Still strong on LI

From LI Business News:

Long Island home prices climb on strong sales

Prices of Long Island homes sold last month rose compared with a year ago, boosted by strong demand and a shrinking supply.

The median price of homes contracted for sale in Nassau County last month was $536,000, up 2.5 percent from the $523,000 median price recorded in Dec. 2018, according to numbers from the Multiple Listing Service of Long Island.

In Suffolk County, the median price of pending home sales last month was $393,500, an increase of 6.4 percent from the $370,000 median price of a year ago.

Pending home sales on Long Island were up by 15.2 percent last month, rising from 1,875 in Dec. 2018 to 2,161 in Dec. 2019.

Inventory has declined year over year. There were 9,370 Long Island homes — 4,519 in Nassau and 5,211 — listed with MLSLI at the end of last month, down nearly 5.9 percent from the 9,954 homes — 4,348 in Nassau and 5,606 in Suffolk — that were listed at the end of Dec. 2018.

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36 Responses to Still strong on LI

  1. Blue Ribbon Teacher says:

    Is it too much to ask to be cool with each other? I’m not a bad guy, you and others don’t always have to beat me up. Positive vibes for now on.

    Yes it is, I’ve never enjoyed a single conversation with you yet you keep wanting to engage me. You are incredibly starved for attention and obnoxious. I would prefer not to talk to you. Every time you engage me, I will continue to insult you and call out your bu1lshit.

    I would stop trying to gain admiration on this forum. I’ll give you the talk I gave my kid when he wanted to keep watching vidz one day instead of going out to eat with the family. No one behind that computer gives a f*ck about you.

  2. The Great Pumpkin says:

    That’s an incredibly sad post, but I’ll take the advice.

    You and others are some miserable individuals. Not going to change. It’s not even fun anymore being the contrarian to the negativity on this blog. I’ve did my part, proving most of you wrong over and over again.

    Peace and love…adios.

  3. Chi says:

    In a strong economy, even college students are receiving high profile job opportunities.

  4. ExEssex says:

    Lots of thinkers post here. Bloviating imbeciles will be exposed.
    “…contrarian…” lol.

  5. Libturd, the Master Beta says:

    He’ll be back before I can finish taking a dump.

  6. ExEssex says:

    Here, the story is less rosy.

    In a recent analysis, we found that 53 million workers ages 18 to 64—or 44% of all workers—earn barely enough to live on. Their median earnings are $10.22 per hour, and about $18,000 per year. These low-wage workers are concentrated in a relatively small number of occupations, including retail sales, cooks, food and beverage servers, janitors and housekeepers, personal care and service workers (such as child care workers and patient care assistants), and various administrative positions.

    Just how concerning are these figures? Some will say that not all low-wage workers are in dire economic straits or reliant on their earnings to support themselves, and that’s true. But as the following data points show, it would be a mistake to assume that most low-wage workers are young people just getting started, or students, or secondary earners, or otherwise financially secure:

    Two-thirds (64%) of low-wage workers are in their prime working years of 25 to 54.
    More than half (57%) work full-time year-round, the customary schedule for employment intended to provide financial security.
    About half (51%) are primary earners or contribute substantially to family living expenses.
    Thirty-seven percent have children. Of this group, 23% live below the federal poverty line.
    Less than half (45%) of low-wage workers ages 18 to 24 are in school or already have a college degree.
    These statistics tell an important story: Millions of hardworking American adults struggle to eke out a living and support their families on very low wages.

    What should be done? Some suggest that education and “upskilling” is the answer, arguing that if these workers got more education and increased their skills, they would move up to higher-paying jobs.
    Source: Brookings Edu

  7. Libturd says:

    Good morning NJ.

    Ain’t it nice to wake up to a clean sheet, devoid of the village idiot’s nonsense?

  8. Bystander says:

    Don’t conjure the idiot. What a gorgeous day yesterday. Recharges you for the months ahead. My son had his shoes off and running on the sand at our town beach. Just awesome. Of course, run into ex co worker who said old IB continues to let people go. That was followed up by email from another ex co-worker who was let go for second time in 18 months. Reality is always around.

  9. 3b says:

    Chi What can you say about a country and some of its people that encourage their young to kill themselves? And somehow we are told by some that we need to understand this.

  10. Nomad says:

    Measuring supply of houses is easy. How do they measure demand, anecdotally?

    What is telling to me is how fast the major homebuilders are selling product that is pure crap – inferior building materials put together by inferior construction workers. Crooked walls, lousy sheet rocking, taping and mudding, windows and doors installed that are not square or windows not even level with one another. Moulding and finish carpentry mis cut and not aligned. Yet it is selling at a brisk pace in a state that is supposedly seeing people leave.

  11. Nomad says:

    Great post Essex. What I think many in this part of the country don’t understand or do not see is that most of the US is not the tri-state and while in this part of the country you can in some cases, work your backside off in a sucky job for long hours and make a living wage, this is not possible in many other parts of the country, specifically flyover. The discussion of inequality continues but appears that not much is really being done to address it. Paul Tudor Jones has an initiative but seems geared toward higher paying, skilled professionals. Infrastructure continues to rot and would afford many a decent job and a living wage and I think we as a nation have been discussion this since ’08 or earlier and yet, nothing happens.

  12. Fast Eddie says:

    What is telling to me is how fast the major homebuilders are selling product that is pure crap…

    What I’ve also noticed is that the term “downtown revitalization” is nothing more than code for condo complex construction. I also love the term, “mixed use.” Another code term for increasing tax revenue to feed useless pensions for the “services” of generally useless workers.

