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Down to Earth Markets in Chappaqua | Chappaqua Homes
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Daily Archives: September 6, 2013
5 unexpectedly hot housing markets | Waccabuc Real Estate
Five housing markets in which home prices, building permits and employment growth have increased at impressive rates since their troughs between 2007 and 2011 are not all found in warm, sunny locales, according to the NAHB/First American Improving Markets Index (IMI).
The five markets, in which home prices have gained an average 28.4 percent since their recent bottom, permits are up an average 17.8 percent, and employment has increased an average 12.8 percent, are:
Phoenix, Ariz.
Odessa, Texas
Bismarck, N.D.
Boise, Idaho
Detroit, Mich.
Source: InvestingAnswers – See more at: http://www.inman.com/wire/5-unexpectedly-hot-housing-markets/#sthash.dGyrV7Uk.dpuf
Mount Kisco’s Farm Closes Its Doors For Good | Mt Kisco Real Estate
A Mount Kisco institution formally closed its doors this week.
The Farm, located at 21 S. Moger Ave., announced in mid-July it was closing, after being in business for more than 25 years. The store was a a popular destination for Mount Kisco residents and also people in Pleasantville, Chappaqua and Bedford.
The Kim family, which owned the store, blamed the economic recession for the closure.
“We’ve experienced big drop-off every year since the recession,” George Kim said back when the closure was first announced. “Business has simply not been good. There’s no other reason to it.”
Kim said the store had experienced drops in business before, but has usually recovered. Kim said he will miss his customers the most.
“It’s sad we are closing,” Kim said. “People are upset we are leaving. We feel we have been a small part of their families.”
Kim remembers meeting some of his customers as children and then watching them grow up, get married and have their own children.
Kim said other factors including inadequate parking and not enough attractions in Mount Kisco led to the closure.
“There are 17 banks in the village,” Kim said. “Why do we need so many? That doesn’t really draw customers into town.”
Skyrocketing rent costs and other expenses, along with competition from supermarkets, have made it almost impossible for mom and pop fruit stands to compete, Kim said. He also noticed people are just not cooking as much.
“Mom and dad, once their kids leave the house, prefer to go out to dinner,” Kim said. “We can’t keep raising our prices. You can only raise prices so much for certain things.”
Kim said Mount Kisco used to be a nice town, but over the last 20 years, it has changed, with small businesses getting squeezed out.
“Every time there’s an empty space, a bank goes in,” Kim said. “They are the only ones willing to pay all that rent.”
Despite being forced to go out of business, Kim said he will miss Mount Kisco and its people.
read more…
End of an era: NAR’s legal champion to retire | Bedford Corners Real Estate
Laurie Janik, the National Association of Realtors’ chief legal champion, is generally considered a straight shooter: Ask her a question and you get the kind of clear, informed answer that has endeared her to many Realtors.
But inquire how many hours she works a week and she’s not so forthcoming.“I’m not giving you that figure,” Janik said. “Ralph will quit before he starts.
It’s an all-consuming job.” “Ralph” would be Ralph Holmen, NAR’s assistant general counsel, who will take over as the trade group’s general counsel when Janik retires Nov. 30. At age 59, Janik has spent nearly two-thirds of her life — and nearly all of her career — working for NAR.
She joined the association as a law clerk in 1977 and became its general counsel in 1987. For many Realtors, she is the only NAR general counsel they have ever known.
read more…
http://www.inman.com/2013/08/29/end-of-an-era-nars-legal-champion-to-retire/#sthash.UTrdO9Ow.dpuf
Westchester’s Bee-Line Buses Begin Fall Schedule Monday | Armonk Real Estate
WESTCHESTER COUNTY, N.Y. — There are still a few more weeks in summer, but Bee- Line Buses will change to their fall schedules on Sept. 2.
Here is a list of changes to area schedules:
Route 1
A weekday northbound 7:19 a.m. trip from the 242nd St. subway station in the Bronx to the Yonkers-Hastings border will be added.
Route 1X
A weekday northbound 7:45 a.m. trip from the 242nd St. subway station in the Bronx to the Westchester Medical Center in Valhalla will be added.
Route 8
The weekday northbound 7:38 a.m. trip from Getty Square will be discontinued.
The weekday northbound 2:40 p.m. trip from Central Park Avenue and Tuckahoe Road to Valentine Lane and Riverdale Avenue in Yonkers will be discontinued.
There will be a minor weekday afternoon schedule adjustment.
Route 13
The Sunday eastbound 6:55 p.m. trip will depart 5 minutes earlier at 6:50 p.m. from Ossining.
Route 45
The weekday 3:20 p.m. trips will leave 10 minutes earlier at 3:10 p.m. from New Rochelle High School.
The weekday southbound 3:18 p.m. trip will leave 3 minutes earlier at 3:15 p.m. from Mill Road and White Plains Road in Eastchester.
A weekday southbound 3:10 p.m. trip from New Rochelle High School to Pelham Road and Pelhamdale Avenue will be added.
