Tag Archives: Chappaqua NY Homes for Sale

Chappaqua NY Homes for Sale

Reports: 2 mortgage giants plan to ease lending | Chappaqua Real Estate

Fannie Mae, Freddie Mac and private mortgage lenders are nearing an agreement that may lower restrictions on borrowers with poor credit, in an effort to boost lending amid a tepid housing recovery, according to published reports.

The two mortgage giants are considering programs that would make it easier for lenders to offer mortgages with down payments of as little as 3% for some borrowers, according to reports by Bloomberg and The Wall Street Journal over the weekend, citing unnamed people familiar with the matter.

It would mark a key loosening of lending standards for the mortgage giants and banks in the aftermath of the financial crisis of 2008, when credit requirements were made far more restrictive.

The changes, which could be announced this week, would help banks protect themselves from future claims of making bad loans, the published reports said.

 

read more….

 

http://www.usatoday.com/story/money/business/2014/10/19/frannie-mae-and-freddie-mac-plan-to-ease-lending/17551043/

 

San Francisco Real Estate is Down | Chappaqua Real Estate

Here’s one sign that the cooling off for housing appreciation has become widespread: The hot San Francisco housing market actually saw home prices drop in July, marking the city’s weakest result since early 2012, according to data released Tuesday morning.

Looking at a broader gauge of prices in 20 cities, July saw overall growth of 0.6% in July, slower than the 1% rise in June, according to S&P/Case-Shiller’s 20-city composite index.

After seasonal adjustments, home prices among the 20 cities fell 0.5% in July — the biggest drop since October 2011 — compared with a 0.3% decline in June.

Slower appreciation could encourage more buyers, though prices are still outpacing inflation. A larger number of homes on the market has helped cool down home-price growth. At the same time, demand has been somewhat curbed by increasingly pricey properties and mortgage loans.

Meanwhile, annual growth slowed down, with year-over-year home prices rising 6.7% in July — the slowest pace since late 2012 — compared with annual growth of 8.1% in June. Among the 20 tracked cities, 19 saw slower annual growth in July.

“The geographic breadth of the pullback in prices is noteworthy,” Stephen Stanley, chief economist at Pierpont Securities, wrote in a research note. “Apologies if you are looking to sell your home, but perhaps a bit of relief on the price side will help to bolster housing demand, which has been disappointing lately.”

 

 

read more….

 

http://www.marketwatch.com/story/house-prices-see-widespread-slowdown-in-july-2014-09-30

 

Down to Earth Farmers Market | #Chappaqua Real Estate

 

JAN2014-DTE-E-Mail-Masthead_(722x226pxl)FRESH-2-(1

Sale on Wave Hill Breads’ Roman Focaccia;
Pledge to Support Ossining Farmers Market w/American Farmland Trust;
Chef Maria Reina Hosts Cooking Demo in Piermont + MORE

September 11-17th, 2014

DowntoEarthMarkets.com

What’s New, In Season, and On Sale This Week
Apfelstreusel (Apple Crumble)
Locally sourced
Christiane’s Backstube

Brioche Loaves
Perfect for French Toast

Wave Hill Breads

Buttermilk White Loaves
Wave Hill Breads

Cauliflower
Gajeski Produce

Concord Grapes
Wright Farm

Frozen Kofta, Rajma,
Roti Roll, Saag, & Samosa

Bombay Emerald Chutney Co.

Honey Whole Wheat Loaves
Wave Hill Breads

Pears
Wright’s Farm

Plums
Wright’s Farm

Pretzels
For the Oktoberfest season
Christiane’s Backstube

Pumpkin Butter
Meredith’s Bread

Pumpkin Cookies
Regular and gluten-free
Meredith’s Bread

Roman Focaccia
Buy 2, get one FREE! (Reg. $5 ea.)
Wave Hill Breads

Watermelon
Alex’s Tomato Farm
Gajeski Produce

Whole Chickens
Wright’s Farm

Zwetschgendatschi
(Plum Cake)

