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Bedford Corners NY Homes

Polish Real Estate Market In Decline | Bedford Corners NY Real Estate

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Warsaw, Poland July 3 , 2012 – The Polish residential real estate market is in a slow decline as people have expended their savings, credit has dried up, and the incentive program for young people in Poland to buy has expired.

Those selling the smaller apartments report that there are very few buyers. The buyer is that there are, are cash buyers and quite often foreign. Owners of larger apartments , which owners paid 15,000 zloty per square meter and more, are having trouble renting their apartments and there are no buyers. Those who bought with 110% financing as prices were rising now find themselves underwater.

 

 

Despite the declining prices, there are still a large number of projects under construction in Warsaw. But people who have been considering buying into these new projects are having some second thoughts.

There is a growing sensation that the end of the euro 2012 football championships may mark the end of the booming Polish economy. The money spent in building stadiums, roads and upgrading infrastructure created jobs that will now disappear.

There is no doubt that there are many more roads in the queue to be built. But the future of funding for these roads is really a question.

How much of an impact this real estate slow down is having on the rest of the rate economy is not known.

Are You A Lasuszek?

But perhaps when one considers that one of the major wholesalers of home appliances has reported sales declines of up to 50% and more, the slow down is definitely having an effect.

This wholesaler says that he has never seen anything like this before and is very concerned as to what would have will happen after Euro 2012.

His fears seem to reflect the general feeling of the Polish population as they cut back on their vacation plans. See Vacation Cutbacks

via polandbusiness.com.pl

International Trade and Real Estate | Bedford Corners NY Real Estate

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In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses international trade.

  • Fresh data from the Federal Reserve showed that housing equity (home value minus mortgage outstanding) rose to $6.67 trillion in the first quarter, a gain of $425 billion.  A small gain in home prices has a sizable impact in the aggregate to the homeowners’ net worth.  But at the height of the housing bubble, the net worth in residential real estate was $13.5 trillion.
  • International trade pulled back in April with both exports and imports falling.  Exports fell 0.8 percent, while imports fell 1.7 percent.  Despite a one month setback the overall trend is still a healthy recovery in the sector.  Export growth has been particularly strong from mid-2009.  Many U.S. companies from Coca Cola to Caterpillar and from Intel to Microsoft sell more abroad than in the U.S.  However, exports need to steadily grow faster than imports to meaningfully narrow the trade gap.
  • A wrong way to narrow the trade gap would be by enacting tariffs.  Note in the chart below that sharp declines in exports and imports occur in times of economic recession.  So let’s hope the April decline is a one month anomaly.
  • One of the most important historical examples occurred in 1871 when German-speaking people in formerly independent-like countries Hanover, Brandenburg, Bavaria, and the like united to create a country called Germany.  This formation removed all tariffs between the provinces and therefore naturally accelerated the trading of goods and services across provincial border lines.  The increased competition thereby turned Germany into a major economic player.  America likewise is very fortunate to have no tariffs between states, say of selling Maryland-made goods in Virginia.
  • Increased international trade will also mean a greater number of REALTOR clients with international backgrounds in rentals and home buying.  For commercial practitioners, there is always an increase in demand for industrial and warehouse spaces when international trade rises.

via economistsoutlook.blogs.realtor.org

Is Pinterest Right For My Company? | Bedford Corners NY Real Estate

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Pinterest is the new social media obsession, and this ever popular phenomenon has climbed its way up to being the third most popular social networking site, following Facebook and Twitter. The premise of Pinterest allows users to “pin” pictures of things they love to virtual categorized corkboards. These pictures often include a link to a website where the image originated.

Individuals are loving the information and ideas they can gain from using Pinterest. From clothing to photography to humorous sayings, Pinterest has a little bit of everything for everybody.

Because of its appeal, many businesses are wondering if they should start using it for their business. While it can generate traffic to your website and provide you with an uncanny amount of exposure, Pinterest is not right for every business. Use the following tips to determine if Pinterest is a tactic to place your marketing dollars.

