Tag Archives: Bedford Hills NY Real Estate

Bedford Hills NY Real Estate

4 Outside-the-Box Ways to Sell Your Home | Bedford Hills Real Estate

Leave a reply

 

Real estate people often say that this business is hyperlocal. That’s just another way of saying that whether your market is a buyer’s market, a seller’s market or otherwise can vary state to state, county to county, town to town and even in various neighborhoods in the same town.

But when it’s your own home for sale, hyperlocal takes on an all new meaning. Your perspective on the market zooms all the way in and it can suddenly seem like nothing matters except how many buyers show up to your open house, how long your home has been on the market, whether any offers have come in on your house and, if so, precisely which numbers appear on those digital sheets of paper.

Bottom line: it doesn’t matter how hot the market is or how many multiple offers your neighbor’s house got, unless and until yours sells.  Times might not be desperate overall, but if it’s your house lagging on the market you might need to do something more than just hang a sign in the yard to get your home sold. And the only thing you can control in that process is your actions: your choice of agent, your pricing, your property preparation and your marketing.

If you’re a seller committed to doing everything within your power to sell your home and it’s not coming as easily or instantly as you’d hoped, here are a few outside-the-box strategies for getting your home sold:

1. Put your network to work. Anywhere there are people who know you or know your neighborhood, there might be the ultimate buyer for your home-or someone who knows them. In particular, social networks like neighborhood email lists, NextDoor.com and even your personal Facebook feed are great places to make sure you are publicizing your home’s listing.

If your home is well-located vis-a-vis your workplace, don’t hesitate to also make your colleagues aware of the listing. If you work for a very large organization or institution, you might even go so far as to let your Human Resources team know of the listing: many HR departments actively help new hires relocate and find housing as part of their services.

 

http://www.fool.com/investing/general/2014/03/09/4-outside-the-box-ways-to-sell-your-home.aspx

Notice to potential homebuyers: Mortgage rates keep ticking up | Bedford Hills NY Real Estate

Leave a reply

 

Average fixed mortgage rates up slightly for the second week in a row, according to Freddie Mac’s weekly Primary Mortgage Market Survey.

“Mortgage rates crept up further following the uptick in the 10-year Treasury yield  as minutes of the Federal Reserve’s last meeting indicated little possibility of a pause in the central bank’s reduction of bond purchases,” said Frank Nothaft, vice president and chief economist, Freddie Mac.

“Housing starts in January fell 16% to a seasonally adjusted annual rate of 888,000 units, below consensus forecast,” Nothaft added. “Permits were at a seasonally adjusted annual rate of 937,000 in January, also below consensus.”

30-year fixed-rate mortgage averaged 4.33% with an average 0.7 point for the week ending February 20, 2014, up from last week when it averaged 4.28%.

A year ago at this time, the 30-year FRM averaged 3.56%.

15-year FRM this week averaged 3.35% with an average 0.7 point, up from last week when it averaged 3.33%.  A year ago at this time, the 15-year FRM averaged 2.77%.

5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.08% this week with an average 0.5 point, up from last week when it averaged 3.05%.  A year ago, the 5-year ARM averaged 2.64%.

 

 

http://www.housingwire.com/articles/29034-notice-to-potential-homebuyers-mortgage-rates-keep-ticking-up

The best and worst housing markets in America right now | Bedford Hills Homes

Leave a reply

 

Valuation services provider Pro Teck releases a monthly home value forecast listing the top 10 real estate markets, ranked by the impact of foreclosure sales on localized housing recovery.

It’s somewhat of a different approach, to hinge a data call on distressed properties, but nonetheless exceedingly fascinating.

Right now, in America, according to Pro Teck, Long Island, New York, leads the rankings of hottest real estate markets.

“Many factors account for Long Island’s strong market, including foreclosures making up an inconsequential 2.18% of sales and available housing inventory at only 3.63 months,” said Tom O’Grady, CEO of Pro Teck. “Looking at the extended forecast, we see Long Island reaching peak highs again within five years.”

The following top ten lists highlight the best and worst metros in January with regard to a number of leading real estate market indicators, including: sales/listing activity and prices, months of remaining inventory, days on market, sold-to-list price ratio and foreclosure and REO activity, according to Pro Teck.

 

January’s top ten:

Nassau County-Suffolk County, N.Y.

