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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.
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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.