Tag Archives: North Salem Homes

North Salem Homes

Drab to Fab: Unearthing Your Home’s Hidden Diamonds | North Salem Real Estate

 

 

Every home has “that room” – the one space that’s desperately dated, in disrepair, or otherwise in need of serious help. Of course, that room usually is the one space that everyone can see (we’re looking at you orange kitchen, carpeted bathroom, and boring backyard). So, how do you transform the embarrassing into the astonishing? We’ll show you how to find your diamond in the rough.

Fixin’ the KitchenFixin' the Kitchen

Not surprisingly, 33% of HomeAdvisor users reported that the kitchen was the room that could benefit the most from a refresh. And while many of us dream of gutting our kitchens, it’s possible to get a kitchen you can be proud by making a few key updates to your cabinets and countertops.

You probably don’t need to take a look at your cabinets to tell us whether you hate them or not. If you’re like many homeowners, you’re not too fond of them. Perhaps they’re broken and worn out. Or maybe they’re just plain ugly. Whatever the case, updating them will have a huge impact on your kitchen’s look. The question is: do you need to replace them, reface them, or simply paint them? In many cases, the answer depends on your budget. To help you decide, we recommend taking a look at our Cost Guide to see how much others in your area are paying for similar projects.

Let’s talk about your counters. If you aren’t happy with your kitchen there’s a good chance your countertops are partially to blame. While the reasons for your disdain are probably many, there are a couple of things you can do to rid yourself of your ugly counters. Your first option is to replace them. While this is the spendiest option, it’s the option that will have the biggest impact on the look and value of the room. Your other option (if you have laminate counters) is to resurface them. Far less expensive than replacing your countertops, resurfacing your counters is a labor-intensive, yet affordable option that can change the look of your kitchen without breaking the bank. To learn what option is best for you, we recommend talking to a counter pro.

Bathroom BreakthroughBathroom Breakthrough

Don’t like your bathroom? You’re not alone. You could open the checkbook and remodel your bathroom. Or you could make a few strategic updates that are guaranteed to have an impact.

When it comes to a bathroom update, one of the biggest areas of opportunity is to replace your shower or bathtub. Like most fixtures, bathtubs and showers start to show their age after a number of years. Sometimes the fix is as easy as having the tub refinished. This is a great option if you have a period tub that will be costly to replace. If refinishing is out, spending the money on a high-quality replacement will get you a tub or shower that will improve the look of the room and the value of your home.

If replacing your tub isn’t in the cards, replacing your cabinet hardware and light fixtures are affordable updates that can have freshen up your dated bathroom. While both jobs are doable DIY-projects, replacing your light fixtures can be tricky, especially if you’re not comfortable working with electricity. If you’d rather contract the job out to a pro, we can help you find a pro you can trust. (NOTE: When working with electricity, always make sure to turn the power off at your service panel.)

Luxe LandscapingLuxe Landscaping

When it comes to remodeling, the yard is often one of the last spaces to be addressed. Though this makes perfect sense from a budget standpoint, it makes less sense when you consider how visible your yard is and how much curb appeal can affect your home’s value. So, what can you do to transform landscaping your loathe in a yard you can be proud of? Here are a few options.

Perhaps the project that will have the most immediate impact is clearing out or trimming overgrown shrubs, bushes, and trees. While it can be very labor intensive, cleaning up your landscaping is a project that can be tackled in as little as a few hours or as long as a weekend. Or you can clear your calendar and hire a landscaping pro to do the job for you. Think you look good after a haircut? Just imagine how your yard will look.

read more….

http://welcome.homeadvisor.com/diamondintherough?m=homesense&entry_point_id=28038335

$35M Kessler Canyon Ranch Wants $1M a Square Mile | North Salem Real Estate

 

24 images

Location: Garfield County, Colo.
Price: $35,000,000
The Skinny: According to the listing, Cowgirl magazine once said of this ranch that “Arriving at Kessler Canyon is like entering a new state of mind”, which tells us that there is such a thing as Cowgirl magazine, and that the scenic beauty and luxury of the place is impressive even to hard-bitten, outdoorsy travel journalists. Sitting on 35 square miles of rugged western Colorado land (a spread only slightly smaller than the city of Boston), Kessler Canyon offers plenty of wilderness activities for its next owners and dozens of their paying guests. Originally built as a private ranch by the Kessler family, it’s currently being used as a resort featuring a five-star, eight-bedroom hunting lodge, a six-suite guest house, and five guest cabins, as well as a luxurious owner’s suite. Outdoors there’s a skeet shooting range, boating, and plenty of fish and game to hunt. Inside there’s a wine tasting cellar, something called the “Poseidon Spa,” and the “Safari Lounge,” not to mention a rod and gun room. It’s asking $35M, and can continue to be run as a resort, or can be converted back to a private retreat.

 

 

read more….

