Tag Archives: North Salem NY Real Estate

North Salem NY Real Estate

The pace of the housing market has picked up | North Salem Real Estate

Several factors are contributing to the market’s need for speed these days, writes Redfin. Demand is high and supply is low, which forces people to make decisions very quickly. Also, new technology is compressing the timeline from listing to tour and offer.

Today, people can find out within minutes when a new listing has hit the market and to schedule an in-person home tour with real estate agent, all from a smartphone. While market conditions like supply and demand will fluctuate over time, changes brought about by technology are most likely creating a “new normal” for the overall pace of home buying and selling, according to Redfin.

 

The pace of the housing market has picked up | HousingWire.

Investors Exit London for Cities Led by Birmingham: Real Estate | North Salem Real Estate

For most property investors, the U.K. is a country with one city.

Private-equity firms, pension funds and millionaires from Russia to Qatar spent more on real estate in London than the rest of the country for the first time last year, lifting values there while prices elsewhere sank. Now investors such as Legal & General Group Plc (LGEN) and Aviva (AV/) Plc are being attracted by higher returns available from cheaper real estate outside the capital.

The value of income-producing properties outside London fell 7.2 percent from September 2011 through March while rising 7.4 percent in the city’s center, as a double-dip recession prompted buyers to avoid all but the safest prime assets, according to Investment Property Databank Ltd. That pushed non-London yields, or income as a percentage of the price, to 6.5 percent in March compared with 4.3 percent in London’s most expensive districts, IPD said.

“The shift away from core to a higher-risk mentality is the dominant trend that I see in 2013 and 2014,” Joe Valente, head of research and strategy at JPMorgan Asset Management, said in an interview. “Not everyone is well equipped to go up that risk curve.”

That doesn’t mean all markets are appealing. Investors are focused on properties with steady rental income or those that can be put to better use. Few in the property industry predict that commercial property values outside the capital will appreciate meaningfully until the U.K. economy improves.

Birmingham, Manchester

Pension funds and insurance companies like Legal & General and Aviva are hunting in larger regional cities such as Birmingham and Manchester, where the value of some properties has started to rise and the amount of empty space is lower than in previous recessions.

The Co-Operative Group Ltd.’s headquarters in Manchester was bought by Chinese sovereign wealth fund Gingko Tree Investment and German fund Grundbesitz Europa in February, a person with knowledge of the deal said. The price was 142 million pounds ($216 million), according to the person, who asked not to be identified because the matter is private. Gingko declined to comment.

Billionaire George Soros’s Quantum fund got a slice of the development market outside London when it bought 5.7 percent of Development Securities Plc (DSC) in January and increased its stake to 6.8 percent this month, according to stock exchange filings. About 90 percent of the developer and property investor’s income-producing assets are outside London, according to its annual report

 

Investors Exit London for Cities Led by Birmingham: Real Estate – Businessweek.

London development generates nearly $1B in sales before groundbreaking | North Salem Real Estate

Overseas buyers who account for half of new-home purchases in London are helping drive nearly $1 billion in sales in Circus West at Battersea Powerstation, a new neighborhood of 866 homes that will break ground in July, Bloomberg reports.

The project is part of London’s largest redevelopment area, which is centered around a decommissioned coal-fired power plant on the south bank of the River Thames. By 2030, as many as 16,000 new homes are expected to be constructed around Battersea Powerstation.

The old power plant, which was featured on the cover of Pink Floyd’s 1977 album, “Animals,” is said to said to be the largest brick building in Europe. A new U.S. embassy is also planned for the Vauxhall Nine Elms Battersea Opportunity Area, which will be served by an extension of London’s underground transit system. Source: bloomberg.com.

– See more at: http://www.inman.com/wire/london-development-generates-nearly-1b-in-sales-before-groundbreaking/#sthash.11pcSR3Y.dpuf

 

London development generates nearly $1B in sales before groundbreaking | Inman News.

10 Tips to Create Killer Social Content that Gets You Found | North Salem Realtor

It’s no secret that in today’s business world, companies must constantly produce new content. But are you producing quality social content with a WOW factor that gets you found? The truth is it’s really not that hard to do. There are so many options to consider when it comes to creating quality content that stands out in a crowd. Blog posts, videos, eBooks, whitepapers, webinars, social media updates, Slideshare presentations…just to name a few. It just takes time, the right dedication and effort.

When done consistently and correctly, quality content will improve search engine rankings, drive new traffic to websites and nurture leads into customers for years to come. Below are 10 tips so that you can start creating killer social content with a WOW factor that gets you found!

