Daily Archives: May 10, 2013

Do-it-yourself Pole-barn Building | South Salem Real Estate

If you need to add shelter to your homestead easily and economically, pole barns are right for you. They’re the fastest, most cost-effective way to build permanent, solid shelter to store equipment, house livestock, or function as a garage or workshop facility. You can even use the pole barn approach to build a year-round home. A big part of the attraction is simplicity. There are only four steps involved in pole-barn building, and the first one’s even optional! None of the work requires fancy tools or finely honed skills.

The steps to pole-building success are simple: Create a level base pad (if you want more than just the earth underfoot), set poles vertically into holes in the ground, connect them across the top with beams and braces, then put roof trusses on top. No need for a complicated foundation, either. Even in regions with cold, frost-prone winters, pole barns endure well with nothing more than the simplest connections to the earth. And if this weren’t advantage enough, pole barns also offer the option of using your own logs and rough-cut lumber for many parts of the job. The only thing wrong with pole barns is the name. This building approach is so much more useful than for building barns alone.

If you’ve never constructed anything large before, then a pole building is a good place to start. The illustration and information you’ll find in this article will equip you to custom build your own durable pole barn based on universal design and building principles. Most building authorities require simple plans for project approval, though many will accept hand-drawn versions. Agricultural extension services across the continent also offer basic pole building plans for free. You can buy fancier ones online. Either way, success ultimately comes down to the kind of hands-on know-how you’ll find here.

Create a Base

Besides the fact that you’ll need to locate your pole building on flat, well-drained ground, consider adding fill to create a raised base area. This isn’t necessary for all applications, though it provides a more level floor space that’s raised enough to keep water from draining in, even during wet seasons.

There are four reasons crushed rock screenings are my favorite choice for a raised base. Screenings are usually less expensive than other types of aggregate because they’re a byproduct at many quarries. Screenings also are small — typically less than a quarter-inch in diameter, with lots of stone dust mixed in. This makes screenings easy to rake and level accurately. They pack down firmly, too. And screenings don’t ruin the future growing potential of soil forever. When your pole barn needs to come down after its working life is over, scrape off the screenings and use them somewhere else. Unlike larger grades of crushed stone, the leftover screenings that the loader can’t remove will disappear when you till the soil.

Before you order any fill for a base, you’ll need to mark out an area to guide the location and level of material required. Read “Stake Your Ground,” below, for tricks that speed this process and the work of laying out wall post locations later.

Installing Poles

The plan shows the 8-foot pole spacing that’s common for enclosed walls on most pole-barn designs. You can stretch that to 12-foot spacing on open sides where animal and machine access is required.

Pressure-treated timbers make good poles for small designs, and reclaimed utility poles (as long as they’re in sound condition) or rot-resistant logs cut from your own forest are good for large ones. The key is to select the right diameter poles for the height and spacing you’re planning (check with your local building inspector).

If you have health and environmental concerns about using pressure treated lumber, there’s good news. Today’s most common wood preservative compound, abbreviated ACQ, replaces the arsenic-bearing substance called CCA that was used to preserve wood until 2003.

ACQ is one of a handful of new preservatives that are thought to be significantly safer than CCA. But all these new products do have a downside. They’re much more corrosive to nails, screws and support brackets than CCA ever was. And as you’d expect, this corrosive action is greatly enhanced in the presence of moisture. As a minimum, use hot-dipped galvanized nails and screws when building your pole barn. Better yet, for critical connections where additional fasteners can’t be driven in later, use stainless steel.

Read more: http://www.motherearthnews.com/print.aspx?id={FDD84908-2956-40C3-B5BB-F7161A8A09A2}#ixzz2SvITFfhK

 

 

Do-it-yourself Pole-barn Building.

Save Playland Group Meets With Westchester County Legislators

Several members of the Save Playland Amusement Park Group met with members of the Westchester County Board of Legislators within their weekly Government Operations Committee meeting on Tuesday April 30th, 2013 to discuss their group’s ongoing petition effort against Sustainable Playland Incorporated’s proposal to reduce the size of the amusement park and remove rides.

A copy of that presentation is attached and a video link of the presentation can be viewed in full at minute 7 by copying and pasting the below link:

 

Save Playland Group Meets With Westchester County Legislators – Rye, NY Patch.

