Tag Archives: Bedford Corners Homes for Sale

Bedford Corners Homes for Sale

New-home sales rise 2.2% in May to fastest pace in more than 7 years | Bedford Corners Homes

New single-family homes in the U.S. sold at an annual rate of 546,000 in May, hitting the fastest pace since February 2008, with growth in two of four regions, the government reported Tuesday. Economists polled by MarketWatch had expected a sales rate of 525,000 in May, compared with a prior estimate of 517,000 for April. On Tuesday the U.S. Commerce Department revised April’s rate to 534,000. May’s pace was up 19.5% from a year earlier, signaling a healthy pick up, though recent sales rates remain below long-term averages. The median price of new homes, meanwhile, fell 1% to $282,800 compared with May 2014. The supply of new homes was 4.5 months at May’s sales pace, down from 4.6 months in April. Economists caution over reading too much into a single monthly report. A confidence interval of plus-or-minus 16.7% for May’s growth of 2.2% shows that the government isn’t sure whether the sales pace rose or fell last month.


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11 Things You Need to Know When You’re About to… Buy a House | Bedford Corners Homes

Buying a home can be a stressful, complicated process—even if it’s not your first time. To help you take stock and get ready to find your way into a new home, here are some key things you need to know:

1. Know your goals.

This should go without saying, but house-hunting can make even the most practical of people lose sight of what’s really important.  Homeowners may dream of settling in, customizing and forgetting about yearly rent increases. Even so, there are trade-offs: decreased mobility, increased debt and more responsibility (there’s no super to call when the toilet springs a leak). Doing a quick pro and con of rent v. buy helps you make sense of your decision, given your lifestyle goals.

2. Have a five (or seven) year plan.

Staying put for five to seven years is a good rule of thumb for homebuyers but factors such as closing costs, market fluctuations and expenses like maintenance fees could mean it’ll take even longer to break even.

3. Bring 20 percent (or more) to the table.

Some lenders offer low- or no-down payment options for cash-strapped buyers but the terms are typically less attractive than for those with 20 percent. A 20 percent down payment also means avoiding Private Mortgage Insurance (PMI), which can cost an annual 0.3 to 1.15 percent of the original loan balance.

4. Make your own budget.

A mortgage lender may qualify you for more than you actually want to pay each month. Do your own budget analysis to figure out how much you’re comfortable shelling out for housing each and every month. And don’t forget extras like real estate taxes.

5. Check the score.

Higher credit score can add up to tens of thousands of dollars in savings over the life of a mortgage. Get a free copy of your credit report (available once per year) and look for ways to improve your score.

6. Find a real estate agent who fits your profile.

Typically, you start with recommendations from friends or financial professionals, like your CPA. But don’t stop there. Interview three or four agents with a keen eye for one with aspecific knowledge of your desired neighborhood, price range and property type. Then figure out if your personalities will work together—or against each other.

7. Don’t forget the emergency fund.

A house is the most expensive thing most people will ever buy. But costs go well beyond the purchase price. Routine maintenance, landscaping or pool care fees and unexpected repair bills can catch a new homeowner off guard. Upfront budgeting for these annual costs can save a lot of frustration when the HVAC unit needs to be serviced, get the best deals from this ac installation in Oahu company.

8. Location, location, location.

It’s hard to predict the future, but long-term neighborhood changes can have a dramatic effect on property costs. Homes within desirable school districts tend to be more expensive up front, but they’re also more likely to maintain property value.

9. Don’t scrimp on insurance.

A typical homeowners insurance policy will cover many different types of damage to your home—but be sure that it covers the full cost to rebuild the home. Your coverage should include replacing the structure and your personal possessions, the cost of living expenses if you have to live elsewhere while your house is repaired, plus your liability to others—otherwise, in the event of a loss, you may discover gaps in your coverage.

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February Existing Homes Rise | Bedford Corners Real Estate

Sales of existing homes rose 1.2% in February to a seasonally adjusted annual rate of 4.88 million, the National Association of Realtors reported Monday. The gain was below expectations. Economists polled by MarketWatch had expected the sales rate to increase to 4.94 million in February from 4.82 million in January. Existing home sales remain soft, having been stuck below 5 million unit rate for two-and-a-half years. The median sales price of used homes hit $202,600 in February, up 7.5% from the year-earlier period. This is the biggest gain in a year. February’s inventory was 1.89 million existing homes for sale, a 4.6-month supply at the current sales pace. The number of homes available for sale was down 0.5% from the year-earlier period.


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Millennials accounted for largest share of home purchases last year | Bedford Corners Real Estate

The albatross of student debt, underemployment and weak wage growth didn’t prevent millennials from accounting for the largest share of home purchases, according to data released Wednesday.

The National Association of Realtors said millennials, or those between 18 and 34 years old, accounted for the largest share of home buyers last year at 32%, according to a report from the National Association of Realtors. Millennials make up 23% of the U.S. population, according to separate data from the Census Bureau.

