$ 72 Million In The Hamptons, Estate of the Day Luxist (blog) Newsday’s Real LI column reveals that one 2.7-acre parcel has a five-bedroom home with a pool and 432 feet of frontage on Wainscott Pond with views of the … …………… Difficult times hit high-end hospitality in the Hamptons New York Post By JENNIFER [...]
It’s reported that the $ 50M Corzine to Tepper deal in Sagaponack is becoming completed sans broker. I can hear the “Aw, shucks” (or some thing comparable) becoming exclaimed at each bar and pilates class on the East End, not that I have been to either during this wicked allergy season. So, how a lot [...]
The Hamptons are one of the last hold-outs in the US for instituting a marketwide Numerous Listing Service (MLS) for the purpose of sharing and marketing listings. In recent years, MLS systems nationwide have not only been employed for sharing listings among brokers, but the actual estate business itself, by way of Realtor.com and several [...]
It seems that 1 of the challenges brought to bear by utilizing the Market Value Tax Assessment method, rather of those complicated numbers and formulas that only the assessor can realize, is that when you need to have to increase taxes and you can’t enhance the tax rate, then what do you do? Of course, [...]
Hamptons/North Fork Q2 2010 http://www.millersamuel.com/reports/pdf-reports/HNF2Q10.pdf The millersamuel.com/reports page on our corporate internet site provides far more information on the reports we prepare as properly as their methodologies. You can download the reports on that page or on the report icon below Hamptons Real Estate Blog
I 1st spoke with Oshrat about this piece in April. Because then several articles about how “The Hamptons Are Back” have surfaced since sales are up from the dismal 2009 levels. Maintain in mind that sales, in 2009, were down a whopping 75% from 2007 levels, which was the peak of the market coming out [...]
A lot of have been trying to put on the finest face possible about Hamptons Real Estate for the past couple of years “Oh, it’s a little slow, but it will come back” or ” I’m busy, aren’t you?”…yeah, proper. Certain, a handful of agents have accomplished nicely to ok in the course of this [...]
One of the things that keeps values down in Springs is the high taxes and now they are finding thumped once again…they just can’t win. Shouldn’t the Board of Ed try to figure out how to level the taxes between the districts that share the exact same resources? A Surprise Tax Enhance For Springs [...]
Just spoke to Mortgage Banker, Gregory Frank from Blackstone Mortgage Corp. on LI. He says the Jumbo marketplace is freeing up nicely with Stated Income Loans up to $ 3Mil in the 4% range. “Jumbo money is awesome appropriate now”, say Frank. It’s available for main or secondary houses, not investment houses. You have to [...]
By MARYANN HAGGERTY Published: April 28, 2011 IT may be easier if you just paid money for that vacation home. There is loan income offered for second-residence purchases, but anticipate larger down payments, greater interest rates and other standards tighter than on a principal residence — and those standards are tight already. In addition, there [...]