St. James Real Estate News
Real Estate news for St. James, NY continually updated from thousands of sources.
Wednesday Jun 15 | 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?
Tuesday Jun 14 | 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?
Wednesday Jun 8 | 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?
May 26, 2016 | via Housing Wire
The Long Island core based statistical area of Nassau County-Suffolk County, New York, could be the country's newest example of the ever-growing housing gap between hot and cold markets, according to Pro Teck Valuation Services' Home Value Forecast. Although pending home sales in April surged to the highest level in over a decade, according to the National Association of Realtors, not all markets are improving, and there is great variability even within markets. Comment?
May 25, 2016 | via Newsday
This house on Shore Drive South in Copiague has waterviews. The photo is from May 18, 2016. Comment?
8 hrs ago | via Inman
New York real estate buyers paid an estimated $155.3 million in excess title insurance premiums and fees in 2015. 182,487 individual real estate transactions totaling $140.2 billion were analyzed in the report, which includes the vast majority of transactions throughout the year. Comment?
Tuesday | via Press & Sun-Bulletin
See 'zombie properties'? Call hotline The state has set up a hotline to report vacant and abandoned properties in neighborhoods. Check out this story on pressconnects.com: http://press.sn/28YwgMz The hotline was announced Tuesday after Gov. Andrew Cuomo last week signed legislation into law that will crack down on so-called "zombie properties." Comment?
Monday Jun 27 | via Housing Wire
While the U.S. Senate could soon consider new rules governing the maintenance of foreclosed homes and the glut of "zombie homes" that blight many communities throughout the country, the state of New York is taking the matter into its own hands. Late last week, New York Gov. Andrew Cuomo signed "sweeping" legislation to reform the state's foreclosure process and address the state's issues with zombie homes. Comment?
Monday Jun 27 | via The Washington Post
America's urban downtowns were neglected for decades, abandoned for newer malls in the suburbs and bigger homes on the edge of town. The construction of new highways helped speed their decline. Comment?
Sunday Jun 26 | via The Fresno Bee
Two of Donald Trump's economic advisers, Lawrence Kudlow and Stephen Moore, have revived an idea about the source of the financial crisis that really should have been put to rest long ago. In a column published and rebroadcast by many politically sympathetic sites, they lay the blame for the credit crisis and Great Recession on the Community Reinvestment Act , a 1977 law designed in part to prevent banks from engaging in a racially discriminatory lending practice known as redlining. Comment?
5 min ago | via My Verona NJ
If you've driven east on Bloomfield Avenue recently, you may have wondered why the apartments going up by Verona Park have Tyvek on all sides but one. The simple answer is that the owner of the insurance business next to the apartments won't let the developer's construction crew on his driveway to install it. Comment?
8 min ago | via Houston Chronicle
This photo taken Oct. 31, 2006, shows the exterior of the BancorpSouth headquarters in Tupelo, Miss. The Department of Justice and the Consumer Financial Protection Bureau fined Mississippi-based BancorpSouth $10.6 million, Wednesday, June 29, 2016, alleging the bank deliberately discriminated against minorities in its lending practices. Comment?
9 min ago | via MacLeans
British Columbia's real estate industry no longer deserves the privilege of self-regulation and will have that authority stripped away, Premier Christy Clark announced after a damning report concluded the sector had lost the public trust. Clark said Wednesday the province will hire a new superintendent of real estate, who will take over the rule-making, oversight and disciplinary powers that have been held by the Real Estate Council of B.C. since 2005. Comment?
15 min ago | via Vail Daily News
The Vail Valley is known for its high-priced real estate. But the real action is at the lower end of the market. Comment?
20 min ago | via National Post
Strange handwritten notes that describe financial ruin and hint at suicide were found outside the house in Mississauga that was obliterated in an explosion on Tuesday, leading police to appeal to the public for any other "documentation" they might find amid the debris. No cause has been determined for the mighty blast that shattered windows in nearby highrises and destroyed several surrounding homes. Comment?
Copyright © 2016 Topix LLC