century 21 prevete real estate: No Strong Finish for Long Island Real Estate in 2011 - 12/09/11 11:26 AM
When real estate sales in Nassau County went up 2.5% over last year in our third quarter, I thought there was a good chance that we would match or slightly exceed last year's production. Unfortunately both October and November have been a bit down from last year's numbers and the chance to show improvement in activity by the end of the year has faded. It's not all bad news since some local markets are thriving. Our own town of Plainview is up 9% over last year. Levittown a very big market in Central Nassau County is up 6%. Wantagh which has been
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century 21 prevete real estate: Long Island Real Estate Market October 2011 - Muddling Along - 11/04/11 11:22 AM
Nassau County is on pace to sell 9400 homes this year about 4% less than last year's 9750. A couple of months ago it looked like we might break with last year's sales. Sales would have to be too much improved in the traditionally slow months of November and December for that to be a reality now. But considering and artificial stimulus of the buyer's tax credit last year and the slow growth in employment on Long Island the picture could be much worse and that is cause for some hope. The story in our sister county Suffolk is not as
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