Tag Archives: Chappaqua NY

Chappaqua NY

Texas Real Estate Market Finishes 2013 Strong | Chappaqua NY Real Estate

 

The Texas real estate market finished 2013 strong, with continued year-over-year increases in sales volume and prices for single-family homes, according to the Texas Association of Realtors’ Texas Quarterly Housing Report released today.

“The Texas real estate market showed strength in sales volume and price all year long and the fourth quarter was no exception,” said Dan Hatfield, chairman of the Texas Association of Realtors. “We’ve now seen year-over-year increases in both sales volume and price every quarter for more than two years. This makes it clear – demand for Texas homes is strong and enduring.”

According to the Texas Quarterly Housing Report, 60,998 single-family homes were sold in Texas in the fourth quarter of 2013, which is 6.78 percent more than the same quarter of 2012. During the same time frame, the median price for Texas homes was $172,600, up 8.48 percent from 2012-Q4, and the average price was up 8.88 percent to $226,216.

Jim Gaines, Ph.D., economist with the Real Estate Center at Texas A&M University, explained, “One thing that is notable about the price increases seen in the fourth quarter is that they are relatively consistent across the state. Those increases are being seen in markets of every size, not just in the largest Texas markets, so that indicates broad-based appreciation for Texas real estate.”

This high demand continued to contribute to a shrinking inventory of homes in Texas. During the fourth quarter of 2013, the statewide inventory of homes decreased by one full month to 3.6 months. That figure is well below the 6.5 months that the Real Estate Center at Texas A&M University cites as a market balanced between supply and demand.

Read more here: http://www.heraldonline.com/2014/02/03/5639176/texas-real-estate-market-finishes.html#storylink=cpy

Dec. home prices see 11% annual rise | Chappaqua Real Estate

 

Home prices were up 11% in December year over year as 2013 marked the strongest year for home price gains since 2005, market watcher CoreLogic says.

Ten states and the District of Columbia reached new all-time price peaks, mostly in the second half of the year, CoreLogic says.

Home price gains this year are not expected to be as robust. Rising prices will attract more sellers, leading to an increased supply of homes on the market, and that will have a “moderating effect on prices,” says Mark Fleming, CoreLogic chief economist.

The 10 states hitting all-time price peaks tend to be ones with strong energy economies or places where the home price bubble didn’t inflate as much so prices fell less during the downturn.

The states are Texas, North Dakota, Nebraska, Vermont, South Dakota, Iowa, Colorado, Alaska, Oklahoma and Wyoming, CoreLogic’s data shows.

It’s hardly surprising that 2013 was the strongest year for home price gains since 2005. The historic housing bust took off in earnest in 2006 and it wasn’t until 2011 before prices started to recover in the first major markets.

Most economists see price growth slowing a lot this year, but the nagging question remains how much inventory will come on the market.

 

 

http://www.usatoday.com/story/money/business/2014/02/04/december-home-prices-corelogic/5189675/

5 Cities With the Fastest Rising Home Prices | Chappaqua NY Homes

 

According to the latest data, housing prices had their best November since 2005 according to the S&P/Case-Shiller Home Price Index.

Home prices generally dip downwards in November, and while the average home price fell by a fraction of a percent (0.1% to be exactly), the chairman of the Index Committee, David Blitzer, noted that even despite the dip, “November was a good month for home prices.”

The steady road to recovery Although home prices plummeted following the financial meltdown and subsequent bursting of the housing bubble, 2013 has marked a year where home prices have rebounded significantly. Through the end of September last year, the average home price in the U.S. grew by nearly 12% since January, and prices in the major 20 cities measured in the Case-Shiller Index grew by 13.5%.

While there was wide variation in the rate of that price growth, ranging from 6% to 25%, there were still encouraging signs in all cities as home prices rose, even despite the rising mortgage rates. It is also widely anticipated that home prices will rise in 2014, just at a slower rate than what was seen in 2013.

To see which cities have watched their prices rise the most this year, as well as the national trends, check out the infographic below.

