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Long Island ranked hottest market in January

Feb 06, 2014
Long Island was ranked the hottest real estate market in the nation, according to Pro Teck Valuation Services January Home Value Forecast. Factors contributing to Long Island’s strong market include foreclosures making up an inconsequential 2.18 percent of sales and available housing inventory being at only 3.63 months.

According to Tom O’Grady, CEO of Pro Teck Valuation Services, Long Island will reach peak highs again within five years. 

To read the entire press release, click here.
Featured Content

New York first quarter statewide home sales strong 
despite slide from record pace

With 25,192 closed sales across the Empire state in the first quarter, the housing market posted a strong start to 2018, even as it fell short of 2017’s record. The first quarter 2018 statewide median sales price of $260,000 represented an increase of 7.4 percent from a year ago. Click here to read more.