Preparing Your Home For Sale - 04/22/11 12:55 PM
Now that one of the snowiest winters on record is over, how much is the real estate market expected to bounce back this spring? Across the board, home prices have stabilized and both buyers and sellers are more realistic, says Dorothy Aschkar, president of the Multiple Listing Service of Long Island. According to the March Multiple Listing figures, the overall contracted median home price from February to March on Long Island and Queens has dropped 0.4 percent, indicating flat but not falling sales. There's not a wide gap between asking and selling prices because homeowners are pricing their properties more realistically … (0 comments)

School Taxes Set to Rise Across Long Island - 04/17/11 08:36 AM
School taxes are heading sharply higher on thousands of homes and businesses across Long Island, even as state political leaders debate the need for capping tax rates. A month away from May 17 budget votes, the prospect of taxes rising at an accelerated pace is widespread throughout the Island. Some of the biggest proposed tax increases are coming from low-wealth school districts in central and southern Suffolk County that are trying to compensate for recent record cuts in state financial aid. A growing tax burden Center Moriches, for example, is calling for a 6.62 percent increase in next year's tax levy, … (1 comments)

 

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