Daily Archives: February 26, 2013

Case-Schiller Reports Prices Up in 19 Markets, One Down, NYC | Chappaqua Real Estate

A dwindling supply of homes for sale is helping prices.

The Standard & Poor’s/Case-Shiller home price index for December shows home prices posted the biggest year-over-year increase last year in six years.

Boosted by decreasing inventory and increasing demand, the 20-city index shows prices rose 6.8% in 2012 compared to the year before with price hikes in 19 of 20 major cities tracked, according to the report released Tuesday. Only New York fell, down 0.5%.

On a monthly basis, the 20-city index gained 0.2% in December. Nine cities posted positive monthly gains in December.

The Case-Shiller national composite index, which covers all nine U.S. census divisions, posted a 7.3% gain in the fourth quarter over a year earlier”

http://www.usatoday.com/story/money/business/2013/02/26/case-shiller-home-pri…

Best Practices for Your Real Estate Web Site Home Page | Bedford Hills NY Realtor

Your Web site should be working for you 24 hours a day, 7 days a week, 365 days a year, capturing leads and marketing your brand. Your site should be helping consumers search for homes, find local market data, and get answers to some of their burning questions. And all of this can be handled on your Web site’s home page. Yes, really.

I’ve come up with a few best practices to consider for the home page of your real estate Web site, which will provide potential clients with a better overall online experience while boosting your credibility as a go-to resource in your market.

1. A full IDX search that is front and center

Make no mistake, consumers come to your Web site to search for listings. And they want to search all the listings — not just your or your office’s listings. Give them a full IDX search or don’t bother having a Web site. Keep your search obvious, as it should be the first thing the consumer sees on your home page. Offering a school district search, short sale and foreclosure search, and other advanced search filters would be nice as well.

2. Calls to action and contact forms

Say it with me: “The purpose of your Web site is to get more business.” If not, then why bother? Use calls to action to ask the consumer to take action on a specific item. Asking a Web visitor to “click here to view” some information will typically garner more clicks then just embedding the link in your text. Be sure to have contact forms (in addition to displaying your contact information) to entice visitors further. Ask them to make an appointment, get more information, sign up for local market data, get a CMA, and so on. These forms cannot be ignored – this is how a Web site viewer becomes a lead.

3. Clear and uncluttered layout (and nothing set to automatically play, please)

Always focus on the visitor experience when thinking about your home page design and layout. Be clear with your purpose and don’t overwhelm them with words. Remember that white space is okay. Avoid heavy code, as this will affect your page’s load times. Please (pretty please) do not have something automatically play when visitors land on your home page, such as music, a video, or a voice recording — you are outing the consumer when you do this and you’re likely to have them frantically searching for the mute button, or, worse, quickly bouncing from your site.

4. Fresh and useful content

Content is your not-so-secret weapon. The good news is, even though we know how important content is, most real estate professionals still are not providing fresh and useful information on their Web sites. What is useful content? Try to keep a local flair to a large part of what you post. Focus on the neighborhoods you work in (or want to work in) often. Talk about the local market statistics or events around town, spotlight a business, try a “man on the street” interview, or just showcase a subdivision or a section of a neighborhood. Nonlocalized content can be anything from real estate news to DIY projects and from FAQs to financing information. A mix of text, photos, and videos is ideal. Need ideas or fresh content that you don’t have to write or record? Check out HouseLogic from NAR at members.houselogic.com for free and shareable content. When in doubt, just ask. I recently had an agent call Zillow to see about reposting an article from the Zillow blog – they were cool with it provided she gave credit to the author and a link back. (Video screenshot courtesy of Stephanie Crawford, a REALTOR® in Nashville, Tenn. – www.NestingInNashville.com)

5. Add links to your content

Use links on your home page to provide the visitor with a deeper dive into your site. For your Web site to have value, set up your home page as the portal that allows users to easily move through to the internal pages of your site. This can be accomplished in two ways – have clear menus with obvious navigation and add in links to your existing home page content.

