Trends Impacting the Long Island Housing Market in 2021

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In many ways, the residential real estate market in Long Island, New York, mirrors house buying trends nationwide. While open houses were paused in early 2020 due to the public health crisis, the market rebounded tremendously. Limited inventory, historically low interest rates, and the entrance of millions of millennials into the home buying market have caused home prices to rise.

When New York State lifted the ban on property visits during the summer of 2020, pent-up demand contributed to a seller’s market on Long Island. Stay-at-home orders encouraged many people living in small, expensive apartments to search for more spacious single-family homes. Families needed extra space for working at home and homeschooling their children. The desire for outdoor space also drove many New Yorkers to the suburbs. At the same time, many Long Island sellers removed their homes from the market because of economic uncertainties.

Listings in the New York City suburb of Long Island fell by a third in the wake of the pandemic. Real estate experts attribute this drop to the fears of older homeowners who do not want to downsize or remove the equity from their homes during a financial downturn.

Further, those who want to stay in Long Island worry they will not be able to secure a new property. Some experts recommend taking a short-term lease, such as an Airbnb, before reentering the real estate market. Since prices are so high, buying in this market would eat into a home seller’s profit.

The combination of increased demand and low inventory has resulted in bidding wars for available properties. Many counties saw record-breaking figures for median home prices and sales.

For example, in December 2020, median home prices in Nassau County reached an all-time high of more than $600,000, a figure that has dropped slightly since the first quarter of 2021. Between February 2020 and February 2021, median home prices in Suffolk County jumped by more than $70,000. While home sales have slowed since the high point in December 2020, sales are still much higher than before the pandemic.

Less than 1 percent of Long Island homes sold for under the listing price. Anecdotally, some agents have witnessed dozens of offers on a single property and bidding wars that pushed the sales price more than 30 percent above asking.

In addition, competition between buyers has led to sweetened deals for sellers. Some buyers are agreeing to cover all closing costs or moving expenses. Year-over-year, the average sales price of a detached home on Long Island increased by more than 15 percent. While homes spend a little more than a month on the market on average, well-located properties sell in a few days.

The housing crunch has led to the rise of another trend – buyers are turning to new-built homes due to the dearth of older homes. However, land is also in short supply on Long Island, and the high cost of construction makes this option unattainable for many buyers. However, the conditions are ideal for builders and may spur a construction boom.

The Children’s Rights Council Mediation Program

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An award-winning attorney, Marc Rovner of East Rockaway, New York, serves as director of business development and general counsel at BETA Abstract LLC. Outside of supervising the firm’s legal department, attorney Marc Rovner supports a number of charities, including the Children’s Rights Council.

Incorporated in 1985, the Children’s Rights Council works to ensure that children enjoy meaningful relationships with their parents, no matter their parents’ marital status. In addition to facilitating positive interactions between children and their parents, the organization advocates for custody reform and administers a mediation program.

CRC’s mediation program can be either a court-ordered or a voluntary process, initiated by one or both parents and guided by a neutral third party. The mediator oversees the discussion and negotiation process to provide clarity and reach a consensus that is beneficial for the child or children involved. Although not involved in decision making, the mediator can suggest solutions and help both parties ease their concerns.

Following mediation, the mediator also helps both parties in finalizing the written agreement.

A Look at the Martindale-Hubbell Marketing Network

Marc Rovner, an accomplished attorney and graduate of the Boston University School of Law, is a lifelong New York Giants fan and season ticket holder. A resident of East Rockaway, Marc Rovner works professionally as a Continuing Legal Education instructor, in addition to service as general counsel and director of business development at BETA Abstract in Oceanside.

Martindale martketing network

Over the course of his career, Mr. Rovner has claimed a number of awards through the Martindale-Hubbell legal network. These include the 2017 and 2018 Client Champion Silver Distinction Award in addition to other awards in 2015 and 2016 from other online legal resources within the Martindale-Hubbell network, which attracts more than 23 million visitors on a monthly basis. The network includes the following resources:

*Martindale-Hubbell – This resource has connected clients with attorneys since its founding in 1868 and has built more than 40,000 attorney websites to date.

