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Downstate New York

Real Estate
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says Homes in some parts of downstate New York are being considered “overvalued” amid the current housing bubble, according to a new Fortune Magazine report. Fortune studied home price growth, which is wildly outpacing income growth across the country, with different areas across the US considered “overvalued," “undervalued,” or "normal."  Specifically, in downstate New York, both Suffolk and Nassau counties, as well as Westchester have been listed as being "overvalued," the report states. Other counties upstate also earned the distinction, while markets in the rest of the state have remain…

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by Zak Failla
Weather
Nor'easter Nears: Brand-New Projections For Snowfall Accumulation, Wind Speed Released Nor'easter Nears: Brand-New Projections For Snowfall Accumulation, Wind Speed Released
Nor'easter Nears: Brand-New Projections For Snowfall Accumulation, Wind Speed Released Brand-new snowfall projections have just been released by the National Weather Service for the major Nor'easter headed to the region. The time frame for the potent storm is early Friday evening, Jan. 28 into early Saturday evening, Jan. 29. Snowfall predictions have increased slightly, the National Weather Service said just after sunset on Thursday, Jan. 27. The hardest-hit area in the region is expected to be eastern Long Island, where up to 15 inches of snowfall is possible in spots along with dangerous 70 mile-per-hour wind gusts that could knock out power. "Eastern New England and the …

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by Joe Lombardi