Updated October 2026. Figures are estimates for education only; your attorney and lender will give you exact numbers.
On Long Island, buyers who finance typically pay about 2% to 4% of the purchase price in closing costs, plus prepaid taxes and insurance. That range …
View MoreThe average 30-year fixed mortgage hit 7.4% in Freddie Mac’s survey for the week ending October 14, 2026. That’s the first reading above 7% since January 2025. Just a month earlier, it sat at 6.71%.
If you’re buying, selling or …
View MoreA short sale happens when a homeowner sells their property for less than what they still owe on the mortgage, and the lender agrees to accept that lower amount to release the lien. On Long Island, short sales come up most often when a homeowner is behind on …
The landscape of how homes are bought and sold on Long Island is on the verge of a massive regulatory shift. For years, "pocket listings" or "private exclusives"—properties marketed quietly within a specific brokerage or select inner circle rather than on the public market—have been a popular tool. Recently some …
View MoreFollowing months of deadlocked budget negotiations in Albany, the landscape of New York luxury real estate changed permanently on May 28, 2026, when Governor Kathy Hochul signed the $268.5 billion state budget into law.
While the real estate industry successfully fought back and defeated a proposed hike to the …
View MoreThe high-stakes legislative drama in Albany has finally concluded. The New York State Legislature officially passed the state budget, bringing concrete answers to the real estate community after months of intense speculation.
For buyers, sellers, and professionals navigating the seven-figure housing markets across Queens, Nassau, and Suffolk Counties, the …
View MorePurchasing a home on Long Island—whether you are looking at a classic colonial in Nassau, a sprawling property in Suffolk, or a vibrant neighborhood in Queens—presents a highly specific procedural dynamic. Because New York operates strictly as an "attorney state," your timeline moves in distinct, legally structured phases from the …
View MoreThe spring real estate market in Huntington, NY is exhibiting remarkable strength as we cross into the second quarter of 2026. Characterized by high demand and low supply, the area remains firmly locked in a Seller's Market. Sellers are continuing to maximize their returns, while buyers are navigating a highly …
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