*Lawyers.Com – A brand that helps clients identify top-quality attorneys via online profiles of individual lawyers and law firms. In addition, Lawyers.com provides a wide range of educational resources and content.

*Avvo – Another resource dedicated to connecting clients with attorneys, Avvo provides an attorney directory on top of profiles, reviews, ratings, an online forum, and other resources.

*Martindale-Nolo – A lead-generation service that draws on an extensive legal marketing network that includes DisabilitySecrets.com, Nolo.com, and AllLaw.com, among others.

*Martindale-Ngage – A support-focused resource that provides around-the-clock chat service for clients visiting law firms’ websites or Lawyer.com attorney profiles.

Business Development Tips for Title Insurance Companies

Attorney Marc Rovner of East Rockaway, New York, is the general counsel and director of business development at BETA Abstract LLC, a title insurance company headquartered in Oceanside. Marc Rovner has been a senior staff attorney for BETA Abstract for more than two decades. His responsibilities include managing and integrating business development in five offices and three states.

Title insurance companies require the expertise of business development representatives to implement winning strategies that will boost insurance sales.

One of these evergreen strategies is establishing an online presence. In this generation of widespread digitization and internet usage, title insurance companies cannot afford to neglect the importance of having a user-friendly website or mobile app that communicates their values and services to clients. Potential customers are increasingly relying on their internet-enabled devices to do almost everything from shopping for clothes and accessories to renting homes.

Social media and search engine optimization are also vital to improving outreach efforts. Title insurance providers should create educational and fun content around their services and promote that content widely.

How Residential Title Insurance Indemnifies Against Risk

Marc Rovner is an East Rockaway, New York-based attorney who works with BETA Abstract LLC, where he informs legal operations at the title insurance business. Among Marc Rovner’s activities in the East Rockaway area is providing continuing legal education in the area of title insurance and real estate law. Attorney Marc Rovner was also recently awarded the 2019 Martindale-Hubbel Client Champion Award for the fifth consecutive year.

As described by the National Association of Insurance Commissioners, title insurance is a type of indemnity policy that offers mortgage lenders and home buyers with protection in case unknown defects arise in the property title, during or after a real estate transaction closing. This backward focus is unlike standard policies that look toward future events, such as life or home insurance.

Issues protected against by title insurance include things like outstanding liens and unpaid taxes associated with a prior owner of the property. Another area of protection is encumbrances such as fraud, forgery, omissions in deeds, and record mistakes that can present a challenge to the right of ownership for the new owner.

The complexities inherent in property ownership, over periods extending decades, means that nearly every lender requires that any home buyer taking out a mortgage must purchase a title insurance policy. This policy covers an amount equivalent to the loan and indemnifies both the buyer and lender against risk.

How to Eat like a Native in Barcelona

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Barcelona
Image: whatbarcelona.com

A native of East Rockaway, New York and a magna cum laude graduate from Boston University, attorney Marc Rovner serves as general counsel and director of business development for BETA Abstract LLC. In his free time, Marc Rovner enjoys traveling, and claims Barcelona as his favorite city.

Food and meals play an important role in Barcelona social life. As a result, the city offers delicious, enticing cuisine to visitors. To eat like a native, start with a light continental breakfast, usually found in bars. Most residents drink café con leche or a cortado as well as a croissant or other breakfast roll.

Lunch is the most important meal of the day and tends to include three to four courses, beginning with soup or salad, followed by a meat dish, and topped off with a light dessert of fruit, yogurt, or crema catalana. Lunch is always served with bread and wine and between the hours of 1:30 to 4. Finally, dinner tends to be lighter fare, with many indulging in tapas. One famous snack is pa amb tomaquet, bread rubbed with olive oil and tomato and served with cheese and cold cuts. Most Catalonians eat around 10 at night but restaurants are opened earlier.

