Armonk NY Homes by Robert Paul Realtor
Irish Mortgage Holders Organisation Works to Help Homeowners as Foreclosures Loom – Businessweek.
To do their work, artists need light and space—two things that can be hard to come by in Manhattan. In the early twentieth century, artists and their backers put up a number of buildings meant to meet those needs, with double-height studios, allowing for ample light, and low rents. Some of those buildings took advantage of the relatively new idea of co-op apartments and had artists buy shares in order to fund the buildings’ construction and maintenance. Artists’ cooperatives had occasional downsides—one resident of 130 West 57th Street filed a disorderly conduct complaint against a downstairs neighbor in 1921 over the “absolute riot” of ragtime music coming from her apartment. (The noisy neighbor in question decided to flee to Italy in search of “personal liberty” even once she was found not guilty.) But they were also home to the production of much notable work. We’ve rounded up 15 notable artists’ buildings for the map below. Most are still standing, though the prices for their apartments are no longer so artist-friendly.
Where/What: A 1BR/1BA condo in Long Island City
Square feet: 842
Maintenance/CC: $636
The Skinny: The listing for this apartment touts its 14-foot-high ceilings, hardwood floors, and “oversized casement windows.” Perhaps as a result of the slightly awkward layout, there’s a smaller extra room (not pictured) with a washer/dryer that could be used as a slightly claustrophobic home office or for extra storage. You also get a dishwasher, as well as a ginormous bathroom with a monolithic tub and a tiled shower. The building itself has a roof deck, courtyard, and a gym with a pool and sauna. How much is the seller asking?
· Pricespotter archives [Curbed]
How Much For A One-Bedroom Condo In Long Island City? – Pricespotter – Curbed NY.
Foreclosure filings on houses in Westchester County surged to their highest point since the housing crash of 2008, with nearly 1,500 foreclosures reported in the first half of 2013.
The Westchester County Clerk’s office reported 1,426 foreclosure actions started between Jan. 1 and June 30 of this year, as compared with 824 during the same period last year.
The number of foreclosures surpassed the number at the height of the 2008 housing crisis, when first half numbers reached 1,410 foreclosures.
Foreclosure numbers had been trending in a positive direction, with only 824 foreclosures reported in the first half of 2012. That was the lowest amount of foreclosures since 2006.
The negative foreclosure numbers come on the heels of national news that housing prices have increased 12.2-percent since last year.
Westchester County Clerk Timothy C. Idoni cautioned Westchester residents facing foreclosure in a statement to be wary of foreclosure schemes.
He recommended contacting Westchester Residential Opportunities (WRO), a non-profit housing agency with offices in White Plains and Mount Vernon to get information on foreclosures.
Westchester Foreclosure Filings Surge In First Half Of 2013 | The Armonk Daily Voice.
Spanish home prices continued to weaken in the second quarter, suggesting the country is still a long way from recovering from a property market crash that forced the country to seek a bailout for its banks.
Prices declined 7.6% year-on-year and 2.4% from the first quarter, a report prepared by the Public Works ministry showed Friday. The average price per square meter was 1,481.7 euros($1,942.36), down 29.5% from the first quarter of 2008.
Spain is enduring a protracted recession that was precipitated by the collapse of a housing and credit bubble five years ago. Late last year, the country’s banks transferred billions in bad real estate loans to a government-backed “bad bank” established with the help of euro zone bailoutfunds
Con Edison is asking its Westchester and New York City customers to conserve their electricity usage as sweltering heat and humidity continue to bake the area.
Electricity usage was near an all-time peak, reaching 13,161 megawatts Thursday evening, Con Edison reported of its coverage area. The all-time electric peak record was set in July 2011 at 13,189 megawatts.
Con Ed said its crews continue to work to restore customers affected by scattered power outages due to this week’s heat wave. When it comes to superior HVAC services in the Jacksonville, FL, area, we’re at the top of our class. From heating and cooling to indoor air quality and maintenance plans, you’ll always receive grade-A service when Buehler Air Conditioning arrives at your front doorstep. If you are looking for the top air conditioning repair companies in jacksonville fl then visit us today.
The power company would like to remind customers to use these energy and money-saving tips:
Con Ed Warns Armonk Residents To Conserve Electricity Usage | The Armonk Daily Voice.
An arbitration panel has rejected a plea from the Canadian Real Estate Association to throw out a competing application for a .MLS top-level domain on the grounds that “MLS” is a generic term in English-speaking countries.
Last year, CREA — the National Association of Realtors’ counterpart in Canada — applied to the Internet Corporation for Assigned Names and Numbers (ICANN) to create and manage a new .MLS top-level domain. CREA’s application has the backing of the MLS Domains Association, a nonprofit group of 55 U.S. multiple listings services representing more than 600,000 agents and brokers.
In early 2011, ICANN, which manages the Internet’s domain name system, launched a process to allow the creation of potentially hundreds of new top-level domains. Examples of top-level domains common today include “.com” and “.org.”
If ICANN approves a “.MLS” top-level domain, CREA and the MLS Domains Association want CREA to be in charge of managing it. Consumers, the groups say, should have a way of distinguishing between websites operated by industry professionals from those maintained by third parties.
