Daily Archives: February 5, 2013

New Castle Historical Society debuts new farm exhibit | Chappaqua Realtor

The New Castle Historical Society’s newest exhibit opens Tuesday at the Horace Greeley House, 100 King Street, in Chappaqua.

The exhibit, titled “New Castle’s Beginnings – Our Founding Farms” traces the town’s origins from Native American lands to the farms of the 19th century to the large estates and housing developments that define the community today. The society will also focus on several local farms and feature their products, among them: Sutton Farm, Dodge Farm, Brann Farm, Taylor and Annandale Farms and the Greeley Farm.

There will be interactive aspects to this exhibit plus a seminar series featuring speakers from local farms operating today.

The historical society will hold an opening reception on Sunday, March 3, from 3 p.m. to 5 p.m. The exhibit will run through the year at the Horace Greeley House. The facility’s hours are Tuesday, Wednesday, Thursday and Saturday from 1 to 4 p.m. or by appointment at 914-238-4666.

Trulia: Inland asking prices up 14% | Bedford NY Homes

The Trulia monitor on real estate asking prices and rent for San Bernardino and Riverside counties had enough lift to put the Inland region in the “rebounding” column — right along with Phoenix, Las Vegas and Detroit.

Jed Kolko, chief economist for San Francisco-based Trulia, said asking prices are up 14 percent year-over-over in January for Inland Southern California, and rents rose 4.6 percent. “Asking prices in the Inland region have been increasing up year-over-year every month since July,” Kolko said.

Trulia says 'new low price' toppers on real estate signs are fallign to the wayside

Trulia says ‘new low price’ toppers have fallen to the wayside with asking prices on the rise.

Trulia’s percentage change in asking prices, on average, rose 5.9 percent; excluding foreclosures, prices rose 6.5 percent.

Out of 100 metropolitan regions, 86 reported year-over-year gains.

“Strong job growth, low vacancy rate and low foreclosure inventory — not huge price gains — are signs of a healthy housing market,” he said, but dramatic price gains can mask serious red flags. “Without strong underlying market fundamentals, price rebounds might be here today, but gone tomorrow.”

With the region still grappling with its share of unemployment, slow job growth and foreclosure-related actions, Kolko said Inland Southern California’s big price increases are offset by those weaker market fundamentals.

The Inland area’s housing market ranked 83 out of 100 on the list of healthiest housing markets.

Which cities are at the top in a category Trulia described as booming?

That would be San Francisco, Seattle, Denver, San Jose and Salt Lake City. Houston, Boston, Raleigh and Dallas are in the category Trulia labeled as “humming.”

Is Your Housing Market Booming, Rebounding, Humming, or Struggling? | Pound Ridge Real Estate

Trulia‘s Chief Economist discuss how price trends, combined with the measures of fundamental market health show which metros are booming, rebounding, humming, or struggling.  

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed.

Asking Prices Rise a Record 0.9% Month-over-Month Nationally
In January, asking prices rose 0.9% month-over-month, seasonally adjusted — the highest monthly gain since the price recovery began. Year-over-year, asking prices rose 5.9%; excluding foreclosures, asking prices rose 6.5%. Quarter-over-quarter prices rose 2.2%, seasonally adjusted. Prices typically fall in the wintertime, but asking prices still rose slightly (0.3%) quarter-over-quarter even without seasonal adjustment, indicating the strength of the price recovery. Asking prices were up year-over-year in 86 of the 100 largest metros.

South Salem NY Weekly Real Estate Report | RobReportBlog

South Salem NY Weekly Real Estate Report  |  RobReportBlog

South Salem NY Weekly Real Estate Report
Homes for sale62
Median Ask Price$624,000.00
Low Price$199,500.00
High Price$5,900,000.00
Average Size2775
Average Price/foot$278.00
Average DOM236
Average Ask Price$792,219.00

Katonah NY Weekly Real Estate Report | RobReportBlog

Katonah NY Weekly Real Estate Report  |  RobReportBlog

Katonah NY Weekly Real Estate Report
Homes for sale37
Median Ask Price$750,000.00
Low Price$359,000.00
High Price$18,995,000.00
Average Size3464
Average Price/foot$418.00
Average DOM127
Average Ask Price$2,006,454.00

Pound Ridge NY Weekly Real Estate Report | RobReportBlog

Pound Ridge NY Weekly Real Estate Report  | RobReportBlog

Pound Ridge NY Weekly Real Estate Report
Homes for sale64
Median Ask Price$1,120,000.00
Low Price$375,000.00
High Price$3,950,000.00
Average Size4029
Average Price/foot$348.00
Average DOM145
Average Ask Price$1,438,234.00