Category Archives: Chappaqua

Down to Earth Farmers Market | #Chappaqua Real Estate

 

JAN2014-DTE-E-Mail-Masthead_(722x226pxl)FRESH-2-(1

FREE Yoga at Ossining Farmers Market;
Seasonal Melon Tastings at Many Markets + MORE

September 4th-10th, 2014

DowntoEarthMarkets.com

What’s New, In Season, and On Sale This Week
Apfelstreusel (Apple Crumble)
Locally sourced
Christiane’s Backstube

Apple Harvest Bread
Made w/fresh, local apples
Meredith’s Bread

Broccoli
Dagele Brothers Produce

Cantaloupe
Gajeski Produce
Mead Orchards

Early Season Apples: Fuji & Gala
Mead Orchards

Farm made Chili Sauce
Wright Farm

Farm made Spaghetti Sauce
Wright Farm

Moon & Stars Watermelon
Fishkill Farms

Sausage and Mushroom Pot Pie
in Horseradish Pastry

Stone & Thistle Farm

Sprite Melon
Alex’s Tomato Farm

Watermelon
Alex’s Tomato Farm


Click on a Market to see all vendor and event details…                  

Westchester
County


Rockland
County

Ossining

Saturdays
8:30 am-1:00 pm


Larchmont

Saturdays
8:30 am-1:00 pm

Piermont

Sundays
9:30 am-3:00 pm

Croton-on-Hudson

Sundays
9:00 am-2:00 pm


Rye

Sundays
8:30 am-2:00 pm

Spring Valley

Wednesdays
8:30 am-3:00 pm


Tarrytown/Sleepy Hollow

Saturdays
8:30 am-1:00 pm

New Rochelle

Fridays
8:30 am-2:30 pm


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
Melon Tastings

Stop by the manager’s tent at your favorite Down to Earth Farmers Market to try some of the season’s best melon varieties. The samples you try will be available from the market’s producers – it’s a great way to explore the season’s unique flavors. Please see our Event Calendar for exact times. ENJOY.

Ossining

FREE Yoga: From noon to 1 pm, join Dragonfly Yoga for a free yoga session in Market Square to celebrate National Yoga Month. Make sure to bring your own mat. After we’re done nourishing our souls, everyone can stop by the market to nourish our bodies with the summer harvest.

Raffle for Reuse: With the goal to eliminate plastic bags from the farmers market, the market manager in Ossining is accepting donations of clean, reusable shopping bags that people would like to drop-off. The donated bags will be offered to customers as an alternative to plastic bags for their market purchases. For each bag donated, customers can enter to win a $25 gift certificate for the market, and a winner will be drawn every 2 weeks.
We support this idea so much that we created this video to show how it works – enjoy!

For additional events, visit our Down to Earth Markets Event Calendar.

Stay tuned to all market happenings via our Down to Earth Markets Facebook page
and follow us on Instagram and on Twitter @DowntoEarthMkts.

Cleaning Up the Planet One Bag at a Time: Essay by Sharon Rowe
ECOBAGS

Down to Earth Markets is pleased to collaborate with ECOBAGS®, maker of sustainably-sourced, reusable shopping bags to encourage people to reduce the use of single-use plastic bags at our farmers markets. Both of our companies are based in Ossining, New York, and together we recently launched the BYOBag program at Ossining’s Down to Earth Market. ECOBAGS® Founder, Sharon Rowe, shares how she pioneered this effort over twenty five years ago:

“I believe that everyone has a right to clean air and clean water in a clean environment and that together we can ‘clean up the planet one bag at a time’.” – Sharon Rowe, Founder and CEO, ECOBAGS®

I started ECOBAGS® because I was tired of seeing plastic bags stuck in trees and floating in the Hudson River. It didn’t make sense that every time I went into a store, I left with a single-use plastic bag. Why use something once and then throw it away? This was back in 1989. So, I decided I would change my shopping behavior. I decided to bring my own cloth bags to the store, ones that I could use again and again, like the bags I used traveling in Europe years before. I wanted to find bags that would conveniently fold up and expand to hold my purchases – traditional string bags. I couldn’t find any in the USA, so I asked some friends to bring bags back from Europe. What happened next is what inspired me to start my company and my brand.

