Daily Archives: October 12, 2012
Exciting News About Renewable Energy | Pound Ridge NY Realtor
8 Awesome Ways to Use Your Car to Shoot Great Video | Bedford Corners Realtor
A lot of times, amateur filmmakers forget the everyday objects and items they use everyday which can be used to enhance their videos. They are easy to overlook. After all, that rolling chair in your office couldn’t possibly be used as a dolly, could it? That’s for sitting and nothing else. Well, as it turns out, your car can be used for video, too, and it has even more mobility and versatility than even an office chair. With a hat tip to Ricardo at Wooshi, we thought we’d take a look at Derek Beck’s entertaining video called, “Drive-By Shooting: Using Your Car to Make Better Videos,” and break it down.
How to Use Your Car as a Video Production Tool
Derek Ward teams up with amateur filmmakers Neko Neko Productions to create this tutorial, and he writes out the instructions for each step. First, let’s take a look at the video:
What do they tell you first? Well, be careful. You’re driving your car around here. You need a clear road, and you need to drive with safety in mind, and sometimes, you’ll have a guy looking through a camera who might be in a precarious position. So don’t be stupid.
1. Using Your Car As A Dolly
– From the Trunk
The first shot we see is of Derek walking along towards the camera as it moves away from him. We see the camera operator sitting in the open trunk of the car as the car drives slowly. And the effect is simple, almost like they had a professional dolly track. They also show this vantage point being used for a slow-push “dramatic” shot.
– Out the Side Window, From the Backseat
Another vantage point is from one of the side windows of the car, with the camera on a tripod in the backseat. This method can capture side dolly shots of people slowly walking. What’s more, if you don’t have a tripod, they suggest using a bag of rice to keep the camera steady at the bottom part of the window frame.
– From the Front
The camera hangs outside one of the front windows and needs to be mounted safely so that it doesn’t fall out the window and crash to its death. The framing needs to be done so that the front of the car can’t be seen, just your subjects (unless, of course, you want people to know it’s in a car). With this vantage point, the camera can capture people running or another car or anything that might need speed to keep up with.
2. Audio Issues and How to Avoid Them
– Overdub the Dialogue
You may need to do some ADR (automated dialogue replacement), or overdub the dialogue in a more controlled environment, if you don’t want that car engine to be in the soundtrack. But, there’s another way:
– Get Out And Push
Turn the engine off, put it in neutral, and you can guide the car where you’d like. You’ll have to get a boom mike or something similar to hang outside the car to record the dialogue. Notice from here they’ve turned the car’s tires slightly so that when they push, the camera can slowly circle the subject.
3. Helicopter View Effect
If you happen to know a place where driving on an overpass can get you close and personal with the tops of buildings, you can add helicopter blades in post and it makes it look like you’re flying around the building, provided you keep any part of the car out of the frame, of course.
4. The Out-Of-Body Effect
There’s that effect where you see the main character in the center of the frame and no matter where he goes, he remains in the center. The effect is hard to pull off in a car, and in the description of this shot they say it’s probably easier to pull off in a truck.
5. Elevated Platform
If your car’s roof is sturdy enough, it can be used to get that perfect bird’s-eye view. Yeah, don’t try this when the car is in motion.
6. Fake Driving
By simply giving your subject something circular to hold onto and keeping your fake steering wheel out of the shot, you can safely shoot a person “driving” in the backseat of the car. Just keep the frame tight where only the actor’s head, arms, and the window are in view. With someone else actually driving, the car can be in motion and the subject doesn’t have to keep an extra careful eye on the road (although, the effect would be ruined if the subject just sits and talks to the camera the whole time).
7. Ditching Your Car Effect
This requires a couple of shots, then matching them later in editing. First, you’ve got to shoot the car driving past a certain point. Then, your subject, safely out of the car and on the far side of the road, will pretend to “jump” out by rolling and standing. In post, this requires matching similar frames from the first shot and the second shot to complete the effect. Selling the effect may require a separate shot of the actor opening the door from inside the moving car and pretending to jump out.
8. Pretending to Hit Someone with Your Car Effect
This requires some post-production reversing. Create a mark for where your subject is standing. Start with your actor in his “post-crash” state and slowly move the car backwards. When the car reaches the mark, the actor should slide off the hood and stand up. The car moves out of the frame. The way they did this effect here was they shot Derek saying a few words, then they matched a shot from the sequence they wanted to reverse, then sped up the reverse shot, making it look almost seamless.
By the way, if you want more amazing car stuff, Film Riot, unsurprisingly, has also made a few great videos involving cars, including “Driving In A Car Without Driving A Car:”
In that tutorial, they use three different methods to achieve this effect. Green screen, rear projection, and special effects lighting are all covered.
And that’s not all. They also have one where you can “Drive Fast Without Driving Fast,” which we actually broke down in this article.
