Tag Archives: Nassau County

Consumer Confidence Down

With consumer confidence declining, the outlook for retail sales, excluding food and energy, will be affected.  This will be a drag on the demand for retail space. Newsday reported that “Along with increased gas and food prices, New Yorkers were uneasy about … Continue reading

Posted in Real Estate Market Analysis, Retail Stores | Tagged , ,

The Long Island Retail Market & New Construction

by Jim MacCrate, MAI, CRE, ASA The vacancy rate for retail properties on Long Island (Nassau & Suffolk Counties only) has been increasing steadily since 2004-2005 when the vacancy rate was below 4%.  One can drive through the older downtown … Continue reading

Posted in Highest & Best Use, Real Estate Market Analysis, Retail Stores | Tagged , , | 2 Comments

Follow Up -What Has Happened to Land Values in New York Metropolitan Area?

Follow Up -What Has Happened to Land Values in New York Metropolitan Area?   By James R. MacCrate, MAI, CRE, ASA – MacCrate Associates LLC   In the last post, it was discussed that real estate appraisers have been taught … Continue reading

Posted in Land Valuation, Real Estate Investments, Real Estate Valuation Methodology, Residential Valuation | Tagged , , , , , , , , , , , , , ,

Housing in the New York Metropolitan Area

Housing in the New York Metropolitan Area – February 28, 2009 By James R. MacCrate, MAI, CRE, ASA and Terry V. Grissom, PhD The turmoil in the housing markets has been a prolific topic for the media, professional journals, and … Continue reading

Posted in Real Estate Market Analysis, Residential Properties, Residential Valuation | Tagged , , , , , | 2 Comments

And, It Will Get Worse – The Housing Mess

And, It Will Get Worse – The Housing Mess By James R. MacCrate, MAI, CRE, ASA The following chart indicates the long term trends in Nassau County’s housing market based on proprietary data maintained by George McCarthy, MAI at real … Continue reading

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