Be warned: many restaurants are closed on Sundays and Mondays. Also, visitors looking to get authentic cuisine should avoid places in La Rambla.

The Ronald McDonald Care Mobile Program

East Rockaway, New York, real estate and title law attorney Marc Rovner is highly involved with charitable organizations operating in his area. In addition to donating attorney services to families undergoing divorce and volunteering at the Puppy Love Pet Rescue, Marc Rovner supports the work of the Ronald McDonald House Charities (RMHC).

The RMHC are best known for their flagship program, which provides free accommodation to the families of children receiving treatment at pediatric hospitals. The RMHC has also established a mobile health program that improves health care access to children and youth in underserved communities in the US and several other countries.

The program is delivered in collaboration with local health providers, community organizations, and medical and dental schools. Patients up to 21 years old can receive routine check-ups, dental care, diagnostics, and essential screenings. Many of the RMHC mobile clinics are also staffed with social workers who can carry out mental health assessments. To increase affordability for families, the program accepts Medicare and prices its services on a sliding scale.

The Title Search Process In New York

Attorney Marc Rovner serves as the director of business development and general counsel for the title insurance firm of Beta Abstract LLC, which operates near East Rockaway, New York. In this role, Marc Rovner oversees attorneys at offices in six locations throughout New York, New Jersey, Florida and Connecticut soon!


BETA Abstract provides all types of title-related services, such as title insurance. Insurance is essential to protect property buyers against any issues not discovered in a title search. Title searches are performed before a real estate transfer is finalized. In a search, an attorney or other professionals look through public records to determine if any problems can stop the sale of property.


Title searches can uncover problems such as unpaid liens, additional owners, and fraudulent paperwork. Prospective buyers may also discover land-use restrictions that can impact their plans for the property. Performing a title search before completing the real estate transaction allows buyers to reconsider their offer if they feel it is necessary.

Overall Handy Tips to Execute Claims Prevention in the Insurance Industry

As the director of business development at BETA Abstract, LLC, in Oceanside, attorney Marc Rovner manages and integrates business development activities for the title insurance company in five offices. He has also served as general counsel at the firm since 1998. An attorney from East Rockaway in New York, Marc Rovner has been recognized for his accomplishments in the area of claims prevention.

Claims prevention hinges on the identification of potential claims situations and subsequently preventing them. The practice optimizes operating costs and reduces critical losses; below are some pointers to robust claims prevention execution.

Having a Distinct ManagementSystem: It is important to understand the dynamics of an organization’s workforce. Identifying the management cycle from planning through supervision and review enables higher visibility for likely claims events.


Running Consistent Risk Evaluations: A combination of scientific and statistical approaches could help determine vulnerable spots. The organization can research the possible risk factors and document its findings to draw up actionable plans. Regular reviews would highlight progress and make provisions for changes in operations.

The Children’s Rights Council’s Safe Haven Centers

Attorney Marc Rovner of East Rockaway, New York, serves as general counsel and director of business development at the title insurance company BETA Abstract, LLC, where he oversees business development in New York, New Jersey, and Florida. A supporter of the Children’s Rights Council (CRC), East Rockaway attorney Marc Rovner earned the CRC Man of the Year Award in 2004.

CRC was founded in 1985 to protect the best interests of children and ensure they have fair access to both parents regardless of marital status. It accomplishes this goal via advocacy and its three Maryland-based access centers, where parents can facilitate the peaceful transfer of custody and conduct supervised visitation meetings if necessary. These access centers are known as Safe Haven Centers, and are operated in partnership with the Prince George’s County Circuit Court.

Supervised visits as long as four hours are offered at Safe Haven Centers every Saturday, and times are generally determined by judges. All parents visiting their children at these centers must review and follow the rules and guidelines, the most important of which is that no child shall be left alone. Moreover, parents and others approved by the courts are the only ones permitted at Safe Haven Centers.