Hi everyone. It’s Case-Shiller day! The day when S&P release their housing index numbers for April. So…how are we doing? Prices Stabilize, But Housing Trouble Still Looms [Forbes] Home prices in 20 major cities tumbled an average of 18.1% in the last 12 months, off 33% from their 2006 peak, according to the Standard & [...]
Two houses sold in March 2009, not a good month for the Village or for home sales in general. New York-area home prices fall by record 11.8 percent [NJ.COM] The Standard & Poor’s/Case-Shiller National Home Price index reported home prices tumbled by 19.1 percent in the first quarter, the most in its 21-year history. Home [...]
April 30, 2009 – 10:22 pm
Not a lot of good news in February for home sellers. NY Area Home Prices Down 10.2% in February [NorthJersey.Com] Home prices declined 10.2 percent in the New York metropolitan area, which includes North Jersey, from February 2008 to February 2009, the Standard & Poor’s Case-Shiller index said this morning. Home Prices in 20 U.S. [...]
I had lunch with my friend and business associate Julian on Tuesday. It was my day home with the baby so we took her along with us and ate in the Village at Horace and Sylvia’s. Julian couldn’t stop raving about how nice all the stores and restaurants along Deer Park Avenue were and what [...]
Sunday was a beautiful day for open housing. Over 20 open houses and more than a couple our price range. Sadly, I had to work. So I missed all the fun But my missus picked up the slack, packing up the baby and going to three of them without me. The comments below are mostly [...]
I was going to post this over the weekend, but other things got in the way. You know how it is. This report covers three open houses from Sunday, March 8th. As always, Interested in your impressions or any other info about those houses that you care to share in the comments. 29 Stowe Ave [...]
Well, we’re getting caught up some on the sold homes. Five sold in January. That’s not a big number, but it’s something, especially when you consider the time of year and the state of the economy. I’m a little sad to see 39 Totten go. I held out a little hope that it might eventually [...]
From Newsday – Babylon Will Help Middle Income Families Buy Homes Trying to jolt a lethargic housing market, the Town of Babylon announced yesterday it will give middle-income families a $15,000 down payment match toward the purchase of their first home. Those who earn 81 to 120 percent of the area’s median income will qualify [...]
From Newsday – Long Island Housing Market Is A Tough Sell A Rocky Point home Gisela Skoglund and her family are trying to sell has been on the market for nearly two years. The property is large enough to build another house on, and the Skoglunds are asking $319,000. “We’ve had a lot of people [...]
January 8, 2009 – 9:15 pm
I’m trying to get this one up as quickly as possible while the impressions are fresh in my mind. The open house was this past Sunday and even though this house was a bit out of our price range, we were happy for the excuse to get out of the apartment a bit. 50 Paumanake [...]