Real LI

Buying and selling real estate in the communities of Long Island

Foreclosure rate remains high on Long Island

New York State posted the third highest foreclosure

(Credit: AP)

Though foreclosures are falling nationwide, Long Island remains a hotbed for distressed properties. Nassau and Suffolk counties combined for the third highest percentage of foreclosed homes in any major metropolitan market outside of Florida, according to a report released Tuesday by analytics firm CoreLogic.

The report found that 6.5 percent of all mortgaged homes on Long Island were in some...

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Historic Roslyn home was once a stable

This cottage in Roslyn, now on the market

(Credit: Handout)

A bit of historic Roslyn -- once known as the circa 1870 Eastman Hicks-Marino stable -- is on the market.

Today it is a renovated, updated cottage. The living room has a cathedral ceiling, wood-burning fireplace and wide wood-plank floors that continue through the formal dining room and the farm-style kitchen.

A leftover from its former life as a stable is the hayloft opening atop the...

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Actress Joan Roberts' Rockville Centre home for sale

This Rockville Centre home on the market for

(Credit: Handout)

The Rockville Centre home where celebrated stage actress Joan Roberts lived is on the market for $1.299 million.

Roberts, who died last year at the age of 95, starred in the original Broadway production of “Oklahoma!” She is credited with creating the role of Laurey.

The center hall Colonial is in the Old Canterbury section of Rockville Centre, where Roberts lived for many years. It’s...

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Rich Cribs: Quogue beach house with unusual fireplace

This home on Roxen Road in Quogue has

(Credit: Handout)

This Quogue home, on the market for $7.225 million, features a fireplace made of coral.

The open floor plan, soaring ceilings and many windows complement the ocean views throughout the house. Outside, there is a gunite pool on the deck, as well as an outdoor kitchen with a barbecue, sink and small refrigerator. Just past the deck is a private walkway to the beach.

Victoria Reynolds of...

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Blame for weak sales quarter of Hampton homes goes beyond Sandy

The rush to close transactions in the fourth

(Credit: iStock)

It turns out Sandy isn’t the only scapegoat for a rough first quarter for the Hamptons housing market. Two reports released today both indicate that a rush to close transactions before capital gains taxes were slated to rise after 2012 wreaked havoc on the first quarter housing market, especially at the high-end.

Real estate brokerage firm Brown Harris Stevens reported a 13 percent annual...

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News 12 clip: Inside a Quogue beachhouse, and more

This Quogue home is on the market for

(Credit: Handout)

Newsday's LI Home editor Valerie Kellogg appeared on News 12 Long Island Tuesday, as she does every Tuesday around 7:15 p.m., to talk about three high-end homes on the market. Here's the clip, in case you missed it, with a list below of the agents representing each of the properties. To see past segments, click here.

QUOGUE HOUSE:

Victoria Reynolds, Norma Reynolds Realty, 631-288-1050

NISSEQUOGUE...

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Former Met Carlos Beltran slashes Sands Point home's price

The Long Island home of former Met, Carlos

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Former Met Carlos Beltran is back up at bat in the game to sell his gated Sands Point mansion with a $305,000 price reduction.

Beltran, who is now a St. Louis Cardinals outfielder, has relisted the 7,500-square-foot Hamptons-style house for $5.495 million. It is also being marketed by a new agency, Douglas Elliman Real Estate.

The house first came on the market in February 2012 for $5.8...

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Sandy interrupts Hamptons housing market rally, report finds

This East Hampton home was on the market

(Credit: MLSLI)

The Hamptons housing market declined by nearly every statistical measure in the first quarter of 2013, according to a report released Monday by East End brokerage Town and Country Real Estate.

Despite signs of a rising housing market nationally and an uptick in Hamptons home sales in each of the previous five quarters, the poor performance shouldn't come as much of a surprise. Sales...

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See Centre Island house at twilight

A wine and cheese reception from 4 to

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House hunters, if Centre Island has been on your radar, grab your significant other and check out the twilight open house wine and cheese reception at 117 Centre Island Rd. The May 8 event, from 4 to 7 p.m., is not only an opportunity to view this 5,500-square-foot home listed for $2.495 million, but a chance to check out the homeowner's artwork, which will be on display.

Although the house...

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Old World elegance restored in Brightwaters

On the market for $949,000, this five-bedroom, 3.5-bath

(Credit: Handout)

On the market for $949,000, this five-bedroom, 3½-bath Brightwaters house was restored by the owner according to the original property plans, which date to the early 1900s, says listing agent Margaret Smith of Meg Smith and Associates.

The white stucco finishing on the exterior and the woodwork are reminiscent of an older time.

Gargoyles also overlook and guard the property, which is...

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