Weather Alert  

"Coastal Flood Advisory" ...Coastal flood advisory remains in effect from 4 am to 8 am EST Friday... * locations...vulnerable coastal locales along western Long Island Sound. * Tidal departure...3 to 3 1/2 ft above astronomical tides. * Coastal flood impacts...shallow flooding is expected in the most vulnerable locations near the Waterfront and shoreline. Expect around 1 to 2 feet of inundation above ground level in low lying, vulnerable areas. Some roads and low lying property including parking lots, Parks, lawns and homes/businesses with basements near the Waterfront will experience shallow flooding. * Shoreline impacts...breaking waves will result in beach erosion and flooding with minor damage possible to dune structures during the times of high tide. * Timing...around the times of high tide tonight. Precautionary/preparedness actions... A coastal flood advisory indicates that onshore winds and tides will combine to generate flooding of low areas along the shore. Time of high total tides are approximate to the nearest hour. Bridgeport CT MLLW categories - minor 8.9 ft, moderate 10.4 ft, major 11.4 ft mhhw categories - minor 1.6 ft, moderate 3.1 ft, major 4.1 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.2/ 9.7 1.9/ 2.3 3.0/ 3.5 2-3 minor Stamford CT MLLW categories - minor 9.4 ft, moderate 11.0 ft, major 12.4 ft mhhw categories - minor 1.5 ft, moderate 3.1 ft, major 4.5 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.6/10.1 1.7/ 2.2 3.1/ 3.6 2-3 minor New Haven CT MLLW categories - minor 8.6 ft, moderate 9.2 ft, major 10.5 ft mhhw categories - minor 1.9 ft, moderate 2.5 ft, major 3.8 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 8.6/ 9.1 1.9/ 2.3 3.0/ 3.5 2-3 minor Kings Point NY MLLW categories - minor 10.0 ft, moderate 10.5 ft, major 13.0 ft mhhw categories - minor 2.2 ft, moderate 2.7 ft, major 5.2 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/06 am 9.8/10.3 2.0/ 2.5 3.2/ 3.7 2-3 minor Piermont NY MLLW categories - minor 6.4 ft, moderate 7.4 ft, major 8.4 ft mhhw categories - minor 2.4 ft, moderate 3.4 ft, major 4.4 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/04 am 5.4/ 5.9 1.4/ 1.9 2.7/ 3.2 0 none Old Field NY MLLW categories - minor 9.2 ft, moderate 10.2 ft, major 12.2 ft mhhw categories - minor 1.9 ft, moderate 2.9 ft, major 4.9 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.5/10.0 2.2/ 2.7 3.4/ 3.9 3-5 minor Glen Cove NY MLLW categories - minor 10.1 ft, moderate 11.1 ft, major 13.1 ft mhhw categories - minor 2.2 ft, moderate 3.2 ft, major 5.2 ft total total departure day/time tide tide from norm waves flood ft MLLW ft mhhw ft ft impact -------- --------- --------- --------- ------- -------- 16/05 am 9.8/10.3 1.9/ 2.3 3.2/ 3.7 3-5 minor , "Wind Advisory" ...Wind Advisory in effect from 9 PM this evening to 6 am EST Friday... The National Weather Service in Upton has issued a Wind Advisory, which is in effect from 9 PM this evening to 6 am EST Friday. * Winds...northeast 20 to 30 mph with gusts up to 50 mph. * Timing...late this evening and overnight. * Impacts...strong winds may blow down limbs, trees, and power lines. Scattered power outages are expected. Precautionary/preparedness actions... A Wind Advisory is issued when sustained winds of 31 to 39 mph, or gusts of 46 to 57 mph, are expected or occurring. Winds this strong can make driving difficult, especially for high profile vehicles, in open areas, and on elevated roads and bridges. Use extra caution. , "Special Statement" Wintry weather will continue this evening across the entire tri- state area. Snowfall rates of up to 2 to 3 inches per hour will be possible during this time over portions of northeastern Long Island and all areas north of New York City with the visibility reduced below a quarter of a mile. For the rest of Long Island, New York City and adjacent areas of northeast New Jersey, snowfall rates will be lighter with sleet eventually mixing in. A changeover to rain is expected across the South Shore of Long Island, and possibly along the shorelines of Brooklyn, Queens and Staten Island. Regardless of the precipitation type, temperatures are hovering around freezing or below, so Road conditions will be hazardous. Additional impacts include downed tree limbs from heavy wet snow, and wind gusts will be increasing to 35-45 mph which may contribute further to this. 538 PM EST Thu Nov 15 2018 Wintry weather will continue this evening across the entire tri- state area. Snowfall rates of up to 2 to 3 inches per hour will be possible during this time over portions of northeastern Long Island and all areas north of New York City with the visibility reduced below a quarter of a mile. For the rest of Long Island, New York City and adjacent areas of northeast New Jersey, snowfall rates will be lighter with sleet eventually mixing in. A changeover to rain is expected across the South Shore of Long Island, and possibly along the shorelines of Brooklyn, Queens and Staten Island. Regardless of the precipitation type, temperatures are hovering around freezing or below, so Road conditions will be hazardous. Additional impacts include downed tree limbs from heavy wet snow, and wind gusts will be increasing to 35-45 mph which may contribute further to this. -- Thursday Nov.15 18,07:34 PM