I began shopping with my reusable bags in NYC and people noticed. They wanted to talk with me. I found out, pretty quickly, that I wasn’t the only person tired of using or seeing plastic bags everywhere (and this was 25 years ago!). There was an interest in reusable options, so I decided to start making them and generate market demand. If you have a belief, like I do, that everyone has a right to clean air, clean water, and a clean environment, then being wasteful and seeing litter (and a lot of it coming from single-use) is personally hurtful in a very deep way.

I also began shopping differently when I started using reusable bags. While I hardly ever purchased processed foods, I now chose produce that wasn’t pre-packed and left other packaged items on the shelf. The end result was zero garbage after putting away all my purchases at home.

I started with the idea of creating zero waste. Twenty five years ago, it was an unsexy term called “source reduction.”

When you decide to question what is really “convenient,” you quickly run into, as Al Gore said, “Inconvenient Truths”. When you “choose to reuse” you can gain insights that will connect you more deeply to the environment. Don’t be surprised, if bringing your own bags to the market leads you to create other changes in your life. Simple actions can and do change the world. As Margaret Mead said, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.”

Rotating* Vendors This Week
*Vendors who rotate through various markets during the season.
They enjoy getting to know many communities, and here’s where to find them this week:

Croton-on-Hudson

#Freedom Craft Brewery

Larchmont 

Flourish Baking Company
Hudson River Apiaries
Kontoulis Family Olive Oil
Trotta Foods

Ossining 

Sisters Wicked Good Soap

Piermont 

Bombay Emerald Chutney Company
e-Desserts
Kontoulis Family Olive Oil
Tuthilltown Spirits Farm Distillery

Rye

Christiane’s Backstube (Locally sourced, German-inspired baked specialties)

Down to Earth Markets 173 Main Street Ossining, NY 10562 Phone: 914-923-4837
DowntoEarthMarkets.com

It May Be Cheaper To Buy Than Rent | #Chappaqua Real Estate

Renting is becoming unaffordable in many metropolitan cities, a new report reveals.

According to Zillow, renting is more expensive than buying in 94 of the country’s 100 biggest metropolitan areas.

The report suggests the rental market didn’t see a precipitous drop in prices stemming from the financial crisis, as illustrated in the housing market, which explains the slow and steady upward trend in rents. Plus, the study says consumers spent an average of 29.5% of their income on rent, compared to 15.3% for home buyers with mortgages.

Home buying affordability stems from the low interest environment, which isn’t expected to last, especially as the Federal Reserve scales back its bond stimulus, known as quantitative easing.

On Thursday, Freddie Mac said the average rate on a 30-year fixed mortgage held steady at 4.10%, compared to 4.51% during the same time last year.

Rising rents could prove to be a vicious cycle for the real estate market.

“As rents keep rising, along with interest rates and home values, saving for a down payment and attaining homeownership becomes that much more difficult for millions of current renters, particularly millennial renters already saddled with uncertain job prospects and enormous student debt,” said Zillow Chief Economist Dr. Stan Humphries. “In order to combat this phenomenon, wages need to grow more quickly than they are, particularly for renters, and growth in home values will need to slow.”

Wages aren’t showing robust growth, and rising inflation is making matters worse. The Bureau of Labor Statistics said that while average hourly wages grew 2% year-over-year in July, the consumer price index also grew 2% during the same period.

 

 

read more…

 

 

http://www.mainstreet.com/article/real-estate/it-may-be-cheaper-buy-rent?puc=yahoo&cm_ven=YAHOO

 

Meet the investors behind NYC’s hottest real estate startups | Chappaqua Real Estate

It’s no surprise that Uber, Instagram and Buzzfeed are attracting big-name technology investors. The three upstart businesses are rattling the cages of established industries and possess an undeniable ‘cool’ factor. But what may surprise some is that many of the early backers of these companies are also betting big on startups in the New York real estate scene.

Josh Kushner’s venture capital firm Thrive Capital, a backer of Uber and Instagram, is also an investor in leasing platform Hightower, real estate marketplace Honest Buildings and residential brokerage Urban Compass. Founder Collective, which backs Buzzfeed, also bankrolls office search marketplace 42Floors and real estate information firm CompStak. This cross-pollination by investors, sources said, shows that real estate is now truly on the tech industry’s radar.

