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Home Sales Heating Up

…Sales on Long Island now are leading the region, with sales up 32% compared with the third quarter of 2012, according to a market report released Thursday by Miller Samuel Inc. and Douglas Elliman….

…For Long Island, it was the fifth-best sales quarter on record since 2003, when Miller Samuel began tracking sales there….

…Jonathan Miller, an appraiser who prepared the Elliman report, said prices on Long Island peaked two years before they did in Manhattan, then drifted lower during the recession before stagnating until 2013….

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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