Chappaqua NY Weekly Real Estate Report Homes for sale 105 Median Ask Price $1,259,444.00 Low Price $475,000.00 High Price $24,750,000.00 Average Size 4103 Average Price/foot $350.00 Average DOM 107 Average Ask Price $1,466,416.00
Mt Kisco NY Weekly Real Estate Report Homes for sale 51 Median Ask Price $699,000.00 Low Price $280,000.00 High Price $4,500,000.00 Average Size 3004 Average Price/foot $317.00 Average DOM 97 Average Ask Price $982,294.00
Spring is officially underway, and while our focus has swung toward outdoor projects, it’s not all daffodils and sunny skies for homeowners this season.
Avoid basement flooding
The past couple of years — certainly last November with Hurricane Sandy — we’ve seen that in order to undergo serious storm damage, a house does not necessarily have to be located in a flood zone. This spring, water issues are top of mind for many homeowners discovering leaks that developed over the winter. Snowmelt, in combination with seasonal rain showers, can result in overwhelmed culverts, backed-up sewers and flooded basements.
Of course, there’s little you can do about the weather, but you can take some steps to ensure your basement or crawl space remains dry. Having cleared your gutters of debris, position downspouts away from the house and foundation. The goal is to drain storm water at least 3 feet away, so consider running extensions or troughs. If you have below-grade basement windows, install window well covers made of a strong acrylic that will fasten securely to your home’s foundation.
Inspect the exterior foundation and your basement’s walls and floors. Use epoxy to fill any foundation cracks and if warning signs are detected, apply masonry sealer to basement walls. If the problem appears more serious, call in a professional.
If you haven’t had your sewer inspected or your septic tank cleaned, April is a good month to address those concerns. And if you’re operating a sump pump, be certain it’s free of blockage, correctly positioned and connected to a power source. Since a sump pump won’t run if your electricity goes out, a generator may be a long-term investment worth considering.
Well, well, well. All week long, anxiety on several fronts had suppressed optimism and rates, but news of faltering job creation in March has produced a case of the quaking bejabbers.
Four weeks ago the 10-year T-note traded above 2.05 percent, presumably headed moonward, today 1.69 percent. The mortgage move has been smaller, but fears of 4 percent-plus have been replaced by hopes for 3.5 percent.
The stock-market guys joined by housing boosters had talked themselves into a sustainable flow of 250,000 new jobs each month, and the Fed nearing the QE exit. The 88,000 jobs reported today for March were half the forecast, but these forecasts are notoriously useless, and the error range in the report is as wide as the miss itself.
Those two fell-better thoughts cannot offset the worry that the good numbers last winter were the error, and this March report is the real deal. The Economic Cycle Research Institute’s Lakshman Achuthan has taken a fearsome beating for a recession call 16 months ago and published a defense last month — which predicted exactly today’s pattern: a yo-yo economy not really going anywhere. The Fed and some others fear a yo.
