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End of School Year Celebratory Issue!
JUNE 1, 2022
Read All Issues Online
www.longislandmediagroup.com
Congrats Class of 2022
Like Us On Facebook @LongIslandMediaGroup VOLUME 68 • NO. 41
PUBLISHED BY LONG ISLAND MEDIA GROUP
LINDENHURST SOUTH EDITION
BOB MEADE
INTEREST
37 YEARS EXPERIENCE • TOP SALES AGENT
THINKING OF SELLING? CALL
BOB TODAY
FOR YOUR FREE HOME EVALUATION
AA Realty 1596 STRAIGHT PATH LINDENHURST, NY 11757
631-226-5995
403147N060122
631-455-3916
LINDENHURST HONORS HIGH SCHOOL VARSITY SOFTBALL TEAM - For the first time in 50 years, the Lindenhurst High School Varsity Softball Team are the undisputed League II Champions! The Lindenhurst Village Board, pictured here with the team and their Head Coach Rick Caravaggio, designated May 18th, 2022 as “Lindenhurst Varsity Softball Day”, urging residents to honor and salute these outstanding student athletes on this great achievement.
403298CN060122
SB
Sellers Have an Opportunity as Home Prices Re-Accelerate As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate, albeit at a slower rate. According to data from CoreLogic, home price appreciation has been re-accelerating since November. The graph below shows this increase in home price appreciation in green: This is largely due to an ongoing imbalance in supply and demand. Specifically, housing supply is still low, and demand is high. As mortgage rates started to rise this year, many homebuyers rushed to make their purchases before those rates could climb higher. The increased competition drove home prices up even more. Selma Hepp, Deputy Chief Economist at CoreLogic, explains: “Home price growth continued to gain speed in early spring, as eager buyers tried to get in front of the mortgage rate surge.” And experts say prices are forecast to continue appreciating, just at a more moderate pace moving forward. What This Means for You If you’re thinking about selling your house, you should know you have a great opportunity to list your home and capitalize on today’s home price appreciation. When you sell, you can use your equity toward the purchase of your next home. Bottom Line History shows rising mortgage rates don’t always have a negative impact on home prices. Now is still a great time to sell your house thanks to ongoing price appreciation. When you’re ready to find out how much equity you have in your current home and what’s happening with home prices in your local area.
AA Realty
Serving Our Community For Over 46 Years.
631-226-5995
www.century21aa.com
Corner Of Wellwood & Straight Path
Independently Owned & Operated
1596 Straight Path LINDENHURST
©2022 Century 21 Real Estate LLC. Century 21™ is a trademark licensed to Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated.
Prom Night Prep Tips
Prom Fashion Trends
See Inside This Issue For: Opportunities For Graduation Recent Grads Party Tips
Gift Ideas For Graduates
400765AN060122
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