Category Archives: Chappaqua

The Power of LinkedIn Pages! | Chappaqua NY Homes

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LinkedIn is typically used for networking among employees, but companies–especially online ones that customers may never interact with face-to-face– are finding that having a LinkedIn presence can help validate their reputation for consumers by establishing credibility and trust. There are over 1.9 million companies with profiles on LinkedIn, and these companies have 100 million professionals following them to get updates, learn of job openings and have advance notice of new products and services.

LinkedIn offers a company page that allows you to centralize business information, controlling the publicly accessible LinkedIn profile for your business. Think of it like a central hub for professional information, with your employees’ personal pages representing spokes of the hub that offer greater insight into your goods and services. There’s a lot to be gained from developing a company page. You can access analytics data that shows what LinkedIn connections are looking at, and how they’re accessing it. Promote your goods and services by showcasing products, campaigns and graphics, and send private message to those in your circle to inform, entertain and connect.

Why Is LinkedIn A Good Resource?

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Because this information comes from a professional networking service, members view it more positively than something like a Facebook post. Users perceive LinkedIn information as somehow more authoritative because it’s posted on a networking site with a veneer of professionalism, and not on a social media site, where the same information could be construed as marketing or promoting. Additionally, colleagues and connections can write recommendations for you that appear on the company page, showcasing more authority and inspiring more confidence in you than Facebook posts on your Wall. You can pull in an RSS feed from your company blog and a Twitter feed, but here these modules seem more newsy and less social.

Making A Successful LinkedIn Page

256180335 f849247580 300x283 The Power of LinkedIn Pages!An example of a company with a nice profile page is YouSendIt, a tech company that offers document sending and storage via the Internet. The company’s LinkedIn page begins with an overview to introduce the company and its services to people who come across it. LinkedIn automatically pulls in newsy features from other sites, such as TechCrunch, that can help put the user at ease by offering authoritative third-party information about the company in question. Map data shows the street address, and other general information on the company size, type and founding date provide the basic information users need and want to know that can often be buried on the company’s website or missing from social media. The products tab showcases products–in this case, applications and product trials–that can then be recommended by regular LinkedIn users. The Careers tab showcases available job openings, connecting users to positions that may interest them and offering quotes from existing employees on why they’ve chosen YouSendIt. An Insights tab provides analytics data to the company’s administrators, allowing them to see what parts of the company page have been accessed. This provides administrators with real-time data that can be used to improve page functionality.

Additional benefits of creating a company page include higher search engine results, since the page is indexed by search engines and full of SEO-rich data, and access to LinkedIn data of potential new hires. Make smarter decisions about business and hiring, and provide customers with information, authoritative information through LinkedIn.

via dreamgrow.com

Irish property prices could fall another 20% | Chappaqua Real Estate

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Credit rating agency Moody’s warns that residential property prices in Ireland could plummet by a further 20% from today’s levels before the market finally bottoms out.

If accurate, this would bring the aggregate peak-to-trough fall to 60%, potentially leaving Ireland’s rate of mortgage arrears as high as 13.99%.

“The steep decline in house prices since 2007 has placed the majority of borrowers deep into negative equity,” the agency explained.

The Irish property market’s prospect for recovery has not been helped by Moody’s decision to lower its growth estimate for the Irish economy in 2012 to just +0.2%.

“In this weak economic recovery, it will be difficult for distressed borrowers to significantly increase their debt servicing capabilities and so arrears are likely to continue increasing,” it said.

The collapse in Irish property values is attracting a growing number of potential purchasers, with residential property viewing figures up 400% in Q1 2012 compared to the final quarter of 2011, according to Savills.

The property consultant says that its latest viewing data suggests that homebuyers are returning to the Irish property market, particularly in the greater Dublin area, where the number of homes for sale is at its lowest level for five years

via propertyoverseastoday.com

Chappaqua NY Real Estate | 5 islands in search of a millionaire

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Millionaires around the world cried out when Larry Ellison purchased the island of Lanai.

The Oracle co-founder, whose personal wealth totals $36 billion, spent an estimated $500 million on the Hawaiian island this week. 98 per cent of the “pineapple island”, which spans 141 square miles, now belongs to Ellison.

“The Nation’s Most Avid Trophy-Home Buyer” (the Wall Street Journal) officially owns 88,000 acres of land, two golf courses, several houses and commercial properties and 3,200 residents to go with his other million-dollar US estates, fighter jet and yacht racing team.

Lanai has belonged to fellow billionaire David Murdock since 1985, but after years of reportedly losing millions of dollars each year on the island, he put it up for sale this year, prompting a million-dollar dash from the world’s richest tycoons. The race ended on Wednesday, the island governor officially announced, when Larry Ellison beat Bill Gates to buy the place.

What can the Microsoft founder do now? TheMoveChannel.com sent its scouts across the globe to round up the best private islands on the market.

Here are 6 islands in search of a millionaire:

 

Young Island, St. Vincent

Cost: $10 million

 “Johnny Depp retreated here while filming Pirates of the Caribbean,” claims Young Island’s listing. “Instead of renting a cottage on this private island, why not buy the entire island?” The 35-acre island’s 29 cottages, lush foliage (ranging from ginger to hibiscus) and copious mango trees are a short boat ride away from St. Vincent on the island’s 24-hour scenic ferry. Most importantly for ambitious investors, there are no restrictions regarding the future use of the island.

All that for $10,000,000? Bill Gates may be putting on his pirate costume this very minute.

 

James Island, Canada

Cost: $75 million

Photo credit Sotheby’s / SFGate.com

Craig McCaw is a wireless magnate from Seattle who distinguishes himself from his fellow residents in two ways: 1. He is ranked number 804 on Forbes Billionaire’s List. 2. He owns the second-largest privately-owned Gulf Island in British Colombia.

