Upbeat news on Staten Island housing market
Posted by Anthony Licciardello on
April hasn’t seen more than 200 residential home sales since 2008, when 214 homes were sold. Even still, this past April marks the most the month has seen in years, with 237 homes being sold—well over that of April 2008. This was over a thirty percent increase from this past March, which ended up having 182 sales. This is a big difference—a difference of fifty-five homes, to be exact. It was also almost a forty-five percent increase from the prior April, in 2012, which left off with 164 sales.
Over the past four years, 10,462 homes have been sold. The homes sold in the past twelve months, which amount to 2,680, make up a little more than a quarter of these total sales. This is the highest number of sales in a twelve-month span since the year beginning…
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The impacts of the hurricane were clearly evidenced in home sale numbers for this past November, a month after the storm. Â With just 182 home sales, it was a drop of over 14% from the prior month, and a whopping 33% from a year prior. Â However, a brighter side emerged after the storm, rebounding a little over 32% in December.
If you have fallen victim to Hurricane Sandy and have a mortgage loan that is backed by Fannie Mae, Freddie Mac, or the Department of Housing and Urban Development (HUD) there may be help for you.These three programs have put together some ways of helping you with your mortgage while you repair or replace your home, due to the damage from Hurricane Sandy.
According to the Internal Revenue Service, "a casualty is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual." Included among these events are earthquakes, floods, mine cave-ins, sonic booms, storms, and vandalism.
If you're in the market for a home that provides a considerable amount of income from a two or three bedroom apartment with a location and price that is unmatched in its price segment… This is your home.
The Featured open house on 20 Seacrest Ln. in Tottenville, Staten Islandwill be hosted by Kerry DeBellis, Licensed Sales Associate with RealEstateSINY.com.
An open house is scheduled for this Sunday June 26th from 1pm-4pm at 9 Keegans Lane.
