Monthly Archives: November 2013

NYC’s 10013 zip code is country’s second-priciest | Bedford Hills Homes

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New York City zip code 10013 – which includes posh neighborhoods such as Tribeca and Soho — saw 45 sales of $5 million or more in the year ending June 30, making it the second-priciest zip code in the country. Six of those sales were for $10 million or more, according to new data from Trulia.

Beverly Hills, which has the iconic 90210 zip code, took the top spot, with 80 sales of $5 million or more.

But 10013 was the only New York City zip code that made the top 10 list, according to CNNMoney. Indeed, Florida and California, with swanky neighborhoods such as Newport Coast (92657) and Miami Beach (33139) dominated the top 10.

Tribeca is also one of the city’s priciest rental markets, with one-bedrooms in the neighborhood ringing in at just shy of a median of $4,000 per month, according to Zumper. The nabe is closely followed by the West Village at $3,600 and Chelsea at $3,575.

 

 

[CNNMoney]

Nation’s home recovery may be on shaky ground | Waccabuc Real Estate

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Concerns are rising that the nation’s year-long revival in residential housing might be facing an uncertain future. The latest publication to tackle the issue was none other than the venerable Economist, which had this to say:

What effect will this slowdown will have on builders? Previous busts have taught them to control the inventory of new properties coming to the market. If they react abruptly to falling sales by building less, the housing market may be “on the verge of a significant correction”, argues Ian Shepherdson of Pantheon Macroeconomics. Although residential construction is only 3% of GDP, in each of the past five quarters it has contributed around a quarter of America’s economic growth.

                    Source: The Economist

Housing, the next train wreck for Obama? | Pound Ridge Real Estate

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As the Obama administration continues to absorb body blows over its implementation of the Affordable Care Act, another potential crisis looms ever-larger, according to Barron’s: housing.

By trying to protect consumers from the excesses of the run-up during the 2004-2006 period, the administration is set to deliver a gut punch to mortgage markets:

Inadvertently, they are assuring that fewer Americans will qualify for home mortgages. This promises to speed-shrink the housing market, which constitutes an estimated 15% of the nation’s gross domestic product, versus 18.6% prior to the Great Recession. This, in turn, will ensure that the recovery remains anemic into the foreseeable future, with an average of about 190,000 or fewer jobs created each month — far short of the 300,000 required to make up for recession-related losses.

Crucial parts already are flying off the train. Banks are exiting from the mortgage business in large numbers, primarily because of the high operating costs and heightened litigation risks imposed by the Dodd-Frank financial-reform law.

                    Source: Barron’s

How to Optimize Your YouTube Video for Maximum Traffic | Cross River Realtor

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When companies plan their marketing strategies, they often make the mistake  of ignoring YouTube as a possible channel for lead development. Social media,  PPC and other fields are accepted as vital, but YouTube? How much marketing use  is the world’s foremost provider of cute kitten videos?

Actually, YouTube represents fertile ground for lead generation. People tend  to forget YouTube is in fact a social platform just like as Facebook and Twitter  with sharing capabilities, comments and likes as part of its features. While the  video site’s search page is now the second most popular search engine (and  thanks to Google’s acquisition of YouTube, intricately connected to the number  one search option).

Why Upload to YouTube?

Many companies choose to host their videos on their own websites instead of  uploading media to YouTube and then linking within the website. This is, quite  frankly, a mistake.

Why?

  • The video adds value to your website, but only enriches user experiences if  people visit the site.
  • A video hosted on your own website only gets viewed by people who come to  your site, limiting how many people find and view it.
  • If you let YouTube host your videos, people are more likely to find them,  and if their response is favorable, they’re more likely to visit your site for  additional information.

Social Media Strategies and YouTube

Many of the social media strategies used on Twitter and Facebook work equally  well on YouTube. YouTube users can:

  • “Like” and “Favorite” individual videos
  • Leave comments
  • Subscribe to channels

This much like following Tweets or Liking a Facebook page. These  features offer opportunity to engage your audience in dialogue, and not just in  the comments section. Your videos give your company a human face no amount of  tweeting and Facebooking can match, because the viewer sees and hears you. Some  videos spark video responses, offering opportunity for a very public and  interactive dialogue.

 

 

 

 

Read more at http://www.jeffbullas.com/2013/11/26/how-to-optimize-your-youtube-video-for-maximum-traffic/#LSB1b7Q3bqLuDDpS.99

How to Improve Your Facebook Engagement Using Controlled Experiments | Bedford Corners Realtor

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Are you wondering what type of Facebook post works best?

Are you struggling with getting engagement or reach on your Facebook posts?

You may have heard that you need to post more photos or more questions or more photos with questions…

But what really works best for your audience?

In this article, you’ll learn how to find out which types of Facebook posts work best for your page.

Why Experiments?

Running controlled experiments from time to time will help you discover what works on your page so you won’t have to take someone elses word for it.

It’s also a great way to help you come up with a posting structure that may help you streamline your content creation in the future.

#1: View Insights for Ideas

In your Insights section, you do have some data on your best post types (under Posts), but that can be a function of what types of content you have been posting lately. So you may not get the whole picture if you haven’t been posting many links recently. But it’s a good place to start your investigation.

best post types

Take a look at the best post types for your page.

 

Another good place to start is to look at the Posts section and click on one of the posts. You will get a lot of information on your individual posts. The example shown here is a photo tip, which typically does very well on my page.

post level data

Clicking on a post will give you a lot of information.