“For too long, the real estate and tech industries were not communicating with each other and that’s what’s really changed over the past few years,” said Jared Kushner, CEO of Kushner Companies and an active player in the space through an investment in Thrive. “As a result, tech startups are starting to solve important problems, which has led to the creation of better companies and more investor interest.” That interest is translating into a lot of cash, too.

Globally, real estate tech startups pulled in more than $740 million in funding between July 2012 and July 2014, as The Real Deal reported last month. That number doesn’t take into account recent capital raisings in New York, such as Urban Compass’ $40 million Series B funding round and Hightower’s $6.5 million Series A round.

 

 

 

– See more at: http://therealdeal.com/blog/2014/08/25/meet-the-investors-behind-nycs-hottest-real-estate-tech-startups/#sthash.6MTRoAcm.dpuf

2014’s new home market is ‘running in place’ | Chappaqua Real Estate

 

Sales of new single-family homes clung to their same bumpy path again last month, unexpectedly slipping to their weakest annual pace since March, the Census Bureau said Monday.

Neither markedly stronger nor dramatically weaker, sales over the past 10 months haven’t moved much.

“The new home sales figures by now have that lived-in feeling, with few signs of a significant change, in either direction, over the near term,” said Richard Moody, chief economist of Regions Financial.

The new home market is “basically running in place,” he said in emailed comments Monday.

July’s seasonally adjusted annual rate was 412,000, down 2.4% from June’s higher revised rate of 422,000, the Census Bureau said. Previously-reported sales rates for April and May also were revised up.

 

 

 

read more…

 

 

http://www.usatoday.com/story/money/business/2014/08/25/july-new-home-sales/14558325/

Millennials better at paying their mortgages | Chappaqua Real Estate

 

The youngest group of mortgage borrowers posted the lowest mortgage delinquency rate, falling to 2.34% at the end of the second quarter, according to a new report from TransUnion.

“Mortgage delinquency rates continue to drop and we are seeing this decline across all age groups,” said Steve Chaouki, head of financial services for TransUnion.

However, it is important to note that this age group also makes up the smallest portion of mortgage accounts, only representing 4.16%.

(source TransUnion: click for larger image)

millennial

Overall, the mortgage delinquency rate declined for the 10th consecutive quarter, decreasing to 3.46% at the end of Q2 2014. This is down nearly 20% in the last year.

“Overall, the improvements in the mortgage delinquency rate can be attributed to a number of factors. These include the clearing of severely delinquent accounts through foreclosure as well as a lower rate of new delinquencies from post-recession vintages, which generally are of significantly higher credit quality and have experienced much better performance than mortgages originated before the recession,” Chaouki said.

 

 

read more…..

 

 

Millennials better at paying their mortgages

Foreclosures rise in July, but still down from 2013 | Chappaqua Real Estate

 

Foreclosures of all types were filed on 109,434 properties in July, an increase of 2% from June, but the figure is still down 16% from one year ago, according to July’s Foreclosure Market Report from RealtyTrac.

July’s report shows that one out of every 1,203 homes in the U.S. had a foreclosure filing during the month of July.

Foreclosure activity recorded includes all default notices, scheduled auctions and bank repossessions.

“July was the 46th consecutive month where U.S. foreclosure activity was down on a year-over-year basis,” said Daren Blomquist, vice president at RealtyTrac. “After nearly four years of falling foreclosures, we are starting to see evidence that foreclosure numbers are normalizing at the national level. The 16% decrease in July was exactly half the annual decrease we saw a year ago in July 2013, when U.S. foreclosure activity was down 32% on a year-over-year basis.”

Per RealtyTrac’s report, a total of 49,624 U.S. properties started the foreclosure process for the first time in July, which represents a 5% increase from June. But the figure is still down 18% from a year ago, which marks the 24th consecutive month with a year-over-year decrease in U.S. foreclosure starts.

 

 

read more…

 

 

Foreclosures rise in July, but still down from 2013

Funding Approved For Repairs To County Roads In New Castle | Chappaqua Real Estate

 

Several county roads in New Castle are among those that will have work paid for through funding approved by the Westchester County Board of Legislators, according to County Executive Rob Astorino’s office.

