Tag Archives: Katonah NY Homes for Sale

Katonah NY Homes for Sale

Single family home sales fall 7.6% | Katonah Real Estate

United States New Home Sales  

Sales of new single-family houses in the United States fell 7.6 percent to a seasonally adjusted annual rate of 609,000 in August of 2016, better than market expectations of an 8.8 percent decline. Figures for the previous month were revised up by 5,000 to 659,000, the highest since 2007. New Home Sales in the United States averaged 652.45 Thousand from 1963 until 2016, reaching an all time high of 1389 Thousand in July of 2005 and a record low of 270 Thousand in February of 2011. New Home Sales in the United States is reported by the U.S. Census Bureau.

United States New Home Sales
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Housing starts up 12.36%, down in Northeast | Katonah Real Estate

New Housing Units Started

(Seasonally adj. at Annual Rate, in % Y/Y)

On May 2016 Total housing units starts were at seasonally adjusted annual rate of 1,164,000 units, an decrease of 8,000 units or -0.68 % from 1,172,000 units April 2016 and an increase of 12.36 % from 1,036,000 units May 2015.

New Housing Units Started
(Seasonally adj. at Annual Rate, in % Y/Y)
May 2016
April 2016
March 2016
Feb. 2016
Jan. 2016
Total 12.36 % 0.6 % 18.68 % 35.23 % 4.35 %
In structures Single-family units 12.35 % 8.21 % 21.84 % 42.5 % 11.19 %
In structures with 2 – 4 units 95.71 % 16.67 % -57.14 % 71.43 % 260 %
In structures with 5 units or more -2.09 % -12.85 % 17.42 % 19.87 % -11.61 %
Northeast -41.01 % -29.1 % 43.56 % 70.21 % 37.04 %
Midwest 33.56 % 12.65 % 21.43 % 117.53 % 0.65 %
South 23.84 % 18.23 % 8.43 % 19.07 % 9.87 %
West 6.72 % -18.69 % 29.85 % 29.71 % -15.75 %

US Housing starts flat | Katonah Real Estate

Housing Starts in the United States is expected to be 1163.61 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in the United States to stand at 1193.24 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1213.00 Thousand in 2020, according to our econometric models.

United States Housing Starts
Forecast Actual Q2/16 Q3/16 Q4/16 Q1/17 2020 Unit
Housing Starts 1164 1164 1175 1184 1193 1213 Thousand
United States Housing Starts Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Housing Starts using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States Housing Starts – was last predicted on Friday, June 17, 2016.
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Appreciating Homes Increased in Third Quarter | Katonah Real Estate

The number of homes nationwide gaining value on a monthly basis increased during the third quarter from 56.80 percent in July to 59.37 percent of all homes in September and the appreciation rate increased for the third straight month. However, the percentage of homes gaining value still trails the rate of 66.31 percent in September 2014, Allan Weiss, CEO of Weiss Analytics, reported

As more homes moved out of price stagnation (with annual value change within plus 1.5% to -1.5% per year) houses both appreciating and decreasing both increased.  The percentage of homes losing value rose during the quarter, from 23.40 percent in July to 26.37 percent in September.

Unlike reports based on listings or sales prices that cover only the 3 to 4 percent of homes that are sold every year, Weiss Analytics tracks actual values for all homes, using repeat sales indexes for nearly 45 million individual properties.  The Weiss index database makes it possible to provide highly accurate value trends for specific addresses and measure trends in change values on a hyper local level.  Weiss home value forecasts are widely used to determine owners’ equity, help home buyers make decisions and provide accurate forecasts of future value for lenders and investors.

“It’s too soon to know if the gain over the past three months will become a significant trend.  We are still seven points below the appreciation rate last year and the gap in depreciating homes has grown to more than 12 points—a cause for concern in many markets.  Moreover, trends in appreciation are reflecting significant regional differences.  Hotter markets in the West and Pacific States reflect rising prices and impact affordability in some markets.  Levels of appreciation found in markets like Trenton, Worcester and Allentown are falling at double digit rates,” said Allan Weiss, CEO of Weiss Analytics and former CEO of Case Shiller Weiss.


National Percentages of Appreciating and Depreciating Homes




September 2014

Total Appreciating





Total Depreciating





Selected Markets

The selected markets below illustrate the regional nature of appreciation trends today. Markets that enjoyed high rates of participation in rising values like San Francisco, Miami, Los Angeles and Denver have seen their participation rates drop dramatically.  Among these markers, only Phoenix has a higher rate than it did a year ago.



