Hamptons Distressed Properties Map
Recently the Business Insider wrote an article featuring the 10 priciest distressed properties for sale in the Hamptons with the house at 33 Mill Creek Close, in Watermill topping the list. With a lis pendens filed in September 2011, this property is currently on the market for $9.45M. According to the listing description, it has an indoor…
Temporary freeze bring foreclosures to pre-crisis levels in Long Island and the Hamptons
The temporary foreclosure freeze had a massive effect on the number of properties scheduled for auction in the last month of 2010, and its effects will extend into 2011 as well. It has artificially brought down the number of scheduled auctions to pre-crisis levels. Only 78 properties were scheduled for auction in December 2010 in…
Long Island, Hamptons: Potential Deals Coming Up At the Auction
Our attention was drawn by a Curbed Hamptons post on a $485,000 loss (over the previous purchase price) of a Montauk beach house. The property, located at 20 Gilbert Road, was reportedly bought in 2006 for $1.2 million, repossessed by the bank in April 2009, according to our records, and then sold at an online…
Hamptons: Homes of accused participants in $50 million mortgage fraud scheme put up for auction
98 Bridies Path and 191 Shinnecock Hills Road, both located in Southampton, are the properties scheduled for auction in March 2010 with the highest lien amount. According to our foreclosure records the defendants of the scheduled properties are Carrie Coakley and Donald Macpherson. According to the NY Daily News, the owners of a renowned club…
Hampton lis pendens increased 84% in 2009 over 2008
There were a total of 566 first time residential lis pendens in the Hamptons in 2009. This is 84% more than in 2008, when there were 307 pre-foreclosure filings. Zip codes 11937 (East Hampton), 11968 (Southampton) and 11946 (Hampton Bays) topped the list for the highest number of lis pendens. (Note: First time lis pendens…
Suffolk County foreclosures up 103% from Q3 2008
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…
Very few Hampton’s Foreclosure Listings in July 2009
This interactive map shows the July 2009 new scheduled foreclosure listings for the Hamptons.
Foreclosures in the Hamptons?
We just released our Q2 Long Island Foreclosure Report, and yes there are even occasional foreclosure auctions in the Hamptons. This map shows each scheduled auction for the last quarter.
Long Island foreclosures down 37% from October 2008
In the November Long Island Foreclosure Report we found that there was a 37% decrease in Long Island
foreclosures in November 2008 (196 scheduled foreclosures) from the previous month (311 scheduled
foreclosures). However, compared to November 2007, foreclosures are 37% higher.
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