 

http://www.fool.com/investing/general/2014/02/02/5-cities-with-the-fastest-rising-home-prices.aspx

Buyer’s agent builds blog audience by cutting Greenwich, Conn., down to size | Chappaqua Real Estate

 

Instead of singing the praises of his local market, Greenwich, Conn., buyer’s agent Christopher Fountain has built an audience for his blog, “For What It’s Worth,” by tearing it down.

“The essence of his complaint,” writes the New York Times’ Landon Thomas Jr. in a profile of Fountain, is that “decades of easy money and ceaseless greed have created a glut of unsalable houses that will remain a blight on his hometown for many years.”

Fountain catalogs residents’ “run-ins with the law, debt-fueled implosions or plain old bad taste,” Thomas says, winning a “cult following” among the very people he’s making fun of: “financial titans who can afford to plunk down $5 million or more on a house.” Source: New York Times.

– See more at: http://www.inman.com/wire/greenwich-conn-agent-nabs-attention-with-blog-that-lambastes-local-real-estate/?utm_source=20140127&utm_medium=email&utm_campaign=dailyheadlinespm#sthash.VtsefwpH.dpuf

Home prices spiked sharply last year in some neighborhoods | Chappaqua NY Homes

 

The median price of single-family homes sold in King County in 2013 hit $415,000, its highest in five years, as the local housing market’s recovery gained steam.

After tumbling to a seven-year low of $340,000 in 2011, the median rose 7 percent in 2012 and grew 14 percent more last year, according to data from the Northwest Multiple Listing Service. The median price means that half of homes sold for more, half for less.

But some areas in King County saw bigger spikes than others, according to a Seattle Times analysis of MLS data.

The Jovita/West Hill neighborhood in Auburn led all King County areas with a 29 percent increase in the median price, to $273,000.

Close behind, with 24 percent appreciation: Seattle’s Sodo/Beacon Hill area, also with a below-average median price of $320,000, and Bellevue’s neighborhoods west of Interstate 405, with the county’s highest median price: $1.3 million.

The smallest increases, from 3 to 6 percent, were in Central Seattle, Newcastle/Issaquah and North Seattle.

Despite the strong annual gains for homes, the median sales price for 2013 in nearly all areas of King County was still below its peak in 2007, when the housing bubble burst. But some places are close to recovering all the ground they lost.

 

http://seattletimes.com/html/businesstechnology/2022731968_homesales2013xml.html

‘Pay for what agents value, unless they’re wrong’ | Chappaqua NY Real Estate

 

Joseph “Joe” Rand has what he says is one “golden rule” to profitability, at least when it comes to expenses: Pay as little as possible, only for what your agents really value, and pay for nothing else — unless they’re wrong.

Rand is managing partner at Better Homes and Gardens Real Estate Rand Realty in the New York metro area. Last year, the firm generated about $45 million in revenue, Rand said.

He spoke to a roomful of his colleagues at Real Estate Connect New York City today in a session called “Survival War Room for Brokers.”

“If your business model is aligned with what your agents value, you’ll be just fine. It really depends on you being a good operator and executing on that,” Rand said.

But ”sometimes there’s a disconnect between what agents want and what they should want,” he added.

For instance, his brokerage used to pay for personal assistants for their most successful agents. But then the industry changed and the agents didn’t need those assistants as much, so the firm allowed the agents to spend that money on marketing.

 

 

– See more at: http://www.inman.com/2014/01/15/the-golden-rule-to-profitability-for-brokers/?utm_source=20140116&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.Gw830cZN.dpuf

Spike In Westchester Home Sales Is Good For Buyers And Sellers | Chappaqua NY Homes

 

Westchester home sales increased 21 percent in 2013 over the previous year, which has created a great environment for sellers, said Diane Cummins, president of the Hudson Gateway Association of Realtors (HGAR).

The White Plains-based group released its 2013 year-end home sales report this week. It showed 13,781 total sales in its coverage area, which includes Westchester, Putnam, Orange and Rockland counties. This is the highest number of sales since 2007, according to the report.

Among the four counties, Westchester only trailed Orange in increased sales over 2012.

“I think we’ve turned the corner,” Cummins said. “I think these numbers demonstrate a consistent growth pattern.”

Sales really picked up in the second and third quarters of the year. They slowed down somewhat in the fourth quarter, which is typical due to the weather and holidays, Cummins said. However, fourth quarter sales in 2013 were up 16 percent over 2012 and 34 percent over 2011, according to Joe Rand, managing partner of Better Homes and Gardens.

