Tag Archives: Pound Ridge Luxury Homes

America’s Most Violent (and Most Peaceful) States | Pound Ridge Real Estate

While violent crime rates in the country have fallen steadily over the past several decades, the United States is still one of the less peaceful nations in the world. According to the Global Peace Index 2015 report, the United States ranked 94th out of 162 countries. However, the peacefulness of American communities varies considerably within states.
Following the example of the Peace Index, 24/7 Wall St. generated an index to rank the peacefulness of each state in the nation. States with high violent crime and homicide rates, as well as high estimated small arms ownership and high incarceration rates were identified as less peaceful, while states with lower incidence of these factors were more peaceful. According to our index, Maine is the most peaceful state, while Louisiana is the least peaceful.

Click here to see the least peaceful states in America.

Click here to see the most peaceful states in America.

In an interview with 24/7 Wall St., Aubrey Fox, executive director of the U.S. office at the Institute of Economics and Peace, said, “A perfectly peaceful place would be a place where there is no violence and no fear of violence.” He explained this would be a place with no crime, no police spending, a strong government, and a healthy economy.

According to Fox, one of the largest drags on peacefulness in the country and in individual states has been the high levels of homicide and incarceration. Only three of the 10 least peaceful states had incarceration rates that did not exceed the national rate of 498.1 per 100,000 Americans. In all of the most peaceful states, incarceration rates were well below the national figure.

5 Drivers of Peace

Less peaceful states needed to have relatively large police forces. The ratio of law enforcement employees to state residents exceeded the national proportion of 285.5 law enforcement workers per 100,000 Americans in eight of the 10 least peaceful states, while all of the most peaceful states had proportionately small police forces.

There are two ways to look at the relationship between peace and enforcement, Fox explained. While the perfectly peaceful community would have zero police officers, communities need to invest in policing to deal with local threats and lower crime. However, “There is typically a point at which you get less return on your investment,” Fox said.

Fox gave an example of a community with crime at a 50-year low, but where police are spending seven times as much to keep it that way. “We really need to ask how much of a lost opportunity cost is that?” Fox argued. In fact, U.S. crime levels are at their lowest level since 1972. Police spending was far lower at that time, however, according to Fox.

The connection is far from well-understood, however. Crime continued to drop in the U.S. during the most recent economic downturn, for example. During the downturn, police spending fell dramatically.

Still, economic costs add up the less peaceful a community becomes, and poor socioeconomic climates can lead to less peacefulness. “Being poor or having less access to resources does put you on a path that is less peaceful,” Fox said.

The manner in which these factors lead to violence, however, is very difficult to establish empirically. John Roman, senior fellow at the Urban Institute, an economic and social policy think tank, said, “The biggest predictor of whether there’s violence is dense clusters of unskilled young men.” He went on to explain that poor socioeconomic factors such as low educational attainment, high poverty rates, and high unemployment all lead to more violence by contributing to higher numbers of unskilled young males.

Read more: America’s Most Violent (and Most Peaceful) States – 24/7 Wall St. http://247wallst.com/special-report/2015/07/15/americas-most-violent-and-most-peaceful-states/#ixzz3gRvMfKQT

Living Large in Small Spaces | #PoundRidge #RealEstate

Five hundred square feet might not sound like much, but as rents clearly show, in some markets that’s a coveted amount of real estate. In other places, it’s plenty of space to rest your head and grab a bite after a day in the woods or on the water. And in many areas, it’s the right size for a reasonable mortgage.

Here’s how it looks to live in 500 or fewer square feet around the country:

Lahaina, HI

3543 Lower Honoapiilani Rd #D206, Lahaina, HI
For sale: $365,500
Size: 454 square feet

Lahaina, HI

This studio offers rich living on a budget in Maui — complete with the use of two pools, two clubhouses, two Jacuzzis and two putting greens, all surrounded by lush landscaping.