Keep up with information relevant to your industry. Setting up RSS feeds, subscribing to industry newsletters and setting up Google Alerts on branded and non-branded keywords are all ways to keep up with news relevant to your industry. You can take these industry articles and create social content with your own spin that identifies trends your clients would be interested in reading and learning how it will affect them. For example, I might create a series of blog posts covering recent Google algorithm updates to teach potential clients about the changing needs and challenges of content marketing and SEO for their business.

Social media conversations are a reflection of your brand. Therefore, it’s important that you monitor and engage with your audience to humanize your brand and let them know you care about them and their needs. Tools such as Hootsuite and TweetDeck can help you manage, monitor and measure your social content marketing effectiveness. Below is an example of engaging social content in Twitter from Celsius, a healthy energy drink company. This is a great example of a company engaging with a customer, making this person feel important which in turn humanizes the brand.Twitter social conversation from @CelsiusOfficial

Gone are the days when content is just written by CEOs and managers. Everyone in your company can write social content around their individual areas of expertise. Create an editorial content calendar that maps out who writes what and when. An editorial calendar really keeps things organized and lays out your content strategy and plans. My area of expertise is SEO and content marketing, so I contribute blog content around topics such as how social media affects SEO results and Pinterest marketing tips. You could have your sales staff create a short video series on how best to choose the products and services you sell. You might even post Q&A with some of your customers like IT business and consulting services firm Tribridge did and how they benefit from your products and/or services.

When it comes to writing, sometimes you just feel tapped out for ideas. Or maybe you have an idea or concept but don’t know how to put it into words at the moment. Keeping a content backlog helps to save your ideas so that you can come back to them at a later time and write then. Keep bullet lists, product reviews, videos, photos, how-to guides and interviews in your backlog so you can write more social content pieces at a later date.

It’s perfectly alright to take content you’ve written in the past and republish it as a fresh, new piece. It saves time, resources and provides an updated spin on a topic. Add a short video and provide updated content to an old whitepaper. Use questions taken from a webinar or presentation to put together an eBook. Turn videos into blog posts or a blog post series. Turn one piece of social content into as many formats as possible – turn a whitepaper into a YouTube video, a shortened Slideshare presentation, a blog post series, a webinar. The possibilities are endless!

 

10 Tips to Create Killer Social Content that Gets You Found | Find and Convert.

Use One of These 4 Simple Garden Designs to Grow the 12 Best Kitchen Herbs | North Salem NY Real Estate

.The stunning flavors of culinary herbs make them star players in a healthy diet, and the best way to make the most of big-flavor herbs is to grow them yourself. This article includes plans for four herb gardens, each designed to fit into a 12-square-foot area, to help you make the best use of space near your kitchen door. See Top 12 Kitchen Herbs for more on the featured herbs: basil, chives, cilantro, dill, marjoram, mint, oregano, parsley, rosemary, sage, tarragon and thyme.

You could grow kitchen herbs in a geometrical design dating from the days of medieval monasteries if you like, but there are easier ways to include culinary herbs in your landscape design. By following a few basic guidelines and choosing to grow the herbs you’re most likely to use, you can grow a generous supply of kitchen herbs in a surprisingly small space. Add some container herbs that are marginally hardy or prone to crowding out other plants, and you’re well on your way to a gourmet herb garden.

The first and most important step is to grow your herbs as close as possible to your kitchen door. “Accessing your kitchen herbs should be as easy as going to your pantry for the dried version,” says V.J. Billings, who grows herb plants by the thousands at Mountain Valley Growers in Squaw Valley, Calif. To find great places to grow herbs, simply walk out your back door and survey every space within 20 paces that gets at least a half day of full sun. As you plan, consider the times you will dash out to grab a handful of chives, dill or basil when it’s raining or something on the stove needs your attention. Having your herbs within easy reach of a walkway or well-placed steppingstones can also make a big difference.

Herbs need average or better soil and good drainage, but they are generally not as demanding as vegetables and flowers. With kitchen herbs, it’s better to make use of a convenient location than to move away from the house in search of better soil.

Read more: http://www.motherearthnews.com/organic-gardening/use-one-of-these-4-simple-garden-designs-to-grow-the-12-best-kitchen-herbs.aspx?newsletter=1&utm_content=05.17.13+GFSS&utm_campaign=2013+GFSS&utm_source=iPost&utm_medium=email#ixzz2TYpjyzJQ

18 Photos of FiDi When the Twin Towers Were the New WTC | North Salem NY Realtor

[Photos by Wil Blanche via National Archives. All captions are the 1973 originals.]

