Tag Archives: Armonk NY Real Estate

Armonk NY Real Estate

Pet Wars: Apartments Strike Back | Armonk Real Estate

Apartment owners and managers are fighting tooth and claw to dispel the myth that multifamily living is unfriendly to pets, a longstanding motivation that has driven pet-lovers to become homeowners.

A recent Apartments.com survey, released a week before National Pet Week, fund that 75 percent of renters surveyed today are pet owners, compared to 43 percent in 2012.

Half of the pet-loving renters surveyed by Apartments.com would like to believe their fellow apartment residents also adore their four-legged companions.  Fortunately, it turns out they are not far off, as nearly 60 percent of renters who do not own pets said they still enjoy living around others with pets.

“Nearly 80 percent of our survey respondents live in a pet-friendly building, indicating both landlords and residents without pets are increasingly recognizing that pet owners are, for the most part, responsible and respectful neighbors,” said Tammy Kotula, public relations and promotions manager, Apartments.com. “However, more than 60 percent of the renters also said they faced some level of difficulty in finding accommodations for them and their pets. Fortunately, renters can tailor search results to only show apartments that allow their beloved furry friends on websites such as Apartments.com.”

Title Business Boomed in 2012 | Armonk Real Estate

The 9.2 percent jump in home sales last year and record refinancings translated into a 21 percent increase for the nation’s title industry and $504 million in profits.

The American Land Title Association (ALTA) reported $11.4 billion in title insurance premiums written during 2012, up nearly 21 percent from 2011, according to the association’s Year-End and Fourth-Quarter Market Share Analysis.

“Positive operating results in 2012 further strengthened the industry’s already strong financial position”

Title insurance premium volume has steadily increased the past two years since 2010 snapped four consecutive years of declining premium volume. The improved market conditions resulted in the land title industry reporting a net operating gain of $504 million in 2012, compared to a $20-million loss in 2011.

“Positive operating results in 2012 further strengthened the industry’s already strong financial position,” said Michelle Korsmo, chief executive officer of ALTA. “The land title industry has come out of the real estate crisis well positioned to meet the needs of homeowners and homebuyers in the future.”

The industry’s total assets exceed $8.8 billion, with cash and invested assets at more than $7.8 million. While statutory surplus increased 33 percent to $3.5 billion, statutory reserves are down $372 million as a result of claims settlements, but remain at over $4.4 billion.

The industry paid $908 million in claims during 2012, compared to $1.02 billion in claims paid during 2011. These payments were made to, or on behalf of, insured homeowners for losses they experienced under policies issued to them or their lender, or to defend those titles from the claims of others

Sequestration isn’t affecting D.C.’s spring housing market | Armonk NY Real Estate

Compared with a year ago, March sales in the Washington metropolitan area increased 9.9 percent, while average prices rose  9.7 percent.

The year-over-year price appreciation in March is a continuation of a 16-month trend of price growth in the metropolitan area.  Year-over-year average prices were up 12.7 percent for single-family detached houses, 9.8 percent for townhouses and 6.7 percent for condominiums.  The March data can provide an early indication of the strength of the housing market going into the rest of the year.

Sales activity tends to be much brisker in March than in February, and this year is no exception, with the number of sales in the metropolitan area increasing by 33.4 percent between February and March, an increase that is in line with the 10-year average increase.  (Home sales data are from MRIS, the region’s multiple listing service.)  Sales were up in March over February in all 22 jurisdictions in the Washington metropolitan area.

However, compared with last year, the February-to-March uptick was lower in the District and in Fairfax County and the independent cities of Fairfax, Falls Church and Alexandria.  The relatively slower sales in March in these jurisdictions can be at least partially explained by the very low inventories; potential buyers have little to choose from in these locations.

Investors No Longer in the Driver’s Seat | Armonk NY Real Estate

After accounting for one out of four home sales in the depths of the housing recession and fueled turn-arounds in dozens of markets where waves of foreclosures and battered home values scared off other buyers, real estate investors today are playing a greatly diminished role in the housing recovery.

The latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey results suggest first-time homebuyers and current homeowners, not investors, are in fact the major players in this year’s marketplace.

The active presence of non-investor homebuyers is helping create a remarkably strong market for non-distressed properties leading into the important spring-summer home buying season.

HousingPulse nationwide data for March show that current homeowners continued to dominate the overall home purchase market with a 42.2 percent market share, based on a three-month moving average. While that was down from the levels seen last fall, it was still up on a year-over-year basis. First-time homebuyers stepped up their activity, reaching an eight-month market share high of 36.1 percent in March.

Investors’ share of the national housing market fell to 21.8 percent in March, down from a peak of 25.3 percent of all transactions in May 2012.

Last week a leading analyst on single family rentals also argued that the housing recovery is being driven more by buyers seeking a place to live than by investors.

Appraisers say “Show me the Equity” | Armonk NY Homes

Slightly over half of appraisers in a recent survey expressed a degree of confidence in the housing market and nearly half reported appreciating home values in their markets.

Some 54.7 percent of appraisers said their level of confidence is mildly or moderately strong, while 24.9 percent were neutral. The survey was completed by United States Appraisals’ nationwide panel of residential appraisers.

“Appraisers tend to be realistic, focused on their local markets and unmoved by news stories and national numbers,” said Aaron Fowler, President of United States Appraisals. “We believe they provide a good gauge of the status of the housing market. After the last few years, a mildly strong level of confidence shows some definite improvement in appraiser attitudes.”

