Bank Takes Back Two Properties in Exclusive New York Suburbs

It appears that Eastern Savings Bank has repossessed two single family homes in the exclusive New York suburbs of Kings Point and Upper Brookville.  As no sufficiently high bids were made, the properties were repossessed by the banks for $3,929,509 and $2,160,000, placing them among the most expensive repossessed single family homes in Nassau County…

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Hampton lis pendens (pre-foreclosures) down 27%

There were 36 properties in the Hamptons that received at least one pre-foreclosure filing in May 2010. The number is down 27% from May 2009 but up 16% from May 2008. So far this year there were 29 properties with a lis pendens in the Hamptons with a lien over one million dollars. Here are…

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Rebound for Westchester High-End Market

In line with the widely reported nationwide rebound of the luxury real estate market, Westchester County has seen an uptick in high end property closings since the beginning of the year.  Twelve single family homes closed for more than $3 million in the first four months of the year, five of them in April 2010…

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