Tag Archives: Bedford Corners NY Real Estate

Bedford Corners NY Real Estate

Twitter stresses that they’re not showing more ads | Bedford Corners Homes

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Twitter has finally crossed the rubicon and will allow advertisers to target ads to you based on the words that you tweet. specifically, the feature is called ‘keyword targeting in timelines‘, and its available today in 15 languages and all markets.

Twitter previously used the content of tweets to fill out its interest graph for advertisers, but this update brings laser targeting based on the topics that you tweet about to the product. Twitter uses the example of a person who tweets about enjoying an album from a band. A local venue could use a combination of Twitter’s location-based targets along with a keyword tuned to that band to pop an ad with a link to buy tickets to that band into the user’s timeline as a Promoted Tweet.

Twitter stresses that they’re not showing more ads in anyone’s timeline, they’re just going to be showing better targeted ones. And users will still be able to voice their disinterest by dismissing un-relevant Promoted Tweets. The ad targeting is also “based on the keywords in their recent Tweets and the Tweets with which users recently engaged.” That engagement could come in the form of retweets, favorites and other actions.

Twitter says that tests run with companies like Microsoft and Walgreens, they saw a jump in interactions with ads based on keyword targeting vs. other kinds of targeting.

Here’s what the new panel will look like for advertisers:

via thenextweb.com

Major Metros are Now Sellers’ Markets | Bedford Corners Real Estate

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Most sellers are getting as much or more than they are asking for their homes in eight out of 24 major metros tracked by a new market report released yesterday, a sign that the metros have crossed over from buyers’ to sellers’ markets.

In a new market report, ZipRealty’s data shows that the ratio of sales to list prices reached an average of 98.5 percent in the markets it covers and in eight-San Francisco, Las Vegas, Orange County, Sacramento, Los Angeles, San Diego, Portland, and Seattle-the median sales price was equal to or higher than median list prices, a sign that the markets are now sellers’ markets as sellers are getting as much more than their list prices.  A year ago only Sacramento had reached a sold to list ratio of 100 percent.

ZipRealty reported that homes are selling faster, especially in Western markets where inventories are low.  The average median days on market has fallen 27 percent from a year ago.  In the past year, median time on market is falling fastest in Orange Country (-70 percent), Sacramento (57 percent), Los Angeles (55 percent), and the San Francisco Bay area (53 percent).  The percentage of homes sold after seven days on the market rose from 13 percent a year ago to 18 percent in the new twice monthly report.  Las Vegas, Denver and during the period February 15 to March 15.

“In seven major cities that ZipRealty analyzed, more than one-quarter of the homes listied for sale are selling in less than seven days, though it looks like the supply of newly listed homes may finally start to keep pace with frenzied buyer activity,” said Lanny Baker, CEO and president of ZipRealty.

Median home prices increased 14.6 percent to $242,519 on a year-over-year basis, with the highest gains in San Francisco, where home prices shot up 38 percent as of March 15. Real estate prices in both Las Vegas and Phoenix jumped 31 percent during the same period, according to the debut edition of the ZipRealty Housing Trends Report, which will be issued twice monthly.

Total housing inventory in the 24 metropolitan areas declined 34 percent as of March 15, 2013, as did the level of distressed home sales. The report shows 35 percent of the homes sold in the 2012 period were either foreclosures, short sales or REOs, compared to only 23 percent in 2013, a decline of 12 percent.

via realestateeconomywatch.com

Foreclosure timelines reach record lengths | Bedford Corners NY Homes

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Foreclosure timelines are growing more bloated, largely due to sustained government intervention in the housing market, according to RealtyTrac’s March U.S. Foreclosure Market Report. At the same time, foreclosure activity continues to subside, drifting closer to pre-meltdown levels, RealtyTrac reported. 

“Although the overall national foreclosure trend continues to head lower, late-blooming foreclosures are bolting higher in some local markets where aggressive foreclosure prevention efforts in previous years are wearing off,” said Daren Blomquist, vice president at RealtyTrac. “Meanwhile, more recent foreclosure prevention efforts in other states have drastically increased the average time to foreclose, which could result in a similar outbreak of delayed foreclosures down the road in those states.”

via inman.com

Experts See Home Values Outpacing the Boom | Bedford Corners Real Estate

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A nationwide panel of 118 economists, real estate experts and investment and market professionals expects home values to end 2013 up an average of 4.6 percent and rise cumulatively by 22 percent, on average, over the next five years, according to the first quarter Zillow Home Price Expectations Survey.

Survey respondents predicted home values will rise another 4.2 percent on average in 2014, before moderating somewhat to annual appreciation rates between 3.6 percent and 3.8 percent for 2015, 2016 and 2017. On average, panelists predicted home values to rise 4.1 percent annually from 2013 through 2017, exceeding the pre-housing bubble (1987-1999) average annual appreciation rate of 3.6 percent.

This is the first time the predicted average annual growth rate for the next five years has surpassed pre-bubble levels since the survey’s inception three years ago. “The panel is quite bullish on home prices near-term, considering a pre-bubble average appreciation rate of 3.6 percent per year,” said Zillow Chief Economist Dr. Stan Humphries. “That said, their expectations are a bit shy of the home value gains of 5.5 percent that we saw in 2012, implying some moderation in the pace of gains. The panel expectations are consistent with continued strong home value growth this year fueled by tighter-than-normal inventory of for-sale homes and robust demand attributable to high affordability and a stronger general economy.”

The most optimistic quartile of panelists predicted a 6.1 percent increase in home values in 2013, on average, while the most pessimistic predicted an average increase of 3 percent. Through 2017, panelists predicted cumulative home value changes of 22 percent, on average. Expectations for cumulative home value change projections ranged from 34.2 percent among the most optimistic quartile to 11.7 percent among the most pessimistic, on average.

The first quarter 2013 Zillow Home Price Expectations Survey asked the panel to indicate their view of a reasonable timeframe for “winding-down” government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The majority of panelists (59 percent) indicated that a reasonable and appropriate timeframe for winding-down the GSEs is within the next five years. On the opposite ends of the spectrum, 13 percent suggested a timeframe within the next two years, and 10 percent said they believe a period of more than 10 years is sensible.

via realestateeconomywatch.com