Category Archives: Bedford Hills

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]

Pending Home Sales Continue To Tumble | Bedford Hills Real Estate

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Pending home sales fell 0.6% month-over-month in October. This was worse than expectations for a 1% rise.

Meanwhile, pending home sales were down 2.2% on the year, worse than expectations for a 1.1% fall.

Last month’s number was revised up to show a 4.6% fall, compared to an initial reading of a 5.6% monthly fall.

Year-over-year the index was revised up to show a 2% rise, compared with an initial reading of a 1.1% rise.

“The government shutdown in the first half of last month sidelined some potential buyers,” Lawrence Yun, NAR chief economist said in a press release.  “In a survey, 17 percent of Realtors reported delays in October, mostly from waiting for IRS income verification for mortgage approval.”

Limited inventory and declining affordability can continue to weigh on the index. Yun thinks the housing recovery is still at a healthy pace and attributes the decline in pending home sales to a cooling down of run up we had seen in housing recently.

Here’s a look at the regional breakdown:

  • In the Northeast, the pending home sales index (PHSI) up 2.8% on the month, and is up 8.1% from a year ago.
  • In the Midwest, the index is up 1.2% on the month and up 3.2% from a year ago.
  • In the South, the index fell 0.8% on the month, and is down 1.5% from a year ago.
  • In the West, it is down 4.1% on the month and 12.1% from a year ago.

Pending home sales have been falling for some time now and the index is considered to be a leading indicator for future existing home sales. The Commerce Department expects that 80% of signings will become existing home sales transactions within two months.

 

 

http://finance.yahoo.com/news/comes-pending-home-sales-144016650.html

Bedford Hills NY Real Estate Weekly Report | #RobReportBlog

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Bedford   Hills NY Weekly Real Estate Report11/22/2013
Homes for sale32
Median Ask Price$847,000.00
Low Price$289,000.00
High Price$10,995,000.00
Average Size4028
Average Price/foot$419.00
Average DOM151
Average Ask Price$1,733,887.00

Sustainable Cork Flooring: Elegant and Eco-Friendly | Bedford Hills Real Estate

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Bamboo, sustainably harvested wood, and linoleum made from recycled content  are all eco-friendly hardwood flooring options. Also available at most major home  improvement stores, cork flooring is competitively priced with other kinds of  sustainable flooring, and cork is a beautiful, eco-friendly material.

Cork products are made from the bark of the cork oak tree (Quercus  suber). Much of the world’s cork comes from forests in Portugal, where the  trees’ drought resistance allows them to flourish. Harvesters cut and strip the  bark during early summer, a process that removes only the dead outer bark layers  while leaving the living cambium intact. The cork trees continue to grow  unharmed for about nine years before the bark gets harvested again.

Most of the Portuguese cork oak forests are owned by individual families who — when they’re not harvesting the oak trees’ bark — grow medicinal herbs,  produce honey, gather pine nuts, graze cattle, and raise prized Black Spanish  pigs on cork oak acorns in the forests.

Sustainable cork flooring is made by mixing an adhesive  with “waste” cork granules from bottle-stopper production. It’s available in a  range of finishes, from wood tones to tile look-alikes, and its natural  propensity to repel water and provide acoustic insulation are bonus qualities.  Keep your eyes peeled for other sustainable cork products as well, including  wall insulation that’s growing in popularity in Europe because of its natural  fire resistance and sound-proofing ability. If you’d like to learn about and  support sustainable cork harvesting, go to Amorim Cork, and choose wine with stoppers made of real  cork. Cheer

Read more: http://www.motherearthnews.com/green-homes/sustainable-cork-flooring-zm0z13djzsor.aspx#ixzz2lO15Bu7D

Agent who sold ‘factory condo’ conversion hit with $470K judgment | Bedford Hills Real Estate

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Converting old warehouses into loft apartments or condos is one way to breathe life into a declining neighborhood.

But if you’re going to turn an abandoned building where workers made “coffins, guns stocks, pipe organs” and other products for six decades, dumping “industrial solvents, sludge and wastes from painting and plating that contained toxic materials” into the drains, you might want to make sure that mess is cleaned up properly.

