east end: Sold Homes North fork / East end Long Island, June 2009 - 07/01/09 04:21 PM
Authored by: Laurie Mindnich July 1st, 2009
Once again (time flies), it's time for an update on homes sold/homes under contract on the North fork of Long Island for June 2009.  All info is obtained from MLSLI, and while deemed reliable, no guarantees.
Homes Under Contract June 1- June 30, 2009: 43
Median Listing Price: $358,296.00
Leading the pack for contracts was Calverton (9), followed by Riverhead (8) and Southold (7).
Homes Under Contract June 1- June 30, 2008: 44
Median Listing Price: $477,500.00
Homes CLOSED, June 1- June 30, 2009: 31
Median closed price: $385,000.00
Leading the pack for closed … (0 comments)

east end: Homes Closing on the North fork of Long Island, NY - 03/18/09 01:05 PM
Authored by: Options Realty March 18th, 2009

This is an early glimpse of what can be expected in first quarter results, obtained from the MLSLI, on closing activity for properties on the North Fork of Long Island:
2009 vs. 2008
Total homes closed, Jan.01, 2009 through March 17, 2009: 44
Total homes closed, Jan,01, 2008 through March 17, 2008: 60
Median closed price, Jan. 01 2009 through March 17, 2009: $385k
Median closed price, Jan. 01,2008 through March 17, 2008: $435k
Median days on market, 2009:173.5
Median days on market, 2008:120
Median % difference from asking price to closed pricing, … (0 comments)

east end: Short Sale and Foreclosure Home Search on the North Fork and East End of Long Island, NY - 03/15/09 03:37 PM
Authored by: Laurie Mindnich - for Options Realty March 15th, 2009 
It was with relief that a new search feature on the MLSLI (multi list service of Long Island) was discovered- it’s an REO (bank owned) and short sale search.
It’s now possible to sort properties with these buyer parameters, but is also helpful for sellers.
Knowing what’s out there, and being able to access it, is a function needed in  a distressed market, and MLSLI has heeded the call.
Unfortunately, this search feature is not yet available for consumers on the MLS feed, but we’re happy to perform the search, and … (0 comments)

east end: North Fork, East End of Long Island Retirement/Vacation Condos for Sale - 03/06/09 12:44 PM
Authored by: Options Realty March 6th, 2009
When a foot of snow is the sight present at my front door, it occurs to me that owning a property absent certain time consuming tasks might be a great idea. While I have a few more years to go before the leap to a 55 and better, retirement, or active adult community occurs, I’m looking very forward to it.
Absent the element of “retirement”, there are any number of choices for those seeking a low maintenance family condo on the North fork. Below, please find an overview of available condos. All info is … (0 comments)

east end: Selling a Second or Vacation home on the North Fork / East End, Long Island - 02/03/09 09:48 AM
Authored by: Options Realty February 3rd, 2009
With many vacation/second homeowners contemplating the benefits of keeping a property, or selling a home on the east end/North fork of Long Island, we thought that the following article would be of interest. It clarifies changes made on tax/ownership of second homes.
While consulting your own accountant is a given, staying on top of tax changes that impact the sale or rental of second homes for homeowners is worth keeping an eye on.
A provision of the recently enacted Housing Assistance Act of 2008, the bill designed primarily to provide relief to some homeowners facing foreclosure, … (0 comments)

east end: Market Report, East End, Long Island NY - 01/15/09 01:39 PM
Authored by: Options Realty January 15th, 2009
The following press release is a year end (2008) market report for the east end of Long Island (North fork, Hamptons). It was compiled by George R. Simpson, owner of Suffolk Research Services, Inc.
As the oldest research service available in the Hamptons, Suffolk Research Services provides data used by developers and real estate companies. They are located in Hampton Bays, New York.
In addition to market reports, Mr. Simpson offers seller consulting services, and can be reached at: 631-357-9502.

According to George R. Simpson, President of Suffolk Research Service, Inc. the real estate … (0 comments)

east end: East End, Long Island Home Sales- North Fork, NY November - 12/02/08 04:09 AM
Authored by: Options Realty December 2nd, 2008
 
The following report contains information obtained from the MLSLI. The numbers in bold indicate sold pricing vs. listed pricing. While all sales reported are deemed reliable, there is no guarantee of accuracy.
HOMES CLOSED ON THE NORTH FORK OF LONG ISLAND NOVEMBER 2008
Cutchogue, NY: 3
$389,9k, $395k; $624,9k, $593k; $929k, $865k
East Marion, NY: 2
$400k, $346k; $1.399m, $1.265m
Greenport, NY: 1
$429k, $385k
Peconic, NY: 1
$799k, $708k
Riverhead, NY: 3
$259,9k, $175k; $319k, $295k; $363k, $340k
Southold, NY: 2
$599k, $575k; $790k, $700k
HOMES UNDER CONTRACT, NOT CLOSED, ON THE NORTH … (0 comments)

east end: Pre Foreclosure Report East End of Long Island - 10/14/08 11:49 AM
Authored by: Options Realty October 14th, 2008

