Tag Archives: Bedford NY Luxury Homes

Space-Saving Wood-Paneled Apartment in Manhattan | Bedford NY Real Estate

When your anthropologist client’s notion of home is shaped both by a single-room hut in a West African village and the tiny New York City apartment she has inhabited since 1980, you’d better get very comfortable with working in cramped quarters.

Such was the case when Brooklyn architect Tim Seggerman was tapped to renovate a moldering brownstone studio on Manhattan’s Upper West Side for a college professor.

The apartment, a 240-square-foot shoebox with a sleeping loft over the kitchen, was in dismal shape, without a true line or flush surface. “You couldn’t imagine a place that was more messed up,” says Seggerman, a man of serene bearing who might easily be confused with the actor Tom Skerritt. His solution was to insert what he calls a “crafted jewel box” into the undersize space, creating an enveloping cabin of blond woods.

Seggerman’s architectural inspiration was not so much African village as mid-century modernism, specifically the work of legendary furniture designer George Nakashima. Both the architect and his client spent adolescent years in Bucks County, Pennsylvania—where Nakashima had his home—and share an affinity for the master’s precision joinery. Seggerman works in the same tradition, crafting the components of his architectural projects by hand in his home studio.

Visiting the apartment is like sitting inside one of Nakashima’s cabinets, a metaphor realized most fully in an ingenious “library”—really just a glorified cubby with a banded maple ceiling, conjured from a free space adjacent to the loft bed.

The entire apartment is a master class in finish carpentry: There are cabinets of cypress and bamboo; a gently chamfered ash-and-beech staircase; flooring of quartered white oak; a desk of red birch slats that slips out into the living space. The lighting in the loft, much of it recessed behind panels of papyrus, lends the space a subtlety that doubles the sense of warmth. “It’s basically a piece of woodwork,” says Seggerman. “I’m very proud of that.”

 

 

http://www.dwell.com/house-tours/article/space-saving-wood-paneled-apartment-manhattan

 

 

 

Fed shocks market, decides not to taper | Bedford NY Real Estate

The Federal Open Market Committee decided Wednesday to keep purchasing additional agency mortgage-backed securities at its current pace to foster the ongoing housing recovery and fight unemployment.

In other words, the market was tricked — no tapering just yet — despite numerous predictions of a $10 billion reduction in monthly asset purchases by the Fed.

The FOMC made that conclusion after members met this week and announced that although the housing sector is strengthening, “mortgage rates continues to rise further and fiscal policy is restraining economic growth.”

As a result, the central bank will continue purchasing agency MBS at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion a month. Yields on 10-year Treasurys dipped from a daily high of 2.9% to below 2.8% on the news. Yields on Fannie Mae and Freddie Mac bonds also dropped, according to Bloomberg, with spreads between MBS and the 10-year swap winding 6 basis points closer.

“The committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy,” FOMC members said.

They added, “However, the committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases.”

The vote for the statement was 11 to 1 with Esther George, president of the Federal Reserve Bank of Kansas City dissenting because she was concerned that the continued high level of bond-buying program increased future economic risks.

 

 

http://www.housingwire.com/articles/26914-fed-halts-qe-wind-down

 

 

Bedford has 3 candidates for open school board seat | Bedford NY Homes

The Bedford Board of Education announced that three applications have been received for an open seat on the board of education: Joe Malichio (Pound Ridge); Edward Reder (Mount Kisco); Brian J. Sheerin (Bedford Corners).

The Board of Education will conduct public interviews of the three candidates at a special board meeting at 7 p.m.  Sept. 18, in the Little Theatre at the Fox Lane Middle School. The meeting will be televised live on BCSD-TV (Bedford Channel 18 and FIOS Channel 1982), available on the district website via live video streaming and subsequently rebroadcast on BCSD-TV and the website.  The League of Women Voters will moderate the interviews.

Copies of the completed applications will be available at the Sept. 18  meeting. To allow for input, members of the community are invited to provide feedback on the candidates by emailing the board of education at boe@bcsdny.org no later than Sept. 20th.

The board will consider each candidate based upon his/her application, interview responses and community input. The board plans to discuss the candidates in an executive session and to announce the appointment of the new member as soon as possible.

The new board member will assume his/her seat on the board and begin the mandated orientation program immediately.  The new member will serve until the May 20 general election for Board of Education members.

