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Tag Archives: Bedford NY Homes
Bedford Could Get Snow Showers Thursday, Major Storm Sunday | Bedford NY Real Estate
Winter’s firm grip on Westchester County will be as strong as ever through next week.
Thursday will be marked by a frigid wind chills with gusts as high as 30 to 32 miles per hour and a high temperature between 28 and 30 degrees, according to the National Weather Service. There is a chance of afternoon snow showers.
Frigid cold will then set in with overnight lows near zero and wind chills between 10 and 12 degrees below zero.
After a sunny and cold day Friday with a high between 18-20, there is a chance of snow showers Saturday and the potential exists for a major winter storm from Sunday evening into Monday evening.
While it is too early to predict the storm’s impact, Accuweather.com has projected a possible accumulation of up to 6 inches.
The long-range forecast shows temperatures struggling to top the freezing mark through the end of next week.
http://bedford.dailyvoice.com/news/westchester-could-get-snow-showers-thursday-major-storm-sunday
Calm Yourself in a Former Hippie Commune’s Tiny Hut | Bedford NY Real Estate
Huh? Manhattan rents are … declining? | Bedford NY Real Estate
Bedford Central, Katonah-Lewisboro Schools, Harvey Will Be Closed Thursday | Bedford Realtor
January metro home sales down, but prices are up | Bedford NY Real Estate
January’s chilly weather put a bit of a freeze on the Twin Cities housing market, as the number of pending and closed sales dropped with the temperature.
But while the volume of sales was lower, sellers still were able to command higher prices. Median prices were up 12.4 percent compared with January 2013, with the median in the 13-county area now at $179,900.
The Twin Cities real estate market typically slows down in December and January, as prospective house hunters are hunkered down and enjoying the holidays. That trend was apparent this year, as pending sales were down 16 percent in January and closed sales were down 12.8 percent. The sales data was included in a report released Wednesday by the Minneapolis and St. Paul Associations of Realtors.
The uptick in median housing prices in January included a 14.4 percent bump in Ramsey County, from $138,000 a year ago to $157,900 last month. In Hennepin County, the median rose to $189,000 from $167,500.
New residential home construction did pick up last year in the Twin Cities, and is expected to carry over into 2014. More than 10,000 residential units were permitted for construction in 2013, the first time that level’s been reached since 2006, according to the Builders Association of the Twin Cities. About half of the permits were issued for multi-family dwellings, such as townhouses.
In December, Minneapolis led the way among area cities with 371 units permitted for construction. Edina was second with 253, followed by Maple Grove with 38 and Woodbury with 31.
http://www.twincities.com/business/ci_25123028/january-metro-home-sales-down-but-prices-are
CoreLogic Projects January Prices up 10.2 Percent | Bedford NY Real Estate
Prices in the new year will pick up almost where last year left off, registering a 10.2 percent increase in January over a year ago according to CoreLogic. However, the double digit increase is a slight decline from December’s 11 percent. Is it a sign of softer prices to come?
Rising foreclosure and short sale prices helped December record the 22nd consecutive monthly year-over-year increase in home prices nationally, according to CoreLogic’s December CoreLogic Home Price Index (HPI®) report.
The CoreLogic Pending HPI indicates that January 2014 home prices, including distressed sales, are projected to increase 10.2 percent year over year from January 2013. On a month-over-month basis, home prices are expected to dip 0.8 percent from December 2013 to January 2014. Excluding distressed sales, home prices increased 9.9 percent in December 2013 compared to December 2012 and 0.2 percent month over month compared to November 2013. Distressed sales include short sales and real estate owned (REO) transactions.
Excluding distressed sales, January 2014 home prices are poised to rise 9.7 percent year over year from January 2013 and 0.2 percent month over month from December 2013. The CoreLogic Pending HPI is a proprietary and exclusive metric that provides the most current indication of trends in home prices. It is based on Multiple Listing Service (MLS) data that measures price changes for the most recent month.
“Last year, home prices rose 11 percent, the highest rate of annual increase since 2005, and ten states and the District of Columbia reached new all-time price peaks,” said Dr. Mark Fleming, chief economist for CoreLogic. “We expect the rising prices to attract more sellers, unlocking this pent-up supply, which will have a moderating effect on prices in 2014.”
http://www.realestateeconomywatch.com/2014/02/corelogic-projects-january-prices-up-10-2-percent/
Engagement, How to Create a Loyal Audience Social Media Examiner | Bedford NY Realtor
December construction spending rises 0.1% | Bedford NY Real Estate
Outlays for U.S. construction projects rose 0.1% in December to a seasonally adjusted annual rate $930.5 billion, led by private projects, the U.S. Commerce Department reported Monday. Economists polled by MarketWatch had expected a 0.4% increase in December. Private-construction spending rose 1% in December, with a 2.6% increase for residential projects and a 0.7% decline for nonresidential projects. Meanwhile, public-construction spending fell 2.3% in December.
Pending $100M sale would be record for NYC townhouse | Bedford NY Real Estate
When the $100 million contract on a 41-foot-wide, 20,500-square-foot mansion on Manhattan’s Upper East Side closes in April, New York City will have a new price record for a townhouse sale. Purchased by the Qatar government to house its New York City consulate, the building, located a block east of Central Park, had never changed hands before, according to the jet-setting agent brothers Oren and Tal Alexander of Douglas Elliman, who are ushering the deal to completion.
The townhouse’s pristine upkeep and “turnkey” status helped secure the record contract, the Alexander brothers told the New York Post.“Qatar plans to use the consulate as a place to showcase their own artists,” an unnamed source told the Post.
Source: New York Post – See more at: http://www.inman.com/wire/100m-pending-nyc-townhouse-sale-scrapes-the-8-figure-ceiling/?utm_source=20140131&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.4UEsKAyh.dpuf