REAL ESTATE MARKET IS HOT ON LONG ISLAND

Home in Long Island

The real estate market on Long Island is heating up. Nassau County had a 25% increase in home sales in the month of March 2016 as compared to March of 2015. In Nassau county 934 homes were sold in March of 2016 whereas only 740 homes were sold in March of 2015. Suffolk County has also showed an increase amount of home sales in March 2016. However, it was only approximately 8% higher than the home sales rate was in 2015.,/p>

The average home sales in March 2016 in Nassau County went for $430,000.00.

NEW YORK CITY RESIDENTS FIND BARGAINS ON LONG ISLAND

The price of small apartments in New York City averages over $1,000,000.00 Manhattan residence who come to Long Island looking for homes find the homes are a bargain compared to what they pay for small co-ops or condos in Manhattan. The quality of schools on Long Island is also a significant factor for residents living in Manhattan to buy homes on Long Island. The homes on Long Island are larger than Manhattan Apartments and many Long Island towns have excellent school districts.

Elliot-Schlissel

Elliot S. Schlissel is an attorney that represents clients throughout the metropolitan, New York area with regard to real estate transactions, real estate litigation and foreclosure defense.

Valley Stream, Lynbrook, Baldwin, Malverne, Freeport, Oceanside, Long Beach, Elmont, Lakeview, West Hempstead, Hempstead, Merrick, Bellmore

We represent individuals throughout the New York Metropolitan area with divorce and child custody, personal injury, car accident, wrongful death, estate administration, nursing home and medicaid issues

The information you obtain at this website is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your particular legal issue. This is attorney advertising.

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