Latest Long Island Real Estate Newshttp://longislandrealestatemarket.com/long-island-real-estate-news/en-US2012-02-12T20:08:27ZSquarespace Site Server v5.11.81 (http://www.squarespace.com/)10 Things to Know About Real Estate in 2010http://longislandrealestatemarket.com/long-island-real-estate-news/2010/1/5/10-things-to-know-about-real-estate-in-2010.htmlMatt2010-01-05T17:15:09ZIs 2010 the year to buy a house? It certainly looks that way: After a steep run-up in prices during the first half of the decade, home values have plummeted back to 2003 levels. Fixed mortgage rates are sitting near record lows. And the foreclosure epidemic--while painful for many home owners--has created some wonderful opportunities for bargain hunters. If that's not enough, Uncle Sam is handing out thousands of dollars in tax credits to nearly all first-time buyers and the bulk of existing home owners who close a purchase by June.

]]>Homebuyers sign 16% fewer contracts in Novemberhttp://longislandrealestatemarket.com/long-island-real-estate-news/2010/1/5/homebuyers-sign-16-fewer-contracts-in-november.htmlMatt2010-01-05T17:11:37ZNEW YORK (CNNMoney.com) -- Homebuyers abandoned the market in droves during November: They signed 16% fewer sales contracts than the month before.

]]>3 reasons home prices are heading lowerhttp://longislandrealestatemarket.com/long-island-real-estate-news/2010/1/5/3-reasons-home-prices-are-heading-lower.htmlMatt2010-01-05T17:10:14ZNEW YORK (CNNMoney.com) -- After four months of gains, home prices flattened in October. Worse yet, industry insiders think that they'll soon start to fall.

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]]>"If You Don't Buy a House Now, You're Stupid or Broke"http://longislandrealestatemarket.com/long-island-real-estate-news/2009/12/9/if-you-dont-buy-a-house-now-youre-stupid-or-broke.htmlMatt2009-12-09T20:35:44ZWell, you may not be stupid or broke. Maybe you already have a house and you don't want to move. Or maybe you're a Trappist monk and have forsworn all earthly possessions. Or whatever. But if you want to buy a house, now is the time, and if you don't act soon, you will regret it. Here's why: historically low interest rates.

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]]>Obama signs homebuyer, jobless bill assistancehttp://longislandrealestatemarket.com/long-island-real-estate-news/2009/11/6/obama-signs-homebuyer-jobless-bill-assistance.htmlMatt2009-11-06T21:03:26ZWASHINGTON – President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump.

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]]>Senate Approves Homebuyer Tax Credit Extensionhttp://longislandrealestatemarket.com/long-island-real-estate-news/2009/11/5/senate-approves-homebuyer-tax-credit-extension.htmlMatt2009-11-05T16:36:54ZThe Senate voted today to pass an extension of the first-time homebuyer tax credit until April 2010.

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]]>Home sales contracts rise for 8th straight monthhttp://longislandrealestatemarket.com/long-island-real-estate-news/2009/11/3/home-sales-contracts-rise-for-8th-straight-month.htmlMatt2009-11-03T20:57:38ZNEW YORK (CNNMoney.com) -- The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real estate industry report released Monday.

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]]>Homebuyer Tax Credit May Be Approved Early Next Week, Reid Sayshttp://longislandrealestatemarket.com/long-island-real-estate-news/2009/10/31/homebuyer-tax-credit-may-be-approved-early-next-week-reid-sa.htmlMatt2009-10-31T20:54:40ZOct. 30 (Bloomberg) -- Congress could approve extensions of an $8,000 first-time homebuyers’ tax credit and unemployment benefits as soon as Nov. 3, Senate Majority Leader Harry Reid said.

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]]>Real Estate: Your local forecasthttp://longislandrealestatemarket.com/long-island-real-estate-news/2009/10/20/real-estate-your-local-forecast.htmlMatt2009-10-21T01:41:12ZReal Estate Forecast: Nassau-Suffolk, Long Island, New York

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]]>Homes: About to get much cheaperhttp://longislandrealestatemarket.com/long-island-real-estate-news/2009/10/20/homes-about-to-get-much-cheaper.htmlMatt2009-10-20T23:56:05ZNEW YORK (CNNMoney.com) -- If you thought home prices were bottoming out, you may be wrong. They're expected to head a lot lower.

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