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Homeowner equity reaches highest level since 2008 | Bedford NY Real Estate

Data from the Obama Administration’s May scorecard revealed continued improvement in housing, yet officials warn that a full recovery will still take more time. 

“As the May housing scorecard indicates, the Obama Administration’s policies and actions over the last four years to speed housing recovery are continuing to show important signs of progress,” said the U.S. Department of Housing and Urban Development Deputy Assistant Secretary for Economic Affairs Kurt Usowski. 

He added, “In the first quarter of 2013, homeowners’ equity grew by more than $815 billion, reaching its highest level since the first quarter of 2008.” 

Annual home prices increased to the highest level since the housing bubble burst in mid-2006, with the S&P Case-Shillerhome price index up from 146.6 in March to 148.7 in April. Year-over-year the index is up from 134.1 in April 2012.

 

 

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Homeowner equity reaches highest level since 2008 | Bedford NY Real Estate.

Homeowner equity reaches highest level since 2008 | Bedford NY Real Estate

Data from the Obama Administration’s May scorecard revealed continued improvement in housing, yet officials warn that a full recovery will still take more time. 

“As the May housing scorecard indicates, the Obama Administration’s policies and actions over the last four years to speed housing recovery are continuing to show important signs of progress,” said the U.S. Department of Housing and Urban Development Deputy Assistant Secretary for Economic Affairs Kurt Usowski. 

He added, “In the first quarter of 2013, homeowners’ equity grew by more than $815 billion, reaching its highest level since the first quarter of 2008.” 

Annual home prices increased to the highest level since the housing bubble burst in mid-2006, with the S&P Case-Shillerhome price index up from 146.6 in March to 148.7 in April. Year-over-year the index is up from 134.1 in April 2012.

 

Homeowner equity reaches highest level since 2008 | HousingWire.

Social Media is Key to B2B Content Marketing | Bedford Realtor

91% of B2B marketers now use social media as a content marketing tool.

social media is key to b2b content marketing Social Media is Key to B2B Content Marketing [Report]B2B marketers are distributing their content on social networks more than ever before. A recent study conducted by the Content Marketing Institute and Marketing Profs confirms that content marketing remains a top priority for  B2B marketers, with the vast majority leveraging the practice as part of their marketing strategy. But many are uncertain about how to successfully employ the many tactics available to them.

Content marketing is the art of communicating with your customers and prospects without selling. It is non-interruptive — instead of directly advertising your products or services, you are communicating with your target audience by sharing valuable, free information. The core of this content strategy is the belief that buyers will be driven to do business with you if you provide valuable information to them on an ongoing basis.

If you have a website, a blog, or maintain a presence on Facebook, Twitter, or other social networks, you are a publisher. You need to think like one, and build a digital content marketing strategy that leverages what you create — blog posts, website articles, images, and multimedia like videos, slideshows, and infographics — to enhance consumer engagement and conversion rates.

This is the first in a series of posts about how to use content to market online and via social media. As an introduction to this topic, here are some interesting statistics from the 2013 B2B Content Marketing Benchmarks, Budgets and Trends – North America:

 

 

Social Media is Key to B2B Content Marketing [Report] | Pamorama | Social Media Marketing Blog.

How homeowner insurance rates have spiked | Bedford NY Real Estate

Nationwide, an average homeowner paid $909 for homeowner insurance coverage in 2010, up 36 percent from 2003. Inflation rose 19 percent during the same period. Here’s a look at what homeowners in states bordering the Atlantic Ocean or Gulf of Mexico paid, ranked by percentage change since 2003. The totals do not include flood insurance, which is sold separately under a federal program.

