Tag Archives: Bedford Hills NY Real Estate
Guy Kawasaki Dishes On How Hard It Was To Work For Steve Jobs | Bedford Hills Realtor
6 Lessons From the Social Media World Forum | Bedford Hills NY Real Estate
If you go to as many social media conferences as I do, sometimes it is difficult to separate the wheat from the chaff. At least that’s the excuse I’m going to give for having my associate at Renegade, Merlin Ward share the six unique lessons he gleaned from the recent Social Media World Forum (SMWF) conference in New York City.
1. Pair Your Social with Ads
Chris Thorne, Vice President of Social Media & Media at EA, the sports game developer, found that content was more effective when coupled with Facebook advertising. They put extra care into creating content that users could “play” with, essentially gamifying their Timeline; then they made the monetary spend to promote it to as many users as possible. The result was more than just extended reach—they increased virality and sales.
2. Your Content Doesn’t Work Everywhere
Morgan Baden, Director of Social Media and Internal Communications for the book publisher Scholastic, shared their failures and successes with Pinterest. Pinterest is a natural social network for this brand, but they found that not all content is created equal. While female users enjoyed sharing book covers and special quote memes from books, photographs for events and other physical spaces didn’t attract the same interest. It seems that content made for collecting does the best on Pinterest, while amateur point-of-view photography is better left on the shelf.
3. Branch Out Beyond Your Brand
Felicia Yukich, Manager of Social Media Worldwide for Four Seasons Hotels and Resorts, discovered the secret to using social media in the hospitality industry. The fundamentals of hospitality – thinking about your guests’ stay in and outside of the hotel – translates well into social media. Therefore, Four Seasons curates content far beyond the hotel brand, such as wedding planning ideas, sight seeing destinations and recreational activities. They get into the minds of their audience and focus on their interests, just like a good concierge would do.
4. Build Social Into Your Product
In keeping with one of the conference themes, Jesse Redniss, Senoir Vice President of Digital at USA Network, noted that social works best when it’s anticipated in the product creation phase. Brands should leverage natural user behavior by building social sharing into products and providing seamless social activity around their brands online. The consensus was that users are going to be social anyway, so why not enable them?
5. There is NO Crisis Plan
Morgan Johnston, Manager of Corporate Communications at Jet Blue, and Paul Fox, Director of Corporate Communications at P&G, talked about addressing crisis as a brand. The short of it is that there is no cure for crisis, but brand openness speaks volumes. P&G invited bloggers to their shop to talk about anything they wanted and write anything they wanted—good or bad—after negative news surfaced around a certain product line. After a dramatic employee exit, Jet Blue posted on their website that they didn’t know any more than anyone else about the situation but were trying to find the answers. These clear and open lines of communication helped bring the correct information to light in the end.
6. Brands Can Talk to Other Brands
Shane Steele, Director of Sales Marketing at Twitter, shared examples of brands talking with each other, which, in turn, created viral content and brand adoration by users. Oreo and AMC had a Twitter exchange about sneaking snacks into theaters, and Taco Bell and Old Spice had an exchange about their “spicy” ingredients. These conversations were both genuine and humorous and left the door open for consumers play along.
2012 Profile of Home Buyers and Sellers: Most Difficult Task for FSBO Sellers | Bedford Hills Realtor
Jobless Claims for Bedford Hills Real Estate | Bedford Hills NY Homes
Home Sellers Awake | Bedford Hills Real Estate
A year of record low inventories of homes for sale and improving prices may finally be catching the attention of millions of prospective home sellers. Is a seller’s market in the offing?
According to a November consumer survey released today, 22 percent of homeowners said they are likely or somewhat likely to sell in 2013. Should the sales materialize, the number of homes on the market next year would increase five-fold over 2012. Annualized sales were 4.71 million (as of October), or about 6.2 percent of the nation’s 75 million owner-occupied homes.
The survey found that homeowners who bought their homes between 2010 and 2012 and have owned then less than two years are more likely to sell than those who have lived in their homes longer. One out of three homeowners (33 percent) who bought their homes in the past two years said there are likely to sell next year compared to 20 percent who bought before 2002.
Most of the new owners seeking to sell are probably move-up buyers who won’t be adding to the overall inventory but will be vacating entry-level homes, which are in high demand in most markets. For years, low home values have frozen move-up buyers in place, many of them underwater. Today 22 percent of owners with a mortgage still owe more than their homes are worth.
“2013 could be the year that inventory turns around, just as 2012 was the year that prices started recovering,” said Jed Kolko, Trulia’s chief economist. “Homebuyers need inventory to choose from, and with fewer foreclosures on the market, new inventory will come from new construction or homeowners wanting to sell. Rising prices will bring out more sellers, especially if price increases lift them back above water. ”
The Trulia survey also looked at attitudes towards homeownership. Millennials (18-34 year olds) said they haven’t completely written off homeownership. In fact, 72 percent of these young adults said homeownership is part of their personal American Dream, which is the same as the adult population overall. Among renters in this age group, 93 percent plan to purchase a home someday. Meanwhile 43 percent of young adults are homeowners already.
Yet despite these long-term aspirations, Millennials have much more negative expectations for the housing market in 2013 than older generations. Younger adults have a harder time imagining price increases and higher mortgage rates than older adults who have lived through more years of rising prices and high rates. Just 37 percent of Millennials expect prices to rise in the next year, and 22 percent expect prices to fall:
“Millennials have been shaken, not scarred by the housing bust,” said Kolko. “Nearly all of them want to own a home someday, if they’re not homeowners already. But many of them think today’s low prices and low mortgage rates will last. They may be in for sticker shock if the cost of homeownership has returned to normal levels by the time they’re ready to buy.”
Economist’s View: Fed Watch: Wobbly Consumers? | Bedford Hills Real Estate
The Instagram-Twitter Saga, and Other Marketing Stories of the Week | Bedford Hills NY Real Estate
Inventories of Homes Available for Sale Continue to be Tight | Bedford Hills Real Estate
Each month, the National Association of REALTORS® obtains up-to-date and on-the-ground incisive comments from REALTORS® who participate in the REALTORS® Confidence Index (RCI) survey. The RCI survey tracks expectations about overall market conditions, buyer/seller traffic, price, buyer profiles, and issues affecting real estate. The full report can be found here.
The selected comments reflect the general sentiment expressed by REALTORS® who participated in the October 2012 survey, conducted from October 22 through November 5, 2012. All real estate is local and conditions in specific markets may vary from the national trend.
Low Inventory/Multiple Bidding
REALTORS® reported that the inventory of homes for sale remains very tight, resulting in multi-bidding in some cases. REOs and other properties do not appear to be coming on market sufficiently to meet demand, while sellers are also waiting for prices to pick up further. Listings for properties that are in good condition are reported as receiving multiple offers. Investors are snapping up REOs, paying cash.Here are few direct quotes:
- “I feel that the price of housing is going up due to the lack of inventory that is available, once the banks start releasing more property’s I feel that it will become a more stable market and the bidding war will end!!”
- “Inventory still down, sellers waiting for prices to go up if they can; rental market is way up, prices too.”
- “Buyers want properties in A1 condition. Investors are out there & will do the work to get property in A1 condition but only at a rock bottom price.”
- “Foreign investors focused on foreclosures make up most of our potential buyers.”
- “All entry level single family homes are multiple offer. Many homes are sold to investors prior to reaching the MLS, then within hours of listing on the MLS, it changes from active to under contract.”






