Real LI

Buying and selling real estate in the communities of Long Island

Take the Rich Cribs quiz: What home is priciest?

The breakfast room of this Shelter Island home

(Credit: Sotheby's International Realty / Jake Rajs)

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 three high-end homes on the market. This week she quizzed anchor Stone Grissom on which house of the three commands the highest asking price. Here's the clip, in case you missed it, with a list of the agents representing each of the properties. To see...

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Big investors shun LI homes, says RealtyTrac report

Long Island homes are not attracting much interest

(Credit: Barry Sloan)

Long Island homes are not attracting much interest from the institutional investors that are snapping up thousands of properties in other regions.

In Suffolk County, home purchases by institutional investors -- that is, those buying 10 or more homes in a year -- made up 1.78 percent of the residential real estate market from 2011 through 2013, according to a report released Wednesday by RealtyTrac....

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