With Derek and Neko Neko Productions’ tutorials, and the accompanying videos from Film Riot, you can do almost anything you want with cars, except, hopefully not wrecking them.
Community Building: How to Grow With the Power of People | Armonk Realtor
Community Building: How to Grow With the Power of People | Armonk Realtor
Pro football scores big for real estate | Mount Kisco NY Real Estate
“Football is the great American pastime, and the Super Bowl is like the last great American campfire,” said Bev Thorne, Century 21’s chief marketing officer.
. “This was an outgrowth of that.”
The question was this: What is the impact on a city when the hometown team does well or doesn’t do well? Century 21 looked at teams’ successes, population growth from census numbers, home value.
appreciation and attendance rates. And the correlation between on-the-field success and real estate prices was evident:
Four of the five cities with teams that went from a losing record in 2010 to a winning record in 2011 saw average home.
sales prices increase between 2010 and 2011.
After winning the Super Bowl, Green Bay, Wis., saw a population growth of 1.7 percent in 2011, compared with runner-up Pittsburgh’s 0.6 percent growth.
Going from a record of 10-6 in 2010 to 2-14 in 2011, Indianapolis, the home of the Colts, saw a 19.8 percent decrease in home sales.
Eight of the nine cities with a team that had attendance rates of 100 percent or more in 2011 saw average home sales prices rise that year.
The biggest surprise?
“I guess for me, that it played out exactly as we thought,” said Thorne, a Packers fan.
As for Tebow, after he was drafted by Denver in April 2010, that city’s home value index.
grew 1.46 percent. Since he was traded to the New York Jets in March 2012, New York City has seen its home value index grow 3.87 percent.
“There are 73 million other factors that impact New York,” Thorne said. “But we’re ascribing them to Tim Tebow.”
Real estate company Realogy jumps in market debut | North Salem NY Real Estate
The company’s stock jumped $7.20 to $34.20 on Thursday. It opened at $32.85.
Realogy Holdings said its IPO of 40 million shares priced at $27 per share, at the high end of the projected range of $23 to $27 per share.
The Parsippany, N.J., company, whose other brands include ERA and Sotheby’s International Realty, raised $1.08 billion from the offering. That makes it the third-largest U.S. IPO of the year, according to Renaissance Capital.
Realogy plans to use the proceeds it receives from the IPO, along with available cash, mostly to pay down debts. The company’s total debt was approximately $7.34 billion as of June 30.
After the market closed Thursday, the rating agency Standard & Poor’s raised Realogy’s credit grade one notch, from CCC to B, citing the company’s plans to pay off roughly $1 billion in outstanding debts.
Realogy, which is controlled by private equity firm Apollo Global Management, said in a filing with the Securities and Exchange Commission that it believes the residential real estate market is in the beginning of a recovery. The company said it sold 13 percent more homes during the first eight months of the year, compared with the same span in 2011.
Signs of a recovery are a welcome sight for Realogy, which saw its revenue drop $2.4 billion from 2006 through 2011 as the housing market faltered. The company said it worked during those lean years to reduce costs, which included making job cuts and consolidating or closing offices.
Realogy had about 15,000 employees at the beginning of 2006. By the end of 2011, it was down to approximately 10,400. The company also consolidated or closed 358 brokerage offices during that time.
Like many companies working their way back from the damage that the recession and housing market downturn inflicted, Realogy still needs to improve its financial performance. The company’s loss widened in 2011 mostly on high interest expense obligations, while its revenue was basically flat at $4.09 billion.
It is giving the underwriters a 30-day option to buy up to an additional 6 million shares, less underwriting discounts and commissions.
Realogy’s stock is trading under the “RLGY” ticker symbol.
Patch: Local Real Estate Market Shows Promise in Third Quarter | Cross River Real Estate
The residential real estate market in the Katonah-Lewisboro and Bedford Central school districts have shown signs of improvement in the third quarter, according to local realtors.
In the Bedford Central School district, 116 homes were sold in the third quarter of 2012, with a total volume of $105 million in sales, according to data provided by Houlihan Lawrence in Bedford.
The numbers are slightly higher than the previous quarter, when 112 homes were sold for a total volume of $97 million. Compared to the previous year, there were slight gains in home sales; in the third quarter of 2011, 112 homes were sold for a total volume of almost $136 million.
Angela Kessel, a top realtor at Houlihan Lawrence in Bedford, said she’s encouraged by the numbers and the fluctuation in sales volume can be explained by the diverse market in the district which includes high-end homes.
“I am cautiously optimistic,” said Kessel. “I think we’ve hit bottom—I’m very bullish on this market.”
In Katonah-Lewisboro, 69 homes were sold in the third quarter of 2012, with a total volume of $46 million in sales, according to data provided by Coldwell Banker. That’s a jump from second quarter when 47 homes were sold at a dollar volume of $36 million, and a year-over-year improvement from third quarter 2011, when 41 homes were sold for $30 million.