September 2014

September 2015

Denver-Aurora-Lakewood, CO



Seattle-Tacoma-Bellevue, WA



San Francisco-Oakland-Hayward, CA



Phoenix-Mesa-Scottsdale, AZ



Atlanta-Sandy Springs-Roswell, GA



Miami-Fort Lauderdale-West Palm Beach, FL



Los Angeles-Long Beach-Anaheim, CA



Chicago-Naperville-Elgin, IL-IN-WI



New York-Newark-Jersey City, NY-NJ-PA



Washington-Arlington-Alexandria, DC-VA-MD-WV



Top Performing Markets

In September Flint, MI led the nation in percentage of appreciating homes, reaching 100 percent of the properties in the Weiss Analytics database, a 39.3 percent improvement over a year ago.  Second was Reno, NV with 92.9 percent of homes appreciating. Portland was third with 96.3 percent.  Six of the ten markets are Western.


Metro Sep-14 Sep-15 Change
Flint, MI




Reno, NV




Portland-Vancouver-Hillsboro, OR-WA




Denver-Aurora-Lakewood, CO




Stockton-Lodi, CA




San Jose-Sunnyvale-Santa Clara, CA




Port St. Lucie, FL




Madison, WI




Seattle-Tacoma-Bellevue, WA




Palm Bay-Melbourne-Titusville, FL




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Building your root cellar | Katonah Real Estate

Make this root cellar by burying a new concrete septic tank into a hillside.
Illustration by Len Churchill


The cool, moist and dark conditions of a root cellar make it the perfect place to keep many fruits and vegetables crisp and delicious for weeks — even months — of storage. And while there are myriad ways to store vegetables, our innovative root cellar plans show you how to build a root cellar by modifying a new, precast concrete septic tank. By following the plans, you’ll cut an entrance, install a door, add a pair of vent pipes and cover the tank with soil to bring an old-fashioned, walk-in cellar into your modern life.

Choose a Concrete Septic Tank

You’ll want to buy an unused septic tank for this root cellar design, but look for a deal to avoid paying full price. A percentage of all precast concrete septic tanks end up with small manufacturing defects that prohibit them from being used for sewage treatment. Suppliers sometimes offer discounts on these flawed tanks. As long as the tank is solid and sound, a chipped edge or a patchable hole won’t prevent it from being a root cellar. You won’t need the plastic fittings or effluent filter found inside most septic tanks, so ask the supplier to remove these before delivery.

Tank size is another detail you’ll need to consider when planning how to build a root cellar from a septic tank. The capacity of septic tanks is measured in gallons, with different models being taller or shorter. While you might be tempted to buy a 1,000- or 1,200-gallon tank because they’re common, you’ll get more food storage space and headroom with a tank that’s 1,500 gallons or larger. Standard 1,500-gallon tanks typically measure about 5 1/2 feet wide by 5 1/2 feet tall by 10 feet long, while a 2,500-gallon tank provides more than 6 feet of interior headroom. Don’t choose a low-profile tank because it will be much too short to work in. Prices for new, undamaged 1,500-gallon tanks start at about $1,100, and 2,500-gallon models can be found for as low as $1,600. Discounts for damaged tanks may be as much as 50 percent.

Most septic tanks have an internal partition that must be opened or removed to build from these root cellar plans. Try to find a tank without a partition, or ask your supplier to remove it before delivery. You can also punch through the partition yourself as part of the doorway-cutting process.

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US Mortgage Apps surge 25% | Katonah Real Estate

Applications for U.S. house mortgages surged 25.5 percent in the week ended October 2nd, 2015, rebounding from a 6.7 percent fall in the previous period and posting the highest gain since-mid January as many applications were filled prior to the TILA-RESPA regulation took effect on October 3rd, introducing changes to the mortgage process. In addition, fixed 30-year mortgage rates averaged 3.99 percent, the lowest in five months. Refinancing applications soared 24.2 percent and purchase applications went up 27.4 percent. Mortgage Applications in the United States averaged 0.54 percent from 2007 until 2015, reaching an all time high of 49.10 percent in January of 2015 and a record low of -38.80 percent in January of 2009. Mortgage Applications in the United States is reported by the Mortgage Bankers Association of America.


Actual Previous Highest Lowest Dates Unit Frequency
25.50 -6.70 49.10 -38.80 2007 – 2015 percent Weekly
Mortgage Applications measure the change in the number of new applications for mortgages backed by the Mortgage Bankers Association during the reported week. Mortgage applications include both refinancing and home purchasing. This page provides – United States MBA Mortgage Applications – actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for – United States MBA Mortgage Applications – was last refreshed on Wednesday, October 7, 2015.
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Behold, the 15 Oldest Houses For Sale in NYC Right Now | #Katonah Real Estate

New York City may have nothing on Europe when it comes tohistoric architecture, but compared to the rest of the country, things here can be pretty darn old. The age between one building and the next on a New York City block can span a century, and to prove it, we’ve picked through the 15 oldest houses for sale in New York City right now with the help of StreetEasy. Here’s a hint about how old they get: the oldest house on this list is way older than Canada and lightbulbs, and was built the same year Thomas Jefferson died. Curious? Read your way through the list to find out just how old the oldest house on the market is.