“That finished a really strong year. Sales came back in a really big way in 2013,” he said in a video.

With two years of increased home sales, prices are starting to follow, which Rand said usually trails home sales by one-to-two years.

 

http://chappaqua.dailyvoice.com/real-estate/spike-westchester-home-sales-good-buyers-and-sellers

6 Facebook Marketing Tips for Managing Your Facebook Page | Chappaqua Realtor

Wondering what works and what doesn’t for your Facebook page?

Or are you overwhelmed with all of the Facebook tactics you read about?

No matter how long you’ve had a Facebook page, it’s good to review some of the basics for creating a page for your business.

This article includes six simple tips that will make you a more effective admin and make your page more professional starting today.

#1: Check Your Wall-posting Preferences

Does your page get a lot of, ahem, critical commentary on its timeline? Or maybe just more than you have time to deal with easily? If so, it might be time to set your page’s Posting Ability tab so that only your page admins can post.

Here’s how: Choose Edit Page from your Admin panel. Then choose Edit Settings.

edit-facebook-settingsYou can add/remove admins directly from the Admin panel.

 

From there, edit the Posting Ability tab and decide if you want everyone to be able to post on your page, or if you want to allow only your page admins to post.

posting-ability

You can adjust the posting ability to fit your page’s needs.

While I normally advocate allowing open access to a page, and even leaving negative posts up so your customers and future customers can see how you deal with criticism, for some businesses it’s just simpler to let people message you privately if they have an issue. Setting to “Posts by Page Only” also prevents Facebook users from spamming you.

posting-ability-editYou’re able to choose to allow everyone to post to your page or limit posting.

#2: Use Insights to Determine What’s Working for Your Page

There are two basic types of Facebook page admins: Those who post based on hunches as to what motivates engagement, and those who look at Facebook’s Insights to see what actually drives engagement.

Checking Facebook Insights will help you give your fans what they want. For example, if you notice that the posts with images have better reach and engagement than those that are text only, try removing the images to see what happens.

Since Facebook is always messing with EdgeRank, it can seem like just when you have figured out the formula for engagement, something changes. Checking Insights will help you stay on track, no matter what algorithmic changes Facebook throws your way.

A few months back, Facebook did a complete overhaul of Facebook Insights and Jon Loomer wrote a nice article for Social Media Examiner that walks you through the latest features.

facebook-insightsFacebook Insights provide valuable information about the actions of your fans that can enhance your Facebook presence.

#3: Assign Admin Roles

Facebook allows five different administrator roles: manager, content creator, moderator, advertiser and insights analyst. Each role has different capabilities—only managers have the ability to change each admin’s role. Facebook makes all admins managers by default.

 

 

 

http://www.socialmediaexaminer.com/tips-for-a-successful-facebook-page/

Mobile Advertising Projected to Increase 64% in 2014 | Chappaqua NY Realtor

As our web presence expands, so does the advertising space. Agencies are using mobile and native advertising to catch consumers’ attention on a variety of online platforms.

Companies nearly tripled the amount of money spent on mobile advertising, from $1.2 billion in 2012 to $3 billion in 2013, according to LinkedIn Marketing Solutions. Roughly 65% of both ad agencies and marketers plan to invest in native advertising, for an estimated total of $4.3 billion, in 2014.

See also: 10 Tips for Improving Your Mobile Advertising Campaign

Social and mobile marketing go hand-in-hand, since at least 17% of the time people spend on their mobile devices is on a social network. It’s no wonder then that analysts predict mobile and social advertising will increase 64% and 47%, respectively.

Marketers are expected to spend nearly $47.6 billion on online ads alone in 2014, with $13.1 billion of that figure allocated for mobile ads.

http://mashable.com/2014/01/03/native-mobile-advertising/?utm_cid=Mash-Prod-RSS-Feedburner-All-Partial

5 Tips to Manage Snow & Ice This Winter | Chappaqua NY Homes

If it hasn’t already found its way to your home, it no doubt will. Winter is here, and if you live in a part of the country where snow and ice are likely — an increasingly larger swath of the country these days — then you’ll be shoveling, salting, deicing, scraping and blowing or throwing snow on your property soon. Here are 5 tips to help you prepare for whatever winter sends your way.

