The North Shore Downsizing Playbook: What Long Island Sellers Give Up, Gain, and Owe
Downsizing on Long Island’s North Shore means weighing space, taxes, and timing. Here’s a realistic guide to the process, costs, and what to ask first.
Downsizing on Long Island’s North Shore means weighing space, taxes, and timing. Here’s a realistic guide to the process, costs, and what to ask first.
New York’s 2026 estate tax exemption is $7.35 million, and estates just 5% over it lose the exemption entirely. How the cliff works and why the house matters.
A bill in Congress would double the capital gains exclusion on home sales. What the More Homes on the Market Act would mean for Long Island sellers.
Long Island days-on-market swings 27 days across the calendar. A listing at 30 days in March is ahead of pace. The same 30 days in July is behind it.
A two-day roof replacement in East Setauket, including on-the-spot decking repairs, shows why North Shore sellers lean on vetted contractors before listing.
The 30-year fixed rate now averages 6.37%, down from 6.76% a year ago. Here’s what falling rates mean for buyer demand and your pricing strategy this summer.
Pending home sales rose 1.5% in March 2026 but are still down 1.1% year over year. Here’s what the NAR data actually signals for buyers and sellers this spring.
The hidden costs of selling a home can quietly erase your profit. From transfer taxes to staging, here’s what Long Island sellers actually pay before they close.
Commissions, transfer taxes, attorney fees, staging — selling a home on Long Island costs more than most sellers expect. Here’s exactly what to budget for in 2025.
When the market cools, most sellers wait too long to adjust. Here’s the real playbook for selling smart on Long Island when buyers have more leverage.