 

 

http://curbed.com/archives/2014/06/09/35m-kessler-canyon-ranch-wants-1m-per-square-mile.php

Teatown Lake Reservation News | North Salem Real Estate

 

logo
FREE
MEMBERS ONLY!
Movie Night
on the lawn behindTeatown’s Nature Center
featuring
“A Birder’s Guide to Everything”
rated PG-13
The movie, partially filmed at Teatown, uses birding as the starting point for a tender and gentle coming-of-age story.
Weather for Friday is looking good!
Bring the kids and join us
Friday, June 6th *
7:15 pmBring your own seating and picnic dinner
8:15 pmMovie begins
*Raindate : Saturday June 7th
same time as above
Rain on raindate – movie is cancelled
Not a member and would like to attend the movie?
For more information
call Jean at
914-762-2912 x 124
Stay Connected
Like us on Facebook Follow us on Twitter View our profile on LinkedIn
Teatown Lake Reservation
1600 Spring Valley Road
Ossining, NY 105
62

Cambridge leads the way in regional housing boom | North Salem Real Estate

 

Eastern Massachusetts appears headed toward another housing boom that could turn out bigger than the last one as frenzied real estate activity near Boston begins to spread to outer suburbs and beyond, economists and housing specialists say.

The projection is based on trends in communities that historically have led the region’s housing market, particularly Cambridge. The red hot market there has already pushed the median price 30 percent above the pre-recession peak and housing specialists say it’s only a matter of time before other cities and towns follow.

“Traditionally, Cambridge and other areas in or near Boston are first to explode in housing prices, then it spreads to Route 128 and eventually even further out,” said Mark Hickey, an economist at CoStar Group, a real estate research firm in Boston. “Cambridge is kind of the canary in the coal mine.”

The Cambridge housing market has become so hot over the past 18 months that buyers are paying an average of 4 percent above the asking prices of sellers, according to data compiled by CoStar. By comparison, sale prices in Cambridge never exceeded average asking prices during the last decade’s housing boom — or the housing boom that accompanied the dot-com era of the 1990s, data shows.

Homes for sale in Cambridge now last only about eight days on the market before they’re snapped up by buyers, compared to the norm of 50 to 70 days during the last housing boom, according to CoStar. Even at the very peak of last decade’s housing frenzy, Cambridge homes still took more than a month to sell on average.

 

 

read more…

 

http://www.bostonglobe.com/business/2014/05/19/boston-and-beyond-another-housing-boom-way-maybe-bigger-than-last-one/OnYyr5v5gme8JWjHBcHMyJ/story.html

Is the smart money exiting the housing market? | North Salem NY Homes

 

 

The number of all-cash residential property buyers in the U.S. was on the rise in the first quarter, while institutional investors increasingly bowed out of the market.

All-cash buys constituted 42.7 percent of all residential property sales in the first quarter of 2014 — up 37.8 percent from the previous quarter and a 19.1 percent jump year-over-year, according to RealtyTrac’s first-quarter institutional investor and cash sales report, cited by Zero Hedge.

Institutional investors, meanwhile, are trickling out of the market. Traditional all-cash buyers like Blackstone accounted for only 5.6 percent of U.S. residential sales in the first three months of the year, down from 6.8 percent the previous quarter and 7 percent in the same period a year ago. This marks the lowest level of investment for institutional investors since the first quarter of 2012, according got the report.

“Strict lending standards combined with low inventory continue to give the advantage to investors and other cash buyers in this housing market,” Daren Blomquist, vice president at RealtyTrac, told Zero Hedge. “The good news is that as institutional investors pull back their purchasing in many markets across the country, there is still strong demand from other cash buyers — including individual investors, second-home buyers and even owner-occupant buyers — to fill the vacuum of demand left by institutional investors.”

According to some industry watchers, the trend is evidence that “smart money” is exiting the market, leaving property flippers to pick up the scraps and deep-pocketed foreign buyers to snatch up properties as second, third or fourth homes.

 

 

read more…

 

http://therealdeal.com/blog/2014/05/08/is-smart-money-exiting-the-housing-market/

Weaker sales slowed US home price gains in March | North Salem NY Homes

 

U.S. home prices rose at a slightly slower pace in the 12 months that ended in March, a sign that weak sales have begun to restrain the housing market’s sharp price gains.

Data provider CoreLogic says prices rose 11.1 percent in March compared with March 2013. Though a sizable increase, that was down a bit from February’s 12.2 percent year-over-year increase.

On a month-to-month basis, prices in March rose 1.4 percent from February. But CoreLogic’s month-to-month figures aren’t adjusted for seasonal patterns, such as warmer spring weather.

Home sales and construction have faltered since last fall, slowing the economy. A harsh winter, higher buying costs and a limited supply of available homes have discouraged many potential buyers. Existing-home sales in March reached their lowest level in 20 months.