Man removing snow from a driveway

No. 1: Upgrade your snow shovel

There are a surprising number of snow shovel designs — including one that looks like a unicycle! Basic rules, however, apply. Don’t buy a snow shovel with a wide blade if your idea of a workout is watching a football game. A small scoop may lengthen snow removal sessions, but it will help save your back and keep your cardiologist happy. Choose a shovel with a securely fastened, comfortable D-shaped grip. Some models come with an auxiliary grip that reduces the need for you to bend your back, which can cause back strain. Look for a sturdy steel or wooden handle. The blade’s edge should be reinforced with galvanized steel.

Plow-style shovels or snow pushers, some of which come with wheels, allow users to push snow out of the way instead of lifting and tossing it. These are ideal for long, straight runs and for clearing decks. With blades up to 3 feet wide, however, strength and endurance are required.

No. 2: Buy a good windshield scraper

Treat yourself to the sturdiest scraper you can find. Cheap ones break when you need them most. Opt for one that includes a handle that’s at least 2 feet long and that has a brush or squeegee on one end. If your vehicle is large, get one that extends to 3 feet. The Thor ice scraper includes a squeegee and double scraper that removes ice on both the push and pull strokes. The stainless steel handle extends to 3 feet and includes an extra grip for improved leverage.

No. 3: Stock up on ice melter

The best ice melters contain magnesium chloride or calcium chloride. They melt ice at temperatures near 0 degrees Fahrenheit and are generally less harmful to the environment. Rock salt is slightly less expensive, but it melts ice more slowly, ceases to be effective below 20 degrees Fahrenheit, and may damage concrete, lawns and plantings. It may even be harmful to animals. That said, not all “green” melts are safe around pets (and wild animals), so look for a salt-free ice melter or a product that is made from magnesium chloride. Typically, such products will be labeled “pet friendly.” Sand or kitty litter, although not an ice melter, is useful for improving traction on icy surfaces too.

No. 4: Invest in a roof rake

If you’re plagued with ice dams, despite keeping your attic insulated and ventilated, consider a snow rake. Ice dams often form on roofs, such as a cathedral ceiling, under which there is no attic. Use the rake to remove snow buildup from the lower 3 or 4 feet of your roof, so that melting snow can drain off before ice dams have a chance to build up. Snow rakes are typically fitted with a 2-foot-wide blade that’s perpendicular to the handle. The handle may be telescoping or extendable with snap-on sections. Better models have wheels that protect roof shingles as you push and pull the rake. Handle lengths range from 15 to 22 feet. An innovative “rake” design that doesn’t fit the mold is called the Avalanche. Its blade cuts through snow accumulation instead of pulling or pushing it. As chunks of snow break loose, they slide to the ground on the plastic sheeting attached to the bottom of the blade.

If you’re too late in preventing an ice dam, and it’s beginning to back up and leak inside your home, it’s usually best to call a pro. Some homeowners, however, have had success tossing a pair of calcium chloride-filled pantyhose across the dam at 6-foot intervals. Ice melt tablets formulated for roofs may also be effective, depending upon temperature and your ability to safely place them near the ice dam.

No. 5: Consider a snow blower or thrower

Snow throwers and blowers are an attractive option if you live where average annual snowfalls reach 3 feet or if you are physically impaired. Otherwise, most people get by without them. The initial cost, maintenance, fuel and storage space required for such units is simply not worth it. Choose a snow thrower for small- and medium-size clearing, and a snow blower for larger areas. Snow throwers, also called single-stage snow throwers, are smaller both in width and vertical intake. They remove and throw the snow in one continuous motion. Snow blowers, also called two-stage snow blowers, scoop up snow with an auger that feeds it to an impeller. The impeller allows snow blowers to throw snow much farther than snow throwers.

For lighter-duty snow removal, consider an electric snow shovel or an electric snow thrower. The former are typically able to handle 4-inch depths; the latter can handle 10-inch depths. The nice thing about these machines is that maintenance is significantly reduced. Electric snow throwers are available both corded and cordless.