LI Housing Market: Sale Prices on the Rise in Nassau and Suffolk

LongIsland.com

According to the National Association of Realtors, existing-home sales and prices reflect a healthy, emerging recovery in the housing market.

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According to the National Association of Realtors, existing-home sales and prices reflect a healthy, emerging recovery in the housing market. For 20 consecutive months, sales have been above levels for the same period last year.

Nationwide, existing home sales, including single-family homes, townhomes, condominiums and co-ops, increased 0.8 percent to 4.98 million in February, up from 4.94 million in January. That represents a 10.2 percent increase from February 2012 when sales were at 4.52 million.

And here on Long Island, statistics clearly show a rise in the numbers of homes being sold, along with the sale prices of those homes. According to data compiled by the Multiple Listing Service of Long Island, Inc., the pending sales median price for residential single/multi-family homes in Suffolk County was $327,500 in February, up from $311,000 for the previous February; and pending sales counts were 760, up from 694 in Feb. 2012.

In Nassau County, the median price for residential homes was $399,500 in February, up from $387,000 last February; and pending sales counts were 717, up from 636 in Feb 2012.

“Job growth in the improving economy and pent-up demand are causing both home sales and rental leasing to rise. Though home prices are rising much faster than rents, historically low mortgage rates are still making home purchases affordable,” said Lawrence Yun, chief economist for NAR. “The only headwinds are limited housing inventory, which varies greatly around the country, and credit conditions that remain too restrictive.”

A recent Fanny Mae National Housing Survey confirms optimism about the recovery of the housing market is growing nationwide. Nineteen percent of respondents said it’s a good time to sell, the highest number since the onset of the housing crisis; and 72 percent agree that now is a good time to buy a home.

The survey revealed that, owing to a drop in mortgage rates, home ownership rates have risen. Respondents reported that they expect home prices to climb about 1 ½ percent in the coming year. Sixty-nine percent of those surveyed agreed that if they were going to move, they would buy a home.

Additionally, 41 percent of consumers believe the economy is on the right track, up from 33 percent last month. Those who say the economy is declining fell 7 percent from last month to 53 percent.

According the Realtors Confidence Index Report for Feb. 2013, confidence about current market conditions is also on the rise among realtors, who report strong buyer demand and improving prices, even amid tight inventory and restrictive credit. While they expressed concerns about slow job growth and the impact of budget cuts, about 83 percent of those responding to the Index survey reported constant to rising prices compared to their average transactions a year ago.

Include your comments below or on our Long Island Living Discussion Forum.

 

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