“The third quarter is stronger and after the unbelievable downturn we’ve had to now see such phenomenal movement in the market is amazing,” said Nelson Salazar, a real estate broker at Coldwell Banker.
While volume increased, prices have remained steady or dropped in both districts, but locals shouldn’t expect to see them rise to pre-2008 levels, he added.
According to Salazar, the median sale price in Katonah-Lewisboro was $624,000 in the third quarter of this year, compared to $653,000 last quarter, and $600,000 in third quarter 2011.
“Historically there has been a gradual rise in home prices—except for the years between 2000 and 2008, when there was a rocket-like artifical rise in price. It’s unrealistic to think that we’ll see that again,” he said.
In Bedford, the median home price in third quarter 2012 was $637,500, as compared to the previous quarter, when it was $677,500. In the third quarter of 2011 the median price was $776,875.
Westchester County
The county-wide market also saw a second round of increased residential real estate sales during the third quarter, July 1 to Sept. 30, of this year, according to Hudson Gateway Multiple Listing Service.
However, while sales volumes increased for two consecutive quarters, selling prices have not.
Highlights of the HGMLS report:
- Realtor firms participating in the Westchester-Putnam Division of the Hudson Gateway Multiple Listing Service reported 2,243 closed residential transactions in Westchester, a 15 percent increase over the same period last year.
- During the second quarter, the year-over-year increases were 13 percent and 24 percent respectively. For Westchester, the third quarter volume was the highest since 2007, and for Putnam, since 2008.
- If the current sales rate continues, Westchester will close the year with approximately 7,000 sales in all residential categories (single family houses, condominiums, cooperatives, and 2-4 family houses), resetting sales volume convincingly above the 6,639 unit level when our local market entered into real estate recession in 2008.
The increased sales volumes have not boosted selling prices.
The third quarter median sale price of a single family house in Westchester was $630,000 or nearly 8 percent less than last year’s third quarter median.
HGMLS attributes the lower average price in the region to sellers’ price concessions in response to general economic conditions but also partly to a downshift in the proportion of high end ($1 million-plus) properties that were sold. In Westchester, such properties accounted for 22 percent of all house sales in the third quarter; in 2011 that ratio was 26 percent, and in 2010 it was 28 percent.
The only sector to enjoy price gains was Westchester condominiums, up by 4 percent to a median of $349,750. The cooperative apartment median fell by 7 percent, to $155,000.
The closings posted with Hudson Gateway Multiple Listing Service in the third quarter largely reflected real estate sales and marketing activity that took place during the late spring and summer months of 2012. Other than low mortgage interest rates in that period there was not much supportive energy from other components of the economy that affect consumer confidence.
For example, the local unemployment rate has remained stuck in the high (for here) range of 7.5-7.6 percent range; and most consumers probably believe it is more than 8 percent due to the focus on that persistent national rate in the presidential election campaigns. The equity markets, which many consumers regard as an index of economic well-being, performed well over the course of this year, but with a pattern of volatility along the way that would intimidate all but sophisticated investors.
Still, posting two consecutive quarters of increased real estate sales in the region is encouraging because it occurred in the face of lackluster or even adverse economic circumstances, according to Hudson Gateway Multiple Listing Service.
“We are probably close to the point where buyers and sellers see eye to eye on the bottom line for prices, and where an increasingly active market generates its own energy for renewed health,” the organization’s latest report states.
California Leading U.S. Out of Housing Bust: Mortgages | Armonk NY Real Estate
Orange County
Orange County, home base for defunct subprime lender New Century Financial Corp., had the highest median price of the six Southern California counties in August, rising 6 percent from a year earlier to $445,000, according to DataQuick. San Francisco led northern counties, up 13 percent to $700,000.
Bulk-buying of foreclosure properties by firms such as Colony Capital LLC and Carrington Holding Co. LLC has soaked up some of the housing excess in inland counties, said O’Toole, of Discovery Bay, California-based Foreclosure Radar.com.
In Antioch and Vallejo in northern California, and Riverside in the south, homes that sold for $400,000 at the peak have been purchased for about $130,000 each and renovated for the rental market, Gary Beasley, managing director of Oakland, California-based Waypoint Real Estate Group LLC, said in an interview.
The mortgage industry, which lowered underwriting standards to increase loan volume and fuel price gains, used so-called robo-signers to handle the flood of foreclosures that followed.
Judicial Review
The country’s top banks, including JPMorgan Chase & Co. and Bank of America Corp., agreed to a $25 billion settlement in February after attorneys general in 49 of 50 states participated in a probe of fraudulent paperwork used to repossess homes.
