Monthly Archives: January 2011

U.S. home prices slide into ‘double dip’ – Los Angeles Times

Last year, a recovery in housing prices seemed to be on track. But analysts now say that that improvement was juiced by home-buying tax credits that have now expired. In addition, unemployment has remained stubbornly high and millions of Americans are still at risk of foreclosure.

A second slide in home prices would act as a drag on the economic recovery — and stand in sharp contrast to other downturns. During the real estate crash of the 1990s, for example, prices slowly but steadily rose from their bottoms.

“It is going to be a rocky bottom, where we bounce around,” said Stan Humphries, chief economist at Zillow.com, a real estate information site. And, after that, “it is likely that real estate appreciation won’t keep up with inflation.”

The Case-Shiller Index, released Tuesday, showed that nine cities — Atlanta, Charlotte, Chicago, Detroit, Las Vegas, Miami, Portland, Seattle and Tampa — hit fresh bottoms, falling to the lowest levels since prices peaked in 2006 and 2007.

California’s coastal cities and the nation’s capital were the only apparent bright spots in the report, with Los Angeles, San Diego, San Francisco and Washington showing year-over-year gains. But when measured month to month, the index declined for every city except San Diego, which inched up 0.1% in November from October.

The performance of the California cities in the index doesn’t reflect the state’s hardest-hit markets, in the Inland Empire and Central Valley. Other recent home price measures show the market slumping statewide. The state’s median home price declined 3.8% in December, according to research firm MDA DataQuick, marking the third consecutive year-over-year decrease after 11 straight months of gains.

“If it continues, then it is not a good sign,” said Jacquelynne Chimera, an analyst who covers the California housing market for investment bank Keefe, Bruyette & Woods. “If we get into the spring selling season and prices are continuing to go down, that would be a cause for concern.”

Bedford Corners NY Weekly Real Estate Report | Bedford Corners NY Homes – Robert Paul’s blog

01/27/2011

Bedford Corners NY Weekly Real Estate Report | Bedford Corners NY Homes

Bedford Corners Real Estate Report  |   RobReportBlog 

809

 

Bedford Corners Real Estate Market

74    homes available

$30,000,000    high price

$295,000   low price

$1,262,000   median price

4363  average square feet

185  average days on market

$417   average price per foot

 

 

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Bedford NY Business On A Snow Day | Bedford NY Homes Report

On a snow day everyone is so easy to get on the phone. But you have to discipline yourself to pick the phone up and start dialing. You will be amazed how many people you can invite to take a look at your home business!

Also with all these snowy days, more and more people are working their jobs from home. Then when the snow melts… back to work. These people are probably thinking wow wouldn’t it be amazing to work from home permanently.

Here is a list of 4 no-brainers why we should build our home business on a snow day.

1. There is a really good chance to get people on the phone.
2. People are starting to think wow working from home is pretty cool.
3. Nobody likes to go back to work after being home that day. Why, usually you will have twice the work.
4. Chances are the school was closed and kids were home too. If you had a home business you can spend more time with your kids.

I hope this gets your ideas flowing. You can really compress the efforts and create massive results on a snow day. So get creative!

After you shovel the white flakes and make yourself a cup of hot coco. What are you going to be doing anyway? Watching TV…? Be the person that takes action and takes advantage of the next snow day. Most people will make excuses and just turn on the TV anyway. Not you, not this time!

 

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Selling Your Bedford NY Home in Winter | Bedford NY Real Estate

Winter presents its own unique set of challenges. It is not the ideal time to put your home on the market if you live where it gets cold and rains or snows, primarily because your home won’t show as well. However, there are steps you can take to brighten your home and make the showing pleasant and enjoyable for your buyers.

1) Clear a Path

  • •Continually shovel a path through the snow, especially if it’s still falling.
  • •Footprints on freshly fallen snow will turn to ice if the temperature is low enough, so scrape the walk.
  • •Sprinkle a layer of sand over the sidewalk and steps to ensure your buyers’ stable footing.
  • •Remember to open a path from the street to the sidewalk so visitors aren’t forced to crawl over snowdrifts.
  • •If it’s raining, put a rubber mat by the front door or a container to hold wet umbrellas.