Los Angeles-Long Beach-Glendale, Calif.

Ann Arbor, Mich.

Anaheim-Santa Ana-Irvine, Calif.

Oxnard-Thousand Oaks-Ventura, Calif.

San Diego-Carlsbad, Calif.

San Luis Obispo-Paso Robles-Arroyo Grande, Calif.

Santa Maria-Santa Barbara, Calif.

Ashville, N.C.

Houston-The Woodlands-Sugar Land, Texas

 

 

 

http://www.housingwire.com/blogs/1-rewired/post/28843-the-best-and-worst-housing-markets-in-america-right-now

Friday is last day to sign up for early ‘.realtor’ domain notifications | Bedford Hills NY Real Estate

Leave a reply

 

Members of the National Association of Realtors have until Friday at midnight to sign up for “priority registration” of their own “.realtor” domain name.

NAR will provide a free “.realtor” top-level domain for one year to the first 500,000 members who apply for a .realtor domain that incorporates their name. Members who file a “priority registration” request by Jan. 31 will receive an advance email notification that will provide information on how they can claim their .realtor domain with their name, one day prior to the domain’s general availability.

No specific date has been set for the general release. NAR says it will be “sometime this year.”

Only NAR members (agents and brokers), local and state Realtor associations, association multiple listing services, affiliated institutes, societies and councils, and other NAR-approved licensees will be able to register for the .realtor domain.

Source: RealtorMag

– See more at: http://www.inman.com/wire/friday-is-last-day-to-sign-up-for-early-realtor-domain-notifications/?utm_source=20140131&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.PAlD59L8.dpuf

Home prices increase 13.7 percent from 2012 | Bedford Hills NY Real Estate

Leave a reply

 

Home prices extended a winning streak in November, with 2013 shaping up as the best year for gains since 2005, according to the S&P/Case-Shiller indexes.

The composite 20-city home price index, a key gauge of U.S. home prices, was up 13.7 percent in November from a year earlier. All 20 cities have posted year-over-year gains for 11 straight months.

Prices in the 20-city index were 0.1 percent lower than the prior month, but that’s mostly due to the weaker winter selling season. Adjusted for seasonal variations, prices were 0.9 percent higher month-over-month. Nine of the 20 cities posted a monthly declines, though on a seasonally adjusted basis priced no city saw a drop.

Though home-price gains have been strong, the Case-Shiller data are lagged. Many expect increases to moderate this year.

“The rapid gains in house prices over the past year are the result of low inventories of homes for sale and strengthening home buying activity. But a slowdown in the pace of house price appreciation is in store for 2014,” said Paul Diggle at Capital Economics. “We are anticipating a meaningful increase in the supply of homes for sale. The survey evidence suggests that rising prices are motivating more owners to list their homes. And judging by the recovery in housing starts, the inventory of new homes for sale is also set to rise strongly.

 

 

http://realestate.msn.com/blogs/post–home-prices-increase-137-percent-from-2012

‘Overwhelming’ California Mega-Manse Wants $15.9M | Bedford Hills NY Homes

Leave a reply

 

27 images

Location: Rancho Santa Fe, Calif. Price: $15,900,000 The Skinny: There’s an extremely fine line between awe-inspiring opulence and self-parody, a line that this newly renovated SoCal mega-manse smashes with a diamond-encrusted sledgehammer and then plows over with a gold-plated Rolls Royce that runs on cognac and burning bales of thousand dollar bills. It’s not that, as a matter of principle, there’s anything necessarily wrong with wine cellars, or wainscoting , or even drapes, if that’s your thing. In practice, however, an unlimited renovation budget combined with a desire to project refinement can lead to real trouble (not to mention an overabundance of reproduction statuary). Still, where one person sees trouble (wall paintings) someone else may see a home full of killer features (shooting fountains), and this mansion’s decor certainly provides plenty of opportunities for judgment-passing one way or the other. Even the brokerbabble pays homage to the sheer physical power of the place: “Upon entering, the beauty of the home instantly overwhelms you,” though whether it’s beauty that overwhelms is an open question. The six-bedroom, 10-bathroom home, which tops out at 12,500 newly bedazzled square feet and also boasts a 100,000-gallon pool, is asking $15.9M.

