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First-time Buyers
Centereach-Selden, NY
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No Bedroom? No Problem: Tiny $329K Selden Cottage Gets Big Attention Online
A tiny cottage on Long Island with no bedroom is drawing big attention online. The studio-style home at 84 Wyona Avenue in Selden is listed for $329,000 despite offering just 446 square feet of living space and no dedicated bedroom. Built in 1903, the narrow home measures roughly 10 feet wide by 37 feet long and sits on a 5,227-square-foot lot.The compact layout functions as a studio cottage with one full bathroom. “Perfect for downsizing, first-time buyers, or anyone looking to escape high rents,” reads the listing from HomeSmart Dynamic Realty. Even with its modest footprint, the …
National Interest
Home Sales Suffer Slowest April Since 2009 Amid Trump Tariffs, Rising Mortgage Rates
Home sales fell for the second straight month in April, dropping to their slowest pace for the month since the global financial crisis more than 15 years ago. Existing-home sales slipped 0.5% from March to a seasonally adjusted annual rate of four million homes, the National Association of REALTORS (NAR) said on Thursday, May 22. The median price for an existing home rose to $414,000, setting a new April record and marking the 22nd straight month of annual price increases. Sales hit their slowest April pace since 2009, CNBC reported. They were down 2.0% from April 2024, despite ho…