Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Predicting Long Island Home Sales: More Quandary Than Certainty

Even the least vigilant of Long Island’s market-watchers had their antennae out this April, the traditional time of month when real estate statistics are released from the most authoritative sources. National trends in home sales frequently provide clues to the direction the Nassau and Suffolk County markets are likely to take—and with the 2016 spring selling season already under way, this is the time of year when movements can be more volatile than usual.
The April 4th, 2016 data was less exciting than has been the case in recent years—and what movement there was seemed to leave opinion-makers perplexed. The Associated Press writers put it this way:
“The housing market enters the traditional spring buying season facing a quandary.”
When you are interested in clues to how home sales are likely to fare, words like “quandary” don’t help. It was in fact glass-half-full/glass-half-empty kind of news. You could see what you wanted to see.
If you were a pessimistic type, your predisposition might have been bolstered by The New York Times Headline, “Existing Home Sales Drop More Than Expected.” There it was! Confirmation of a downturn in activity. Though you could have admitted that the trend might not extend to every corner of the country, ... more

__________________________________________________
Are you on The Rain? Grow Your Network!