longislandrealestate: Phil's July Uplifting Newsletter - 07/02/26 11:53 AM

 
(1 comments)

longislandrealestate: What Impact will the 38 Trillion Dollar Debt have on our Real Estate? - 03/06/26 11:19 AM
What impact will the thirty-eight trillion dollar debt have on U.S. real estate here on Long Island and across the U.S.?
Interest rates, borrowing costs, inflation, investor confidence, and fiscal policy limits.
Higher Interest and Mortgage RatesOne of the most direct links between high government debt and real estate is through interest rates.
When national debt grows, the government must issue more Treasury bonds to finance it. To attract buyers, yields (returns) on those bonds need to stay competitive. This pushes interest rates higher. Mortgage rates generally move in line with long-term Treasury yields. Many analysts now think mortgage rates are unlikely to return to … (1 comments)

longislandrealestate: Prediction of the strength of the housing market 4th quarter into 2026 - 09/29/25 05:03 PM
Here’s a reasoned projection (with caveats) for the strength of the the U.S. housing market in Q4 2025 through 2026 — along with key risks and regional caveats you should watch. (Note: this is not a certainty — it’s a synthesis of expert forecasts and macro trends.)
Key Signals & Assumptions
Some of the main inputs shaping forecasts:
Bottom line forecast: By the end of 2026, the housing market will likely be stronger than in 2025 — but not in a runaway fashion. Gains in volume and price are likely, but tempered by affordability constraints and macro pressures.
⚠ Risks, Uncertainties … (1 comments)

longislandrealestate: What happened in the 2nd Quarter of 2025  - 07/16/25 07:28 AM
There are many states and localities where housing inventory has increased drastically, as buyers have been retreating back on the fence waiting for lower rates. Moreover, financially, they just can’t afford the current prices. Mortgage rates have been hovering between 6.5% and 7%. When you add the other costs of insurance and the ongoing costs of ownership, this market has caused many to move to the sidelines to wait and see when, and if, rates and especially prices will subside.
 
Prices will still be stable, increasing slightly, until there is a marked decrease in demand on Long Island. However, Jerome Powell, our Fed Chair, isn’t succumbing to … (5 comments)

longislandrealestate: How has the market been this past September? - 11/11/24 05:19 PM
Sold median prices for residential property from August through September saw a modest increase of 1.2% month over month from $760,800 to $770,000.  However, year over year prices are up 10%.  It appears that the demand is still insatiable for those who still have the need or as some call it fomo (fear of missing out) in purchasing a home. However, the number of homes sold decreased from 8915 to 8,254, a 7.4% decrease.  The lack of inventory can be directly attributed to these statistics. Although interest rates are lower than last year, the decrease in the Fed rate by ½% … (0 comments)

longislandrealestate: The Wow factor on Long Island and it's effect on Real Estate - 08/13/24 03:20 PM
 
 

  Home Business All Things Real Estate: The wow factor of Long Island benefiting housing Business All Things Real Estate: The wow factor of Long Island benefiting housing By Philip A Raices- August 12, 2024 0 Philip Raices   I have lived on Long Island for over 69 years. I have enjoyed all the beauty and benefits of the sights, sounds, food, culture, and fun things that accompany living on Long Island.
There is so much to see and do and enjoy here that it draws those who can afford to gain all that it has to offer. While … (0 comments)

longislandrealestate: A survey on what’s happening in the Long Island market - 11/09/22 02:24 PM
  0   I am devoting a portion of this week’s column to ascertaining what purchasers, sellers, and investors’ concerns are in our local Long Island market.
The following are choices in determining how you would rate your concerns about the current real estate market and where you might place your money whether you choose to stay put where you are, go into a rental, or consider moving out of the area to a lower priced location or state or lastly to buy an investment property for cash flow. Choose the top 4 in the order of most to least in importance to … (0 comments)

 
Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net! (Turn Key Real Estate)

Philip A. Raices

1 of the Most Knowledgeable Brokers on the Net!

Great Neck, NY

More about me…

Turn Key Real Estate

Address: 3 Grace Ave Suite suite 180, Great Neck, New York, 11021-2415

Office: (516) 829-2205

Mobile: (516) 647-4289

A source of a multitude of Articles, thoughts, and ideas on Real Estate that help Sellers, Investors, Purchasers, Renters and Lessees of Residential and Commercial Properties in Great Neck and the surrounding areas of Manhasset, Port Washington, Glen Head, Sea Cliff, Glen Cove, Brookville, Upper Brookville, Old Westbury, Roslyn, Albertson, Carle Place, Garden City, Mineola, Searingtown, New Hyde Park, Manhasset Hills, Little Neck, Douglaston, Bayside, Fresh Meadows, Whitestone, Jamaica Estates, Bellerose, Hollis, Hollis Hills, Jamaica Estates, St. Albans, Laurelton, Kew Gardens, Kew Garden Hills, Forest Hills, Flushing, Nassau County, Queens County and New York City, domestically in the other 49 States as well as Globally. Please feel free to ask about our free, no-obligation relocation services for your vacation or retirement destination. We will relocate you and your family for free anywhere in the world. I am a C.I.P.S. (Certified International Property Specialist)


Listings

Links

Archives

RSS 2.0 Feed for this blog