6. Use the video stick

These days, we prefer to watch our Internet rather than read it. Look at this shift as an opportunity. I know that many of you have already ventured into video by highlighting your listings and your community or maybe even creating a profile video. Embedded video or video that will play on the page is a big win right now. As video continues to rise in popularity, adding an embedded video or playlist is a great way to increase both traffic and the time visitors spend on a page as well as to build rapport with visitors. Videos make your home page stickier by keeping the visitors engaged for longer periods of time. If you have the right search engine optimization behind your videos, you can increase traffic to your site as well.

7. Social media HAS to be part of your Web strategy

By this, I mean more than just linking to your Facebook business page and LinkedIn profile. In fact, you might be better off downplaying those profiles so you don’t lose visitors to the social media suck. “Share this” buttons or a similar solution should be on all of your content pages, if possible, and woven throughout your site in a meaningful way. “Share this” is simple to set up and allows users to share your content on their network of choice. Use social media to drive traffic to your Web site – share your own content when you have a new post or page or if you just want to draw attention to a page on your site.

8. A word on SEO (or several words)…

Stop overthinking search engine optimization. Try to focus on your content above all else, and make a great experience for the consumer. I know that you have been taught that keywords and on-page SEO are important to a good search ranking – and they are, to a point. But don’t be keyword silly and pack your home page with the little gems. On-page SEO will only take you so far. If your site stinks, you might get the traffic from the on-page SEO, but you will lose the lead. For those who are link crammers … the same goes for you! If the experience stinks, you won’t get the business anyway.

So let’s review our best practices for your real estate Web site home page:

  1. Have a full IDX search, front and center
  2. Use calls to action and contact forms
  3. Be sure your design is clear and uncluttered
  4. Create or repurpose fresh and useful content
  5. Use links to drive them deeper
  6. Try the video stick
  7. Use social media to share and drive traffic
  8. Don’t overthink search engine optimization

Last but not least, remember, experience matters. Try to create a fantastic experience for your Web site visitor. There are lots of tricks to drive people to your site, but it’s another thing altogether to keep them there (and hopefully coming back). Don’t wait — begin optimizing your home page and get your Web site working for you today!

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Armonk NY releases Recreation Newsletter | Armonk Homes

Recreation Newsletter

 

 

 

February 25, 2013 

rec_header
Dear Robert,

 

The North Castle Recreation 2013 Spring Summer Brochure is now on the Town’s website.  You can view and print your own copy here. The tri-fold pamphlet which simply lists the programs in spring and summer has been mailed to all Town residents.  For a peak at the tri-fold click here.

 

Mail-in registration for all spring and summer programs, including Town day camps,  begins Monday, March 11.  Walk-in registration begins Monday, March 18.  Do not delay in registering as programs can get filled or cancelled.  Please call us if you have any questions, 273-3325.
Egg Hunt Eggstravaganza

 

Boys and girls, Pre-K through Grade 5, can participate in this fun and exciting springtime classic event.  Wear boots and bring a bag to collect your goodies!  Parents, please note that some toys are not recommended for children under 3 years old. 

 

Date:  Saturday, March 16 (rain date 3/23)

 

Times:

       10:30 AM sharp at Community Park, track field,

       205 Business Park Drive in Armonk.

      

        12:30 PM sharp at NC Community Center fields,

       10 Clove Road in North White Plains. 

  
New Spring Programs!

  

We are pleased to offer some new programs this spring for youth and adults.  In partnership with US Sports Institute, we have several options forpre-schoolers including “Parent and Me Total Sport Squirts” and “Parent and Me Soccer Squirts” for 2 and 3 year olds plus “Total Sport Squirts” and “Total Soccer Squirts” for ages 3, 4, and 5.  For a program flyer of offerings in North White Plains click here,and for a program flyer of Armonk area offerings  click here Registration begins March 11 and March 18, as noted above.  

  

Plus, for adults, we are adding a recreational soccer program to be held at the North Castle Community Center in North White Plains on Tuesday evenings.  For complete details, click here.  En Espanol, click here.   Registration is now being accepted. 
To Reach Us

  

If the North Castle Recreation staff can be of any assistance to you, please call us at 273-3325 or visit us at Hergenhan Recreation Center. In general, Recreation Office hours are weekdays 8:30 AM to 4:30 PM. We can also be reached by e-mail at  recreation@NorthCastleNY.com. 