See more listings in Lahaina.

Boston, MA

12 Melrose St APT 3, Boston, MA
For sale: $379,000
Size: 415 square feet

Boston MA

Just steps from Boston Common, this 1-bedroom, 1-bath home has hardwood floors, a sunny kitchen and a private deck.

View more homes for sale in Boston, MA.

Semora, NC

186 Munday Oakley Rd, Semora, NC
For sale: $380,000
Size: 500 square feet

Semora, NC

More than 200 feet of lakeshore and a two-slip boat dock come with this cottage near the North Carolina-Virginia border. The home’s large windows offer views of the lake and 1-acre lot.

See more homes on the market in Semora, NC.

Crawford, CO

38618 Fruitland Mesa Rd, Crawford, CO
For sale: $329,000
Size: 468 square feet

Crawford, CO

The great wide open beckons to whoever sleeps in this 468-square-foot cabin on the edge of a canyon between Aspen and Telluride. Situated on 40 acres amid mountains and valleys, the home features an aspen tongue-and-groove ceiling, built-in bookcases and electricity from charged batteries. There’s no bathroom, but a quaint outhouse was just built.

Check out more homes listed in Crawford, CO.

Remodelers Remain Confident About Improving Market | Pound Ridge Real Estate

 

NAHB’s Remodeling Market Index (RMI) was 57 in the first quarter of 2015, off the historic high point of 60 at the end of 2014, but still above the key break-even point of 50. The RMI and each of its components lies on a scale of 0 to 100, where a number above 50 indicates that more remodelers report the market has improved than report it has gotten worse.

RMI 15Q1 chart

The overall RMI averages ratings of current remodeling conditions with indicators of future activity.  Overall, current market conditions declined two points to 58, although smaller jobs continued to show strength: the maintenance and repair component of the RMI increased four points to 64—an all time high since the inception of the survey in 2001.

The index of future market indicators also declined, from 60 to 55, in the first quarter.  All four of its subcomponents—calls for bids, amount of work committed for the next three months, backlog of jobs and appointments for proposals—declined but remained significantly above 50.

RMI 15Q1 table

The indices above 50 mean that remodelers on balance remain positive about the improving market.  The declines off fourth quarter peaks mean the positive outlook is not quite as widespread as it was at the end of last year.  A shortage of labor in key trades is one factor restraining remodelers’ optimism.  Another may be the harsh weather that struck many parts of the country during the first quarter of 2015, although this would have necessitated repairs and tended to have a positive effect on the RMI’s maintenance and repair component.

 

read more…

 

http://eyeonhousing.org/2015/04/rmi-edges-down-but-remodelers-remain-confident-about-improving-market/

AD&C Loan Volume Grew 2.3% at End of 2014 | Pound Ridge Real Estate

Posting the seventh consecutive quarter of growth, the volume of residential AD&C loans outstanding expanded 2.3% for the final quarter of 2014.

The tight availability of acquisition, development and construction (AD&C) loans has been a factor holding back a stronger rebound in home construction. However, the stock of residential AD&C loans has been rising over the last two years.

According to data from the FDIC and NAHB analysis, the outstanding stock of 1-4 unit residential AD&C loans made by FDIC-insured institutions rose by $1.158 billion during the fourth quarter of 2014, a quarterly increase of 2.32%.

On a year-over-year basis, the stock of residential AD&C loans is up 17% from the final quarter of 2013.

4q FDIC ADC data

Since the first quarter of 2013, the stock of outstanding home building AD&C loans has grown by 25.5%, an increase of $10.4 billion.

It is worth noting the FDIC data represent only the stock of loans, not changes in the underlying flows, so it is an imperfect data source. Nonetheless, the consistent growth in the outstanding stock of AD&C loans is a positive development. NAHB surveys of builders also suggest improving lending conditions.

