Andy's Blog

New Jersey, New York Tops in Tax Bills The highest property tax bills in the country are in New York and New Jersey, according to the Tax Foundation's analysis of data from the U.S. Census Bureau. The Tax Foundation analyzes counties and includes taxes levied by school districts and other taxing ...

House Committee Weighs Scrapping HVCC The appraisal system imposed by Fannie Mae and Freddie Mac last May is under attack by the House Financial Services Committee and could be on its way out. The "Home Valuation Code of Conduct" could be terminated by the proposed Consumer Financial Protection A...

New-Home Sales Decline After increasing for five consecutive months, new-home sales declined 3.6 percent in September compared with August to a seasonally adjusted annual rate of 402,000, the Commerce Department reported yesterday. Sales were down 7.8 percent compared to September 2008. Most of t...

How to Tell Mortgage Rates Are Rising What are the signs that mortgage rates, now at historic lows, are about to go up? One way to catch a clue is to read the minutes of the Federal Reserve. For instance, the Federal Open Market Committee said in its September minutes that when it came to interes...

Housing Pain May Not Be Over Even as home prices rose for the third-straight month, some experts remain skeptical about the strength of the current market recovery, noting that prices could drop this winter. "Plenty of pain yet to come," says Joshua Shapiro, chief United States economist for MFR....

Homes For Sale In Bellmore - Market Statistics - 10/26/09   The above Bellmore real estate market graph shows a 5 month supply of inventory with 33 properties being sold in the month of September. There are currently 67 houses Under Contract in Bellmore and 162 properties available on October 26,...

Homes For Sale In East Meadow - Market Statistics - 10/26/09   The above East Meadow real estate market graph shows a 4 month supply of inventory with 27 properties being sold in the month of September. There are currently 69 houses Under Contract in East Meadow and 118 properties available on Oc...

Homes For Sale In Elmont - Market Statistics - 10/26/09   The above Elmont real estate market graph shows a 12 month supply of inventory with 21 properties being sold in the month of September. There are currently 100 houses Under Contract in Elmont and 255 properties available on October 26, 200...

Homes For Sale In Hicksville - Market Statistics - 10/26/09   The above Hicksville real estate market graph shows a 7 month supply of inventory with 19 properties being sold in the month of September. There are currently 95 houses Under Contract in Hicksville and 125 properties available on Octob...

Homes For Sale In Levittown - Market Statistics - 10/26/09   The above Levittown real estate market graph shows a 4 month supply of inventory with 39 properties being sold in the month of September. There are currently 108 houses Under Contract in Levittown and 149 properties available on October...