This is the third year of the survey, and the second year millennials had the top spot.

The median age of millennial homebuyers was 29, their median income was $76,900 and they typically bought a 1,720-square foot home costing $189,900.

Generation X, or those between 35 and 49, was closely behind with a 27% share. The median buyer in that group was 41 years old, had a median income of $104,600 and purchased a 1,890-square-foot home costing $250,000.

The median home purchase for all buyers was 1,870 square feet and cost $216,000.

According to the survey, 13% of all home purchases were by a multi-generational household, consisting of adult siblings, adult children, parents and/or grandparents.


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Midcentury Miami Shores Ranch is All That | Bedford Corners Real Estate

This classic, early midcentury ranch-style house in Miami Shores may not be particularly big, at 2,320 square feet, and its restoration may have resulted in the loss of some midcentury touches (Was there once terrazzo in the marble-floored Florida Room? Did the bathrooms have colorful toilets?) but the result still shines. A roomy, open-planned layout with wooden floors and high, vaulted ceilings, and some original details like the house’s old fake fireplace (a space-heater would likely have been installed there originally) all work well together. A covered outdoor loggia with second fireplace (this one isn’t fake) flanks the pool, which is a turquoise blue rectangle in a simple green box; an outdoor room made of ever-so-nicely-trimmed box hedges. The three bedroom, two bath house is priced at $980,000


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Old Riverdale Home Yearns for the Countryside | Bedford Corners Real Estate

Although it was constructed in 1901 as a carriage house, this Riverdale building now acts as a 5BR, 3.5BA modern-day Bronx estate. Okay, “estate” might be too strong of a descriptor, but the home at 5450 Palisades Avenue sits on a half-acre lot and has a rather bucolic past; that is, well before it was picked up by a former Deputy Commissioner of Counter-Terrorism of the NYPD in 2006 for $2.3 million. Now asking $2.43 million, the home still shows traces of its former life as a carriage house through its high, beamed ceilings and three street-facing garage doors.

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How to Save for a Down Payment | Bedford Corners Real Estate

Rents are projected to outpace home values by the end of the year, according to Zillow, so it’s a good time to consider buying a home. Fixed mortgage payments and a more stable market are other reasons to make the jump.

Zillow projects that by the end of 2015, millennials will become the largest home-buying age group. Whether you fall into that category or not, coming up with a down payment can be challenging. Here are some strategies to help you get there.

Reduce large expenses

Sure, skipping your morning latte may help save money over time, but why not attack your biggest expenses head on for quicker results? We’re talking about your rent, which is likely eating up over 30 percent of your take-home pay. You can try to negotiate a better rate with your landlord, move to a cheaper location, or downsize — going from a two-bedroom to a one-bedroom can drop your rent by 25 to 30 percent, depending on where you live.

You could also bring in a roommate (or two). Sharing a home isn’t just for kids straight out of college anymore. In fact, the percentage of adults living with someone other than a spouse or partner continues to rise (32 percent nationwide in 2012; up from 26 percent in 2000, according to Zillow’s analysis of the latest Census Bureau data). Jump on the bandwagon and pocket the savings.

Automate savings contributions

This is a no-brainer: Tell your payroll department that you want a fixed amount automatically deducted from your paycheck and deposited into a designated savings account.

Start small. Most people can cut their income by 2 percent without even noticing, and the payoff over time can be significant.

Stash windfalls

The average tax refund in 2014 was $3,116; this year, it’s expected to rise to $3,295. And while it may be tempting to splurge, why not exercise some restraint and put your windfall into a designated down payment account? You’ll be happy you did.

Save less for retirement

This suggestion is certainly not the norm. And just to clarify, you should not raid your retirement account. But if you have a 401(k) employer match, and are already contributing the max (6 percent), consider stopping there and allocating additional cash toward your down payment — in a separate after-tax account.


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Spend the Summer Relaxing in This Charming Village Cottage | Bedford Corners Real Estate

Nothing to do but move your furniture in and start enjoying your weekends in this adorable shingled house. It’s been recently renovated—the 3.5 bathroomsare especially nice—and although the plot is fairly small at 0.22 acre, as is usual for the area, there’s a lawn, a gunite pool, separate garage, and a variance to build a pool house. The house itself isn’t huge at 2000sf, but there’s everything you need, with three bedrooms, separate dining room, and eat-in kitchen. And the in-town location means you can walk to shops, restaurants, the movies, whatever. Price is $2.35M, which is reasonable; the place last sold for $2.225M in 2007.