Westchester County Offering Free Fish To Help Control Mosquito Population

Health officials in Westchester County want to use some little fish in the battle against mosquitoes.

The Westchester County Health Department is giving away fathead minnows for residents to use in ornamental ponds, which could become breeding sites for mosquitoes that can carry West Nile Virus.

The minnows like to eat the larvae and pupae from the mosquito, which like to breed in standing water. Health officials said the fish have been effective in controlling mosquito populations in county parks.

“There are a lot of studies out there that show this is a very viable way, an organic way to control mosquito populations in your county without using additional pesticides,” Assistant Health Commissioner Peter Delucia told WCBS 880′s Sean Adams

The county has 100 pounds of fathead minnows to give away Friday from 11 a.m. to 5 p.m. and Saturday from 9 a.m. to 12 p.m.

The fish are being distributed at Building One at the Westchester County Airport, 2 Loop Road off Airport Road.

For more information, visit health.westchestergov.com.

 

 

Westchester County Offering Free Fish To Help Control Mosquito Population « CBS New York.

Douglas Elliman releases Manhattan-Brooklyn Rental Report | Bedford Realtor

 

Douglas Elliman Real Estate just released the “Elliman Report: Manhattan & Brooklyn Rentals April 2013,” the leading resource on the state of the Manhattan and Brooklyn rental markets. As always, our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and neutral market insight available.

 

Year to date, Manhattan rents continued to rise at the same brisk pace as last year. The gains in rental prices have been consistent across all apartment sizes compared to a year ago. Landlord concessions were used sparingly and the vacancy rate remained below long-term averages. The continuing strength of the rental market has been somewhat surprising since the Manhattan sales market has also seen rising prices and sales volume. Tight credit conditions and an improving regional economy continue to keep pressure on the demand for rental housing.

 

After several months of rapid gains, Brooklyn rental price increases slowed in the month of April. However, the rapid pace of the market continued with brisk listing periods and the lowest listing discount seen in the new year. Competition from a robust sales market along with low mortgage rates are keeping increases in check. We anticipate similar conditions over the coming months.

 

We constantly look for ways to provide our clients with better information to enable them to make more informed decisions. Our efforts to make this market report series possible reflect my strong belief that in a market that is constantly changing, access to timely information is one of the greatest resources we can offer our clients. We are committed to providing the best information and services in the industry. Explore our full market report series covering Manhattan, Brooklyn, Queens, Long Island, The Hamptons, North Fork, Westchester/Putnam, Miami, Boca Raton, Fort Lauderdale and Palm Beach at http://www.elliman.com/marketreports.

 

Douglas Elliman releases Manhattan-Brooklyn Rental Report | Bedford Realtor.

Time to take the measure of the recovery | Waccabuc Real Estate

Commentary: Many global indicators are at inflection points

Long-term rates fell this week to the lows of 2013, mortgages stickier than 10-year T-notes. Although long Treasurys made it to 1.85 percent, mortgages are still 3.75 percent or so — the mortgage market frightened to death that any loan it buys today will live until its 360th payment.

Trading everywhere has ceased for Passover, Good Friday, and Easter, but next week brings a flood of brand-new information for March, capped on Friday by employment data. Thus a good time to reflect.

I do not recall a moment in which so many economic elements at the same time have been at points of inflection. In the old days (five years ago) nothing much mattered except U.S. data. In global markets the world is more important than the U.S.

1. Rates are down because of Europe. Period. Euro elites are secure looking down their noses: “Cyprus is unique, the euro-zone will be fine, just a little austerity and economic reform ahead.” Au contraire… bank funding costs in March everywhere except Germany rose by 25 percent (who wants a haircut at shoulder-level?); French and Spanish 10-year yields are opening versus German; nobody is making fiscal progress, the combination of austerity and euro-shackles making recovery impossible. Yet everyone who has cried euro-failure “Wolf!” has been premature. Or wrong: maybe there is no wolf at all. Or, if the wolf finally does arrive, the bigger the shock.

2. The stock market set a new high yesterday, greeted by no exuberance. Usually a technical “breakout” like this is followed by a big run. Not. This new high is a half-inch above the same top in 1999 and 2007. Whee. And yet … stocks could really run and bring back the wealth effect.