1. Florida: $1,544, up 90.6 percent(asterisk).

2. Rhode Island: $1,092, up 62.3 percent.

3. Louisiana: $1,546, up 58.6 percent.

4. Massachusetts: $1,050, up 56.5 percent.

5. Alabama: $1,050, up 54.2 percent.

6. Mississippi: $1,217, up 53.5 percent.

7. South Carolina: $997, up 48.4 percent.

8. New Jersey: $867, up 48.2 percent.

9. Connecticut: $1,052, up 47.3 percent.

10. New Hampshire: $791, up 46.8 percent.

11. Maine: $676, up 46.3 percent.

12. Georgia: $833, up 46.1 percent.

13. New York: $1,044, up 44.8 percent.

14. Delaware: $636, up 43.9 percent.

15. Virginia: $753, up 34.5 percent.

16. Maryland: $784, up 34.3 percent.

17. North Carolina: $757, up 31.4 percent.

18. Texas: $1,560, up 17.5 percent(asterisk).

 

How homeowner insurance rates have spiked – Yahoo! News.

Average Selling Price for All Bedford Area Homes | RobReportBlog

Average Sold Price
Armonk $      1,429,790.00
Chappaqua $         975,676.00
Pound Ridge $         952,189.00
Bedford Corners $      1,980,500.00
Bedford Village $      1,515,589.00
Bedford Hills $         810,555.00
South Salem $         548,000.00
Katonah $      1,027,795.00
North Salem $         636,000.00
Mt Kisco $         549,706.00

 

 

Average Selling Price for All Bedford Area Homes | RobReportBlog.

NAR: Pending home sales up 10.3% from last year | Bedford NY Real Estate

Pending home sales continued to inch higher in April with theNational Association of Realtors’ Pending Home Sales Index rising slightly to an index score of 106, a 0.3% increase fromMarch’s 105.7 score.

In April 2012, the index was hovering at 96.1, 10.3% lower than current figures.

Home contract activity reached its highest level since the index score hit 110.9 in April 2010. For the past 24 months, pending sales have been above year-ago levels.

Lawrence Yun, NAR chief economist, noted the development of a familiar pattern. “The housing market continues to squeak out gains from already very positive conditions. Pending contracts so far this year easily correspond to higher closed home sales in 2013,” Yun said.  

This year, total existing-home sales are predicted to rise just over 7% to about 5 million. 

Yun added, “Because of inventory shortages, higher home sales will push up home values to the highest level in five years.”

The national median existing-home price should rise to nearly 8% and exceed $190,000 in 2013. 

Strong gains in the Northeast and Midwest were largely offset by declines in the West and South. Pending sales in the Northeast increased 11.5% to an index score of 92.3 in April, 17.7% above year-ago levels. Midwest pending sales rose 3.2% to 107.1 in April, up 15.1% from a year earlier.

Conversely, in the South, pending home sales fell 1.1% to an index score of 119.2, but remain 12.3% higher year-over-year.

Finally, with strong inventory constraints, pending sales in the West dropped 7.6% in April to an index score of 94.6, which is 2.6% higher than year ago levels.

 

NAR: Pending home sales up 10.3% from last year | HousingWire.

Real Estate Market Trends: Prices Gain Nearly 11 Percent | Bedford Real Estate

Home prices across the nation’s largest 20 largest metropolitan areas posted their largest annual gain in seven years, rising 10.9 in the first quarter of 2013, compared to the same period last year, according to the latest real estate market trends reported today by Case-Shiller Home Price Indices.

The largest yearly increases were seen in Phoenix (22.5 percent), San Francisco (22.2 percent) and Las Vegas (20.6 percent), said David M. Blitzer Chairman of the Index Committee at S&P Dow Jones Indices, said in a statement analyzing the latest real estate market trends. The slowest – yet still substantial – gains were seen in New York (2.6 percent), Cleveland (4.8 percent) and Boston (6.7 percent).

Additional indicators, including housing starts, new permits, and new and existing home sales, add to the growing evidence that the housing market is healing, but other real estate market trends indicate the recovery has a ways to go, Blitzer said. “The larger than usual share of multi-family housing, a large number of homes still in some stage of foreclosure and buying-to-rent by investors suggest that the housing recovery is not complete,” he said.

