Author: matthewklages

After experiencing a sluggish first quarter, the Long Island housing market has made a remarkable comeback in April. Despite rising mortgage rates, the market witnessed a surge in pending home sales, an increase in new listings, and record-breaking prices for closed home sales. A Surge in Pending Home Sales Nassau and Suffolk counties saw a … Continued

The housing market on Long Island, New York, consistently attracts attention for its appealing mix of suburban peace and urban convenience. As both prospective homebuyers and real estate aficionados closely monitor market movements, understanding the evolving trends and forecasts is crucial to navigating this dynamic real estate scene. Long Island is distinguished as a prime … Continued

In a groundbreaking move for property rights, State Senator John Liu, Assembly Member Ron Kim, and other Queens legislators have successfully ushered in crucial language into the FY2025 state budget that sharply defines the term ‘squatter’ in New York State housing law. This pivotal update comes in response to growing concerns over squatters who illegally … Continued

In a significant move to protect private property rights, Florida Governor Ron DeSantis recently signed a groundbreaking law aimed at eliminating squatters’ rights in the state. The legislation, set to take effect on July 1, 2024, introduces severe penalties for squatting offenses and simplifies the process for property owners to reclaim their homes. During a … Continued

As the second quarter of 2024 unfolds, the real estate landscape presents a mixed bag of expectations. Traditionally a bustling period for property transactions, this spring might see a tempering in momentum, a deviation from previous years’ frenzied pace. Yet, amidst this cautious optimism, home prices are on the rise, buoyed by persistent demand and … Continued

In the ever-fluctuating real estate market, buyers and sellers occasionally face a challenging hurdle known as the appraisal gap. This gap arises when a property’s appraised value falls short of the agreed-upon sale price. Understanding why this happens, the possible solutions, and prevention strategies is crucial for anyone navigating a real estate transaction. What Is … Continued

The New York Long Island real estate scene has consistently been a focal point for its harmonious blend of serene suburban living and convenient city access. As potential buyers and real estate aficionados keep a close watch on the market dynamics, understanding the prevailing trends and future projections becomes crucial in navigating this lively property … Continued

Selling your house in 2024 requires more than just a fresh coat of paint and a tidy garden. With evolving market trends and buyer preferences, preparing your home for sale demands strategic planning and thoughtful updates to stand out in the competitive real estate market. This guide provides actionable steps to ensure your property not … Continued

In New York, like in many other states, the cost of probate can vary depending on several factors. Understanding these costs is crucial for both estate planning and those who may find themselves managing an estate. In this article, we will delve into the details of probate costs in New York, helping you gain clarity … Continued

Probate is the legal process that takes place after someone passes away, ensuring that their assets are distributed according to their wishes or, in the absence of a will, in accordance with state laws. In New York, as in many other states, probate can be a complex and lengthy procedure. This comprehensive guide will walk … Continued