Islandia Real Estate News
Real Estate news for Islandia, NY continually updated from thousands of sources.
Thursday Jul 21 | via Long Island Business News
While home sales in the Hamptons slowed in the second quarter, sales for the rest of Long Island soared, according to a new report. The study from Douglas Elliman Real Estate and Manhattan-based appraisal firm Miller Samuel shows that Nassau and Suffolk counties had the highest number of second quarter home sales in more than a decade, rising 20.8 percent from a year ago. Comment?
Thursday Jul 21 | via LongIsland.com
Signature Premier Properties held a ribbon cutting ceremony to celebrate the grand opening of its eighth branch in a brand new building in East Northport. Front row, center, left with scissors: Debi Power, Signature East Northport branch manager; front, center, right and holding the ribbon: Huntington Town Councilwoman Susan Berland and Suffolk County Leg. Comment?
Jun 15, 2016 | via Newsday
Zombie homes are a scourge on Long Island and across the state. Legislation that would attack the problem is creeping closer to passage in the final throes of the legislative session in Albany, despite opposition from banks that would be required to maintain abandoned properties that are in foreclosure. Comment?
Jun 14, 2016 | via Newsday
Multiple Listing Service of Long Island says brisk sales and a small pool of available homes helped boost Long Island housing prices. Photo Credit: Barry Sloan Multiple Listing Service of Long Island says brisk sales and a small pool of available homes helped boost Long Island housing prices. Comment?
Jun 8, 2016 | via Long Island Business News
Promoted earlier this year, Toni Ajello works in the Medford branch of Suffolk Federal Credit Union as director of mortgage lending. Ajello is responsible for overseeing all mortgage originations, processing and underwriting. Comment?
5 hrs ago | via Drudge Retort
For some New Yorkers who have been priced out of New York City's real estate game, pooling resources with friends and siblings has become the quickest path to homeownership. For Laurie Savage, a writer and restaurant server, and her husband, Garette Henson, a filmmaker, both 36, the arrival of their son, Fox Henson, almost 2, sparked the idea of buying real estate with a friend. Comment?
Yesterday | via The Real Deal
Gary Barnett's Extell Development is close to securing a $600 million senior construction loan for One Manhattan Square, following a struggle that led to delays in closing mezzanine financing for the 80-story condominium project. A consortium of lenders led by Deutsche Bank and AIG is providing the loan for the Lower East Side project. Comment?
Yesterday | via Business Wire
It is currently estimated that this distribution is derived fr... )--Winola Lake Health IT, leading provider of healthcare IT and point of care technology solutions, will officially debut its SmartSupply Health Solution at AHRMM16 ... )--Research and Markets has announced the addition of the "Egypt Crude Oil Refinery Outlook to 2021" report to their offering. Comment?
Yesterday | via Reuters
Link to Fitch Ratings' Report: Global Criteria for Lenders' Mortgage Insurance in RMBS here LONDON/NEW YORK/SYDNEY, July 28 Fitch Ratings' updated global criteria for lenders' mortgage insurance in residential mortgage-backed security transactions contains minor changes to the rating framework but will not affect the ratings of existing transactions. The revised criteria continues to give credit to LMI within RMBS transactions on the basis of the LMI provider's ability to pay claims. Comment?
Thursday | via Curbed
Oh, Magic 8-Ball, will we ever again report positive news for Los Angeles homebuyers or are we doomed to consistently break the hearts of young, potential homeowners looking to stake their claim in the City of Angels? In an analysis of the 100 largest metropolitan areas in the country, Bloomberg News found that LA is among the top five least affordable places to buy a home for people between the ages of ages 25 and 44. Yeesh. By calculating the average wage in each city, and comparing it to the average yearly mortgage in that same town, Bloomberg found that six U.S. cities had a significant gap in what people made versus the minimum salary needed to pay for a single family home. Comment?
13 min ago | via Daily Political
American Capital Mortgage Investment Corp. 's share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $16.50 and last traded at $16.45, with a volume of 539,297 shares. Comment?
37 min ago | via The Gazette
In 2015, the median size of a new single-family house was 2,467 square feet, the biggest on record, according to Census Bureau data released in June. Yet in recent years, Americans have become increasingly infatuated with tiny home living. Comment?
1 hr ago | via Albany Times Union
Checking accounts aren't typically a trendy topic at backyard barbecues. But banks are building more buzz this summer by offering everything from $100 gift cards for NBA merchandise to $400 cash bonuses for opening new checking accounts. Comment?
1 hr ago | via Daily Political
BlackRock Institutional Trust Company N.A. increased its stake in shares of Capstead Mortgage Corp. by 0.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,351,044 shares of the real estate investment trust's stock after buying an additional 11,782 shares during the period. Comment?
1 hr ago | via Albany Times Union
Kyle Valderrama joined as a fund team accountant. Valderrama previously served as a mortgage closing specialist at Kelly Services Inc. Cassidy Clavet joined as a business development analyst. Comment?
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