Townhomes account for an increasing share of the existing market, as well as new housing activity, according to a blog on the latest real estate market trends published today by the National Association of Home Builders, a trade association based in Washington, D.C.

Construction began on 15,000 new townhomes in the first quarter of 2013, up from 10,000 in the first quarter of 2012, according to the association. Over the same period, the market share of town homes rose from 10.4 percent to 12.7 percent.

 

Real Estate Market Trends: Prices Gain Nearly 11 Percent | Millionaire Corner.

Top 6 Social Media No-Nos to Avoid | Bedford NY Realtor

Everyone makes mistakes, but committing a major social media no-no has the potential of hindering your business’s hard-earned reputation. A good rule of thumb is, “when in doubt, don’t.” But, if you’re wondering about specifics, here are the top 6 social media mistakes to avoid, especially in the wake of some serious social media faux pas:

1. Don’t lash out: Sometimes it’s hard to deal with constructive and/or blatantly harsh criticism from others, especially on such an open public space or forum like Facebook. However, as we learned from the recent and epic social media meltdown that Amy’s Baking Company Bakery Boutique & Bistro had on Facebook, it’s an excellent example of what no to do. Owners, Amy & Samy Bouzaglo lashed out on Facebook in response to some not-so-nice criticism after airing on Gordon Ramsay’s,Kitchen Nigtmares. Instead of say, swearing, ranting for hours, “yelling” in all caps, calling customers “stupid,” and then trying to cover it all up, responding quickly and calmly to a customer’s complaint, and trying to resolve it as soon as possible is simply the best thing you can do.

Amy's Baking Company Facebook

2. Don’t buy followers or fans: It may be tempting to make social media a numbers game. The more followers or “Likes” you have, the cooler, more trusted, desirable brand you must be, right? However, the point of social media isn’t to acquire a mass following, but to build relationships with legitimate potential and current customers. It’s all about quality over quantity – You may have 1 million followers, but if half of them don’t exist or don’t actually give a hoot about your brand, you may as well have none. Focus on increasing the quality of your content rather than increasing your numbers, and you’ll build a solid strategy and fan base.

3. Don’t create fakes comments: Who doesn’t want engagement and comments on posts, as well as a few good reviews on various sites? The problem is, they just can’t come from you – It boils down to dishonesty, and customers can easily see through it. Instead, include calls-to-actions in your social posts like, “Like this post if you agree,” and ask questions that’ll entice customers to respond. Need more reviews on your Yelp page? Encourage customers, and/or even give rewards or discounts to those who do write reviews, but honest ones!

4. Don’t be “Sir Spam-a-Lot”:  Commenting on other social media or blog posts purely for the purpose of getting your own brand out there screams “spammer.” If you think your content is relevant, contact the owner of the post and propose a real linking or collaboration strategy. If you offer value with your content, you may develop a meaningful relationship – Win-win. Check out our post, How to Connect with Online Influencers – Dos & Don’ts for more advice on how to approach these relationships.

 

Top 6 Social Media No-Nos to Avoid.

Housing recovery falls back to 54% back to normal | Bedford Real Estate

The housing recovery is now 54% back to normal in April, down from 56% in March due to the sharp drop in new home starts. Trulia‘s Jed Kolko writes that construction starts dropp to 853,000, down 16% from March. Existing home saled inched up slightly month-over-month, while non-distressed sales increased 25% year-over-year. The delinquency rates + foreclosure rates dropped sharply to the lowest level since September 2008.

To read the full report from Trulia ($29.47 0.2%), click here.

 

Housing recovery falls back to 54% back to normal | HousingWire.

Sacramento housing market nears normal | Bedford Real Estate

With 42 new permits issued in January through March of this year, Sacramento increased by 121% over the same period a year earlier, according to RealtyTrac. Foreclosure starts slid by 74% when compared to the pace from a year earlier, writes the Sacramento Business Journal.

 

Sacramento housing market nears normal | HousingWire.