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Real Estate
Most Expensive Long Island Home Listings All Sold For Under Asking Price Most Expensive Long Island Home Listings All Sold For Under Asking Price
Most Expensive Long Island Home Listings All Sold For Under Asking Price These luxury homes on Long Island didn’t quite fetch the selling price their owners had hoped for. Of the 10 most expensive residential sales to close across Nassau and Suffolk counties since Wednesday, Aug. 28, all 10 sold for below asking price, data from Zillow shows. The most expensive listing – a one-bedroom, three-bathroom ranch on 1.62 acres in Great Neck that was listed for $7.8 million – closed on Wednesday, Aug. 28, for $6.5 million, 16-percent under asking. The cheapest of the 10 – a six-bedroom, six-bathroom newer build on one acre in Woodbury that had sought $3.495 million – c…

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by Michael Mashburn
Real Estate
These NY Locales Among 20 Hottest Housing Markets In US, New Report Says These NY Locales Among 20 Hottest Housing Markets In US, New Report Says
These NY Locales Among 20 Hottest Housing Markets In US, New Report Says Blink and you could miss out on homes in these New York locales, among the hottest housing markets in the country, according to a new ranking. Two metro areas in the Empire State made Realtor.com’s “20 Hottest Housing Markets” list for April 2024. To come up with its ranking, the real estate website looked at two key factors in analyzing house markets: Market demand, measured by unique property views on Realtor.com, and the pace of the market, measured by how long houses are for sale. The following New York metro areas made the ranking: No. 2: Rochester. Median listing price: $295…

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by Michael Mashburn