Driving the recovery in California has been the relative speed it has worked through foreclosures, in part because home repossessions there don’t require judicial review as they do in about half of U.S. states, said Ivy Zelman, CEO of Zelman & Associates LLC. There are 24 non-judicial states, according to RealtyTrac.
A new California law that goes into effect Jan. 1 may make it harder for lenders to seize property, which could delay the clearing of distressed homes and a swifter statewide recovery, Blomquist, a RealtyTrac vice president, said in an interview.
“We’ve been seeing a downward trend in new defaults, while the market in California is gradually improving,” said Blomquist. “The danger is that the law will delay foreclosures in the short-term, and be followed by a spike down the road.”
Scaled Back
Investors may already be getting out of the market after California’s housing gains. Insight Capital Research Management Inc., which had $360 million under management as of June 30, has scaled back positions in homebuilders, including those with heavy California exposure, said Mike Ashton, portfolio manager with the Walnut Creek, California-based fund.
Even in the Vallejo/Fairfield metropolitan area, which had the highest U.S. foreclosure rate in September at one filing for every 202 households, California’s relative housing value is on display. The average foreclosure property there cost $187,939, compared with the U.S. average of $170,040, RealtyTrac said.
Second mortgages rebound as banks’ confidence in housing market seems to grow | Waccabuc NY Real Estate
If you have a pressing need to raise some cash, here’s some good news: Rising home values are encouraging lenders to revive a product that imploded during the housing bust years: second mortgages.
Researchers at Equifax, one of the three national credit bureaus, say total outstanding balances of residential second mortgages at banks rose in the latest month for the first time in nearly five years. Though the jump was relatively small — about three-tenths of 1 percent — analysts say any increase in the amount of second mortgages is a bellwether event, indicating that major lenders are showing growing confidence that the real estate market has finally made the turn to recovery. The Federal Reserve recently reported that American homeowners’ equity stakes rose by $406 billion during the second quarter — a 5.9 percent increase from the previous quarter — to
$7.28 trillion, the highest that figure has been since 2008.Second loans, which include fixed-payment mortgages as well as floating-rate home equity lines of credit, put the bank in second position in the event of a foreclosure. Say you have a house worth $250,000 with a $200,000 first mortgage and a $20,000 second mortgage. The proceeds of any foreclosure would initially be used to pay off the lender in the first position. Any remainder would pay off the holder of the second lien. Because lenders assume a “junior” position when they make a second loan, these mortgages are generally considered to be higher risk and carry higher interest rates and fees than a first.
Second loans can be used for a variety of purposes. Paying for kids’ college tuition, injecting capital into a small business, financing a home improvement and paying off credit-card debts are among the most popular.
Equifax, which receives information from virtually every major bank and mortgage lender, compiles data on a variety of loan products. In its latest National Consumer Credit Trends study, it found that home equity lending appears to be rebounding fastest in New Mexico and California, where outstanding balances jumped by 2.3 percent, along with Nevada (2.1 percent), Colorado (2 percent) and Florida (1.6 percent).
In an interview, Equifax chief economist Amy Crews Cutts said increases in equity lending “are really a healthy sign” for the economy overall because in the years following the housing bust, many banks had little confidence that home prices were stable enough to lend against in second position.
Now when Cutts speaks with bankers, she finds them “pretty willing to do [second] loans when their customers need them — they’re much more open” than they’ve been in years. Though underwriting standards are tougher than they once were, banks are lending again, and they are experiencing smaller losses. In the most recent study, Cutts said, second-mortgage write-off rates fell to just
2.7 percent, the lowest they’ve been since February of 2008.Matt Potere, home equity executive for Bank of America, called second loans “an important element” in his company’s “customer-relationship strategy” and said that “we expect growth to occur as market conditions continue to improve.” James Chessen, chief economist for the American Bankers Association, agrees that “it’s good news that finally there’s some upward movement” in home equity lending, but he isn’t yet convinced that it’s a long-term trend, in large part because of slow job growth and uncertainty about the economy. Also, notwithstanding Equifax’s finding that write-offs are down, Chessen’s own surveys indicate that delinquencies on home equity loans rose from 4 percent to 4.09 percent in the latest quarter.
Rate quotes and terms on home equity loans appear to reflect some of that uncertainty. A quick look at quotes on Oct. 5 at Bankrate.com showed that depending on the way banks perceive local markets, rates can vary significantly. For example, in suburban Maryland, Bank of America offers a $75,000 second mortgage at 6.34 percent, assuming the borrowers have FICO credit scores in the 700 to 850 range — good to excellent — and a total loan-to-value ratio no higher than 80 percent. In the Los Angeles County city of Hawthorne, by contrast, a loan of the same size with the same criteria comes with a 7.24 percent rate.
So be aware that while lenders are more willing to extend home equity credit, rates can vary — sometimes from as low as the mid-4 percent range to the mid-8s — depending upon the location of the house, loan size and your credit score.







