Huntington Station Real Estate News
Real Estate news for Huntington Station, NY continually updated from thousands of sources.
Wednesday Feb 15 | via Curbed
As more people purchase homes on Long Island, the supply of available homes is depleting, making prices rise. For January, there were reportedly 22 percent less home available than the same time last year. Comment?
Friday Feb 10 | via Long Island Business News
The priciest Suffolk condo sold in January was a 4-bedroom, 3-bath condo at 105 Madeira Blvd. in the Greens in Melville that sold for $1.25 million. It was listed by Rene Cantos and Adam Sauer of Douglas Elliman Real Estate and sold by John Messina of Shawn Elliott Luxury Homes. Comment?
Wednesday Feb 8 | via Shelter Island Reporter
Councilman Paul Shepherd characterized it as the "the elephant in the room." Supervisor Jim Dougherty called it "the main event " of Tuesday's Town Board work session. Comment?
Jan 25, 2017 | via New Jersey Herald
Authorities say two people from Long Island have pleaded guilty to scamming more than $1 million in fraudulent loans from a western New York mortgage company. The U.S. Attorney's Office in Rochester says 42-year-old Angelo Louissant and 41-year-old Jennifer Johnson, both of West Babylon in Suffolk County, pleaded guilty Tuesday to conspiracy to commit mail and wire fraud. Comment?
Jan 9, 2017 | via Long Island Business News
There were 2,019 homes contracted for sale in Nassau and Suffolk counties last month, down 10.7 percent from 2,259 pending sales in November and a 2.4 percent decline from Dec. 2015, according to preliminary numbers from an online real estate database. The biggest year-over-year drop in pending home sales was in Nassau, where 901 homes were contracted for sale last month, down 5.8 percent from the 956 pending sales recorded in Dec. 2015. Comment?
5 hrs ago | via The Real Deal
It'd be one thing if U.S. banks were merely done with the likes of ultra-pricey projects dotting Billionaires' Row. In 2013 and 2014, developers fell over themselves trying to cater to the captains of the universe, and banks were only too happy to enable them. Comment?
Thursday Feb 23 | via The Real Deal
Nearly a year after launching a pilot program designed to unmask hidden buyers of luxury real estate, the Treasury Department extended the regulation on Thursday in a continued effort to crack down on money laundering. Taking on critics who say its geographic targeting order [GTO] has gaping loopholes, Treasury officials said 30 percent of transactions covered by the order in the past year involved someone who was ultimately linked to suspicious financial activity. Comment?
Tuesday Feb 21 | via The Washington Post
Hedge funds largely failed in their legal challenge to the U.S. government's capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac after their bailout, sending shares of the mortgage guarantors plunging. Perry Capital LLC , the Fairholme Funds and other big investors lost a bid to overturn a judge's ruling that said they can't sue the government over the dividend change. Comment?
Saturday Feb 18 | via GuruFocus.com
The U.S. housing market rallied in 2016 as house prices and lending continued to grow with mortgage rates remaining low for the larger part of the year. The U.S. federal reserve has signaled the possibility of another rate hike but the longer it took to increase interest rates, the more uncertainty brewed in the market, keeping mortgage rates low. Comment?
Friday Feb 17 | via The Washington Post
Jared Kushner relinquished control of his family's multibillion-dollar real-estate business in January to eliminate conflicts of interest when he became a top White House adviser to his father-in-law, President Donald Trump. Kushner Cos . Comment?
10 min ago | via Scoop
Wall Street seesawed, with the Dow and S&P 500 touching record highs earlier in the session, as investors geared up for US President Donald Trump's address to Congress on Tuesday, which might offer more details on tax promises that have lifted equities. "We're going to start spending on infrastructure big," Trump told a group of governors at the White House on Monday. Comment?
12 min ago | via The Washington Post
If some American banks are too big to fail, others have begun to feel they're too small to succeed. Just ask Joey Root, the president of First Liberty Bank in Oklahoma City with $310 million in assets. 1 comment
12 min ago | via Inman News
Real estate photography company PlanOmatic has announced it will assign copyright and ownership of listing photos to its broker clients. The new policy is meant to allow brokers to use listing photos as they see fit without worrying about legal ramifications. Comment?
28 min ago | via Inman Real Estate News
How to create a full social media strategy with "pillar content" and more tips that agents and brokers can implement today -- all given in five minutes -- from industry media maven Katie Lance.... Comment?
28 min ago | via Inman Real Estate News
A new Bankrate survey suggests consumer are more bullish that sales justify. Similar research by NAR and Fannie Mae confirm that the dream of homeownership remains alive and well among Americans in general and non-owners in particular. Comment?
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