3. That wealth effect may already be here. This morning’s news: personal incomes jumped 1.1 percent in February and spending with them, up 0.6 percent.

 

 

 

Time to take the measure of the recovery | Inman News.

RealtyTrac: April foreclosure filings drop 23% | North Salem Real Estate

U.S. foreclosure filings fell 5% from March to April with default slips, scheduled auction notices and bank repossessions targeting 144,790 properties last month, RealtyTrac said.

Compared to year ago levels, foreclosure filings declined 23% in April and total foreclosure activity reached a 74-month low, the real estate data firm added.

The study notes one out of every 905 U.S. housing units faced a foreclosure filing last month.

“The April numbers indicate that the pig is moving through the python when it comes to deferred foreclosures in judicial foreclosure states,” said Daren Blomquist, vice president at RealtyTrac. “Foreclosure starts have been increasing for several months in many of the judicial states, and now that increased volume is showing up in the second stage of the process: the public foreclosure auction.”

The differences in judicial and non-judicial foreclosure states remained magnified with judicial foreclosure auctions increasing 22% from March to April and rising 31% from year ago levels to the highest point in over two years, RealtyTrac added.

 

RealtyTrac: April foreclosure filings drop 23% | HousingWire.

Lower credit scores disappear from housing market: Fed governor | Mt Kisco Homes

Originations for borrowers with credit scores below 620 mostly disappeared in recent years, eliminating low credit scores from the housing market, Elizabeth Duke, member of the Board of Governors for the Federal Reserve System, said while speaking at the Housing Policy Executive Council.

Previously, Duke said, “Borrowers with lower credit scores have typically represented a significant segment of first-time homebuyers.”

Between 2007 and 2012, originations for borrowers with a credit score between 620 and 680 tumbled nearly 90%, compared to a 30% drop for borrowers with a score greater than 780.

Meanwhile, the median credit score skyrocketed from 730 in 2007 to a whopping 770 in 2013.

With few lending channels, borrowers have turned to mortgages insured or guaranteed by the Federal Housing Administration, the Department of Veteran Affairs and theRural Housing Service, Duke said.

As a result, the share of purchase mortgages guaranteed or insured by the FHA, the VA, or the RHS escalated from 5% in 2006 to more than 40% in 2011.

 

Lower credit scores disappear from housing market: Fed governor | HousingWire.

Market Overheats in Scarsdale | Real Estate

The experts concur – it’s a banner year for home sales in Scarsdale. We checked in with three local agencies for their observations on the Spring market and here is what they had to say:

Zach Harrison:
Platinum Drive:

“This is the strongest real estate market I have seen in Westchester since 2006. Bidding wars have been commonplace, driven by low interest rates and a lack of inventory.”

Linda Roth
Coldwell Banker: 

This spring is an exceptional time to sell real estate in Scarsdale/Edgemont and surrounding communities. In addition the national real estate market is also showing strong growth. The combination of lack of inventory, an improving economy and historically low interest rates has brought out large numbers of purchasers, which in turn bring multiple offers, many over the asking price and with excellent terms. As always, lower Westchester with its convenient location leads the market.

Lewis Arlt
Houlihan Lawrence: 

Looking out the rear view mirror at sold properties in Scarsdale, we see an up-tick of 9.3% year-to-date (from 43 last year at this date, to 47 this year). And an increase of 11.7% year over year from May 6, 2012 (206 sold) to May 6, 2013 (230 sold). The median sale price stands at $1.246M year to date, compared to $1.285 last year at this time. (a 3% drop, statistically not very significant). The good news is prices remain relatively stable and sales are moving forward at a healthy pace.

Peering out the windshield at pending business, we can see a very healthy ratio of active listings to pending deals. The 112 currently active listings (a 19% decrease compared to 2012 at this time) is well balanced by 82 deals in contract, compared to 76 last year – nearly 8% more. Decreased inventory across the region has fueled higher prices as more buyers compete for fewer homes. This phenomenon has led to some highly competitive bidding and sale prices exceeding expectations, most evidenced in the $700,000-1,500,000 price range. Rates are low, consumer confidence is strong, and we are currently on pace to record more sales this year in the village than in a decade.

 

 

Scarsdale, NY 10583 | Market Overheats in Scarsdale | Real Estate | Your Community Corner.

