Category Archives: North Salem
Five Tips to Help You with Those Pesky Commas | North Salem NY Real Estate
I’ve lived in the south my entire life and it’s safe to say my accent quickly distinguishes me from anyone living north of the Mason Dixon line. So, one would think that if I wrote like I talk, my copywriting would be full of commas…hey, why not pause every second during conversation to draw it out? Fact of the matter is I routinely don’t use them enough and I constantly refer to online resources to help me out. Using commas correctly seems elementary, but it is shocking how often this simple punctuation is misused.
Most people are familiar with Grammar Girl (I actually have her book The Grammar Devotional sitting on my desk) but probably don’t visit her as much as they should. Her web site is full of informative and easy to remember tips, and so is GrammarBook.com. In my opinion, here are some of the most useful tips from those sites:
Rule #1: Use a comma when an -ly adjective is used with other adjectives.
Lucy is a lovely, young girl.
Helpful Hint: To test whether an -ly word is an adjective, see if it can be used alone with the noun. If it can, use the comma.
Rule #2: Use commas to set off expressions that interrupt sentence flow.
She is, as everyone expected, very excited about the promotion.
Rule #3: When starting a sentence with a weak clause, use a comma after it. Conversely, do not use a comma when the sentence starts with a strong clause followed by a weak clause.
If these comma examples are not helpful, please let me know.
Let me know if these comma examples are not helpful.Rule #4: A comma splice is caused when two strong clauses, which could be independent sentences, are separated with a comma without using a conjunction, a semicolon, or a period.
Incorrect:
Kristen wrote an award-winning press release, Steven created an impressive web site.Correct:
Kristen wrote an award-winning press release, and Steven created an impressive web site.Rule #5: Sentences that include “if clauses” are called conditional sentences. When this type of clause is at the beginning of a sentence you need a comma, and when it’s at the end you can leave it out.
If I don’t get enough sleep, I am worthless the next day.
I am worthless the next day if I don’t get enough sleep.
And, don’t forget the simple ones like use commas to separate words and word groups with a series of three or more; and use a comma to separate two adjectives.
Here is a recent article in The New Yorker about commas: it’s a funny read.
Do you have a common comma quandary? And, how did I handle my commas?
This article originally appeared on Lovell Communications Inc. – Nashville, Tennessee Based Public Relations and has been republished with permission.
Find out how to syndicate your content with Business 2 Community.
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Don’t Forget the Forgotten Inventory | North Salem NY Real Estate
Job seekers who give up looking for employment are not counted as unemployed. They become invisible to the statisticians, but when the job picture improves, as it has in recent months, they flood employment lines and have a huge, unforeseen impact on unemployment rates.
Likewise, sellers who take their homes off the market create an invisible supply of properties that might play a big role In boosting inventories when better prices encourage sellers to put them back on the market.
The dramatic drawdown in inventories in most markets over the past year has led some to wonder whether a sizeable volume of properties will be listed for sale at the first sign of price recovery, possibly killing or dampening price appreciation (See Are Sellers Withdrawing?).
Tallahassee broker Joe Manausa made a convincing case for the “Forgotten Inventory,” as he calls it, in a post last week on Active Rain, a site popular with real estate professionals.
“Would you be surprised/shocked to discover that the homes listed for sale in the MLS only represents about 20 percent of the real inventory of homes that need to be sold?” he wrote.
“You might never have thought about it, but there have been a lot of homes that failed to sell during the housing correction, and those that remain unlisted and unsold are a group that I call the Forgotten Real Estate Inventory. It is the growing group of homeowners who have given up hope of selling their home, but they still want to move.”
In fact, the numbers potential listings owned by frustrated home sellers may not be as forgotten as some believe, nor quite as large. A survey by Move, Inc. last November found that the number of homeowners who have delayed selling their home because of the real estate market had not grown in the previous 18 months-a period that included increases in sales and prices stimulated by the federal tax credit- but actually declined slightly. The Move stidy found that some 17.5 percent of owners today say they have delayed selling their homes because of the real estate market where they live compared to 19.3 percent in March 2010. However., that inventory is still sizable and close to Manausa’s estimate.
On the other hand, Milton Ezrat, senior economist and market strategist for Lord Abbett financial advisors, had a more aggressive estimate of the invisible inventory. He estimates the shadow inventory, in which he includes homes held off the market by their owners waiting for better prices, to be double the “official” visible inventory reported by the National Association of Realtors. Visible and invisible inventories together constitute about an18 to 24 months’ supply, even at today’s diminished “official” inventories, he estimates.
Manausa believes his Forgotten Inventory is mostly on the high end of this price spectrum, but the Move study found the largest demographic to be moistly owned by middle-aged, middle income families. More homeowners ages 35 to 49 (22 percent) and those making $40,000-$49,000 a year (21 percent) said they’ve delayed selling their home in the past year as compared to other age groups. which may indicate growing families in need of more space are having a difficult time moving up as a result of today’s market conditions.
Just how much of a price increase will it take to encourage sellers to re-list their homes? Far more than most markets will see this year, if projections prove true. In fact, Move found that today’s frustrated homeowners are less tempted to sell in response to incremental price increases than they were in 2009. Price increases in June 2009 of 20 percent or less would have motivated 61.6 percent of homeowners to sell. Now, however, price increases of 20 percent of less would motivate 55.4 percent. Based on the survey, a 5 percent increase in prices today would motivate only 11.7 percent of owners to sell their homes. The decline in pending price-motivated inventory suggests many owners may have sold their homes when the tax credit temporarily raised prices in 2010.
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Local Market Job Situations | North Salem NY Real Estate
- Fresh data on employment conditions at the metro level was released this morning. This data has some lag time so the latest information is as of March.
- Jobs are one of the important factors affecting home sales. Among the areas where the housing market crash was brutal, Phoenix and Miami look poised for a sustainable recovery. Phoenix added 40,300 jobs in the past 12 months, while Miami-Ft. Lauderdale added 32,200. Job gains were light in Orlando and Ft. Myers. Las Vegas and the non-coastal California markets were also a step slow in jobs recovery. Turning to the Midwest, Detroit is coming back with 26,600 net new jobs, but Cleveland is showing no traction.
- As for small towns, Ft. Wayne (IN) and all the small towns across North Dakota did very well. The fastest flyers were Lafayette (LA) and Odessa (TX) where they have added 10% or more jobs from just 12 months ago.
- Job performance for every market is shown here.