 

 

http://northernwestchester.lohudblogs.com/2013/09/13/bedford-has-3-candidates-for-open-school-board-seat/

7 ways to stay safe when buying a home online | Bedford Real Estate

Most consumers are comfortable with their security when banking or shopping online, but house hunting should take your online security to another level.

With 90% of buyers taking to the Internet to search for homes last year, online security experts warn homebuyers that cybercriminals are ready and waiting to take advantage.

“People who are looking for a home have money and criminals are out there watching,” says Dmitry Bestuzhev, head of the global research and analysis team of Kaspersky Lab, an antivirus and security software company in Quito, Ecuador. “It’s like walking around a minefield. Buyers need to take steps to protect their information from identity theft and their computer from viruses.”

Spammers can set up fake websites to capture personal information. The sites are designed to look like legitimate bank or property listing websites.

Start by searching for homes on reputable, well-known websites such as Realtor.com, Zillow.com and Trulia.com.

“People put a lot of trust into the Web but the reality is there’s a bad guy around every corner,” says Robert Siciliano, a personal-security and identity-theft expert in Boston.

 

 

http://realestate.msn.com/7-ways-to-stay-safe-when-buying-a-home-online

Latest Mortgage Rate Update from Freddie Mac | Bedford Real Estate

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.50 percent with an average 0.7 point for the week ending September 19, 2013, down from last week when it averaged 4.57 percent. A year ago at this time, the 30-year FRM averaged 3.49 percent.
  • 15-year FRM this week averaged 3.54 percent with an average 0.7 point, down from last week when it averaged 3.59 percent. A year ago at this time, the 15-year FRM averaged 2.77 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.11 percent this week with an average 0.5 point, down from last week when it averaged 3.22 percent. A year ago, the 5-year ARM averaged 2.76 percent.
  • 1-year Treasury-indexed ARM averaged 2.65 percent this week with an average 0.4 point, down from last week when it averaged 2.67 percent. At this time last year, the 1-year ARM averaged 2.61 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Quotes Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

“Mortgage rates drifted downwards this week amid signs of a weakening economic recovery. Retail sales rose 0.2 percent in August which was nearly half of July’s 0.4 percent increase. In addition, industrial production in August grew 0.4 percent, less than the market consensus forecast. And lastly, consumer sentiment fell for the second consecutive month in September to the lowest reading since April.

“This, in part, was why the Federal Reserve chose to maintain its MBS and bond-buying program at its September 12th and 13th monetary policy committee meeting. It also cited the tightening of financial conditions observed in recent months, which in the case of the housing market means the rise in mortgage rates since May.”

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information please visit www.FreddieMac.com and Twitter: @FreddieMac.

Early Bedford Town Primary Election Results | Bedford NY Homes

The results are in for several primary elections in Bedford races for supervisor, town clerk, town justice and councilman.

Unofficial results suggest that incumbent Erik Jacobsen topped Judy Aydelott for the Independence Party nomination for town justice with 68-percent of the vote and the Conservative Party nomination with 70-percent of the vote.

All other races in Bedford featured candidates running unopposed.

Mary Beth Kass and incumbent Francis Corcoran are the Conservative Party nominees for councilman. Don Scott is the Conservative Party nominee for supervisor. Lisabeth Boo Fumagalli is the Conservative Party nominee for town clerk.

Chris Burdick is the Independence Party nominee for supervisor. Simone Shaprio is the Independence Party nominee for town clerk.

As of Wednesday morning, 88-percent of the vote had been tallied.

The Daily Voice will update results as write-in votes are tallied.

Decoded: the Most ‘Commanding’ Listings in the Country | Bedford NY Real Estate

Welcome back to The Brokerbabble Glossary, where Curbed takes a word or phrase that shows up repeatedly in listings and deciphers its true meaning. Ideas? Hit up the tipline.

commandinglivingroom.jpg [4601 NE Royal Ct, Portland, via Trulia]

Sometimes words get misused in real estate listings because they have multiple meanings, or precisely what they mean in the first place is confusing, or because brokers get a little too excited about the positive attributes of a particular house or property. And sometimes there is just no excuse. This is one of those times.

topfloorviews.jpg [8036 12th Ave NW, Seattle, via Trulia]

There might be a reason that these “top floor” views aren’t pictured.

commandingcathedral.jpg [3009 34th St NW, Washington, DC, via Trulia]

Normally, a “commanding view” is from a dominating vantage point, usually overlooking something. You can debate what that means, exactly, but “through a chain link fence” probably doesn’t cut it.