Although the MLS Domains Association had originally planned to file an application with ICANN to create and manage the .MLS top-level domain, CREA is taking the lead because CREA’s ownership of the trademarks for “Multiple Listing Service” and “MLS” in Canada were thought to make the trade group a stronger applicant. NAR has applied to ICANN to create and manage several new top-level domains including “.Realtor,” a term it has trademarked.
If granted authority to manage the “.MLS” top-level domain, “only members of CREA and its foreign affiliates will be permitted to register .MLS websites,” CREA said in its ICANN application.
– See more at: http://www.inman.com/2013/07/19/realtors-lose-bid-to-throw-out-rival-application-for-mls-domain/#sthash.5JwkCYdd.dpuf
Realtors lose bid to throw out rival application for ‘.MLS’ domain | Inman News.
In one more indication that rising interest rates and replenished inventories are dampening hot markets, the Seattle online brokerage that coined the term “flash sale” reports that the percentage of multibid offers in the largely West Coast markets it tracks has fallen over the past three months.
In June, the percentage offers tracked by Redfin that were facing competition fell to 68.6 percent, down from 69.5 percent in May, and down from its peak of 75.7 percent in March. The average weekly 30-year fixed mortgage rate rose from 3.81 percent in late May to 4.46 percent as of late June, according to Freddie Mac. During that period, the number of Redfin’s home-buying customers taking home tours fell 1.9 percent and offers dropped 5 percent. Inventory has been climbing since April and saw a 17 percent year-over-year jump in May.
“I have noticed a marked change in competition just over the last few weeks,” said John Venti, a Redfin agent in Los Angeles, where still 86.1 percent of Redfin’s offers faced bidding wars last month. “Each of the last three offers I wrote was accepted without a counter-offer, which has been unheard-of in LA, where a home in a popular neighborhood has typically attracted 30 or 40 offers over the last several months.”
The housing market’s easing has not been felt evenly across the country, however. The Baltimore and Washington DC metro areas saw the largest month-over-month drops in the percentage of offers Redfin agents wrote that faced bidding wars, falling by 11.2 and 6.8 points respectively. Meanwhile, San Diego, Orange County, CA and Boston became more competitive from May to June, with bidding war rates increasing by more than 4 percentage points.
The table below ranks the hottest real estate markets in order of competitiveness.
| Competitiveness Ranking | Market | Percent of Offers that Faced Competition, June 2013 | Percent of Offers that Faced Competition, May 2013 | Percent of Offers that Faced Competition, June 2012 | Percent of Winning Offers that Were Over Asking Price | Average Difference Between Offer Price on Winning Offers & Asking Price |
| #1 | San Francisco | 89.7% | 87.9% | 83.8% | 92.1% | 9.3% |
| #2 | Orange County, CA | 88.6% | 83.9% | 84.3% | 45.5% | -0.7% |
| #3 | Los Angeles | 86.1% | 86.1% | 72.8% | 53.1% | -1.6% |
| #4 | San Diego | 81.9% | 72.6% | 80.2% | 39.3% | -3.2% |
RealEstateEconomyWatch.com » Competition Cools in Overheated Markets » Print.
If you listed a home for sale in the last few months, you may have been pleasantly surprised.
Demand has been robust, and stories abound of houses selling for well above their asking price. In states like Florida that were especially hard hit by the housing collapse, prices in some markets are up double digits from a year earlier.
And when mortgage rates began their sharp rise several weeks ago, demand initially rose as buyers—apparently worried about locking in rates before they moved higher—rushed to sign deals.
But logic suggests that that particular party can’t last. In fact, mortgage applications slipped for the week ended July 12, the Mortgage Bankers Association said.
Meanwhile, a recent survey by Trulia found a of consumers said they would be discouraged from buying a home if interest rates rose above 5 percent.
All of which raises some tough questions for many homeowners: Should you rush to sell your house now, even as the summer doldrums approach? Or with the economy and the job market apparently on the mend, is it better to wait for the moderate pickup in activity that usually surfaces in the fall?
Housing starts are down. How worried should we be? CNBC’s Diana Olick has a realty check.
It depends partly on what kind of home you’re selling.
If you have a house that would appeal to a family, it makes much more sense to act now, says Lawrence Yun, the National Association of Realtors’ chief economist. “If someone has a large house that would be a good fit for a family with kids, they would have a harder time in the fall months,” he said. “Even though some say there’s a second revival, it’s not as strong as the spring.”
Even if you’re not selling a potential family home, Yun says waiting may be risky. “Even if there are slightly more people with jobs, from the seller’s strategic point of view, I think they will see more potential buyers at a lower interest rate.”
There is also the matter of inventories. The number of homes on the market in June was about 7 percent below the level a year earlier, according to Realtor.com. In some markets, it is almost impossible to find a home in certain price ranges.
But the overall supply of homes for sale has been building, and home builders are gaining confidence, both of which suggest more competition awaits potential sellers.
Still, even with these clouds on the horizon, experts like Frank Nothaft, chief economist at Freddie Mac, says sellers don’t need to panic.
The market is strong right now, he said, but “I don’t mean to say it’s going to be bad in a couple of months.” While buyers may be experiencing some sticker shock from the rapid rise in mortgage rates, he does not expect much more in the way of rate hikes. In any case, he added, in most markets, homes tend to still be “very affordable” at a 4.5 percent mortgage rate.