Route 55
A weekday southbound 7:03 a.m. trip from N. 3rd Avenue will be added at the Dyer Avenue subway station in the Bronx will be added.
NOTE: On Sept. 2 ( Labor Day), buses and ParaTransit will operate on a Sunday schedule.
On Tuesday, Sept. 3, seasonal service to Playland will be discontinued on Routes 13, 75 and 91.
For further details, visit the Bee-Line System website at www.westchestergov.com/beelinebus. Or call the Bee-Line Hotline at 914-813-7777, Monday through Friday, 8 a.m. to 4 p.m
2013 elections: Who is running in Westchester, Rockland, Putnam | Cross River Real Estate
With petitions submitted for independent lines for local office last week, the lists of candidates in Rockland, Putnam and Westchester are nearly complete. The Sept. 10 primary will put the final stamp on who is running in November.
Below are the candidate lists for each county (only primary candidates in Putnam):
Westchester – all candidates (unofficial):
Rockland primary and general election candidates:
https://rocklandgov.com/files/8813/7692/0033/2013_Primary_candidate_list.pdf
Putnam primary candidates:
Bedford Fire Department Will Entertain With ‘Fire On The Green’ | Bedford Real Estate
The Bedford Fire Department is getting ready for its “Fire On the Green 2013” event.
The celebration will be from 3-8 p.m., Sept. 7 on the Village Green.
This year’s event will have music from The School of Rock Music, Mighty Joe Band and The Three Track Mind Band. There also will be food/beverages, carnival games, live fire/safety demonstrations, a caricature artist and much more.
Admission is $10 per person; children younger than 5 are free.
read more…
http://bedford.dailyvoice.com/events/bedford-fire-department-will-entertain-fire-green
Mortgages will remain hard to get until common sense returns | Katonah Real Estate
Long-term rates stayed about the same this week, mortgages just above 4.5 percent for most products. There are many things to write about this week, but the most important news for most Americans is the first retreat from Dodd-Frank toward common sense.
Economic data stayed in pattern — reasonable growth without acceleration. Overall orders for durable goods fell 7 percent in July, but excluding volatile orders for airplanes and such gained 0.6 percent. Pending home sales fell 1.3 percent in July, but from an improved level.
Second-quarter GDP was revised up from 1.7 percent to 2.5 percent annualized, but net of accounting gyrations still two-ish — way under the Fed’s forecast, as is inflation, barely 1 percent annualized. Consumer spending and incomes in July rose 0.1 percent versus forecast gains of 0.2 percent and 0.3 percent, respectively.
The threat of action against Syria is still suppressing rates, but that won’t last long. A brief hail of Tomahawks won’t change anything, serious regional upset unlikely.
read more…
Decoded: the Most ‘Commanding’ Listings in the Country | Bedford Hills Real Estate
Welcome back to The Brokerbabble Glossary, where Curbed takes a word or phrase that shows up repeatedly in listings and deciphers its true meaning. Ideas? Hit up the tipline.
[4601 NE Royal Ct, Portland, via Trulia]
Sometimes words get misused in real estate listings because they have multiple meanings, or precisely what they mean in the first place is confusing, or because brokers get a little too excited about the positive attributes of a particular house or property. And sometimes there is just no excuse. This is one of those times.
[8036 12th Ave NW, Seattle, via Trulia]
There might be a reason that these “top floor” views aren’t pictured.
[3009 34th St NW, Washington, DC, via Trulia]
Normally, a “commanding view” is from a dominating vantage point, usually overlooking something. You can debate what that means, exactly, but “through a chain link fence” probably doesn’t cut it.
[1106 Autumn Rdg, San Antonio, via Trulia]
This is a pretty dinky fireplace. · The Brokerbabble Glossary archives [Curbed National] · The Brokerbabble Glossary archives [Curbed NY]
read more…
http://curbed.com/archives/2013/08/30/decoded-the-most-commanding-listings-in-the-country.php
What’s It Like to Live Inside a Work of Art? | Pound Ridge Real Estate
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Architect Michael Haverland is in the news lately with the completion of Calvin Klein’s house on Meadow Lane in Southampton. Tucked away in Springs is an earlier house of his, done for clients David Steward and M. Pierre Friedrichs, which overlooks Accabonac Harbor. (You wonder if Calvin, who is reportedly annoyed that curious folk are peering into his glass house—hey, who could have foreseen that?—shouldn’t have taken inspiration from this house and asked for a solid façade to face the street.)
This house pays tribute to twentieth century architectural and design masters, names like Frank Lloyd Wright (a particular favorite of the owners), Mies van der Rohe, Robert Venturi (with whom Michael Haverland once interned), and Le Corbusier. One of the most striking features of the building is the textured concrete, a nod to Wright’s “textile block” houses built in the 1920s in Los Angeles. Once you’re inside, of course, most striking is the beautiful view of the outdoors.
So what is it like to live inside a work of art? We sat down with David Steward and found out.
read more…
http://hamptons.curbed.com/archives/2013/09/04/whats_it_like_to_live_inside_a_work_of_art.php