PropertyShark BlogCenter

PropertyShark is proud to announce that we have surpassed 500,000 registered users! Registered users include active real estate professionals, investors and home buyers that have made an account on PropertyShark.com.

Hundreds of thousands of additional anonymous site visitors also use the free and open areas of PropertyShark.com such as the For Sale Listings (http://propertyshark.com/mason/Real-Estate-Listings).

Site visitors can view detailed property reports for almost every residential or commercial property, scan recent sales comparables of similar properties to determine market values, browse nearby for sale and foreclosure listings, and much more.

In August, PropertyShark.com was named to the TIME.com “Top 50 Websites of 2009″

There were 454 new foreclosures in Suffolk County in Q3 2009, up 103% from Q3 2008, but down 8% from Q2 2009.  Only 5% of the total number of foreclosures were located in the Hamptons.  See the interactive Suffolk County foreclosure map below.

Brookhaven (148) and Islip (126) had the highest number of new foreclosures in Q3 2009. Babylon had the highest rate of foreclosures per household (one in every 596 homes scheduled for auction).

Manhattan is well known for its variety of neighborhoods, each with a distinctive offering for any apartment shopper.

To make life easier for apartment buyers browsing our site, we have created a set of Manhattan neighborhood pages. Each page contains useful links to school, subway, and crime maps, stats and an interactive map on closed sales as well as a neighborhood apartments for sale form and property search.

Click on the links below to visit some of the neighborhood pages:

• Upper East Side
• Upper West Side
• Tribeca
• Hell’s Kitchen
• SoHo

There currently are 67 homes listed for sale in Orange County with an asking price of $10 million or more.
Here are some examples:

215 Evening Canyon Road, Corona Del Mar
5 Beds
7 Baths
6,278 Sqft
Price: $13,985,000

21 High Water, Newport Coast
5 Beds
7 Baths
8,500 Sqft
Price: $12,500,000

People can now browse our current Orange County Residential For Sale Listings here.

We took a look to see which properties had the largest listing price cuts in Los Angeles during the past week. Here are the top three.

Browse current homes for sale in Los Angeles County.

We’ve recently launched a forum called SharkTalk for people to discuss different topics related to the real estate market. It’s a free service to view and post.

Read the latest discussion and state your opinion at http://www.propertyshark.com/SharkTalk/

Here are the top five properties with the largest percentage price drop last week from their original listing price:

View current Hampton’s for sale listings at http://www.propertyshark.com/hamptons_homes_for_sale.

We looked at some specific Manhattan neighborhoods and examined the median price for the coops/condos that are currently listed for sale considering the number of bedrooms.  Here is what we’ve found for Harlem, Upper East Side and Upper West Side:

You can browse current Manhattan for sale listings at http://www.propertyshark.com/mason/RFS/?lcl=nyc

A rarely seen foreclosure auction has just been scheduled for October 7th on a Manhattan townhouse located at 221 East 31st street.

Lis pendens were filed in November of 2008 and January of 2009, and then the property was listed for sale by Massey Knakal in February, and then again by Corcoran in August for $4,195,000.

The lien is $692,400.

We just added a new interactive map showing crime levels throughout NYC for the first 9 months of 2009.
The crime map allows users to go down to the highest zoom level and find stats for the precinct for any building for all of 2008 as well as 2009 to date.
Users can also search any NYC property and view the crime stats for the corresponding precinct. Click the map below to see the fully interactive crime map.