Some signs suggest that buying might be picking up a bit as the spring season gets underway. Signed contracts to buy homes rose in March for the first time in nine months, the National Association of Realtors said last week.

Even so, economists forecast that sales of existing homes will barely rise this year from 2013’s pace of 5.1 million. Sluggish sales, in turn, will slow annual price gains this year to roughly 5 percent or 6 percent, economists predict. CoreLogic forecasts that prices will increase just 6.7 percent in the 12 months that will end next March.

Higher prices typically encourage some homeowners to sell, yet the number of homes on the market remains low. CoreLogic’s chief economist, Mark Fleming, said many homeowners might be reluctant to sell because they’ve locked in low mortgage rates and are hesitant to buy a home with a higher-rate mortgage.

The Federal Reserve’s bond-buying program helped reduce the average rate on a 30-year fixed mortgage to as low as 3.3 percent in early 2013. The average is now about 4.3 percent, according to mortgage buyer Freddie Mac.

 

read more…

 

http://news.yahoo.com/weaker-sales-slowed-us-home-price-gains-march-121309889–finance.html

 

Most expensive US homes for sale | North Salem Homes

 

With the recent $120 million sale of Greenwich’s Copper Beech Farm, previously the priciest single-family home in America, it’s time to update our list of the most expensive homes currently for sale on realtor.com.

While a prime 258-acre parcel in the Bel Air community of Los Angeles ranks as the most expensive property with an ask of $125 million, the crown of “most expensive home” now rests on an opulent mansion-estate in New York City.

 

read more…

http://realestate.msn.com/most-expensive-us-homes-for-sale

6 states and 13 metros with the biggest slow-down in sales | North Salem Real Estate

 

Despite the annual increase in residential sales volume nationwide reported Wednesday, data from RealtyTrac shows that the sales volume in March decreased from a year ago in six states and 21 of the nation’s 50 largest metro areas.

Nationally, home sales slipped 0.2% to a seasonally adjusted annual rate of 4.59 million in March from 4.6 million in February, and are 7.5% below the 4.96 million-unit pace in March 2013.

Last month’s sales volume remained the slowest since July 2012, when it was 4.59 million.

Major metros with decreasing sales volume from a year ago included:

  1. San Jose (down 18%)
  2. San Francisco (down 15%)
  3. Los Angeles (down 14%)
  4. Rochester, N.Y., (down 14%)
  5. Sacramento (down 13%)
  6. San Diego (down 12%)
  7. Orlando (down 12%)
  8. Las Vegas (down 12%)
  9. Providence, R.I. (down 12%)
  10. Phoenix (down 11%)
  11. Riverside-San Bernardino, Calif. (down 11%)
  12. Hartford, Conn., (down 10%)
  13. Boston (down 8%)

For the states with the biggest declines in sales volume, and the cities that have experienced the biggest price recovery, click below.

 

 

read more…

http://www.housingwire.com/articles/29788-states-and-13-metros-with-the-biggest-slow-down-in-sales

50 Photos to Celebrate the Start of the 1964 World’s Fair | North Salem Real Estate

 

50 images

Fifty years ago today, all eyes turned to Queens for the gala kick-off to the  1964 World’s Fair. It was an event whose size and scope were unparalleled, leaving New Yorkers and others today with countless indelible memories. Fast-forward half a century, and one of the last structures specially built for the fair that is still standing, the New York State Pavilion, was just named a “national treasure” by the National Trust for Historic Preservation. The pavilion opened to the public today for the first time in decades. While Curbed will soon have photos of the architectural relic in its current decrepit state, let’s fete the fair’s 50th anniversary with a collection of 50 historic photos shot when all the attractions were in their prime. Culled from the archives of the New York Public Library, the Queens Museum, and personal collections shared online, the images show the construction of iconic Unisphere, the international pavilions, the elaborate “Futurama” show from General Motors, and much more.

 

 

read more…

http://ny.curbed.com/archives/2014/04/22/50_photos_to_celebrate_the_start_of_the_1964_worlds_fair.php

Sail Away on This ‘Temple of Light’ Houseboat For $1.095M | North Salem Real Estate

 

Docked in  Sausalito, Calif. and newly on the market for $1.095M, this utterly sweet Temple of Light listing combines all the seafaring fun of living aboard a houseboat with the tranquility of bunking down in one’s very own temple. While the brokerbabble fails to confirm whether the three-bedroom, 1,743-square-foot home has ever actually functioned as a meeting place religious practice, the “light” part of the hippie-esque name makes total sense, considering just how much natural sunlight the A-frame design provides. Huge skylights cover each slanting ceiling, while one entire end of the house is capped in floor-to-ceiling glass, providing both access to the jacuzzi-equipped porch and killer lake views. Take a look at the cozy home, below…

 

 

 

http://curbed.com/archives/2014/04/15/buy-this-adorable-temple-of-light-houseboat-for-1095m.php