Mortgage Rates Are at an All-Time Low Good news was announced this week in a number of reputable papers about efforts of the Federal Reserve to lower mortgage loan costs. These efforts have resulted in steady rates that are not going up according to Business Week. Business Week is now owned by Bloomberg, so you [...]

Congressman Tim Bishop, who represents New York’s First Congressional District, took the time to discuss the details of the “Farmland Preservation and Conservation Act of 2011″ with Hamptons.com. The effect of the legislation is to protect people who inherit properties which are used for agricultural or conservation purposes at the time of transfer there is [...]

Tropical storm Irene did more than just inconvenience those in the New York state area. The low-powered storm managed to put many without essential services such as power.  An unexpected effect for the housing market was to have houses which were being shown get pulled off the market because of storm damage. Many intrepid local [...]

According to the Long Island Business News Website, there are lower prices this year and increased sales in the retail housing market according to MLS statistics. There were 1,849 homes contracted for sale in August, a 6.4 percent gain from the 1,692 sold a year ago, according to numbers from the Multiple Listing Service of [...]