What I wanted to see is how posts did in a more controlled experiment. If I posted similar information with a link or a text post, would it do as well? Here’s an idea of how you can set up an experiment on your own page to do a little investigation.

 

 

 

http://www.socialmediaexaminer.com/how-to-test-your-facebook-posts/

Investors’ Market Share Rises as Foreclosures Fade | Mount Kisco Real Estate

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Despite a seasonal slowdown in activity, the housing market continued to post some interesting metrics in October, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

One of most interesting was a rise in home purchases by investors despite declining numbers of foreclosures. Since hitting a 23.1 percent home purchase market share back in February, investor participation has tumbled through most of this year – hitting a three-year low of just 16.6 percent in August. The monthly rate is based on a three-month moving average.

But over the past two months, the investor share has actually risen, climbing to 16.9 percent in September and then 17.4 percent in October. The two-month rise in investor activity is significant given that it occurred at the same time that the proportion of distressed properties in the housing market has continued to fall.

The HousingPulse Distressed Properties Index, which reflects the share of home purchases involving real estate owned or short sales, fell to a four-year low of 24.1 percent in October based on a three-month moving average. This was down from 24.6 percent in September and 35.1 percent in October of 2012.

Among the other positive housing market metrics seen in the October HousingPulse results were continuing low average time-on-market for non-distressed properties and high average number of offers for non-distressed properties. The national average-time-on-market for non-distressed properties was 8.9 weeks in October, while the national average number of offers on non-distressed properties last month was 2.1.

 

 

 

http://www.realestateeconomywatch.com/2013/11/

How Many Homes in the Country Are Still Underwater? | Armonk Homes

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In addition to low housing inventory, the unprecedented amount of monetary easing from the Federal Reserve has acted like a life preserver to the real estate market. However, many Americans still find themselves underwater or anchored to their current homes.

In the third-quarter of 2013, the national negative equity rate declined at its fastest pace on record to 21 percent of all homeowners with a mortgage, according to Zillow’s latest Negative Equity Report. In comparison, 23.8 percent of homeowners with a mortgage were underwater in the previous quarter. The peak was made in the first quarter of 2012 at 31.4 percent.

The national negative equity rate has now declined for six consecutive quarters, and fell below 25 percent earlier this year for the first time since Zillow began using its current methodology in 2011. In fact, around 1.4 million American homeowners were freed from negative equity during the third quarter. While this is a significant improvement, many people are still trapped in their homes.

 

 

http://wallstcheatsheet.com/stocks/how-many-homes-in-the-country-are-still-underwater.html/?ref=YF

 

Staten Island will host city’s largest solar power facility | Katonah Homes

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What was once the world’s largest landfill will become the home to the city’s largest solar energy facility, Mayor Michael Bloomberg announced Monday.

“It’s fitting that this site, long associated with the most stubborn challenges of urban development, will now be a shining example of cutting-edge solutions,” Bloomberg said at Freshkills Park, formerly the city’s garbage dump. Dumpsters can be needed whenever a large amount of waste needs to be disposed of. Most homeowners and contractors hire dumpster rentals for home renovation projects because at that time, a large amount of waste is produced that needs to be cleared from the property. Clearing waste is difficult with your conventional garbage bins or dumpsters. For large amount of waste, you need a large sized dumpster that can easily help you get rid of all the waste that is produced during your project. Finding cheap and affordable dumpster rentals might be an issue for many, especially if they are hiring such services for the first time. Therefore, following are some tips that will help you find lowest prices of junk removal services. Then have a peek here for the dumpster rental.

The solar panels will be installed and operated by Sun Edison, at no cost to the city. The city will earn money from the project through a leasing agreement that is still being negotiated – and business owners in the city will be able to get a green energy credit thanks to their installation.

“The solar panels Sun Edison will install on the site will be able to produce up to 10 megawatts of energy, and that’s enough to power 2,000 homes,” Bloomberg said.

The energy will be fed back into Con Edison’s grid system, so it won’t go to specific homeowners but will help power the entire city.

Sun Edison was selected after bidding to lease 47 acres of the park, and will install 30,000 to 35,000 high-efficiency solar panels on the site.

General Manager Attila Toth praised the city for their forward-thinking approach.

“This is the largest city in the nation and the largest city is developing the largest brownfield to park conversion site,” Toth said. “This is a very innovative solution and this kind of thinking does not happen in every city around the nation.”

Toth said the plant would employ more than 100 workers when it’s up and running in 2016.

The city already captures methane gas created underground – enough to heat 22,000 homes — at the site and sells it to National Grid for about $3 million a year.

Among those who have long been pressing for renewable energy at Freshkills is Borough President James Molinaro.

“Who knew that he would be a tree-hugger when he was elected?” Bloomberg joked. “But it runs out he has been very environmentally conscious and has really done a great job for the people of Staten Island.”

Molinaro called it an historic day, and recalled asking the Port Authority for $500,000 to study renewable energy at the site shortly after the landfill closed in 2001.

http://www.silive.com/news/index.ssf/2013/11/staten_island_will_host_citys.html

North Salem sales up 40% | Median price up 12% | #RobReportBlog

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North   Salem NY Real Estate ReportRobReportBlog
20136 months ending 11/252012
28Sales20up 40%
$601,250.00median sold price$537,000.00up 12%
$200,000.00low sold price$330,000.00
$14,902,000.00high sold price$1,662,500.00
3539average size3106
$263.00ave. price per foot$218.00
207ave days on market248
$1,179,571.00average sold price$696,320.00
96.03%ave sold to ask94.29%