The following data has been recorded for Lis Pendens filings between September 1, 2008 through October 10, 2008 on the east end of Long Island (North fork and Hamptons, New York):
NORTH FORK, LONG ISLAND LIS PENDENS REPORT:
BAITING HOLLOW, NEW YORK- 1
CALVERTON, NEW YORK- 2
CUTCHOGUE, NEW YORK- 1
LAUREL, NEW YORK- 1
MATTITUCK, NEW YORK- 4
PECONIC, NEW YORK- 1
GREENPORT, NEW YORK- 2
RIVERHEAD, NEW YORK- 6
SOUTHOLD, NEW YORK- 1
TOTAL NORTH FORK, NEW YORK: 19
SOUTH FORK (HAMPTONS) LONG ISLAND LIS PENDENS REPORT:
EAST HAMPTON, NEW YORK- … (0 comments)

east end: Third Quarter Home Sales North Fork, Long Island - 10/02/08 05:13 AM
Authored by: Options Realty October 2nd, 2008
The following report provides all CLOSED properties in selected areas of the North Fork of Long Island from July 1, 2008 through September 30,2008, as reported to the MLSLI.  Asking price is in regular font, closed price is in bold.
This report does not contain condos/mobile home sales.
AQUEBOGUE, NY HOMES CLOSED
Closed: 6
$379k/$350k;  $449k/$435k;  $569,9k/$469,9k;  $599k/$525k;  $699k/$572,9k; $2,499m/$2,180m
Homes currently available for sale in Aquebogue, NY: 72
BAITING HOLLOW, NY HOMES CLOSED
Closed: 6
$409,9k/$390k;  $479,9k/$450k;  $519,9k/$519,9k;  $534,9k/$540k;  $549,9k/$549,9k  $849,9k/$825k
Homes currently available for sale in Baiting Hollow, NY: 57
CALVERTON, NY HOMES CLOSED
… (0 comments)

east end: Lis Pendens Report North Fork and East End of Long Island - 08/31/08 01:42 PM
Authored by: Options Realty August 31st, 2008
If you’re thinking of selling or buying a property on the east end of Long Island, awareness of the undercurrent in distressed properties is provided in order to offer a realistic picture of the prevalence of the pre-foreclosure impact possible.
LIS PENDENS FILED IN AUGUST 2008, EAST END OF LONG ISLAND
TOTAL: 57
East Hampton, NY: 9
Cutchogue, NY: 1
Bridgehampton, NY: 3
East Quogue, NY: 3
Flanders, NY: 4
Calverton, NY: 1
Eastport, NY: 1
Hampton Bays, NY: 5
Sag Harbor: 3
Southampton: 5
Westhampton: 6
Quogue: 2
Southold: 4
Riverhead: 7
Montauk: … (0 comments)

east end: HOMES FOR SALE. HOMES SOLD. NORTH FORK LONG ISLAND. - 08/31/08 12:44 PM
Authored by: Options Realty August 31st, 2008
The following information, obtained from the MLSLI, is provided to offer insight into homes sold during the month of August, 2008, on the North Fork of Long Island (towns included: Riverhead, Jamesport, Aquebogue, Baiting Hollow, Calverton, Laurel, Peconic, Cutchogue, Mattituck, Southold, Greenport, East Marion, Orient, and Orient Point, New York). Pricing below is listed pricing, not contract pricing, unless indicated with *.
AQUEBOGUE, NY Sold: 4 $238,5k, $275k, $379k, $2,499m
BAITING HOLLOW, NY Sold: 2 $549,9k, $549,9k*
CALVERTON, NY Sold: 2 $25k (mobile home), $310k
CUTCHOGUE, NY Sold: 6 $349k, $499,9k, $595k, $799k, … (0 comments)

east end: Numbers on the North Fork - 07/26/08 03:41 PM
Authored by: Options Realty July 26th, 2008
North Fork, Long Island Market Update The following information is offered in order to provide some insight into a disorderly market. With the abundance of news that those of us in the industry follow daily, percentages have become muddled- sometimes, breaking it down and offering the insight without the vague percentages helps to at least get closer in comprehension from one town/village on the North Fork to the next.
The following updates include the towns of Riverhead, Calverton, Baiting Hollow, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, and Orient Point. The … (0 comments)

east end: Pre-Foreclosure Report on the East End of Long Island - 07/17/08 03:32 PM
Authored by: Sean Stark July 17th, 2008
The following figures represent the number of lis pendens filed on the east end, by towns reporting from March 14, 2008 through July 16, 2008, as reported to Options Realty:*
The purpose of sharing this report is to inform both sellers and buyers of the "behind the foreclosure process" potential for properties that might become available in the form of anREO. It is important to note that there are a number of these properties that will not culminate into a home owned by the bank (REO)- some may have been listed and sold; some … (0 comments)