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US Median Household Income Rises For First Time Since Before COVID-19 Pandemic US Median Household Income Rises For First Time Since Before COVID-19 Pandemic
US Median Household Income Rises For First Time Since Before Covid-19 Pandemic Real median household income in the United States rose for the first time in four years. The amount of to $80,610 in 2023 marked the first annual increase since 2019 before the COVID-19 pandemic, according to a US Census Bureau report released this week. The report, Income in the United States: 2023, compares median household income by different characteristics, including race and Hispanic origin, and shows that not all groups had an increase in median household incomes from 2022 to 2023. Household characteristics are determined by the person, or one of the people, who owns or rents t…

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by Joe Lombardi
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