1. Can I reach my target audience on Pinterest?

4875750652 4acf51b322 300x158 Is Pinterest Right For My Company?While Pinterest has a great following, your target demographic may not be on Pinterest. According to a Modea.com infographic, 68.2% of Pinterest users are female and the most popular age demographic is between 25-34 years old. On top of that, 50% of Pinterest users have kids.

If your target demographic is female and fall into the other popular Pinterest user categories, then Pinterest is a great place to reach your target demographic. On the other hand, if you’re audience is male, or if you’re targeting a younger or older demographic, it’s not to say that Pinterest isn’t for you. You can still reach your audience through this platform, it just won’t be as easy. You can always try to put a little effort into Pinterest to see where it gets you. If you don’t see much success, you won’t have wasted too much time and effort.

2. How do people use Pinterest?

People use Pinterest as a virtual corkboard. Rather than bookmark a bunch of different websites, users pin things they love to their board, and Pinterest keeps it all in one centralized location. For example, a user can create a “food” board and pin all their favorite recipes to the board. They can also create a “vacations” board and pin getaways they’d love to take on the board. There’s really no limit to what can and cannot be pinned, and users like having one place to keep their information.

via dreamgrow.com

Gross Domestic Product | Bedford Corners NY Homes

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In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the GDP.

  • Gross domestic product (GDP) grew at slower pace of 1.9 percent in the first quarter of 2012, based on the revised estimate of the Bureau of Economic Analysis.  This is a downward revision from the preliminary estimate of 2.2 percent and a slowdown from the 2011 Q4 growth of 3.0 percent.
  • Looking beyond the aggregate number, stronger growth was recorded for private consumption spending (2.7%) and residential fixed investment (19.4%). This is the second quarter of double digit growth in residential fixed investment.
  • Meanwhile, the Department of Labor also reported that 383,000 initial claims for unemployment insurance were filed for the week ending May 26; claims are up by 10,000 from the previous week. The official employment condition will be released by the Bureau of Labor Statics this Friday.
  • From a separate data source, the private sector employment grew by 133,000 in May.  The pace is implying continuing expansion of jobs but rather sluggishly.  Jobs should be growing at 250,000 per month to be considered healthy.  This data from ADP, a company that processes many of private companies’ paychecks, has been reasonably a good predictor of official employment condition that will be released Friday.

via economistsoutlook.blogs.realtor.org

Facebook Tips for Small Businesses | Bedford Corners NY Real Estate

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Do you want to learn Facebook tips to connect with customers in an immediate and personal way? By using the right social media tools, small business owners can have a professional online presence that attracts and retains customers. Here’s are the best Facebook tips to create an amazing Facebook Page for your business.

How to Set-up Your Facebook Account

Whether you’re a newbie to Facebook or just need a refresher, here’s a few handy guides to get you started on the right track.

How to Set-up Your Facebook Page

If you’re running a business you should set up a Facebook page. Here’s a few guides to help you set-up a compelling and fully branded page.

How to Set-up Facebook Timeline

Timeline is significantly different than any upgrade to Facebook before. Consider it a digital scrapbook that documents your entire life. Here’s everything you need to know about Facebook Timeline.

How to Get People to “Like” Your Page

Fans don’t magically appear on your Facebook – people must be enticed to “like” it. Check out these strategies to help you increase your traffic.

How to Add Tags

First you were able to tag people in photos, now you can tag them in posts. Here’s a walkthrough on how this new feature works.

How to Use Facebook Groups

What’s the difference between Facebook Pages and Facebook Groups? Check out these articles and see how you can use both for your business.

How to Use Facebook Events

Want to organize an Event on Facebook? Here’s everything you need to know about running a successful Event.

How to use Facebook for Business

Many businesses and marketers have a Facebook page, but don’t know where to start. These guides will help you achieve measurable results from your social marketing efforts.

Using Facebook to Engage With Customers

The key to great customer service is the speed and quality of your response. These guides will help you respond to customers quickly and transparently.

How to Use Facebook Applications
Want to have an amazing looking Facebook page? Get the latest on Facebook applications and accomplish more with your business.

via business2community.com