2) Let in the Light

  • •Pull up the blinds, open the shutters, push back the drapes on every window.
  • •Turn on every light in the house, including appliance lights and closet lights.
  • •Brighten dark rooms with few windows by placing spotlights on the floor behind furniture.
  • •Turn off TV.

3) Turn on the Heat

  • •Pump up that thermostat. It’s better to heat the house a degree or two warmer than usual and then set the temperature at normal. This prevents the heat from kicking on when the buyer is present, because some HVAC systems are loud.
  • •You want the temperature inside to be comfortable and to give the buyer more of a reason to linger, especially on a cold day.
  • •Light the fireplace, but open the damper, place a grate in front of it and don’t leave it unattended for very long. You don’t want your house to catch fire!

4) Create a Mood

  • •Make your living room appear romantic by placing two champagne glasses near a champagne bucket on the coffee table.
  • •Toss afghans or throws across the arms of your sofa.
  • •Turn your bathroom into a spa:
    1.Hang plush robes.
    2.Roll up wash cloths, tie with a ribbon and place in a basket on the counter.
    3.Set up a grouping of soaps, lotions and shampoo.
    •Place vases filled with winter flowers around the house.
  • •Set a breakfast tray on the bed containing a coffee cup, saucer, napkin, rolled-up newspaper.
  • •Dress your dining room table for a dinner for two.

5) Turn on the Music

  • •Turn on soft music. I used to play Enya until one day I heard it piped in at a mortuary.
  • •Jazz or classical is soothing.
  • •Don’t turn on a commercial radio station – fill the CD changer so your music will be continuous.

6) Ease Up on the Scents

  • •Many people are allergic to certain scents and deodorizers, so don’t spray the air or plug-in air fresheners.
  • •Don’t burn candles or spray perfume in the bedroom for the same reason.
  • •If you’re going to bake cookies or simmer spices such as cinnamon in water on the stove, put out munchies so buyers aren’t disappointed. More than one sad buyer has said, “Oh, darn, I thought there were cookies in here!”

7) Make it Visually Pleasing

  • •Display photographs showcasing your summer flower gardens and lush green lawns.
  • •Keep blinds partially closed that otherwise show undesirable outdoor scenery such as a dilapidated fence or a nearby structure that obstructs views.
    •Make Your House Sparkle:
    1.Wash windows
    2.Clean out cobwebs.
    3.If necessary, re-caulk tubs, showers and sinks.
    4.Polish chrome faucets and mirrors.
    5.Clean out the refrigerator.
    6.Vacuum daily. If your carpeting is plush, vacuum in one direction.
    7.Wash and wax floors.
    8.Dust furniture, ceiling fan blades and light fixtures.
    9.Bleach dingy grout.
    10.Empty trash and recycling bins.

8) Serve Winter Foods

  • •Don’t serve muffins or any other kind of food that can be popped into the mouth because you want buyers to stay for a while and notice elements they might otherwise miss.
  • •Hot soups such as tortilla, potato or squash are delicious on a cold day.
  • •Chili or stew is a great alternative to soup, but leave a receptacle for disposal of the paper bowls and spoons.
  • •Hot apple cider or cups of cocoa make great beverage choices.

9) Provide Specific Information

  • •Attach printed cards to items and in rooms that provide further information the buyer might miss or might not know. You have so little time to make an impression.
  • •If you have an antique chandelier in your dining room, put a card on it that discloses its age and other important details.
  • •If you have removed the washer and dryer from the laundry room, attach a card to the wall describing the room.
  • •If your basement stairs are steep, attach a card to the railing that cautions buyers to watch their step.
  • •Take care when placing a card that says: “Not included in the sale.” That will make a buyer want it, but you can play that later to your advantage.

10) Use Timers and Technology to Your Advantage

  • •Plug indoor lamps into a timer to automatically turn on at times buyers will be present.
  • •Consider using motion sensors that will light up in the evening when a buyer approaches your doorstep.
  • •Set your crock-pot on a timer to warm up soup at designated time.
  • •If you use an answering machine, turn it off or mute messages.

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