8 Studio Lane in Art Village sold for $7.48 million. COURTESY CORCORAN
8 Studio Lane in Art Village sold for $7.48 million. COURTESY CORCORAN
Staff Writer on Aug 15, 2023
A compound in the area known as Art Village, near the western border of Southampton Village, has sold for $7.48 million after most recently seeking $8 million. At 8 Studio... more
ASCEND Homes & Community Foundation is accepting applications for a shot at purchasing one of two newly constructed affordable four-bedroom homes in Hampton Bays. Built by Campo Brothers, the homes on Gateway Court are priced at $507,000 each for income-qualified applicants, and first-time homebuyer assistance is also available. The monthly payment is expected to be $3,000 to $3,900 with taxes and insurance. The homes are 2,000 square feet with four bedrooms, two and a half bathrooms, an unfinished basement and a two-car garage. The lots are 0.4 acres each. The minimum household income in order to be eligible is $95,000 ...
25 Sep 2023 by Staff Writer
With the federal funds rate the highest its has been in more than two decades, Residence asked PAR East Mortgage Company President and CEO Pattie Romanzi to share facts and advice for homebuyers seeking mortgages. How do mortgage rates now compare to last summer? Interest rates are 1.5 percent higher than a year ago, give or take. Is it wise to wait for rates to drop before purchasing a home? When rates come down, you can reduce your monthly payment and/or shorten your term. Sadly, for some first-home buyers, the higher rates reduce the house price they can afford and ...
9 Aug 2023 by Staff Writer
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Staff Writer on Aug 15, 2023