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Down to Earth Farmers Markets | Bedford Corners Real Estate


Pickle Licious Inspires Winter Cooking with Hearty Recipe;
4 Rotating Vendors Join Saturday’s Delicious Mamaroneck Market;
Ossining Market Hosts Children’s Storytime & Violin by Rachel Alexander

January 15-21, 2015

What’s New, In Season, and On Sale This Week
Beet & Goat Cheese Ravioli
Sourced from local farmers

Trotta Foods
Full Line of Both Gluten-Free &
Regular Breads & Baked Goods

Meredith’s Bread
Mamaroneck Winter Farmers Market

Please note there is no market scheduled on Saturday, January 24th due to an event at St. Thomas Episcopal Church. We will beOPEN this Saturday, January 17th, so let’s stock up on the delicious foods!

Ossining Winter Farmers Market

Thank you to everyone who visited the new indoor winter farmers market on Opening Day. We had a ball! Here are some of our favorite highlights from the day.
This Saturday, we welcome violin music by Rachel Alexander from 10 am to noon. Also, kids of all ages are invited to gather around for Storytime with Michael Baker and Eimer Mole from 9:30 am to 11:00 am.

Headed to the city? We have markets there, too.

For future events, visit our Down to Earth Markets Event Calendar.

Stay tuned to all market happenings via our Down to Earth Markets Facebook page
and follow us on Instagram and on Twitter @DowntoEarthMkts.

Fresh Sauerkraut, Turkey Sausage, & Potato Dinner Dish by Pickle Licious

Sauerkraut with turkey and potatoes

Fresh Sauerkraut, Turkey Sausage and Potato Dinner Dish

This comforting, one-pot meal takes a shortcut with Pickle Licious’ homemade Sauerkraut. Find them this Saturday at the indoor Ossining Winter Farmers Market. YUM.


  • 2 teaspoons extra-virgin olive oil split
  • 6 ounces ( 2 links) sweet Italian turkey sausage links sliced
  • 3/4 cup 1/2-inch diced red potatoes
  • 1 pint (2 cups) of Pickle Licious fresh sauerkraut
  • 1 small bulb fennel, quartered, cored and thinly sliced
  • 1 small onion, sliced
  • 1/2 teaspoon garlic powder
  • 1/2 teaspoon fennel seed
  • 1/2 teaspoon freshly ground pepper
  • 1/2 cup reduced-sodium chicken broth
  • 2 tablespoons white-wine vinegar
  • 1 1/2 teaspoons brown or whole-grain mustard


  1. Heat 1 teaspoon oil in a large skillet over medium-high heat. Add sausage and cook, turning often, until lightly browned, about 3 minutes. Transfer the sausage to a cutting board and slice into 1/2-inch pieces. (The sausage will not be thoroughly cooked, but it will continue cooking later.)
  2. Add the remaining 1 teaspoon oil to the pan and heat over medium heat. Add potatoes and cook, stirring occasionally, for 3 minutes. Add sauerkraut (drained without liquid), sliced fennel, onion, garlic powder, fennel seed and pepper. Cook, stirring often, until the sauerkraut has wilted slightly, about 3 minutes more.
  3. Add broth, vinegar and mustard. Stir to incorporate the mustard; bring to a simmer. Place the sausage on top of the sauerkraut; cover, reduce heat to medium-low and cook until the sausage is cooked through and the vegetables are tender, 7 to 10 minutes. Stir in chopped fennel fronds and serve.
Rotating* Vendors This Week
*Vendors who rotate through various markets during the season.
They enjoy getting to know many communities, and here’s where to find them this week:

Mamaroneck – Saturday, January 17th

Calcutta Kitchens
French Press Café (freshly-prepared crepes served warm)
Hudson River Apiaries
OM Champagne Tea (Small batch kombucha made with seasonal ingredients)

Ossining – Saturday, January 17th

OM Champagne Tea
Sisters Wicked Good Soap
Taiim Falafel Shack
Wave Hill Breads

The Employment Situation in December – Strong Finish to 2014 | Bedford Corners Real Estate

The Bureau of Labor Statistics (BLS) reported that payroll employment expanded by 252 thousand in December and the unemployment rate declined to 5.6 percent from 5.8 percent in November. Job gains in October and November were revised upward by a total of 50 thousand.

The employment gains in December brought the average monthly gain for 2014 to 246 thousand, up from 194 thousand in 2013. At 5.6 percent the unemployment rate is 1.1 percentage points below its December 2013 level and only slightly above what Federal Reserve policymakers consider normal (5.2 percent – 5.5 percent). One caveat is that the decline in the unemployment rate was dominated by labor force defections rather than job gains.

Other labor market measures were mixed for the month but better for the year. The labor force participation rate ticked down to 62.7 percent in December but has hovered between 62.7 percent and 62.9 percent since April. Average hourly earnings were down 5 cents for the month but up 1.7% for the year. The number of long term unemployed and part time workers were flat in December but down over the year.

These numbers represent steady progress in the labor market for the year. This progress will shift the focus at the Federal Reserve from labor market improvement to below target inflation (FOMC). Another implication is whether further declines in the unemployment rate will put upward pressure on earnings and/or improve conditions for long term unemployed and part time workers.


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