Housing Construction Slowly Ramping Up | Armonk Real Estate
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Realtor.com marketing campaign zeroes in on listings accuracy | Armonk Realtor
Realtor.com operator Move Inc. is launching an aggressive marketing campaign today that portrays the timeliness, accuracy and completeness of listings on the portal as giving its users a competitive advantage over buyers searching for homes on less reliable third-party websites.
The “Find It First” marketing campaign makes the case that with inventories tight in many markets, accurate and timely listings data could make the difference between finding your dream home or losing out to another buyer.
“You’re not the only one dreaming about your perfect home,” warns one of the ads.
As the official website of the National Association of Realtors, realtor.com can claim to have the most up-to-date and accurate inventory of U.S. homes listed for sale. The site receives listings data from more than 800 multiple listing services that, in most cases, is updated every 15 minutes.
Because they gather data from a variety of sources, third-party websites like Zillow and Trulia can have gaps in their listings coverage, or show homes that have already been sold or withdrawn from the market as still being for sale. Zillow and Trulia don’t have data on about a quarter of MLS listings, according to recent studies by brokerages ZipRealty and Redfin.
“We are highlighting our competitive advantage in the new campaign,” said Andrew Strickman, vice president of brand and creative at Move.
via inman.com
Movoto: Big Drop in Days on Market | Armonk Real Estate
robert paul realtor | Armonk NY Homes
Falling Inventories are Hitting the Brakes | Armonk NY Real Estate
At long last, there are signs that the unprecedented year-long decline in for-sale inventories are slowing, though continuing to fall, just in time for the spring home buying season. But inventories may continue to decline through 2013.
Nationally, inventory is no longer in a free fall, reported Trulia’s Chief Economist Jed Kolko yesterday. The seasonally adjusted quarter-over-quarter change in inventory is negative, but no longer falling as sharply as it did a few months ago. (Year-over-year changes are slower to show a turnaround because they combine a full year’s worth of changes in a single measure. But looking at quarterly or monthly changes requires a seasonal adjustment because inventory has a strong seasonal pattern that makes the underlying trend hard to see.)
The quarter-over-quarter decline in inventory has been at a 14-21 percent annualized rate since October 2012, compared with a 23-29% annualized rate from March 2012 to September 2012:
Nationally, inventory fell 23 percent year-over-year in February, according to the Department of Numbers HousingTracker. Inventory fell year-over-year in all 50-plus markets they track, and by more than 50 percent in several California metros. Price increases and disappearing inventory go hand-in-hand: nearly all metros with the biggest inventory declines also had year-over-year price increases of 10 percent or more, such as Sacramento, San Jose, and Seattle.
Kolko said less inventory leads to higher prices, which in turn lead to less inventory – at least in the short term. Everyone wants to buy at the bottom; no one wants to sell at the bottom. When prices start to rise, buyers get impatient while many would-be sellers want to hold out in the hopes of selling later at a higher price. However, the “inventory spiral” can’t go on forever because eventually rising prices will encourage homeowners to sell and builders to build, which add to inventory and breaks the spiral.
“The critical question for the housing market – especially for buyers fighting over tight inventories – is how long until that kicks in? How long do prices have to rise before sellers and builders start adding to inventory?” asked Kolko.
In the long term, higher prices lead to more inventory -. As prices keep rising, more homeowners decide it’s worthwhile to sell, especially those who get back above water, which adds to inventory. Also, builders take rising prices as a cue to rev up construction activity, which also adds to inventory.
For the U.S. overall, an inventory turnaround in 2013 is unlikely. Since national asking home prices bottomed in February 2012, it may be at least another year before national inventory starts expanding. Inventory will make a turnaround first where asking prices bottomed earliest, such as in Phoenix, Miami, Detroit, Houston, and Oklahoma City. The inventory turnaround is a longer way off in metros where prices have bottomed more recently, such as in Sacramento and the Inland Empire.
