Real Estate Transfers during the period of Mar. 1 to 15, 2015. Fishers Island 06390 J. Spofford & C. Hall to W. & J. Hall III, Montauk Ave., One Family Year-Round Residence, .69 Ac., $600,000; on Mar. 12, 2015. Wading River 11792 R. Laine by Exr. to C. Burns, 34 Howard St. One Family Year-Round Residence, .45 Ac., $250,000; on Mar. 4, 2015. Riverhead … [Read more...] about Latest real estate transfers
Real Estate
Vacation home sales soar, investment purchases fall
Vacation home sales boomed in 2014 to above their most recent peak level in 2006, while investment purchases fell for the fourth straight year, according to an annual survey of residential homebuyers released today by the National Association of Realtors. NAR’s 2015 Investment and Vacation Home Buyers Survey,* covering existing- and new-home transactions in 2014, shows … [Read more...] about Vacation home sales soar, investment purchases fall
Latest real estate transfers
Real Estate Transfers during the period of Feb. 1 to 28, 2015. Fishers Island 06390 K. Sturgis & R. Trust to D. & J. Harris Trust, Off East End Road, One Family Year-Round Residence, 3.17 Ac., $2,800,000; on Feb. 11, 2015. Wading River 11792 Fannie Mae to A. Schembri, 9 Leonard St., One Family Year-Round Residence, .33 Ac., $270,000; on Feb. 3, 2015. C. … [Read more...] about Latest real estate transfers
Existing home sales slightly improve in February
Existing-home sales increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors. Total existing-home sales[1], which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.2 percent to a seasonally adjusted annual rate of … [Read more...] about Existing home sales slightly improve in February
With interest rates holding steady for now, time is right to buy or refinance
With federal regulators deciding this week to hold off again on any interest rate hike, homeowners and home buyers still have an opportunity to take advantage of record-low mortgage rates. "It's a great time to refinance," said Jim Whitehouse, executive vice president of Suffolk County National Bank. "The bond market took off [after Wednesday’s rate announcement] so the … [Read more...] about With interest rates holding steady for now, time is right to buy or refinance