Located on the west coast of Canada, James Island has six cottages, a manager’s residence, an airstrip and an 18-hole golf course. But all that comes at a high price: 75 million dollars, to be exact. Not Canadian.

  

Celine Dion’s House, Canada

Cost: $29.3m

Photo credit: Sotheby’s Canada

A singer with her own private island home? Celine Dion’s 24,000 square feet property is one Titanic piece of real estate. Located 15 minutes from Montreal is styled after a French Normandy castle and can only be accessed by a gated bridge. If home is where the heart is, Celina’s heart will go on and on and on…

 

Isla de Coco, Pear Archipelago

Cost: $695k

One for the budget billionaires out there, Isla de Coco is one of the cheaper islands on the market at the moment. Located in the middle of the Pearl Archipelago, the 24.8 acre beauty is rumoured to contain the buried Treasure of Lima. Only 10 minutes from the Isla Del Rey airport with beaches, caves and tropical views, Isla de Coco offers wealthy buyers more than just a sweet name.

 

House Island, Portland

Cost: $4.85m

Photo credit: Steve Rubicam / PressHerald.com

House Island is perfectly named for a billionaire in search of a new private abode. The 24-acre island, which contains five beaches, two piers and three cottages has been owned by the Cushing family since 1954, reports the Portland Press Herald. Known as the “Ellis Island of the North” after its use as a quarantine station for immigrants in the early 1900s, House Island is a no-brainer for investors. On the down side, it costs $4.85 million. On the plus side, it has its own 19th century fort.

Can’t afford your own private island?

Browse our listings of houses, apartments and other overseas property:

http://www.themovechannel.com/property/all

via themovechannel.com

Buyers From Asia Snap Up Manhattan Apartments | Chappaqua NY Real Estate

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Asian buyers are spending billions to scoop up luxury properties across the U.S., including some of New York City’s priciest addresses.

As the Journal reported Friday, 15 apartments going for roughly $1 million each at 515 E. 72nd St. have been purchased by Asian buyers in the past six months. That’s just a small part of the $9 billion buyers from China and Hong Kong spent on U.S. real estate in the 12 months ending in March, according to data released earlier this month by the National Association of Realtors.

Several full-floor apartments at the new One57 high rise in Manhattan — with price tags of about $50 million — have gone into contract with buyers from China. The building’s owners are going out of their way to appeal to an Asian audience:

[T]he building put many of its most luxurious full-floor apartments on the 80th through 88th floors—a clever way to appeal to the Chinese belief that eight is the luckiest number. Apartment 88 is under contract to a Chinese buyer for around $50 million.

The phenomenon of deep-pocketed overseas buyers, while not new in Manhattan, has reached a fever pitch in recent years. As the Journal noted earlier this month, foreign buyers snapped up five of the 12 Manhattan homes that have sold for more than $35 million since 2010.

Brokers say wealthy home buyers in America and abroad are viewing New York luxury properties as a “haven for wealth” during rocky economic times. Read more and see a slideshow of some of the biggest purchases.

via blogs.wsj.com

Student Loan Interest Hike Could Cripple New Buyers | Chappaqua NY Homes

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The doubling of interest on student loans set to take effect July 1 could make it more difficult or impossible for large numbers of young first-time home buyers to qualify for mortgages.

Should student loan interest rates double from 3.4 to 6.8 percent a week from Sunday as scheduled, seven million potential young home buyers with student loans face higher monthly payments and larger student loan debt, both of which could make getting a mortgage more expensive for all and impossible for some.

Higher student loan rates impact future home buyers two ways. They will result in higher payments, as much as $1,000 a year, and also will increase the amount of debt burden that will be calculated in the debt-to-income ratio used by mortgage originators to qualify applicants.

The ideal 33 percent of debt-to-income includes student loan payment, car payment, credit card payments and the monthly mortgage payment, according to an analysis by Selma Hepp, senior economist with the California Association of Realtors. Should interested rates be doubled, she looked at two scenarios. The first one looks at the impact of an average $19,000 loan facing recent California graduates and the second scenarios illustrates the impact of higher student loan debt, $50,000. In both cases, student loan payment increases with doubling of interest. While the average student debt impacts mortgage payment by 2 percent, the larger debt has a 7 percent impact on the mortgage payment. In either case, student loan payments matter in evaluating debt-to-income ratio for potential new homebuyer, Hepp wrote.

The 62 million people echo boomers, currently aged 17 to 31, have been hit hard by the recession, an uncertain job market, no real income growth, tighter mortgage lending rules, and mounting student and credit card debt.

“It is no surprise that some of them do not put priority on homeownership,” Hepp said.

Student loans typically burden graduates for many years after graduation. In a recent study, college seniors who graduated with student loans each owed an average of $25,250, up significantly from an average of $12,750 in 1996. Parents have accumulated student debt as well, $34,000 on average. The aggregate amount of student loan debt in the U.S. is over $1 trillion currently. Between March 31, of this year and 2011, student loan debt rose by $64 billion. However, over the same period, all other forms of household debt fell by $383 billion. Put another way, since the peak in household debt in the third quarter of 2008, student loan debt has increased by $293 billion, while other forms of debt fell by $1.53 trillion.

Yet the echo boomers, or Millienials, are often cited as critical to the long-term recovery of the housing economy. Last week’s State of the Nation’s Housing report from the Harvard Joint Center for Housing Policy, for example, suggested household growth over the next 20 years could potentially spur new home demand to an even greater extent than the Baby Boomers in the 1970s. (See More than a Million New Households a Year Forecast.)

via realestateeconomywatch.com