commandingfireplace.jpg [1106 Autumn Rdg, San Antonio, via Trulia]

This is a pretty dinky fireplace. · The Brokerbabble Glossary archives [Curbed National] · The Brokerbabble Glossary archives [Curbed NY]

House Cleaning Service Costs | Bedford NY Real Estate

t’s a magical feeling to open your door and find your home all clean and smelling fresh. Like Samantha from “Bewitched” just wiggled her nose and, voila, everything shines. A reliable cleaning service can do wonders not only for your home but your state of mind. But keep in mind that the value cleaning services offer may go beyond polished floors and spotless toilets. Sparkling windows, pollutant-free ducts and clear gutters and downspouts are critical to home maintenance as well. How much you’ll pay for a cleaning service often depends on the extent of the cleaning job and the specialized services needed.
Maid Service

The most significant factors affecting the cost of any interior house cleaning or maid service are the number and size of your rooms, whether you own pets, and how often you schedule your cleanings. Many maid services will charge you less per cleaning if you have them come once a week rather than once a month. Some companies will charge more for specialty services, such as window washing, fireplace cleaning, dusting shelves where a large number of books need to be removed and replaced, and cleaning high shelving or ceilings that require a ladder. Some services also will add a trip charge if you live far away from their place of business.  Continue Reading


Select your Cleaning Service project


                Exterior Cleaning

                There’s a reason people talk about spring cleaning. During the winter, your property might be covered in snow, and doing exterior cleaning is nearly impossible. But once the snow is melted, you may find your home’s exterior and much of your property looking messy. Depending on the company (or independent contractor) external home cleaning and lawn and garden clean-up may be charged by the scale of the project or by the hour. An experienced cleaning service should be able to give an accurate price quote before beginning the job.

                 

                 

                House Cleaning Service Costs | Cleaning Service Prices.

                Credit Unions Grow Mortgage Business | Bedford Real Estate

                Credit unions continued to steal market share from other mortgage lenders, originating 2.5 percent more first lien mortgages in the second quarter than the first and growing 5.6 percent over the same period last year.

                First mortgage real estate loans rose to $253.8 billion, up 2.1 percent for the quarter and 5.6 percent year-over-year, the National Credit Union Administration reported yesterday.

                Virtually all of the mortgage business was underwritten by larger credit unions, which are responsible for most of the growth during the quarter.

                “Although the industry is performing well overall, smaller credit unions continue to face challenges with making loans, generating earnings and attracting members,” said NCUA Board Chairman Debbie Matz. “NCUA is committed to providing assistance and support to ensure the viability of small credit unions so they can continue to serve local communities.”

                “The increases in lending, net worth and membership are especially positive signs,”. “The brisk loan growth shows that federally insured credit unions are meeting the needs of more borrowers and putting their assets to productive use. The net worth ratio rose to 10.5 percent, its highest level since 2008. Credit union membership continues to reach a new milestone each quarter.”

                Membership in federally insured credit unions reached 95.2 million, a record high, in the second quarter of 2013. Membership grew by 560,670, or 0.6 percent. Nearly 2.1 million Americans have joined a credit union in the last four quarters.

                While adding members, the number of federally insured credit unions dipped to 6,681, a drop of 72. The decrease is consistent with recent trends, as most consolidations were voluntary mergers.

                Federally insured credit unions reported $613.7 billion in total loans in the second quarter of 2013, an increase of $13.8 billion over the previous quarter.

                The industry’s net worth ratio stood at 10.5 percent of assets at the end of the second quarter, up 34 basis points from the end of the second quarter of 2012. The ratio is at its highest level since the fourth quarter of 2008.

                 

                 

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                http://www.realestateeconomywatch.com/2013/08/credit-unions-move-into-mortgages/

                Realtor recovering after being shot on grounds of $1.88M property | Bedford NY Real Estate

                A Canadian Realtor is recovering after being shot in the head Saturday on the grounds of a 19-acre, $1.88 million listing he represents near Vancouver, British Columbia.

                Franz Prokop of Macdonald Realty was airlifted to a hospital after he was found by the side of the road on the property, which formerly housed a marijuana grow operation and methamphetamine lab.

                Police say the shooting was not random but don’t have a suspect in custody, The Maple Ridge-Pitt Meadows News reports.

                 

                Source: mapleridgenews.com.

                 

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                http://www.inman.com/wire/realtor-recovering-after-being-shot-on-grounds-of-1-88m-property/#sthash.vNA0cTsh.dpuf