Made w/apples & plums from Migliorelli Farm
Christiane’s Backstube


Click on a Market to see all vendor and event details…                  

Westchester
County


Rockland
County

Ossining

Saturdays
8:30 am-1:00 pm


Larchmont

Saturdays
8:30 am-1:00 pm

Piermont

Sundays
9:30 am-3:00 pm

Croton-on-Hudson

Sundays
9:00 am-2:00 pm


Rye

Sundays
8:30 am-2:00 pm

Spring Valley

Wednesdays
8:30 am-3:00 pm


Tarrytown/Sleepy Hollow

Saturdays
8:30 am-1:00 pm

New Rochelle

Fridays
8:30 am-2:30 pm


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
Ossining

On Saturday, join us at the market for an “I Love My Farmers Market Celebration” with the American Farmland Trust. The celebration will feature music by Les Tappan Zigues from 10 am to noon AND a free yoga class in Market Square from noon to 1 pm.

The American Farmland Trust will encourage market customers to pledge their support for the market. A pledge is a commitment to shop at the market. They will record the dollars pledged and announce the total at the end of the market day. In exchange, shoppers will receive a “No Farms, No Food” bumper sticker, as well as a Made in the USA canvas tote bag. These reusable bags are the perfect accessory as the market strives to be free of plastic shopping bags by September 27th.

Piermont

Chef Maria Reina will give a free cooking demo at the Piermont Farmers Market
from 9:30-11:30 am. She always whips up healthy, seasonal dishes with products that can be found at the market. You’ll get to sample her delicious cooking and get ideas for dinner.

AND for the talented bakers of the area, registration is now OPEN for the 2nd Annual Piermont Apple Pie Contest. The judges will be renowned Chef Peter X. Kelly, Mark Tasker, Head Pastry Chef of Balthazar, and esteemed Piermont community member, Sylvia Welch.
The panel will determine the winner in the categories of Best Tasting, Best Looking, Most Creative, and Most Traditional. Then they will turn the judging over to the public to taste each entry and vote on Best Overall. Register this Sunday at the market or online HERE.

For additional events, visit our Down to Earth Markets Event Calendar.

Stay tuned to all market happenings via our Down to Earth Markets Facebook page
and follow us on Instagram and on Twitter @DowntoEarthMkts.

Cardamom Summer Chowder by Calcutta Kitchens
Corn closeup

Hey there Corn, have you met Cardamom Summer Chowder yet?

At Down to Earth Farmers Markets, we love to bring together both local farmers and food makers who source locally. Aditi Goswami, the founder of Calcutta Kitchens, is an example of the latter. She grew up going to the fresh food markets of India, and now she’s dedicated to using local farmers’ ingredients in her Indian simmer sauces. She lets the changing harvest inspire her kitchen ideas and she recently shared this recipe for Cardamom Summer Chowder. For the late summer harvest, Aditi now gives us a delicious – and easy! – stage…ENJOY. 

Cardamon Summer Chowder

Ingredients

1 16 oz jar of Calcutta Kitchens Bengali Cardamon & Coconut Simmer Sauce
2 ears of fresh corn cut into 1.5″ pieces or just kernels
1 large tomato chopped
1 garlic clove chopped
2 tsp oil
1 fresh pepper of your choice, chopped with seeds removed
1 summer squash chopped
4 cups assorted seafood (clams, mussels, shrimp) OR two cups cubed tofu

Directions

In a stockpot, add oil and sauté garlic for 30 seconds. Add jar of sauce and 1/2 cup water. Add all vegetables, bring to a simmer, turn heat to medium and cover. Cook for 5 minutes. Add seafood (or tofu) and cook another 3-4 minutes covered until cooked through. (Clams and mussels will open – discard any unopened ones.) Serve hot with fabulous crusty bread from the market! – Aditi

Find Calcutta Kitchens at the Down to Earth Farmers Markets in Larchmont and Park Slope this weekend.

