NEWS: Home inventory was flat in Q1 as listings lingered on market

Kathleen Howley May 10, 2019 The U.S. inventory of homes for sale was flat in the first quarter, compared with a year earlier, the first time since 2016 there wasn’t a decline, according to a Trulia report. Inventory increased in 50 of the nation’s 100 largest metro areas, up from just 19 areas one year ago.…
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NEWS: Today’s New Buyers Want Smaller Houses, Closer In

Lew Sichelman May 10, 2019 In something of a throwback to the 1920s, a new minimalist trend, in which less is more, may soon be taking hold in new-home design. At the same time, some builders will be heading deeper into urban and close-in suburban spots where location will be the primary amenity. These two…
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Mid-Island Mortgage’s 60th Anniversary!

May 13, 2019 Today is Mid-Island Mortgage’s 60th anniversary! No mortgage banker has been in business longer in New York, and we are also pleased to be able to serve clients across 19 states, putting six decades of experience and success to work.
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NEWS: Key Housing Markets Still Seeing Bidding Wars

MBA NewsLink Staff May 10, 2018 Redfin, Seattle, despite a noticeable nationwide decline in bidding wars for homes in April, pockets of the country, particularly on the West Coast, remain hot this spring. Redfin reported just 15 percent of offers written by Redfin agents on behalf of their home-buying customers in April faced a bidding war,…
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NEWS: 22% of Millennials Still Live with Parents

MBA NewsLink Staff May 10, 2018 More people age 23-37 are living with their parents than at any time this century, said Zillow Inc., Seattle. Nearly 22% of American millennials–more than 14 million in total–live with a parent or both parents, the highest share for this age group since at least 2000. Zillow said the share…
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New York State Union of Teachers 2019

May 9, 2019 Mid-Island Mortgage’s Shawn Dwyer, VP, Sales, Union Business Development, was proud to attend the 2019 New York State Union of Teachers (NYSUT) Representative Assembly in Albany, NY, and offer the UnionDirect mortgage discount program. Mid-Island Mortgage is NYSUT’s solely endorsed mortgage lender.
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