Power: Few storm-related outages reported | Bedford Hills NY Homes

Leave a reply

Nearly everyone appeared to have electricity in Westchester, Rockland and Putnam counties Friday morning in the wake of the overnight snowstorm.

Consolidated Edison, Orange & Rockland Utilities, NYSEG, and Central Hudson Gas and Electric were showing few weather-related outages in the three counties.

“We had almost no activity last night,” Orange and Rockland spokesman Michael Donovan said. The dry, light snow left by the storm “didn’t have an impact on the system whatsoever,” he said.

Sidney Alvarez, a Consolidated Edison spokesman, said just a handful of Westchester customers were left without power. A fuse in a transformer in Greenburgh blew at 7:43 a.m., he said, leaving 116 customers near the intersection of Underhill Road and Central Park Avenue without lights for several hours. By about 10:45 a.m., however, power had been restored to all but eight customers in the area.

In Ossining, he said, a vehicle struck a utility pole, leaving 21 customers there without power.

“We were prepared for some major impacts on our system,” Alvarez said. “We’re quite fortunate that Mother Nature didn’t have a huge impact.”

In Yonkers, a city of 200,000 people, only seven customers were without power.

http://www.lohud.com/article/20140103/NEWS02/301030041/Power-Few-storm-related-outages-reported

Priciest home sales in 2013 eclipsed by the previous year | Bedford Hills NY Homes

Leave a reply

When it comes to the priciest residential sales of the year, it seems that 2013 isn’t quite up to snuff, at least compared to 2012.

For example, the city’s top townhouse sale this past year, a $34.35 million deal at 21 Beekman Place, was lower than the $42 million sale of 973 Fifth Avenue — the priciest townhouse to sell 2012. The trade of a unit at 720 Park Avenue snagged the most expensive co-op sale for this year, but its $24 million price tag fell flat after the record-setting $54 million sale of Denise Rich’s 785 Fifth Avenue co-op in 2012. Indeed, none of the residential sales came close to the $88 million deal for Sandy Weill’s 15 Central Park West penthouse the year before, the New York Observer reported.

Of course, the Observer’s ranking did not take into account contracts signed at numerous swanky condo properties, including the two apartments that went for more than $90 million at Extell Development’s One57, nor the deals signed at 56 Leonard and Walker Tower for $47 million and more than $50 million, respectively.

The year’s priciest listings have idled, with the Pierre’s $125 million triplex penthouse at 795 Fifth Avenue and River Club’s massive $130 million planned mansion — the city’s most expensive listing — sitting on the market with, so far, no bites. [NYO]

 

 

http://therealdeal.com/blog/2013/12/23/priciest-home-sales-in-2013-eclipsed-by-the-previous-year/

Chris Brown seeks $1.92 million for his home, (in)famous for its graffiti-style artwork | Bedford Hills NY Homes

Leave a reply

Good news, Hollywood Hills parents: It’s safe to let your babies out again.

Not only has pop star Chris Brown removed the “monsters” that he’d painted along Rinconia Drive, he’s leaving the neighborhood and has put the whole darn house on the market.

Back in May, neighbors told the Los Angeles Times that his murals — which you can see in the June news video below — were scaring their kids. “There are lots of babies, lots of children, and they’re literally frightened. It’s like devils on the wall,” Hollywood Dell Civic Association President Patti Negri said.

The creatures’ “bulging eyeballs and giant fangs loom over the canyon,” the Times wrote.

He removed the mural after — but not because of, his lawyer hastened to say — much-publicized complaints. The lawyer told the Times in July that Brown took down the monsters because he was prepping the house for sale. And now here it is!

We’re happy to report that you can still appreciate Brown’s handiwork in listing photos of the interior. He treated a couple of walls as a giant canvas, with more of his sharp-toothed gremlins grimacing over what appears to be the living room.

Other distinctive touches in the home — which is “tailored for the most demanding in high design and quality,” according to the listing — include “spectacular custom LED site lighting and a colored LED light show in the saltwater pool and spa,” a sand pit, a “shower massage system,” “stone waterfalls,” fire pits (plural!), and “walls of glass and exotic stones.”

The asking price for this three-bedroom, three-bathroom, 3,000-square-foot fantasy? $1,920,000.

 

 

http://homes.yahoo.com/blogs/spaces/chris-brown-seeks–1-92-million-for-his-home—in-famous-for-its-graffiti-style-artwork-074531181.html