The developers who hired real estate agent Maryl Greene of Coldwell Banker Weber-Seiler to market Belgravia, a 10-unit factory condo conversion in South Haven, Mich., have since gone bankrupt.

So it’s not surprising that Greene and her broker found themselves on the hook when a couple who paid $360,000 for one of the units discovered that even though the state of Michigan spent $3.8 million cleaning up the site, there’s been no “final remedy.”

The state Department of Environmental Quality has determined that the property remains “highly contaminated with chlorinated solvents in the soil and groundwater, and metals in the near-surface soils.”

The condo association has been stuck with operating and monitor a vapor mitigation system intended to protect the safety of residents

 

 

– See more at: http://www.inman.com/wire/agent-broker-who-sold-contaminated-factory-condo-conversion-hit-with-470k-judgment/#sthash.W3MAaEQY.dpuf

Bedford Hills sales up 50% | Median Price down 20% | #RobReportBlog

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Bedford   Hills NY Real Estate ReportRobReportBlog
20136 months ending 11/202012
15Sales10up 50%
$545,000.00median sold price$683,750.00down 20%
$170,000.00low sold price$323,199.00
$2,800,000.00high sold price$3,995,000.00
2129average size3194
$320.00ave. price per foot$310.00
158ave days on market185
$696,000.00average sold price$1,192,970.00
93.99%ave sold to ask94.59%

Post content to Facebook business page daily to optimize engagement, leads | Bedford Hills Real Estate

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How often should real estate agents post to their Facebook business page?

Oh boy. People have definite opinions on this subject. The thing is, they are opinions.

Opinions based on personal biases. Opinions based on personal preferences. Opinions based on statistical evidence?

In at least half of the cases, no. I’m seeing “experts” spouting advice on posting frequency from all over the spectrum, including: no more than once a week no more than three days a week daily multiple times a day Frankly, in my opinion (you knew you’d get it from me, right?), real estate agents should stick to statistical facts, not individual preferences, when it comes to posting frequency.

And honestly, real estate agents think they overcontact people when, in fact, they grossly undercontact people. The thing is, when it comes to Facebook posting frequency, there are multiple elements involved.

How often Facebook puts your posts into your followers news feeds

 

 

– See more at: http://www.inman.com/next/make-posting-to-facebook-business-page-a-daily-habit-to-drive-engagement-leads/#sthash.aV7AUMRi.dpuf

South Florida mansion comes with $450K Rolls Royce | Bedford Hills Real Estate

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A 16,000-square-foot Boca Raton, Fla., mansion that features a theater, a nine-car garage, full gym, two gourmet kitchens (one to keep kosher with) and direct ocean access with a double yacht dock, also comes with a $450,000 Rolls Royce to any buyer who forks up the full $12.75 million asking price for the home.

 

 

 

Source: Sun-Sentinal – See more at: http://www.inman.com/wire/south-florida-mansion-seller-offers-450k-rolls-royce/#sthash.doTTzifs.dpuf

The ‘Obamacare’ debacle: 7 tips for Realtors | Bedford Hills Realtor

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Many real estate professionals are facing cancellations or drastically increased fees for their health care in 2014.

If you or someone you know is facing loss of your current policy or additional fees, you do have options.

The Patient Protection and Affordable Care Act (“Obamacare”) has dominated the headlines since the government’s health insurance marketplace, HealthCare.gov, went live in what has become perhaps the worst website debacle ever.

The idea that the government can fix it in a few short weeks goes against this simple fact: If Microsoft and Apple can’t get their systems right at launch, how can anyone realistically expect this to be repaired in such a short period of time?

While the website parodies keep coming and the politicians scramble for a solution, what can you do to make sure that you continue to have adequate health care for both you and your family? 1. If your current policy was canceled, wait and see President Obama has requested that insurance companies delay cancellations for a year.

Unfortunately, that may be easier said than done. One expert likened the situation to installing a new operating system on your computer, uninstalling the new system, and reinstalling the old system.

In the meantime, explore other options just in case your current policy is not extended.

 

 

– See more at: http://www.inman.com/2013/11/18/the-obamacare-debacle-7-tips-for-realtors/#sthash.QnIKVdIP.dpuf