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NY Area: Home Ownership Still a Good Investment

December 10, 2010 Leave a comment

No surprise here.

According to recent data from the National Association of REALTORS® (NAR), home ownership is still a solid (if not exciting) decision from an investment standpoint.

For the full Newsweek article, click here.

The better news for NYC area home buyers is that greater NYC area was named the 5th “Best Performing Big Metro” area in the U.S. with a +41% increase in home price from 1990 to 2010, which includes the near -20.0% drop in the past few years.

New York Skyline For more info click here.


Andrew C. WilsonAndrew’s Take:

Overall, none of this should be surprising, especially when you take into account the mid- to long-term time horizon and the source of the information (NAR). For housing in established areas to generally only modestly outpace inflation is historically normal. The major price increases of the early 2000s were an anomaly resulting in the recent decreases in home prices.

Even though the past data looks good for the metro market at large, the prevailing trends don’t apply evenly to every city or neighborhood. Be sure you work with someone who can put specific information in your hands when looking to buy or sell.


Work with a buyer’s agent who is also a licensed architect.

Andrew Wilson: NY Architect and REALTOR®

Looking for Queens or Long Island Real Estate? Contact Andrew today.

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October Long Island Real Estate Skinny

November 27, 2010 Leave a comment

October Long Island Real Estate Skinny

Check out this video for a quick overview of the housing market on Long Island.

Brought to you by MLSLongIsland.

September Long Island Real Estate Skinny

October 29, 2010 Leave a comment

September Long Island Home Sales: Slowly but surely…

Check out this video for a quick overview of the housing market on Long Island.

Brought to you by MLSLongIsland.
Vodpod videos no longer available.

If you are currently looking for a home in Northeast Queens or Western Nassau, contact Andrew Wilson today.

Nassau Real Estate Market Report: July 2010

August 20, 2010 Leave a comment

Nassau Real Estate Market Report: July 2010

What is the latest real estate market information in Nassau?

Are prices up or down?  By how much?  What does this mean to you?  Check out the Nassau market report for July 2010. Click the image below for a .pdf download.

Nassau Sales Report July 2010

Subscribe to this blog via RSS (at top right) so you don’t miss the next update!


Andrew’s Take:
Andrew C. WilsonIn my opinion, here are the highlights for Nassau buyers:

  • On average in Nassau, a home, co-op, or condo will still sell for around 90% of its listing price. If you know your price range, keep this in mind when you are shopping, because that’s real money.  This trend has been relatively stable while every other metric is volatile.
  • The industry is definitely feeling the hangover from the tax credit.  Many sales were pulled forward by the government incentive. Inventory is creeping up again, meaning there are just more homes for sale… good news if you are a buyer.

If you are interested in discussing the overall market and what it means to you, contact me today. andrew.wilson@realestate.com


July Long Island Home Sales: Hurry Up and Wait

August 18, 2010 Leave a comment

July Long Island Home Sales: Hurry Up and Wait (for jobs)

Check out this video for a quick overview of the housing market on Long Island.

Brought to you by MLSLongIsland.

Vodpod videos no longer available.

If you are currently looking for a home in Northeast Queens or Western Nassau, contact Andrew Wilson today.

Bayside Student’s Artwork to Hang in US Capitol

July 21, 2010 Leave a comment
Great Neck North School graduate and Bayside resident Kang Hee Kim won the 2010 “Fifth Congressional District Art Contest,” and now, while it hangs in the Capitol Building for the next year, her artwork will be seen by thousands of people from all over the country and the world.

Read more in VICTOR G. MIMONI’s article at QueensCourier.com


Work with a buyer’s agent who is also a licensed architect.
Andrew Wilson: NY Architect and REALTOR(r)

Looking for Queens or Long Island Real Estate? Contact Andrew Today: andrew.wilson@realestate.com To search Long Island MLS like an agent: Click here.

Categories: Nassau, Queens

LIBOR Dinner Cruise

July 14, 2010 Leave a comment
Last night, my wife and I hit the waters of Flushing Bay and the Long Island Sound with about 200 of our closest friends including area Realtors and real estate related professionals.
View of the City and the Clouds (LaGuardia in the foreground)
Lighthouse near Kings Point, Nassau
Nice view of the North side of the Throgs Neck Bridge. Thanks, Robert Moses!
The event was sponsored by the CENTRAL NASSAU CHAPTER and the NASSAU NORTH SHORE CHAPTER of LIBOR.  Thanks to those who did the hard work so that we could show up and have a good time.
If any agents were on the cruise and are interested in joining my referral network, please contact me.  I am especially looking for agents who work in Manhattan and Suffolk County.

Work with a buyer’s agent who is also a licensed architect.
Andrew Wilson: Architect and REALTOR®
Looking for Queens or Long Island Real Estate? Contact Andrew Today: andrew.wilson@realestate.com To search Long Island MLS like an agent: Click here.
Categories: Nassau