall, which wants to build thousands of units of affordable housing thereand by announcing its plans is fueling the land rush. One of the poorest neighborhoods in Brooklyn is suddenly the focus of both private speculators and City Hall, which wants to build thousand of units of affordable housing there - and by announcing its plans is fueling a land rush. Comment?
15 min ago | via Daily Kos
After all, the greatest period of prosperity in the United States was the approximately 30 years after World War II, when the federal government offered returning GIs low-cost mortgages to buy a home, low-interest loans to start a business and pay their way through college or trade school. Union membership peaked at 34.8% of the nation's wage and salary workforce in the mid-1950s and organized labor helped keep wages and benefits rising with productivity through the mid-1970s. Comment?
20 min ago | via Stuff.co.nz
The tiny house movement is taking off in New Zealand as people look for cheaper and more sustainable ways of living, an advocate for the small buildings says. Christchurch man Bevan Thomas built his own "tiny house" from scratch last year and had seen "hundreds" through it over the past few months. Comment?
27 min ago | via PR-inside.com
The company together with its key subsidiaries provides a wide range of commercial banking and non-banking financial services. Its portfolio of products and services includes deposits and investments, loans, mortgage, credit card, insurance, and business banking. Comment?
30 min ago | via Dr. Housing Bubble Blog
One of the dirty perceptions put out there is that home buyers stay put in their homes for many decades counting their days until the mortgage burning party arrives. The real estate pitch is always built around longevity. Comment?
1 hr ago | via The China Post
Portugal's property market continues to expand at double digit rates thanks to foreign buyers, including China's new wealthy, despite a corruption scandal over visas used to lure in rich non-Europeans. More than one in five residences sold in Portugal last year was bought by a foreigner, according to provisional data by the Portugese Real Estate Agents Association. Comment?
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