2020 Market Update
By: Abigail Mago, Licensed Associate Broker I think it’s safe to say that 2020 has been a wild year for everyone. Despite the economic chaos brought on by the pandemic, the Fire Island real estate market has flourished this year. While we won’t have a complete data set to analyze the full year’s performance until […]
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2019 Fire Island Real Estate Market Report
Prepared By: Abigail Medvin Mago, Licensed Associate Broker February 28, 2020 ISLAND WIDE DATA Coming off of 2018’s record performance in terms of average and median sale prices, the 2019 Fire Island real estate market saw a moderate slow down. While the island wide average and median sale prices decreased year over year, transaction volume […]
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Why Winter is the Time to Buy
It’s no secret that things do slow down a bit during the winter months when it comes to real estate on Fire Island. However, if you’re a buyer, that’s not a bad thing. While you may have to break out your ski gear to make sure you’re adequately bundled up for your house tours, here […]
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The Perfect Blank Canvas To Make This Ocean Beach House Your Own
Dreaming of customizing your perfect beach house? 692 Ocean Breeze Walk gives you that opportunity! There are endless possibilities at this family home in Ocean Beach. This spacious home, currently listed for $775,000, is an excellent example of a home that you can make your own. Ideally located, 692 Ocean Breeze is just 4 houses […]
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2018 Fire Island Real Estate Market Report
Prepared by: Abigail Mago, Licensed Associate Broker Abigail@fireislandrealestate.com Island Wide Data The strong market performance we’ve been experiencing over the last few years has continued through 2018. In fact, 2018 was a record year for the Fire Island real estate market, both in terms of the average and median sale prices. The average island wide […]
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It’s True! You Can Get A Mortgage On Your Beach House
Many people are under the misconception that mortgage financing is not available on Fire Island but that is not the case. Mortgage financing, both for second homes and investment properties on Fire Island, is available through a wide variety of lenders. Though not all banks will lend on the island, most will. No need to […]
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Is Your Beach House An Expense Or An Investment?
Many people spend their lives dreaming of owning a beach house, but instead of going for it, they assume it’s a luxury that’s out of reach. However, with Fire Island’s robust rental market, you might be surprised at the financial realities of owning a vacation home. Buying a beach house can give you the opportunity to […]
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Winter Is Coming! Tips On Closing Your Beach Home For The Season
Now that we’re into November and you’ve probably gotten every last bit of use out of your beach house, it’s time to think about how to safely close your home for the winter. We’ve put together a checklist to help walk you through the big jobs and the often-overlooked details to ensure your home […]
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