IT’S SPRING - TIME FOR NEW BEGINNINGS

 

Spring officially begins at the vernal equinox, which will occur at 5:37 AM on Saturday, March 20, 2021. Winter is officially over, and it’s time to say goodbye to the gray days of winter and welcome spring with activity and hope! You deserve it – it’s been a very tough year. So, here are some ideas to rejuvenate our minds, bodies, and souls:

1. Take a walk. Studies have shown that even 10 minutes of walking each day can help adults maintain strength and agility. We are blessed with many wonderful gifts of nature on every road in our town and we have wonderful nature preserves to explore.

2. Do some spring cleaning. A little spring cleaning can create a healthy and comfortable living environment. Open the windows and let the fresh air in! Hang some artwork, brighten up your lighting, put away the winter clothes, repot your indoor plants.

3. Go fishing. Dust off your rod and reel and head to your favorite fishing spot. Whether you fish for pure enjoyment and simply “catch-and-release,” or try to reel in some keepers for dinner, fishing is an enjoyable, relaxing pastime.

4. Go on a picnic. A little creativity can turn even the most routine activities into adventures. Try turning your next meal into a picnic. Grab a blanket and head to a local park or even your backyard. Bring a book to read in the fresh air.

5. Install a bird feeder. Once the birds start chirping, you know spring has arrived. An abundant food source will help attract these feathered friends to your yard. Buy a bird feeder (or if you’re handy, build one) and install it near a window.

6. Plant a garden- especially colorful flowers. If you like to get your hands dirty, consider planting a garden. Spring is the right time to start cultivating the earth for herbs, vegetables and flowers. Aside from being able to reap what you sow, gardening is a great form of exercise and can reduce stress.

7. Feel like a kid again. Head outside and do the activities you used to love as a kid! Fly a kite, search for four-leaf clovers, blow bubbles, swing as high as you can, dance and sing “like no one is watching!”

8 Take some time to meditate.  Be thankful for all the good things in your life and entrust your burdens to God.

Happy Spring Everyone!!!!

 

Source: Internet and Newsday. 

MEDIAN PRICES & SALES UP - PENDING SALES "DIP"

“Inventory constraints appear to have played a part in pending home sales dwindling in January, 2021, according to the latest report from the National Association of REALTORS® (NAR). NAR's Pending Home Sales Index , a forward-looking indicator of home sales based on contract signings, showed a decline of 2.8% in January,” compared with December, 2020.      Also, mortgage rates have shown signs of trending upward, “in response to movements in the 10-year treasury yield. This will put some upward pressure on mortgage rates, which have been bouncing around historical lows for months now.”               In Southold Town, home sales in February were strong and if the inventory levels increase, the numbers will compare favorably with last year, as we head into the months impacted by the shut downs and initial reactions to the COVID-19 pandemic.  The median sale price for February, 2021 was $785,000 compared to $630,000, a 24.6% increase over last year.      The market continues to be strong, but the low availability of homes for sale, will eventually impact the market as higher prices may reduce demand due to affordability.  We may be reaching that tipping point where “something’s gotta give!”            If you are thinking of selling this year, act sooner rather than later.  Catch the curve while it is still in an upswing, not on the way down.  Call us, we can help and give you a good idea of how your home would fare in this market.  Don’t wait, “she who hesitates…” Source: RISMedia, Pending Home Sales Kick Off 2021 With a 2.8% Dip in January, Jordan Grice.   Don't forget to Celebrate International Women's Day - March 8th