Daily Archives: September 27, 2013

Millwood Fire Department to break ground on new firehouse | Chappaqua Real Estate

After years of planning, the Millwood Fire District and the Millwood Fire Company #1 will hold a groundbreaking ceremony Sunday, Oct. 6 for the new firehouse in the hamlet in the town of New Castle. The event will kick off the Fire Company’s annual open house.

From the invitation:

Celebrations start at 11:15 at Station #1 located at 60 Millwood Road in downtown Millwood. We’ll gather for coffee and donuts at the old firehouse before making our way to the new site for the groundbreaking ceremony. We’ll then return to Station #1 for a BBQ, truck rides and crafts for the kids, a trolley ride through the District, as well as fire safety education for kids and adults. Open House starts at 1 PM.

http://northernwestchester.lohudblogs.com/2013/09/25/millwood-fire-department-to-break-ground-on-new-firehouse/

World’s Richest Woman Lists Wyoming Estate For $12.5M | Armonk Real Estate

Christy Walton, the richest woman in the world, has put her 2.45-acre Wyoming estate on the market for $12.5M. Yesterday Forbes named her as No. 6 on its Forbes 400, a rank she held last year, and calibrated her fortune—which she inherited from her late husband, a son of Wal-Mart Stores Inc. founder Sam Walton—at $35.4B. To summarize: even if the estate commands its asking price, Walton probably won’t bat an eyelash. In fact, after her husband’s 2005 death, Walton went so far as to donate—yes, donate—the stately 1896 Victorian where she had raised her family, in National City, Calif.

About this Teton Village property: it’s “an architectural masterpiece,” according to the brokerabble, with 200-year-old reclaimed-oak floors, Albertini windows, cathedral ceilings, a two-bedroom, turn-of-the-century guest cabin, and direct access to Jackson Hole Mountain Resort.

Onward, to the post-and-beam ceilings! >>

http://curbed.com/archives/2013/09/17/worlds-richest-woman-lists-wyoming-estate-for-125m.php

All-cash deals make huge comeback | North Salem Real Estate

Call it the summer of the cash sale. All-cash home purchases skyrocketed during the summer months of 2013, with their share of total sales growing by more than 40 percent from the beginning of June to the end of August, amid sustained appetite from investors, a recent spike in interest rates and tight inventory.

Cash purchases accounted for 45 percent of sales in August, up from the 2013 trough of 32 percent seen in April and May, according to RealtyTrac data provided exclusively to Inman News. RealtyTrac That indicates that the market share of cash sales has increased 41 percent in just the last three months.

The recent meteoric rise in cash sales’ market share hit its fastest clip yet in August, with cash purchases’ share of total sales jumping 6 percentage points month over month to 45 percent. That’s the highest level that RealtyTrac has recorded since March 2012, right around when home prices hit their post-meltdown low.

Looking back a year, cash sales’ market share was up a whopping 50 percent in August, RealtyTrac said.

read more…

http://www.inman.com/2013/09/26/cash-sales-share-of-total-purchases-skyrockets-by-nearly-a-third-in-2-months/#sthash.nABqVPhW.dpuf