Rotating* Vendors This Week
*Vendors who rotate through various markets during the season.
They enjoy getting to know many communities, and here’s where to find them this week:

Croton-on-Hudson

The Peanut Principle (Gourmet nut & seed butters)

Larchmont 

Bombay Emerald Chutney Company
Calcutta Kitchens
Flourish Baking Company
Maupston Design Studio (Handspun yarns & roving)
Pie Lady & Son
Robinson & Co. Catering (Locally sourced, British-inspired prepared foods)
Trotta Foods

Ossining 

Bombay Emerald Chutney Company
Hudson River Apiaries

Piermont 

Christiane’s Backstube (Locally sourced, German-inspired baked specialties)
Taiim Falafel Shack

Rye

Bombay Emerald Chutney Company
Tuthilltown Spirits Farm Distillery

Tarrytown

#Freedom Craft Brewery

Down to Earth Markets 173 Main Street Ossining, NY 10562 Phone: 914-923-4837
DowntoEarthMarkets.com

Would you live in a house clinging to a cliff? | #Chappaqua Real Estate

 

Cliff House

A design for a home anchored to a sheer cliff face offers a striking vista. But what would it take to live in such a place, asks Jon Kelly.

For sale: distinctive seaside property with spectacular coastal views. Would suit high-value buyer untroubled by vertigo.

So far it only exists as a concept, but the design for the Cliff House by Modscape, an Australian firm that designs and builds prefabricated homes, is enough to give a lurch to the stomach of anyone uneasy with heights.

Here’s the pitch – it features three bedrooms (two doubles, the other en-suite), a stylish living space, a carport, separate bathroom and (tantalisingly or nausea-inducingly, depending on your tolerance of sheer drops) an open-air spa and barbecue area on the bottom floor. Artfully minimalist interior décor focuses visitors’ attention on “transcendent views of the ocean”.

According to the company’s website, the plans were drawn up after a couple approached the firm asking its designers to explore how to build a holiday home along “extreme parcels” of coast in Victoria.

 

 

read more…

 

http://www.bbc.com/news/blogs-magazine-monitor-29127057

Meet the investors behind NYC’s hottest real estate startups | Chappaqua Real Estate

It’s no surprise that Uber, Instagram and Buzzfeed are attracting big-name technology investors. The three upstart businesses are rattling the cages of established industries and possess an undeniable ‘cool’ factor. But what may surprise some is that many of the early backers of these companies are also betting big on startups in the New York real estate scene.

Josh Kushner’s venture capital firm Thrive Capital, a backer of Uber and Instagram, is also an investor in leasing platform Hightower, real estate marketplace Honest Buildings and residential brokerage Urban Compass. Founder Collective, which backs Buzzfeed, also bankrolls office search marketplace 42Floors and real estate information firm CompStak. This cross-pollination by investors, sources said, shows that real estate is now truly on the tech industry’s radar.

“For too long, the real estate and tech industries were not communicating with each other and that’s what’s really changed over the past few years,” said Jared Kushner, CEO of Kushner Companies and an active player in the space through an investment in Thrive. “As a result, tech startups are starting to solve important problems, which has led to the creation of better companies and more investor interest.” That interest is translating into a lot of cash, too.

Globally, real estate tech startups pulled in more than $740 million in funding between July 2012 and July 2014, as The Real Deal reported last month. That number doesn’t take into account recent capital raisings in New York, such as Urban Compass’ $40 million Series B funding round and Hightower’s $6.5 million Series A round.

 

 

 

– See more at: http://therealdeal.com/blog/2014/08/25/meet-the-investors-behind-nycs-hottest-real-estate-tech-startups/#sthash.6MTRoAcm.dpuf

Millennials better at paying their mortgages | Chappaqua Real Estate

 

The youngest group of mortgage borrowers posted the lowest mortgage delinquency rate, falling to 2.34% at the end of the second quarter, according to a new report from TransUnion.

“Mortgage delinquency rates continue to drop and we are seeing this decline across all age groups,” said Steve Chaouki, head of financial services for TransUnion.

However, it is important to note that this age group also makes up the smallest portion of mortgage accounts, only representing 4.16%.

(source TransUnion: click for larger image)

millennial

Overall, the mortgage delinquency rate declined for the 10th consecutive quarter, decreasing to 3.46% at the end of Q2 2014. This is down nearly 20% in the last year.