However, lending remains much reduced from years past. The current stock of existing residential AD&C loans of $51.2 billion now stands 74.9% lower than the peak level of AD&C lending of $203.8 billion reached during the first quarter of 2008.

The FDIC data reveal that the total decline from peak lending for home building AD&C loans continues to exceed that of other AD&C loans (nonresidential, land development, and multifamily). Such forms of AD&C lending are off a smaller 57% from peak lending. This class of AD&C loans has now registered six quarters of increases (3.76% for the fourth quarter of 2014).

 

read more…

 

http://eyeonhousing.org/2015/02/adc-loan-growth/

Teatown Lake Reservation update | #PoundRidge #RealEstate

 

December 10, 2014                                                          Like us on Facebook Follow us on Twitter Find us on Pinterest  View our videos on YouTubenull
holiday08
PROGRAMS:
Advanced Registration is required for all programs. Unless noted, all programs meet in the Nature Center and are $7 per person or FREE for members. Please register by calling (914) 762-2912 ext. 110. 

Decorate a Tree for Wildlife
Saturday, December 13
10 am – 11:30 am
Join us for a Teatown holiday tradition that celebrates nature’s gifts. We’ll decorate a tree with goodies for the birds, squirrels and other wildlife.

Pre-Count Bird Survey
Wednesday, December 17
9 am – 11 am
Meet in the Teatown parking lot to carpool to local birding hot-spots with Charlie Roberto as we conduct a pre-Christmas bird count survey. Free.

Visit Teatown
Teatown Discovers 

a Cure


Click here to help fight Nature Deficit Disorder

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Holiday Birthday 

Party Special

Book a party and invite a friend to book a party and each save $25 on the booking fee. Parties may be scheduled for any date but must be booked before December 15.

Please call 914-762-2912, 110 to book your party.

____________________________


Shopping on Amazon this

holiday season?

Your purchases can

help Teatown!

Click here for info.

___________________

APellegrino

1600 Spring Valley Road
Ossining, NY 10562
914-762-2912

 

Teatown Lake Reservation’s
mission is to inspire our community to lifelong environmental stewardship.
Nature Center hours:
9 am – 5 pm daily
Trails are open 365 days a year from dawn to dusk.
Click here for Teatown membership benefits, details,
and to purchase or renew
your membership online.

Your donation can make

an immediate impact and help

support our environmental education programs and the stewardship of our 1,000 acre preserve.

Upcoming Events and Workshops:

Christmas Bird Count
Saturday, December 20
8 am – 9:30 am
Celebrate nature this holiday season by helping Teatown educators in this important census to count wintering birds. The information gathered is compiled and sent to National Audubon which uses the information to monitor trends in populations and other conservation issues that impact avian health. Free. Dress for the weather, bring binoculars and wear hiking boots.

Whoo Loves Winter?
Saturday, December 27
10 am – 11:30 am
Now is the time when great-horned owls begin to pair up and call for their mates. By mid-winter the females are sitting on eggs with snow falling on their heads. Come learn about these nocturnal winter-loving top predators, and meet one of Teatown’s great-horned owls.

Last Hike of the Year
Sunday, December 28
10 am – 11:30 am
Let’s see out the old year and welcome in the new with an invigorating hike up Teatown Hill. Dress for the weather and wear hiking boots. This hike is intended for adults only. 
In the Nature Center Gallery:

 

Ceramic Plates & Sculpture 

by Barbara Krohn


On exhibit December 2014

Ms. Krohn and her family have long standing connections to Teatown and we are very pleased to be hosting an exhibit of her recent works.

 

Click here for more info.

Teatown Highlight:

Experience! Nature
Teatown is proud to launch Experience! Nature an after-school enrichment program for Sleepy Hollow Middle School students focused on place-based learning at Peabody Preserve (a recently opened 39-acre, outdoor classroom owned by the school district and located in Sleepy Hollow). Our partners in this program include the Tarrytown Union Free School District, the Jacob Burns Film Center, Family Services of Westchester and the Friends of Peabody Preserve.

