September 27, 2025 - 02:04
As we head into the fall season, the Long Island real estate market is revealing some unexpected shifts that have caught the attention of both buyers and sellers. Traditionally, this time of year sees a slowdown in activity, but recent data indicates a surprising resilience in home sales. Many neighborhoods are experiencing a surge in demand, with properties receiving multiple offers within days of listing.
One notable trend is the increasing interest in suburban living, as more individuals and families seek spacious homes with outdoor areas. This shift is likely influenced by the lasting effects of remote work, prompting many to prioritize comfort and space over proximity to urban centers. Additionally, the market has seen a rise in first-time homebuyers taking advantage of favorable mortgage rates, despite economic uncertainties.
As inventory remains tight, sellers are finding themselves in a favorable position, often achieving above-list prices. This dynamic is reshaping expectations for the remainder of the year, leaving many to wonder how these trends will evolve as we move into winter.
September 26, 2025 - 04:30
Nev Schulman Explores New Ventures in Real Estate and TVNev Schulman, known for his role in the groundbreaking series `Catfish,` is venturing into the world of real estate while also exploring new television opportunities. With `Catfish` facing...
September 25, 2025 - 03:06
Judge Issues Temporary Restraining Order Against Developer Over EncampmentJudge Thomas Conley issued a temporary restraining order on Wednesday against a real estate developer who permitted an encampment to establish itself on his property in south Minneapolis. The order...
September 24, 2025 - 20:05
Bay Area Tech Worker Pursues Real Estate Investment for Passive IncomeConnie Bai, a tech worker from the Bay Area, is on a mission to build a robust real estate portfolio aimed at generating passive income. While her aspirations are clear, the journey has not been...
September 24, 2025 - 00:30
Enhanced Real Estate Economics Service LaunchedOxford Economics has announced the launch of its upgraded Real Estate Economics Service, which now extends its coverage to 100 cities worldwide. This enhanced service aims to provide in-depth...