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New Home Sales Surge | Katonah Real Estate

Builders signed contracts on more homes in February 2015 than any time since early 2008 according to the Census Bureau and HUD. February seasonally-adjusted annual new home sales topped out at 539,000, up 7.8% from a healthy 500,000 in January. Sales increased a whopping 153% in the Northeast region but that was a make-up from an overabundance of snow in January that slowed the rate of sales to its lowest level in the 43 year history of the series. Sales were up 10.1% in the South to the highest level since early 2008. Sales were down 6% in the West but back to the level established in the fourth quarter of 2014. The Midwest saw a slight softening in sales (down 12.9% monthly and 3.6% annually) but still within the range of sales in the fourth quarter of 2014.

Regional New Home Sales
Inventories dropped slightly to 210,000, which with the increased sales rate, dropped the month’s supply to 4.7 months. Builders were able to sell an increased share of their homes from inventory in December and January. Along with the rise in sales suggests an improved starts picture in the future.
Share of New Homes Sold While Under Construction

Prices rose 2.6% from last February to a median of $275,500. The shift is due to more sales at the upper end of the price spectrum as fewer first time buyers continue to push the only new sales more to the repeat buyer market. The share of homes sold for more than $500,000 increased from 11% in February 2014 to 15% in February 2015.


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WaterNest Floating Home | Katonah Real Estate

WaterNest 100 eco-friendly floating home

Meet the WaterNest 100 floating home. Designed by architect Giancarlo Zema and developed by EcoFloLife after years of research, the WaterNest is intended for use on any calm body of water and is built from materials that are 98% recyclable.

The 1000-square-foot floating pod-shaped home measures 40 feet in diameter and 14 feet tall. Its curved body is constructed from recycled glued laminated timber atop a recycled aluminum hull. It is self=powered by a roof mounted, 600 square foot solar display that generates 4 kW of electricity. The solar panels are framed by generously sized skylights on either side. Large windows and balconies wrap around the unit to give users to unobstructed views of the water. The glazing also lets in plenty of sunshine to light the interior.

WaterNest 2The developers created a “sophisticated system of internal natural micro-ventilation and air conditioning” to classify the building as a “low-consumption residential habitat.” The WaterNest 100 also features a flexible interior design that can be changed to suit different uses. If the owner doesn’t intend to use the unit as a home, the floating ecological pod could easily be reconfigured into an office space, lounge bar, restaurant, shop, or exhibition space.

On its website, EcoFloLife describes its mission as follows:

The world around us is becoming increasingly chaotic and conformist, requiring fully eco-friendly and recyclable housing units which allow us to live in complete independence and in harmony with nature while respecting and admiring it.

The ongoing climate changes and the resulting sea- and river-level rises force us to ponder on the eco-sustainability of our housing choices. EcoFloLife is committed on the topic of environmental sustainability with its floating and eco-friendly residential units.

The WaterNest 100 seems to embody that philosophy perfectly and is a truly inspired representation of what an environmentally friendly home of the future could look like.


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Billionaire Bachelor Pad with ‘Sex and the City’ Cred Asks $37M | Katonah Real Estate


Location: New York, New York
Price: $37,000,000
Billionaire investor and Pittsburgh Penguins’ co-owner Ron Burkle has put his triplex penthouse in NoHo on the market for$37M, and apart from being pretty jaw-dropping, the place has a very colorful history, as Curbed NY noted. When it was still the event space Sky Studios, it hosted Jerry Seinfeld’s wedding, a birthday party for Chelsea Clinton, and the shoot for that Sex and the City scene where Richard tries to convince Samantha he actually cares about her.

After purchasing the place in 2007 for $17M, Burkle ebarked on the kind of renovation you’d expect from a billionaire with a taste for historic architecture. Curbed NY has arun-down of the specifics, which include things like a “17th Century Dutch Tudor working fireplace” and a “hand carved backlit onyx bar,” as well as a great room with “cast-iron columns, custom wood-coffered and copper-leafed barrel vaulted ceilings.”

On the second floor, there’s a “glass-encased great room with soaring 17’+ ceilings,” which opens out onto a garden with a “sunken fire pit and custom water sculpture.” Up one more level, a bathroom with predictably great views connects to a heated outdoor swimming pool and a “yacht-inspired upper sundeck.” Together, monthly real estate taxes and maintenance fees are over $11K.


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