Opinions were slightly rosier regarding home values. Some 46.2 percent reported a mild increase in values in their area. Some 15.6 percent were seeing a moderate value increase, while 24 percent were neutral. Despite somewhat tepid feelings on the market in general, most appraisers reported increased order volume: 26.1 percent saw mild increases, 17.8 percent saw moderate increases and 18.5 percent reported significant volume increases. Only 15.3 percent of respondents reported any reduction in their order volume.

Comments from the survey:

“Improving, people seem tired of waiting.”

“Significantly more activity at middle and upper end of the value range and the supply of existing housing is down significantly as well.”

Three Reasons to Embrace Video Storytelling | Armonk Realtor

In the past few years, as owner of a video production company, I’ve noticed a real shift in what clients are requesting. A few years ago, it was mostly the typical sales pitch video. But, now clients want more. They’re looking for ways to connect with their audience, to use emotion, and to create a lasting impression. This is a promising trend for all of us in the professional video industry. Below are a few reasons to embrace the trend of storytelling in videos.

1. Storytelling sets us apart as video professionals in a world where anyone can shoot and edit.

As professionals, we strive to do a much better job than our clients could do just setting up a camera and reading a script. New editing software and cheap digital cameras make everyone a video producer. But, once we hone the craft of telling great stories, our clients can’t really emulate that. And, they don’t want to spend the time it takes to master the art.

Three Reasons to Embrace Video Storytelling

Use humor in your stories

2. Storytelling videos are much more likely to be shared online

Sales pitch videos, though they certainly have their place, aren’t really likely to be shared online. But, when you create a humorous, interesting, thought-provoking, or problem solving video, people will share it. Consider this example.

My company, Marietta Video Productions, got a call from the owner of a commercial painting company. He wanted us to shoot one of his restaurants being painted. When he told me the restaurant was The Big Chicken, one of Atlanta’s iconic landmarks, I asked him to let us tell that story, not just shoot some video. He agreed and arranged to allow us to interview a couple of others involved in the project.

The result was a really fun video that accomplished the goal – a great response from the people who mattered – his clients. They didn’t just watch the video, they enjoyed it, laughed at it, and shared it. The video helped to create a deeper alliance between him and his customers. It portrayed him as a caring, creative, and fun guy who really goes above and beyond for his customers. It also gave his customer’s a deeper understanding about what sets his company apart from his competitors.

Three Reasons to Embrace Video Storytelling

3. Storytelling videos can be very efficient and can help you get the sale.

Some clients have a really tough time narrowing down the points they want to make in a script. The process of developing a script and storyboard can be very time consuming.

All clients want to bring too many ideas and thoughts into a video while still keeping it short. And, if the client can’t really articulate their vision, and they’re relying on you to come up with what they want, sometimes, you can lose the sale.

I’ve learned over the years that when I tell a client we will develop their story from conducting interviews instead of creating a script and storyboard, it eases their stress. The client trusting you – the video producer – to pull out the best portions of the interviews and keep the ideas concise gets the ball rolling and helps you land the sale.

The process is simple. We do interviews, preferably with the client and the business owner. We send the audio files to a video transcription company, such as CopyTalk™. We get the transcripts back in a couple of days and write the stories completely from the interviews, just like a news reporter does. I use information in the narration, and I use the interviews to convey opinion and emotion.

Keep in mind, storytelling does not have to be expensive for your client. We use stock video in some cases and build the story around what we can find. In most cases, it’s much easier and less time consuming than developing a script and trying to get clients to say something that’s scripted rather than the conversational style of an interview.

In the Data Center video below, we used stock footage for the opening scene. We told the story through the eyes of our client’s customer, and we developed the script from the interviews. This video achieved its goal as well, helping our client “connect” with their prospects. It’s helped them close several key sales.

Three Reasons to Embrace Video Storytelling

Storytelling seems to be the buzzword right now in video. It’s not just the interview style of storytelling clients want. No matter how you tell the story, whether using interviews or a script, keep in mind, the components of storytelling such as emotional characters, a fun or dramatic plot, and engaging settings are more likely to land a great response and be shared online.

Mortgages are Coming Home | Armonk Real Estate

Since late last year, industry experts forecast a drop in mortgage refinancings as rates rise and a revival of purchase mortgages as the housing recovery creates business for lenders willing to working with home buyers. The spring housing market is here and now the mortgage market is following.

Purchase mortgages zoomed to their highest monthly market share since last August in Ellie Mae’s latest originations report, a sign that the mortgage business is shifting gears and the greatest boom in refis in recent years is ending. Loans to home buyers made up 38 percent of all loans processed by the nation’s largest mortgage processing platform, up from 32 percent in February and 27 percent in January.

YouTube Will Show More Videos In Homepage Feeds Coming Soon | Armonk NY Realtor

The YouTube Creator Blog is talking about another significant change to how you view YouTube in the future: the homepage feeds will soon be showing more than just one video, and perhaps there will be use for all that white space now.  Actually, some of you might already be able to see it.  When I go to my page, I’ve got my dose of SourceFed and sxephil up at the top of the sub box and there are three videos shown in the box rather than just one.  So, just another little change many of you will see or have already seen and in the ever-changing world of YouTube, I guess they’ve done worse.