Long Island real estate market is tough for buyers
Вставка
- Опубліковано 27 бер 2022
- Experts predict a tight spring and summer market. Market analyst Jonathan Miller of Miller Samuel Real Estate Appraisers said the issue isn't unique to Long Island. The bidding wars are national and indicative of the U.S. housing market.
Subscribe to FOX 5 NY: / fox5ny (ua-cam.com/users/fox5ny)?sub_c...
Watch FOX 5 NY Live: www.fox5ny.com/live
FOX 5 NY delivers breaking news, live events, investigations, politics, entertainment, business news and local stories from New York City and across the nation.
Watch more FOX 5 NY on UA-cam:
Black Entrepreneurs: • Playlist
STREET SOLDIERS with LISA EVERS: • Street Soldiers with L...
A.I. ALL IN: • Playlist
Finding Faith: • Finding Faith with Sha...
The Big Idea: • Playlist
Download the FOX 5 NY News app: www.fox5ny.com/apps
Download the FOX 5 NY Weather app: www.fox5ny.com/apps
Follow FOX 5 NY on Facebook: / fox5ny
Follow FOX 5 NY on Twitter: / fox5ny
Follow FOX 5 NY on Instagram: / fox5ny
Subscribe to the Good Day NY Morning Brief newsletter: www.fox5ny.com/email
Houses and taxes kill you in nassau most of us can't afford to buy there
In the meantime, traditional home buyers unable to close on a house become indentured renters.🏡
Come to Canada ,and you will see what is high... Toronto and Vancouver are tye highest in north american ,way more than NYC
The population of only California is double Caanada though.
Its Tough for Certain Areas Because most of the people on long island aren't leaving So its hard to find a out house out in long Island
What is government doing when the real estate prices are growing in double digits from past 5 years while salaries remained same during those years. How much time do they need to realize the fact that there is something seriously wrong with the system and low inventory is kept purposely to jack up the prices?
And what are the 36 neighborhoods on LI? @fox5 why say it if you’re not going to tell us all of them?
Just property taxes are like $1000 on Long Island, unless you’re making at least $150k a year, how do people afford to live here??
We work 🗽
@@vishaljakhu8653 exactly my point, everyone I know that lives on Long Island is basically busting their ass working just to pay off that mortgage every month. Unless you’re making an extremely high salary, you’re struggling.
1000k per month?😬
Some have their parents or grandparents pay their mortgage or other bills. Not everyone has broke parents 🤣.
1000 a year is cheap what you talking about
Rate Hike is lowering the price. I now starting to see discounts of 10% to 20%.
Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. You can STILL buy a mobile home of your own for only $100,000. That’s right, only one hundred thousand, AND that includes the land it sits on, approx. 50’x100’. Seriously, you have the Colorado River a mere walking distance away, with nine gambling casinos on the river bank across the river in Laughlin, Nevada. And we’re only 90 miles south of Vegas. Water taxi’s move people from one casino to the other, for those who don’t drive. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation, IMO.
Purchasing a mobile home is a terrible investment as it only goes down in value and just the land value goes up.