Real Estate Transfers during the period of Nov. 1 to 15, 2015. Fishers Island 06390 B. Gorham Trust to C. & K. Cashel, 162 Lower Shingle Hill Road, One Family Year-Round Residence, .21 Ac., $800,000; on Nov. 11, 2015. J. Hamilton to J. & B. Soper, Private Road, One Family Year-Round Residence, 1.22 Ac., $1,250,000; on Nov. 9, 2015. Wading River … [Read more...] about Latest real estate transfers
Real Estate
Appraised values remain slightly lower than homeowner expectations
Quicken Loans, the nation's second largest retail mortgage lender, today announced the average appraisal in November was 1.87 percent lower than the value the homeowner expected, according to the company's national Home Price Perception Index (HPPI). The difference between the values was slightly higher in October, making November the third consecutive month the gap between … [Read more...] about Appraised values remain slightly lower than homeowner expectations
Latest real estate transfers
Real Estate Transfers during the period of Oct. 15 to 31, 2015. Fishers Island 06390 Hanau III & Smith Hanau to A. & S. Scoville, Off Mansion House Drive, One Family Year-Round Residence, .3 Ac., $640,000; on Oct. 20, 2015. R. Planitzer to K. & R. Hanau III, Ocen View Ave., One Family Year-Round Residence, 2.33 Ac., $2,500,000; on Oct. 27, 2015. E. … [Read more...] about Latest real estate transfers
Down payments posing a roadblock for renters to become owners
Paying for a mortgage is still more affordable than renting in the U.S., but saving enough money for a down payment has become increasingly difficult for first-time buyers, especially in markets where home values are rising rapidly. With the majority of renters in the largest metros putting about 30 percent of their monthly income toward a rental payment, saving money for a … [Read more...] about Down payments posing a roadblock for renters to become owners
Latest real estate transfers
Real Estate Transfers during the period of Oct. 1 to 15, 2015. Fishers Island 06390 T. McCall to D. Crary, Oceanview Avenue, Residential Vacant Land, 3.25 Ac., $375,000; on Oct. 15, 2015. Wading River 11792 Campo Brothers to A. & R. Seferian, 78 Calverton Court, One Family Year-Round Residence, .89 Ac., $700,000; on Oct. 1, 2015. S. McMullan to County of … [Read more...] about Latest real estate transfers