Armonk Realtor | Look like a pro — a quick guide to graphic design
via next.inman.com
Bauhaus-style architecture too ‘severe’ for its own good | Armonk Real Estate
Bauhaus Dessau image via Shutterstock.
Almost a century ago, the once-flourishing school of design known as the international style represented architecture’s highest hopes for the 20th century. Though it fell far short of its expectations, it left us with a valuable lesson — that theories alone can’t make for a humane environment.
The international style was really more of a social philosophy than a style. Its roots reach back to post-World War I Europe, where widespread social problems convinced many architects that a revolutionary change in architecture was in order. To them, this meant discarding every trace of the historically based styles of the past and replacing them with a completely “modern” architecture.
The most famous proponent of these radical views was a German school of design known as the Bauhaus. By the late 1920s, the Bauhaus was proposing austere new forms of architecture meant to provide the masses with clean, dignified housing, workplaces and civic buildings. At the same time, they theorized, these buildings would raise the moral and spiritual levels of their occupants.
The Bauhaus rejected ornament as a useless trapping of the elite and replaced it with the so-called “machine aesthetic,” producing buildings that were intentionally stark and severe. Traditional pitched roofs were discarded in favor of flat roofs with little or no overhang. Windows were replaced by great walls of glass that frequently couldn’t be opened, and walls were left plain and invariably painted an antiseptic white. Such designs soon began to find favor throughout Europe.
via inman.com
The Top 20 Social Video Ad Campaigns For February 2013 | Armonk NY Homes
via reelseo.com
5 SEO Processes That Get Results | Armonk Realtor
Falling Inventories are Hitting the Brakes | Armonk NY Real Estate
At long last, there are signs that the unprecedented year-long decline in for-sale inventories are slowing, though continuing to fall, just in time for the spring home buying season. But inventories may continue to decline through 2013.
Nationally, inventory is no longer in a free fall, reported Trulia’s Chief Economist Jed Kolko yesterday. The seasonally adjusted quarter-over-quarter change in inventory is negative, but no longer falling as sharply as it did a few months ago. (Year-over-year changes are slower to show a turnaround because they combine a full year’s worth of changes in a single measure. But looking at quarterly or monthly changes requires a seasonal adjustment because inventory has a strong seasonal pattern that makes the underlying trend hard to see.)
The quarter-over-quarter decline in inventory has been at a 14-21 percent annualized rate since October 2012, compared with a 23-29% annualized rate from March 2012 to September 2012:
Nationally, inventory fell 23 percent year-over-year in February, according to the Department of Numbers HousingTracker. Inventory fell year-over-year in all 50-plus markets they track, and by more than 50 percent in several California metros. Price increases and disappearing inventory go hand-in-hand: nearly all metros with the biggest inventory declines also had year-over-year price increases of 10 percent or more, such as Sacramento, San Jose, and Seattle.
Kolko said less inventory leads to higher prices, which in turn lead to less inventory – at least in the short term. Everyone wants to buy at the bottom; no one wants to sell at the bottom. When prices start to rise, buyers get impatient while many would-be sellers want to hold out in the hopes of selling later at a higher price. However, the “inventory spiral” can’t go on forever because eventually rising prices will encourage homeowners to sell and builders to build, which add to inventory and breaks the spiral.
“The critical question for the housing market – especially for buyers fighting over tight inventories – is how long until that kicks in? How long do prices have to rise before sellers and builders start adding to inventory?” asked Kolko.
In the long term, higher prices lead to more inventory -. As prices keep rising, more homeowners decide it’s worthwhile to sell, especially those who get back above water, which adds to inventory. Also, builders take rising prices as a cue to rev up construction activity, which also adds to inventory.
For the U.S. overall, an inventory turnaround in 2013 is unlikely. Since national asking home prices bottomed in February 2012, it may be at least another year before national inventory starts expanding. Inventory will make a turnaround first where asking prices bottomed earliest, such as in Phoenix, Miami, Detroit, Houston, and Oklahoma City. The inventory turnaround is a longer way off in metros where prices have bottomed more recently, such as in Sacramento and the Inland Empire.