The total amount of funding is $5 million and will be used to finance work on 40 county roads that have been damaged. The New Castle roads include portions of Washington Avenue and South Greeley Avenue in downtown Chappaqua and a portion of Seven Bridges Road between the Yorktown border and Route 133.

The board approved the funding on Tuesday in a 16-0 vote, according to Astorino’s office.

“This is a big win for taxpayers and motorists,” the county executive said in a statement. “Last year’s storms and tough winter did a number on our roads, and while our road crews did a good job making repairs where necessary, this new program gives the county the capability to respond more quickly when urgent repairs are needed.”

 

read more…

 

http://chappaqua.dailyvoice.com/news/funding-approved-repairs-county-roads-new-castle

 

Actress Mischa Barton facing foreclosure on $6.4M Beverly Hills mansion | Chappaqua Homes

 

 

Looks like actress Mischa Barton should have bought in The OC instead of Beverly Hills, as she is now $100K behind on her mortgage payment on her $6.4 million home, according to TMZ.

Barton just got slapped with a default notice — obtained by TMZ — informing her she’s skipped more than 100 grand in payments … triggering the foreclosure process.

The crib is awesome — 8 bedrooms, 11 baths, 3 guesthouses all on 1.2 acres. She bought it for $6.4M in 2005 — when “The O.C.” was a big deal, and took out a loan for $4.2 million.

The show went off the air in 2007 — and Mischa’s been trying to unload the house since 2010 … when she listed it for 8.695M, but no one bought it. She re-listed in 2011, and again … no takers.

Her last ditch effort was attempting to lease it for $35K/month last year … but that move appears to be way too little too late.

Source: TMZ

Home prices tick up 0.9% in May | Chappaqua NY Real Estate

 

Home prices continue to slowly trend higher, rising .9% in May, up 5.9% from a year ago, according to the latest home price index report from Black Knight Financial Services.

This is now just 11% off the 2006 peak of $268,000, with the HPI coming in at $239,000.

Meanwhile, Colorado and Texas both hit new peaks in May, reaching $269,000 and $195,000, respectively.

In addition, 20 of the largest 40 metros all experienced month-over-month growth.

Las Vegas still leads the largest metros in distance from its local market peak (-42.6%). For the 20 largest states, Florida holds that position, where prices are 32.4% lower than their April 2006 peak.

 

read more…

 

Black Knight: Home prices tick up 0.9% in May

Valuation Fraud Soared 27 Percent in Q1 | Chappaqua Real Estate

The national Property Valuation Fraud Risk Index rose 27 percent in the first quarter and 17 percent from a year ago, evidence that an epidemic of fraudulent home valuations is sweeping certain real estate markets on the East and West Coasts.

Property valuations are increasingly being manipulated by individuals who purchase and list multiple properties in the same neighborhoods to dominate values in hyper local markets ienabling them to set fraudulent sales prices to their advantage, according to a report from Interthinx, a subsidiary of First American that helps lenders minimize risk and review appraisals.

Another contributing factor observed is the rise in the number of properties being appraised well above traditional valuation thresholds to artificially create equity.

 

fraud1

 

“This quarter’s report is a reminder that lenders need to be aware of emerging fraud risks. The rise in property valuation risk is troublesome because collateral values are a critical element in making sound lending decisions,” said Jeff Moyer, president of Interthinx. “To make lending decisions with increased confidence in the loan’s quality, we recommend that lenders use automated tools early in the valuation process to double check opinions of value, quality of work and regulatory compliance on issues such as licensing.”

California continues to be the riskiest state with a Mortgage Fraud Risk Index of 146, and it contains eight of the 10 riskiest Metropolitan Statistical Areas, (MSAs) and eight of the 10 riskiest ZIP codes. California also continues to dominate the type-specific lists with four of the 10 riskiest MSAs for property valuation fraud, seven of the 10 riskiest MSAs for identity fraud, six of the 10 riskiest MSAs for occupancy fraud and eight of the 10 riskiest MSAs for employment/income fraud.

 

read more….

 

http://www.realestateeconomywatch.com/2014/07/valuation-fraud-soared-27-percent-in-q1/