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Property taxes are one of the highest ongoing costs of owning a home on Long Island, and they can vary significantly from one town to the next. Our REALTORS® want you to feel confident about what you're signing up for before you make an offer, so here's what you need to know.
Your property tax bill starts with an assessment, which is the local government's estimate of your home's value. Nassau and Suffolk Counties each have their own assessment cycles and review boards, so it's worth checking your target town's most recent reassessment date before you buy, and a
Nick Churton of Coach Realtor's London office looks to a genius to make some sense of the current international real estate market and offer some pointers for the future.
What Isaac Newton, who formulated the laws of gravity in the middle of the 17th century, would have made of the current gravity-defying real estate market is anyone's guess. But, no doubt, like most people he would have been flummoxed.
Even a genius like Newton, who worked from home during the plague of 1665/66, would have had difficulty making any sense of this market. Despite a global killer pandemic, tens of millions of people out of work, nations in lockdown, travel halted and national treasuries handing out trillions in support of businesses, jobs and mortgages, the real estate market booms. It should, by any calculation, have plummeted li...
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