Buying and selling real estate in the communities of Long Island
BloggersValerie Kellogg Kristin Lavin Taveira Maura McDermott Lisa Doll Bruno
The share of Long Islanders who owe more than their home's value has fallen, a new report shows. In Nassau and Suffolk counties, 42,539 homeowners -- 7.8 percent of those with outstanding mortgages -- were "underwater" on their loans in the July-through-September period, CoreLogic reported Tuesday.
That's down from the third quarter of 2012, when 49,949 of local homeowners -- or...Read more »
This Babylon house, on the market for $825,000, was built on property where the 350-room Argyle Hotel once stood before it was demolished in 1904, history sources say. Local lore has it that remnant material from the hotel was used to build the house.
It was commissioned by a newlywed couple from Spain, hence the Mediterranean flair to the architecture. The house has been added onto twice...Read more »
Long Island's housing market continued to make gains in November, as prices edged up and the number of home sales jumped.
While some of the improvement reflected Sandy's impact a year ago, brokers said the market is showing strength.
In Nassau County, 915 properties were sold last month, a surge of 43.6 percent from November last year, according to a report released Monday by Multiple...Read more »
Sellers. Donna Ambrosait
Address. 11 Orian Pl., Glen Cove
Asking price. $453,000
The basics. A four-bedroom, two-bathroom expanded Cape on a 50-by-100-foot lot
The competition. A four-bedroom, two-bathroom Cape on Doxey Drive is listed for $589,000.
Recent sale in the area. A Cape on nearby Robinson Avenue sold Sept. 23 for $415,000.
Time on...Read more »
Homeowners at risk of foreclosure can get assistance in South Huntington and Freeport this week.
The state Department of Financial Services will send its mobile foreclosure prevention van to the South Huntington Public Library, 145 Pidgeon Hill Rd., on Thursday from 9 a.m. to 5 p.m.
The van will visit Freeport Village Hall, 46 N. Ocean Ave., on Friday from 10 a.m. to 6 p.m.
“Our...Read more »
Newsday's LI Home editor Valerie Kellogg appeared on News 12 Long Island Tuesday night, as she does every Tuesday night around 7:15, to talk about high-end homes. This week she focused on recent big-ticket sales.
Here's the clip, in case you missed it, with a list of the agents representing each of the properties. To see past segments, click here:
WOOLDON MANOR PROPERTY:
Tim Davis...Read more »
A model train layout in the basement of this Cutchogue home, listed for $1.994 million, can stay with the house for the right price.
It sits atop a 10-by-24-foot cabinet. It was installed about 20 years ago for the owner's late husband’s model train collection. “It took a lot of work, a lot of plans to build the train set, but it was his hobby,” says seller Barbara Tyree.
Electric...Read more »
Carson Daly, host of NBC's highly rated music competition show "The Voice," is in contract to buy a $6.499 million home in Manhasset, according to real estate records and people familiar with the deal.
The six-bedroom, five-bath, four-half-bath brick Colonial is on 1.3 acres with an in-ground pool, pool house and bluestone patio, according to the listing with Marybeth Avallone of...Read more »
A 2-acre oceanfront property on exclusive Meadow Lane in Southampton sold Thursday for $23 million, according to the website of the real estate firm with the listing.
There is an 8,000-square-foot house on the land, which is located between the Atlantic Ocean and Coopers Neck Pond. Built in 1930, the house has nine bedrooms, 10 bathrooms, two half-baths and "room for pool."
"The...Read more »
A 21.9-acre peninsula on Asharoken's Duck Island recently sold for $7 million, according to real estate records.
The last asking price for the property was $8 million. It first came on the market in 2011 for $12 million.
The buyer was John Rittenhouse, a London resident who runs EDF Trading. The Asharoken native's father is a former village police commissioner; his mother sat on the...Read more »