Jyll Kata's (jyllkata) Blog

One month after the federal homebuyer tax credit's official expiration, the New Home Sales report turned in its worst showing ever. In May 2010, for the first time in 11 months, the inventory of unsold new homes crossed the 8-month marker, posting an 8.5 month supply overall. Additionally, new ho...

Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.  The Fed Fund Rate remains within its target range of 0.000-0.250 percent. In its press release, the FOMC said that, since April, "the economic recovery is proceeding" and...

Existing Home Sales dropped in May for the first time in 3 months but still managed to post its second-highest since November 2009, buoyed by the expiring federal tax credit program. An "existing home" is a home that cannot be considered new construction; a resale of an existing home.  Existing H...

Your home is probably the biggest investment you’ll ever make. Create a financial plan that takes into account repairs, upgrades, mortgages, insurance, and taxes. You probably already have a financial plan for yourself in place. Most likely you sat down with an adviser at some point to set up a b...

To successfully appeal your property tax bill, you first need to do a bit of sleuthing into your real estate assessment. Owning a home is an expensive proposition. There’s maintenance, landscaping, utilities, renovations, and, of course, taxes. It’s your civic duty to pay the latter, but it’s als...

(Reuters) - The collapse of the U.S. commercial real estate bubble will not be as crushing as many had anticipated, a top executive for real estate services company Jones Lang LaSalle Inc (JLL.N) said on Monday at the Reuters Global Real Estate and Infrastructure Summit in New York. After invest...

Thursday May 27, 2010 12:42 PM By Cathy Mahon Photo credit: Prudential Douglas Elliman Real Estate photo Rumor has it that Elizabeth Taylor -- yes, The Elizabeth Taylor -- once stayed at this sprawling new-on-the-market manse in Huntington while filming a movie. “Far Horizons," appropriately name...

As its June 30, 2010 closing deadline approaches, the federal home buyer tax credit is back in the news. Unfortunately, the headlines are misleading. Contrary to what you may have read (or heard), the federal home buyer tax credit has not been extended past June 30, 2010. At least not yet. And he...

Carol Gannon, Susan Morgan, Deborah Peseri, and Jyll Kata handing out free coffee and newspapers at the Cold Spring Harbor train station on Thursday June 17, 2010. 

MLS #: 2301587  This bautiful 9 bedroom, 3 bath ranch is located on 2 acres of land in East Norwich, NY.  The home is backing a golf course, and is a great value that is convenient to all.  The land is a possible subdivision.  For more information please contact Jyll Kata at Cell: 516-330-2321, O...