"Turnover Week" This week was "turnover week" in the rental market on Shelter Island. Many July tenants moved out of rental properties on Sunday, July 29th, two days early, giving Landlords time to reset their rentals for incoming August tenants, many of whom will be arriving on Friday, August 3rd. The island felt unusually quiet this week as a result. Each rental season has its own stories Continue Reading
Shelter Island Market Report July 26, 2018 – The Second Half of July
In the Shelter Island real estate market, the second half of July brought with it more tour activity, an increase in the number of offers made on active listings, new listings coming to the market, and more requests from homeowners for an analysis of the value of their property with a thought toward selling. Over a period of three days, I had four tours that featured nearly 30 properties, Continue Reading
Shelter Island Market Report – The First Half of 2018
The statistics for properties sold during the first six months of 2018 are starting to take shape. Closings are reported to Suffolk County which reports the numbers to the Town. Because there are delays between actual closings and when each Town receives the information, a combination of our own database, used throughout the East End of Long Island, and County and Shelter Island Town reports are Continue Reading
Shelter Island Market Report June 28, 2018
July 4th Week Over 4th of July this year, there are two opportunities for vacationers since the holiday falls on a Wednesday: a long weekend beginning Friday June 29th or a long weekend beginning Tues July 3rd. Either way, the calendar translates to a promising real estate week ahead for both sellers and buyers. On the sales end, customers have been methodical in their search, in many cases Continue Reading
Memorial Day Market Report 2018
As we approach the first big holiday weekend of the summer season, having experienced overcast and rainy days with a smattering of sunshine in between, the foliage has finally given Shelter Island the gift of a green canopy with an abundance of colorful shrubs in full blossom. As vacationers disembark the ferries, Shelter Island will welcome them with a full, beautiful glow of nature, as though Continue Reading
Life-Long Lessons Learned Through a Summer of Internship
With graduations in full swing and vacation starting for kids in school, my thoughts wander back to summer breaks when I was in school, growing up in Washington DC. My family encouraged my sisters and me to have scheduled summer activities, lest we lounge around for three months. So whether it was selling lemonade, organizing a fan club for our family cat then designing and selling fan club Continue Reading
Real Estate and the Code of Ethics
Not all real estate licensees are Realtors, although many mistakenly use the term synonymously. There are presently more than 1.84 million active licensed real estate professionals in the United States of which 1 million are Realtors. On Shelter Island, only two agencies, my office and one other agency, are Realtors. As a living and breathing Standard of Practice, it continues to be amended. Continue Reading
Shelter Island and the Local Economy
The biggest news this week on Shelter Island was the scheduled closing of the local Chase Bank branch at 48 North Ferry Road at the end of this September. The Shelter Island branch of Capital One, which had been located at 29 West Neck Road, closed about a year ago. These two corporate banking institutions exiting Shelter Island would leave just one bank standing here, East End based Continue Reading
Spring Returns to Shelter Island – Mar 29, 2018
Each year at this time, we all yearn for signs of springtime returning to Shelter Island. Crocuses popping their heads up in late February brought hope only to be dashed by another Nor’easter. Two Sundays ago, I was showing a listing of mine in Dering Harbor Village to a couple who were game to trudge through over a foot of fallen dead leaves to explore the contours of the land. They got Continue Reading
House-Hunting Tips
House Hunting Tips – August 24, 2017 During the summer, many customers visiting Shelter Island dip their toes into house-hunting waters. Each customer has a different approach to searching for real estate, something that has evolved with the advent of arm-chair shopping online. Before the internet, most customers would typically call a real estate agent and share their budget, desires Continue Reading
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