 

Experience! Nature is a journey of exploration and discovery, engaging students’ natural curiosity and awakening their innate ability to connect to the world around them.  Teatown educators will serve as mentors and teachers, guiding students to learn about the natural world and the environmental impacts they make where they live, while gaining insight about themselves and their relationships with their peers.

 

Media partner JBFC will collaborate with Teatown’s  educators and students to produce a dual-language, digital field guide to the Peabody Preserve.   The field guide will be easily accessible as a resource for the entire community.  Regular field trips in all seasons, led by Teatown to the Preserve will enable students to connect with nature, learn ecological concepts improving their ecological literacy as well as their English language skills.

Holi-daze Mini-Camp
December 29, 30, 31
The holidays are coming: when school is out and nature is in! Come for a day, or two or more of fun in the outdoors. There will be hiking, crafts, and enough adventure to keep your child  busy and active throughout the holiday season.

Like us on Facebook Follow us on Twitter Find us on Pinterest   View our videos on YouTubenull

Corcoran Group Realtor going to jail | Pound Ridge Real Estate

A Manhattan real estate broker will spend the next three to nine years of his life in jail after he was found guilty of burglarizing a $7.6 million townhouse on the Upper West Side.

So how did he choose his target? He was the broker who handled the sale of the house.

David Kim, formerly of the Corcoran Group, sold the five-story townhouse to art deal Tina Kim and her husband, Jae Chung, in December 2012 for $7.6 million.

He then returned to the home approximately eight months later while the couple was vacationing in the Hamptons and stole more than $500,000 worth of luxury goods, according to a report in the New York Post.

How’d Kim get into the house? Turns out they’d never changed the locks.

From an earlier New York Post report:

Tina Kim’s family, which employs a maid, nanny and personal driver, never changed the locks on the doors, allowing the agent allegedly to slip inside the home and steal their pricey possessions, including rare statues and portraits.

According a new report from the Post, David Kim plead guilty to grand larceny, criminal possession of stolen property, forgery and two counts of identity theft in September as part of a plea deal and was sentenced to three to nine years in jail on Monday.

According to an earlier report from the Post, David Kim made repeated trips to the home over a 72-hour period, reportedly walking away with Louis Vuitton accessories, a Gucci wallet, a crystal pen, an Hermès passport holder, electronics and artwork.

 

read more….

 

http://www.housingwire.com/articles/32175-nyc-broker-jailed-for-burglarizing-76-million-home-he-sold

 

Mortgage Rates Move Higher for Second Consecutive Week | Pound Ridge Real Estate

 

Fredie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher for the second consecutive week amid better than expected economic data. This 30-year fixed-rate mortgage also rose above 4 percent for the first time in three weeks.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.02 percent with an average 0.5 point for the week ending November 6, 2014, up from last week when it averaged 3.98 percent. A year ago at this time, the 30-year FRM averaged 4.16 percent.
  • 15-year FRM this week averaged 3.21 percent with an average 0.5 point, up from last week when it averaged 3.13 percent. A year ago at this time, the 15-year FRM averaged 3.27 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.97 percent this week with an average 0.5 point, up from last week when it averaged 2.94 percent. A year ago, the 5-year ARM averaged 2.96 percent.
  • 1-year Treasury-indexed ARM averaged 2.45 percent this week with an average 0.4 point, up from last week when it averaged 2.43 percent. At this time last year, the 1-year ARM averaged 2.61 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for theRegional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Quotes
Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

“Mortgage rates continued to rise this week with the 30-year fixed-rate mortgage eclipsing the 4 percent mark. The rate increases coincide with real GDP beating consensus expectations of 3.0 percent growth by growing at an annualized rate of 3.5 percent in the third quarter. The ISM Manufacturing Index also beat expectations registering 59 in October, up from September’s reading of 56.6.”

 

read more….