“Overall, the improvements in the mortgage delinquency rate can be attributed to a number of factors. These include the clearing of severely delinquent accounts through foreclosure as well as a lower rate of new delinquencies from post-recession vintages, which generally are of significantly higher credit quality and have experienced much better performance than mortgages originated before the recession,” Chaouki said.

 

 

read more…..

 

 

Millennials better at paying their mortgages

Funding Approved For Repairs To County Roads In New Castle | Chappaqua Real Estate

 

Several county roads in New Castle are among those that will have work paid for through funding approved by the Westchester County Board of Legislators, according to County Executive Rob Astorino’s office.

The total amount of funding is $5 million and will be used to finance work on 40 county roads that have been damaged. The New Castle roads include portions of Washington Avenue and South Greeley Avenue in downtown Chappaqua and a portion of Seven Bridges Road between the Yorktown border and Route 133.

The board approved the funding on Tuesday in a 16-0 vote, according to Astorino’s office.

“This is a big win for taxpayers and motorists,” the county executive said in a statement. “Last year’s storms and tough winter did a number on our roads, and while our road crews did a good job making repairs where necessary, this new program gives the county the capability to respond more quickly when urgent repairs are needed.”

 

read more…

 

http://chappaqua.dailyvoice.com/news/funding-approved-repairs-county-roads-new-castle

 

Rentals in demand: Central Harlem back in top 5 | Chappaqua Real Estate

 

With 20-somethings scavenging for more affordable rentals in Manhattan, demand for Central Harlem units among prospective renters jumped last week, according to apartment listings website Zumper.

Central Harlem made it into the top five popular neighborhoods for the first time in nearly two months. The Upper West Side, Upper East Side and East Village topped the list, followed by Central Harlem and Greenwich Village. The median rent inquiry in Manhattan fell to $2,450, largely as a result of the Harlem surge.

The priciest inquiry was for a four-bedroom Chelsea rental seeking $7,000 per month, while the cheapest was for a Washington Heights studio renting for $1,150 per month.

As for apartment sizes, two-bedrooms dominated with a bit more than a third of the leads and a median inquiry of $2,795 per month. One-bedrooms and studios were next with a 26 percent and 23 percent share of the leads, respectively. Three-bedrooms accounted for 15 percent of the leads.

 

 

read more…

 

 

http://therealdeal.com/blog/2014/07/16/rentals-in-demand-central-harlem-back-in-top-5/

Despite drop, cash sales still rule market | Chappaqua Real Estate

 

 

Despite cash sales dropping in 102 of 126 metro areas in the first quarter of 2014 compared to a year ago, cash still rules the market, according to a recent Zillow report.

“Even as the share of all-cash sales falls in many areas, it’s pretty clear that cash is still king, especially at the lower end of the market,” said Zillow Chief Economist Stan Humphries.

“It can be difficult for more traditional buyers to compete with cash offers, especially in a tight inventory environment and among cash-strapped first-time buyers most likely to seek lower-priced properties,” Humphries said.

“Housing is much more than an investment for most buyers, and it’s heartening to see more buyers armed with traditional financing begin to enter the market. This is a critical step on the way back to a more normal, balanced housing market,” he added.

However, homes priced in the lowest third of all homes available are the most attractive to cash buyers.

In 27 of the top 30 metros, more than one third of all sales of the lowest-priced homes were made by cash.

Furthermore, in three of the top 10 metros – Tampa, Detroit and Miami – more than 80% of all sales in the lowest price bracket were cash deals.

As reported by HousingWire back in May, “Strict lending standards combined with low inventory continue to give the advantage to investors and other cash buyers in this housing market,” said Daren Blomquist, vice president at RealtyTrac.

 

 

read more…

 

Despite drop, cash sales still rule market

How to build a tiny house for $30,000 | Chappaqua Real Estate

 

This is Alek Lisefski’s tiny home, which was built on a 8-by-12-foot flatbed trailer and inspired by his desire to live a simpler, more sustainable lifestyle. The home measures 13 feet and 4 inches tall, 8 feet and 6 inches wide, and 20 feet long, and can be pulled behind a car

 

read more…

 

http://realestate.msn.com/how-to-build-a-tiny-house-for-dollar30000