Why is the man who bet against U.S. housing so worried about Canada? | Bedford Hills Real Estate

A hedge fund manager who made a killing betting against the U.S. housing market is now publicly fretting about Canadian real estate.
Steven Eisman’s comments on Canada are arguably more important than those of other observers given that he put his money where his mouth was in the run-up to the U.S. meltdown, gaining renown and, eventually, becoming one of the players noted in The Big Short, the book by Michael Lewis.
Most observers believe that Canada’s housing market, while cooling rapidly, is in a soft landing, with the exception of Vancouver. Canada’s finance minister has moved several times to prevent a burst bubble and tame the mortgage market amid record levels of consumer debt.
At a conference in New York yesterday, Mr. Eisman, who founded Emrys Partners, noted the exceptional run-up in prices for Canada homes, deemed by the Economist as the most overvalued in the world.
He pointed specifically to Canada Mortgage and Housing Corp., according to published reports, warning that it’s closing in on a $600-billion ceiling for its portfolio.
“When something gets that big, even governments get nervous,” Mr. Eisman said, according to The New York Times, which covered yesterday’s annual Sohn Investment Conference.
The nation’s banks, he added, aren’t protected enough should housing collapse.
The hedge fund chief also cited Home Capital Group, which, among other things, is a non-prime lender, as a possible trouble spot.
Just yesterday, Toronto-listed Home Capital posted a jump in quarterly profit to $59.7-million, or $1.72 a share, from $52.5-million, or $1.50, a year earlier, and said it believes Canada’s housing markets are “in balanced territory” and still healthy.
“While the company experienced overall originations below the last quarter of 2012, the activity was within management’s expectations given seasonality and the slower start to the spring housing market this year,” it said.
“The company continues to observe good demand for its traditional mortgage products from customers with strong credit profiles and originations in this product were up over the same period last year. The company anticipates that demand for its traditional products to continue to be robust, but recognizes that over all markets have softened and demand could be reduced in future quarters. Management is prepared to adjust its strategy in such a situation.”
While the housing market has cooled, most, though not all, economists say there’s no crash in the offing.
“Tougher mortgage rules, high household debt and reduced affordability in some regions have taken the wind out of the housing market’s sales, though most signs point to a soft rather than hard landing,” BMO Nesbitt Burns says in a new forecast, citing the 15-per-cent in drop in existing home sales in March from a year earlier, but “milder declines” in some regions last month.

 

Why is the man who bet against U.S. housing so worried about Canada? | Bedford Hills Real Estate | Bedford NY Real Estate | Robert Paul Talks Life in Bedford NY.

Spring real estate market sees record pending sales in Seacoast | Bedford Corners Real Estate

PORTSMOUTH — The Seacoast Board of Realtors say the spring Seacoast real estate market is shaping up to be the best in at least three years.

The board reported a record number of single-family and condominium pending sales in April in the 13 sample seacoast towns.

The 13 sample towns are Exeter, Greenland, Hampton, Hampton Falls, New Castle, Newfields, Newington, North Hampton, Newmarket, Portsmouth Rye, Seabrook and Stratham.
The 90 April pending single family sales are 18 more than the previous record set last May. There were 67 sales in the month, up 15.5 percent from last year. They were paced by 21 sales in the $400,000 to $700,000 price category, nine more than last year at this time. There were 37 sales in the category of less than $400,000.

Sales of single-family homes in the sample towns have increased through most of the first four recorded months of 2013. There were 59 in January, 55 in February, 63 in March and 67 in April.

The median sales price of a Seacoast single-family home was $369,800 up 21.7 percent from last year.

While the 35 pending condominium sales are also a new three-year record, condos again recorded a mixed bag of sales results. The average price of a condo was up 10.52 percent from last year at $210,000, but fell to its lowest level in three months in 2013. Closed sales also were off .06 percent from a year ago.

Inventory levels continue to shrink as demand increases, according to the Seacoast Board of Realtors. Available single-family units dropped 21.1 percent from a year ago, while condo inventory is off 17.2 percent from last year.

 

Spring real estate market sees record pending sales in Seacoast | Bedford Corners Real Estate | Bedford NY Real Estate | Robert Paul Talks Life in Bedford NY.