Archive for February, 2009

How Did We Get In This Mess?

Monday, February 23rd, 2009 Posted in Long Island Living | 2 Comments »

 A good friend of mine, Les Sulgrove, sent the link to this video to me.  It's a pretty good "bare-bones" explanation of why the credit crisis is so deep and ... Read more..

Help for Long Island Housing Market!

Wednesday, February 18th, 2009 Posted in Dix Hills & Melville, Home Buyers, Home Sellers, Market Reports | Comments Off

Although I'm disappointed that the $15,000 tax credit for all homebuyers didn't make it to the final Stimulus Bill, there are some incentives and an $8000 Tax-Credit for 1st-time homebuyers,  ... Read more..

Real Estate – A Great Investment!

Saturday, February 7th, 2009 Posted in Home Buyers, Market Reports | 1 Comment »

The best way to explain the real estate bubble and the resulting price deflation is to look at the graph below.  The average rate of appreciation from 1980 to 2000 ... Read more..