Weekly Update at Prodigy Real Estate RSS Feed

Welcome to our weekly update page. You will find a summary of significant updates and news concerning our lisitngs, including price changes, website developments and significant news for the week.

Found 71 blog entries about Weekly Update at Prodigy Real Estate.

May's cool weather wasn't enough to cool Staten Island's consistently warming real estate market. 

It looks as though our assumption was correct. Just like the prior month, the sales for the month of May hit way over the 200 mark—something that, like last April, hasn’t been seen in the same month since 2008, when May had 250 monthly sales. This May surpassed even that number by four, with 254 total sales. This may not seem like much, with an increase of only about 1.6%, but it’s definitely better than May of 2012 and 2011, where we saw 188 and 168 home sales, respectively. As we can see, the monthly sales for May have been on an upward trend since 2011, but just by comparing this past May’s sales with the prior year, we see an increase of over…

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April hasn’t seen more than 200 residential home sales since 2008, when 214 homes were sold. Even still, this past April marks the most the month has seen in years, with 237 homes being sold—well over that of April 2008. This was over a thirty percent increase from this past March, which ended up having 182 sales. This is a big difference—a difference of fifty-five homes, to be exact. It was also almost a forty-five percent increase from the prior April, in 2012, which left off with 164 sales.Market Report for Staten Island

Over the past four years, 10,462 homes have been sold. The homes sold in the past twelve months, which amount to 2,680, make up a little more than a quarter of these total sales. This is the highest number of sales in a twelve-month span since the year beginning…

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When you look at the numbers, one thing has become clear: the real estate market locally has stabilized after 5+ years of some of the most tumultuous times in American history.  By no means was it an easy go of it locally-especially after Hurricane Sandy made it to our shoreline back in October of last year.

realestatesiny_market_report_262The impacts of the hurricane were clearly evidenced in home sale numbers for this past November, a month after the storm.  With just 182 home sales, it was a drop of over 14% from the prior month, and a whopping 33% from a year prior.  However, a brighter side emerged after the storm, rebounding a little over 32% in December.

All in all, it was enough to put the market as a whole above 2011 in many facets and it's the first time the market has…

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Assistance with federally backed home mortgages announced.

home_in_eltingville_400If you have fallen victim to Hurricane Sandy and have a mortgage loan that is backed by Fannie Mae, Freddie Mac, or the Department of Housing and Urban Development (HUD) there may be help for you.These three programs have put together some ways of helping you with your mortgage while you repair or replace your home, due to the damage from Hurricane Sandy.

For those of you who have a Freddie Mac backed mortgage, here are some options they are putting out for you, but it is case-by-case. Freddie Mac is waiving late fees and penalties and will either bring down the amount of your payment or let you not pay it for up to 12 months. They will put off the foreclosure of your home or the eviction…

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If your property received an extensive amount of damage due to Hurricane Sandy, you may qualify for the Casualty Tax Deduction. I know, it sounds great, right?  Well, as with most good things, there's a catch. There's a lot of work that goes into the process and there are limitations.


damaged_roof_Hurricane Sandy Staten IslandAccording to the Internal Revenue Service, "a casualty is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual." Included among these events are earthquakes, floods, mine cave-ins, sonic booms, storms, and vandalism.

There are two types of casualties: those which occurred in a federally declared disaster area and those which did not. The State of New York was declared by the president as a disaster area.…

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Totally renovated Tottenville colonial home. Located on a quite street in the heart of Tottenville. Eat-in-Kitchen with granite counter-tops and back splash, Porcelain tiled floors, and new stainless steal appliances. This home is move in ready.  

Call Victor Morvillo for more details or to schedule an appointment to see this beautiful home directly at (347) 782-8998.   Click here for more details http://www.realestatesiny.com/listing/1075543-125-butler-ave-staten-island-ny-10307/
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Must come view this breathtaking CUSTOM BUILT contemporary home on a gorgeous TOTTENVILLE street. 4/5 bedrooms with 3 levels and a finished basement. 3rd level is a tremendous master bedroom suite complete with woodburning fireplace, skylites, sitting area, walk in closet and spa bathroom. Basement has a seperate entrance with a full one bedroom apartment. All wood floors, granite counters and 3 full baths and 1 half bath. Located down the block from the conference house park!!! Dont miss out! Asking $600's

248 Connecticut Street

For questions, contact Kerry DeBellis 347-234-7408

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211 Titus Ave 11AM-1PM

Living Room/Din Room 6 over 5 2 family New DorpIf you're in the market for a home that provides a considerable amount of income from a two or three bedroom apartment with a location and price that is unmatched in its price segment… This is your home.

This impeccably maintained home has great features like hardwood floors, vaulted ceilings, updated exterior and manicured landscaping. There is also a full finished basement with private access from both apartments, which is a very rare convenience. So, even if you decide to rent the first floor 2 bedroom apartment, you can have full private entry from the larger second floor 3 bedroom unit. It is truly a rare opportunity.

See the complete listing for 211 Titus Ave.

Contact Mary Ann Benevento – DeMagistris of…

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1 FAMILY DETACHED COLONIAL 5 BEDROOMS - $549,000 - ELTINGVILLE

314 LYNDALE AVE, STATEN ISLAND NY 10312

Great house on great block everything updated but needs some completion. Granite counter tops with cherry wood cabinets. Hardwood and marble floors throughout. This house is a short sale priced under market value. House won't last.

Please contact Cynthia Dgheim Lic. Real Estate Salesperson for more information 718-344-7136 or Realtorcyn@gmail.com

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New Listings Featured Banners

Well, as or real estate company continues to grow, we continue to provide better and improved online services and interaction for our visitors. As part of our upgrade your real estate searches, you will now find the newest MLS listings within the last seven days marked with a "NEW" banner.  Clients have told us, there's nothing better than getting an easy to see visual of what new homes just came out on the market. It's one thing many people have asked us to do a few times over the last several months, and of course, we listened. It will appear like the picture below.

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Request Home Values Button


 
If you're selling a home on Staten Island and need the latest value report on your home with a simple click of a mouse you…

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