Building is Up Nationally, Down Locally

Confidence for "newly built, single-family homes improved for a fourth consecutive month" says the National Association of Home Builders/Wells Fargo Housing Market Index when discussing the national trend.

To read the NAHB's press release, click here.

Unfortunately, the Northeast did see a significant decline in the same period. So we are left with mixed news at the Long Island Education Board. Let's hope that the national growth trend comes to town.

Water Recycling Showers - Wow - What's Next?

A great article on Business Insider about the future of showers, click here, to read. This shower cuts water consumption by 70% by automatically filtering the used water. It is estimated that the shower's cost can be recouped in 3 to 4 years of savings on your water bill. Real estate professionals who are interested in being green should read this article as this technology is estimated to be less than a year away from stores & now is the time to start talking about this great advancement. Soon home purchasers will want to know if the listing has such a shower. What's next?

Suffolk Bar - Real Property Committee Meeting - 8/15/12 - 6:30pm

For all those interested, the Suffolk Bar's Real Property Committee will be joined by Peter Johnson, Esq., the Town of Smithtown Town Assessor to discuss the tax grievance process within the Town.