The tallest tower of the new World Trade Center reached its full height last week, 40 years after the Twin Towers opened as the original WTC. At that time, the Environmental Protection Agency hired photographer Wil Blanche to document the new giants and the changing Financial District. The Atlantic Cities recently highlighted the photos, which were taken in May 1973 as part of the Documerica project, a visual exploration of environmental issues around the country. The National Archives shared 87 of Blanche’s historic photos onFlickr, and we chose 18 to include in the gallery above.

 

 

18 Photos of FiDi When the Twin Towers Were the New WTC – Sepia Tones – Curbed NY.

Drones are ready for real estate | North Salem NY Real Estate

When real estate broker Phil Immel, leader of a seven-person team with Prudential California Realty, wanted to differentiate his luxury brand from others in Southern California, he thought of drones.

And two months ago, he came up with this:

Video shot from a drone to market a listing represented by Phil Immel’s brokerage.

“I wanted to feature and differentiate my listings and farm areas from every other agent’s,” Immel said.

Technology has advanced to a degree that small, remote-controlled drone helicopters are more affordable than they once were, and cameras and their image-stabilizing systems are better, making  aerial photography and video captured using drones an increasing phenomenon in a number of industries, including real estate.

Immel, who’s commissioned three videos of listings and four of neighborhoods from real estate visual marketing firm California Image Maker, is one of the first real estate brokers to enhance his sellers’ listings with aerial video imagery from small, technologically advanced remote-controlled helicopters, which feature multiple rotors and a stabilized location in their centers that holds a camera on a swivel.

 

 

 

Drones are ready for real estate | Inman News.

House prices increase in 89 percent of cities as recovery expands | North Salem Real Estate

BOSTON — Prices for single-family homes increased in 89 percent of U.S. cities in the first quarter as the housing market extends a recovery from a five-year slump.

The median sales price rose from a year earlier in 133 of 150 metropolitan areas measured, the National Association of Realtors said in a report Thursday. A year earlier, 74 areas had gains.

Buyers returning to the housing market are bidding up prices for a tight supply of listings. The national median price for an existing single-family home was $176,600 in the first quarter, up 11.3 percent from the same period last year. That was the biggest gain since the fourth quarter of 2005, according to the Realtors group.

 

House prices increase in 89 percent of cities as recovery expands | North Salem Real Estate | Bedford NY Real Estate | Robert Paul Talks Life in Bedford NY.

Another Housing Bubble | North Salem Homes

 

Data for the following charts is courtesy of Lender Processing Services (LPS), Specifically the LPS Home Price Index (HPI).
The charts were produced by Doug Short at Advisor Perspectives. Anecdotes on the charts in light blue are by me.

Background

The CPI does not track home prices per se, rather the CPI uses a concept called “Owners’ Equivalent Rent” (OER) as a proxy for home prices.

The BLS determines OER from a measure of actual rental prices and also by asking homeowners the question “If someone were to rent your home today, how much do you think it would rent for monthly, unfurnished and without utilities?
If you find that preposterous, I am sure you are not the only one. Regardless, rental prices are simply not a valid measure of home prices.

OER Weighting in CPI

CPI categories
Mish Shedlock




OER is now at 24.041% of CPI, which still rounds to 24.0%, but the other housing wedge is now an even 17.0%, down from 17.1% in the previous version.

 

Another Housing Bubble | North Salem Homes | Bedford NY Real Estate | Robert Paul Talks Life in Bedford NY.

RealtyTrac: April foreclosure filings drop 23% | North Salem Real Estate

U.S. foreclosure filings fell 5% from March to April with default slips, scheduled auction notices and bank repossessions targeting 144,790 properties last month, RealtyTrac said.

Compared to year ago levels, foreclosure filings declined 23% in April and total foreclosure activity reached a 74-month low, the real estate data firm added.

The study notes one out of every 905 U.S. housing units faced a foreclosure filing last month.

“The April numbers indicate that the pig is moving through the python when it comes to deferred foreclosures in judicial foreclosure states,” said Daren Blomquist, vice president at RealtyTrac. “Foreclosure starts have been increasing for several months in many of the judicial states, and now that increased volume is showing up in the second stage of the process: the public foreclosure auction.”

The differences in judicial and non-judicial foreclosure states remained magnified with judicial foreclosure auctions increasing 22% from March to April and rising 31% from year ago levels to the highest point in over two years, RealtyTrac added.

 

RealtyTrac: April foreclosure filings drop 23% | HousingWire.