Long Island Real Estate Appraisers

Topic Page | Housing Market Stats

The World Turns On, But Inventory Does Not

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CoreLogic is a company that tracks all kinds of trends. They take a slice of recent history and the economic factors within it and do cool calculations that slice and dice information used by pundits and prognosticators – and sometimes speculators. Data is only as good as its interpretation.  What is even more important is […]

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The Worm Turns

us-dollar-losing-value

Whatever you have heard about the death of The American Dream is absolutely erroneous. Well, as long as you aren’t American. Huh?  Yeah, the foreclosure inventory in highly desired areas is being bought up by foreign investors. And hey, it’s not all that bad. The President did tell Joe The Plumber that he thought that […]

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The Obtusely Obvious Advice of the NYT

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So the new breaking news from the NYT is that 79% of the mortgages that were closed in 2011 were refinances. That would make sense, wouldn’t it?  I mean, there is very little selling and the economy is on life support so how else could there have been originations? Not to mention the fact that […]

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