  13. Blue Ribbon Teacher says:

    My father in law was in construction his whole life. We brought him into every house that we considered making an offer on. If I had to guess, 90% of the homes built post 1990 had offensive substandard work done on them. Our inspector was the best. This guy went over every single square inch of the home and marked up everything. He identified so much stuff on the first home I wanted to buy that I pulled out of contract and ate the lawyers fees. He probably saved me tens of thousands of dollars. When we had him on our second home, he only found 3 minor things wrong. He was so good that the guy we bought from hired him to do his home that he wanted to buy after he already had one inspection done. We had bought a house in a place where the contractor built the other 30 homes on the lot but our lot was vacant. The previous owner bought the land and used his own contractor. While everyone else’s home has leaky roofs, cracked foundations, and walls falling apart, ours is rock solid.

    I would think you have to be nuts to buy from a major homebuilder. Even of the contractors working on the place are good, their hands are usually tied by the bean counters above them and you are going to get a crap product. I remember the apartment I rented from Avalon in West Windsor. The friggin thing was sinking and was probably 2 degrees off level. All my folding chairs collapsed to the side after 6 months of strain.

  14. PatrioticHillbilly says:

    Get woke go broke. Decide to marry a wt American chick with a big sense of entitlement and watch yourself become a pariah in the royal court. Good bye and good luck working at wall mart.

  15. Fast Eddie says:


    lol. When the news broke that he was going to marry this broad, I said to myself, “What the f.uck is he thinking?” Then again, the primal side of a male can be skewed and um… certain things “feel” right. :o

  16. Juice Box says:

    Cannot get rich living off the Queen’s charity, as they aren’t allowed to earn income, they are tryin get rich and remain Royal. I don’t think it will work unless the do a reality TV deal.

  17. chicagofinance says:

    Harry should have targeted someone related to Salma Hayek….. there is a woman worth ruining your life for…..

    Juice Box says:
    January 13, 2020 at 11:40 am
    Cannot get rich living off the Queen’s charity, as they aren’t allowed to earn income, they are tryin get rich and remain Royal. I don’t think it will work unless the do a reality TV deal.

  18. Libturd, the Master Beta says:

    Well, you know what they say. Once you go …, you never go back.

  19. Libturd (breaking the echo chamber) says:

    In political news. Bernie is surging so get ready for the full court press from the DNC. Big debate tomorrow night with much fewer candidates. I really hope Bernie gets away from his oft-repeated arguing points and speaks from his semi-damaged heart. Though, I am really looking forward to Joe making a complete fool of himself as usual.

  20. D-FENS says:

    There is a theory that Pelosi is holding the articles of impeachment and will release them during the Iowa primary. This way, Biden will be free to campaign while Bernie is tied up doing Senate business.

    They’re trying their hardest to tank his campaign again.

  21. Libturd, the Master Beta says:

    They always do. Sadly, I think he’s the easiest winner against Trump. It probably won’t matter though as Bloomberg is going to do everything in his power to buy the election. And America, like Jersey did with Murphy, will probably roll out the red carpet for him. I wonder if he would try to amend the constitution for his third-term?

  22. D-FENS says:

    They’re going after Bernie…

    JUST IN: CNN reports Bernie Sanders told Elizabeth Warren in private 2018 meeting that a woman can’t win; Sanders denies the allegations

  23. Libturd, knows you can't spell nice without ICE says:

    In more positive news, Gator Jr. scored his first and game-winning goal for VGR hockey last night. It’s a pretty incredible feat considering that the coach is giving him less than a minute of playing time per game and thinks it’s smarter to play an entire game with four defense man instead, which is simply ludicrous.

    I can’t wait for next year when he lights it up and I can call him an asshole to his face. Riding the bench wouldn’t be so bad if two of his club teammates (who are the top scorers on the team) didn’t play half the game.

  24. Libturd says:

    Calling Bernie a misogynist is just plain silly.

    Looks like Warren and the DNC are aiming for differentiation between the two.

  25. Libturd says:

    Did you see the sources? It has DNC dna all over it. I hope it alienates Warren voters since it is so ludicrous.

  26. Juice Box says:

    re: Calling Bernie a misogynist is just plain silly.

    Fair’s fair, Trump is a Nazi and Bernie is a now a Nazi too.

  27. Libturd says:

    But Trump is a nazi. :P

  28. 3b says:

    The DNC will get Obama to intervene.

  29. Libturd says:

    It’s all the DNC in action. Bernie doesn’t take any blood money and represents the end of the party gravy trains. That’s how you really drain the swamp. No one in either party is willing to do what is necessary (break up Amazon or MSFT for example) as long as they drink from the corporate trough. And if you think borrowing from the future to prop up a sick Wall Street is the solution, then you are as dumb as the boomers.

  30. 3b says:

    Juice no surprise. I think behind Obama’s nice guy image he is arrogant and ruthless. When this economy blows up it will be the young people who lose. I would love to see Bernie win! It would scare the crap out of the powerful vested elites on both sides.33

  31. Chicago says:

    I would post some half thought out heresy, but I know certain people here would fact check me and call me out. Anyway this reminds me of a state of New Jersey survey that was supposed to highlight the fact that state troopers disproportionately pulled over African-American drivers. Instead video evidence proved that in fact such driversDisproportionately committed moving violations while passing through traps. As a result the information was cast aside because it didn’t fit the narrative.

  32. ExEssex says:

    Deficit financing … what could go wrong?

  33. Dianelchk says:

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