Singapore to Raise Property Tax Rates for Luxury Homeowners | North Salem Real Estate

Singapore plans to raise taxes for luxury homeowners and investment properties, widening a four- year campaign to curb speculation after prices in Asia’s second- most expensive housing market rose to a record.

The higher tax will apply to the top 1 percent of homeowners who live in their own residences, or 12,000 properties, Singapore Finance Minister Tharman Shanmugaratnam said in his budget speech yesterday, without giving a definition of what constitutes a high-end home. The government will also raise tax rates for vacant investment properties or those that are rented out, he said.

Singapore joins Hong Kong in extending anti-speculation measures as low interest rates and capital inflows drive up demand and make housing unaffordable. Residential prices in Singapore climbed to a record in the fourth quarter as an increase in the number of millionaires drove up demand.

“The graduated property tax on luxury properties may impact investors, particularly corporates and high-net-worth investors,” Petra Blazkova, head of CBRE Research for Singapore and Southeast Asia said in a statement. “It may put pressure on the holding cost of investment properties held by developers and investors.”

The property index tracking 39 developers fell 1.2 percent to a one-month low at the close in Singapore. CapitaLand Ltd. (CAPL), Singapore’s biggest developer by assets, declined 1.5 percent to S$3.86. City Developments Ltd. (CIT), the second largest, slid 1.8 percent to S$11.15.

Hong Kong

Singapore’s latest efforts were announced three days after Hong Kong increased property taxes. The Hong Kong government last week doubled sales taxes on property costing more than HK$2 million ($258,000) and targeted commercial real estate for the first time as bubble risks spread in the world’s most expensive place to buy an apartment.

“The property tax is a wealth tax and is applied irrespective of whether lived in, vacant or rented out,” Shanmugaratnam said. “Those who live in the most expensive homes should pay more property tax than others.”

For a condominium occupied by the owner in Singapore’s central region with an assessed annual rental value of S$70,000 ($56,547), the tax will rise 5 percent to S$2,780, according to the budget statement. If that home is rented out, the tax will climb 21 percent to S$8,500, according to an example highlighted in the statement.

Based on a 3 percent rental yield, that property is worth S$2.3 million. Gains in levies for properties assessed at higher rental values will also increase at a faster pace, it said. For a house with an assessed rental value of S$150,000, worth S$5 million based on the same yield assumption, the tax will rise 60 percent to S$24,000. The revised taxes will take full effect from January 2015, according to the statement.

Singapore is Asia’s most-expensive housing market after Hong Kong, according to a Knight Frank LLP and Citi Private Bank report released last year that compared 63 locations globally.

‘Wealth Tax’

“It is a wealth tax,” Yee Jenn Jong, a non-elected member of parliament from the opposition Workers’ Party, told reporters. “There’s been a lot of people that have made a lot of money through property and the government is using that as a way to get additional revenue to offset certain goodies they’re giving to those in the lower income.”

Singapore has since 2009 imposed measures to cool the property market. The government last month said home buyers have to pay 5 percentage points to 7 percentage points more in stamp duties. It also imposed the added levies for permanent residents when they buy their first home, while Singaporeans will have to pay the tax starting with their second purchase.

Foreign Labor

In the budget, Singapore also tightened curbs on foreign labor for a fourth consecutive year, as the government seeks to reduce companies’ reliance on overseas workers amid a public backlash over the influx.

Increasing wealth in the island-state has contributed to rising property prices. Singapore’s millionaire households rose by 14 percent in 2011, according to a Boston Consulting study. The proportion of millionaire homes in the city of 5.3 million people was 17 percent, the highest in the world, followed by Qatar and Kuwait.

“From a progressive tax view point, it’s to be expected and probably quite fair,” said Tan Su Shan, managing director of wealth management at DBS Group Holdings Ltd., who’s also a nominated member of Parliament. “From a developers’ point of view, it’s yet another pill to swallow.”

To contact the reporters on this story: Pooja Thakur in Singapore at pthakur@bloomberg.net; Sharon Chen in Singapore at schen462@bloomberg.net

To contact the editor responsible for this story: Andreea Papuc at apapuc1@bloomberg.net