How to save the housing market – save Fannie Mae and Freddie Mac | Money | theguardian.com.
How to save the housing market – save Fannie Mae and Freddie Mac | Money | Pound Ridge Houses
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Tag Archives: Pound Ridge NY Real Estate for Sale
Saudis warned of ‘hidden cost’ of overseas real estate investments: taxes | Pound Ridge Real Estate
Pound Ridge Police Chief Lends Voice To Panel On Domestic Violence | Pound Ridge Homes
A recent panel discussion organized by the Domestic Abuse Network of Northeastern Westchester (DANNEW) was held at the Pound Ridge Library. Among those speaking was Town Police Chief David Ryan, who presented a convincing case as to how this issue is more prevalent in a small community like ours than most people may think.
The 90-minute discussion was moderated by Nicole Malgarinos of DANNEW.
The panel included six dedicated professionals who compared their views on working with victims when providing assistance. Included on the panel were Chip Andrus, pastor of the South Salem Presbyterian Church and Kymberly McNair, associate minister of the Antioch Baptist Church of Bedford Hills. McNair is also a coordinator at My Sister’s Place, an advocacy service that provides emergency housing for victims of domestic abuse.
In many communities, clergy are usually considered first responders because they are usually the ones a victim will turn to for help.
Also part of the panel was a local resident who through her resilience, spoke of dealing with domestic abuse and how she was able to receive assistance from people trained to reach out to anyone experiencing an abusive situation. In acknowledging Ryan, this individual started out by saying “If not for him I would not be alive today.”
In explaining what she went through before receiving help, she continued “It’s like living a nightmare and then feeling like being dumped into an ocean and you don’t know if you’re swimming up or down but you’re swimming as hard as you can.”
http://armonk.dailyvoice.com/news/pound-ridge-police-chief-lends-voice-panel-domestic-violence
Pound Ridge’s Richard Gere Will Be Honored At Jacob Burns Film Center | Pound Ridge Real Estate
The 2013 Silver Screen Circle Dinner will honor Pound Ridge’s Richard Gere at the Jacob Burns Film Center Theater in Pleasantville on Monday, Nov. 25.
The evening will include select film clips highlighting Gere’s career and contributions to the art of film as well as a question-and-answer session with Gere and JBFC Board President Janet Maslin.
This is an exclusive Silver Screen Circle members-only event in appreciation for their generous support. They will receive two to 10 complimentary tickets depending on their level of membership.
Gere, a Golden Globe winner, is known for his roles in films such as “An Officer and a Gentleman,” “Days of Heaven,” “American Gigolo” and “Pretty Woman,” among others.
Off screen, Gere is a devoted advocate for human rights in Tibet and for the rights and lands of tribal peoples throughout the world.
To learn more about the Silver Screen Circle, or to join, contact Kim Turner at 914-773-7663, ext. 429 or email her.
Real estate industry has never been better capitalized | Pound Ridge Real Estate
In my talks I often preach that real innovation comes when we have the ingredients that got us to the moon: money, brains and passion.
In real estate today, these fundamentals are in place.
A new generation of passionate leaders is taking over — younger and better-educated agents, a new crop of innovative and fearless brokers, and a slew of startup whiz kids. A recovering housing market and successful IPOs such as Zillow and Trulia are attracting supersmart professionals who want in on the largess.
Oscar Wilde said, “When I was young I thought that money was the most important thing in life; now that I am old I know that it is.”
Indeed, capital has returned to the industry and that is a good thing. The largest real estate company, Realogy Holdings Corp. ($6.16 billion market cap), has put a big dent in its debt and gone public with a fresh dose of capital (raised $1 billion with its IPO).
Re/Max has capital to invest after raising $225 million with its successful IPO this fall. One of the richest men in the world, Warren Buffett, is doubling down on real estate services with his Berkshire Hathaway HomeServices franchise. Can Keller Williams be far behind, capitalizing its rapidly growing enterprise?
Then, there are the awe-inspiring IPOs of Zillow ($2.85 billion market cap) and Trulia ($1.25 billion market cap). These two alone have a staggering amount of capital to invest in innovation, and stock prices that are perfectly poised for a slew of acquisitions. Realtor.com operator Move Inc. ($630 million market cap) will also rely on acquisitions as part of its strategy for growth
– See more at: http://www.inman.com/2013/11/13/time-for-an-industry-moon-shot/#sthash.hGLKG0oU.dpuf
Greenwich Bistro Le Penguin Earns Rave Review | The Pound Ridge Realtor
Shanghai Raises Home Down-Payment Requirement as Prices Jump | Pound Ridge Real Estate
Shanghai raised the minimum down payment required for buyers of a second home to 70 percent from 60 percent as house prices in China’s financial hub surge.
Counties and municipal departments should take measures to ensure the city’s annual price-control target is met, according to a statement on the local housing bureau’s website. The city also tightened the qualifications required for non-local home buyers and will increase residential land supplies, according to the statement.
Home prices in China’s four major cities jumped the most in September since January 2011, heightening concerns a bubble is forming as the national government refrains from introducing more property curbs that would hinder economic growth. Prices surged 17 percent in Shanghai from a year earlier, the biggest gain in the 70 cities the government tracks, only behind the 20 percent jump in the southern business hubs of Shenzhen and Guangzhou.
“It’s more like they are gesturing that they are serious about property curbs” after Beijing and Shenzhen’s tightening measures, said Dai Fang, a Shanghai-based analyst at Zheshang Securities Co. “The wait-and-see atmosphere may grow a little bit and sales may slow a little as fewer people can buy now.”
New home prices excluding government-sponsored social housing jumped 21 percent in Beijing in September from a year earlier, defying the strictest property curbs among all cities, according to the latest data from the National Bureau of Statistics. The Chinese capital raised down payment for second homes to 70 percent in March.
Local Measures
Former Premier Wen Jiabao in March stepped up a three-year campaign to contain price gains, ordering cities with excessive increases to raise down payments. Shenzhen made the move only on Nov. 1. Guangzhou, now the only of the four so-called first-tier cities that hasn’t raised down-payment requirements from 60 percent, is likely to follow suit, Dai said.
China’s average new home price surged 10.7 percent in October from a year earlier, the most this year, as homebuyers defied the government’s property curbs and developers offered more high-priced apartments to tap demand, according to SouFun Holdings Ltd. (SFUN), the nation’s biggest real estate website owner.
“Fluctuations in home prices have been noticeable this year, and upward pressure on housing prices increased recently with rising transaction volumes,” Shanghai’s housing bureau said in today’s statement.
The city government will crack down on price collusion and violations of home-purchase restrictions and will take measures to ensure the stability of the land market, according to the statement.
Pound Ridge School Hosts Science Workshop | Pound Ridge Real Estate
Pound Ridge third- graders are invited to attend a hands-on science workshop that enables students to discover magnetism at the in the Pound Ridge Elementary School Bistro on Nov. 12.
Students will have the opportunity to experience transferring magnetism through water, wood and other media. In addition, they will use electromagnets to learn about other ways to make a magnet.
There will be three 90-minute sessions, 9 a.m. to 10:30 a.m.; 10:30 a.m. to 12 p.m. and 1 p.m. to 2:30 p.m.
The school is at 7 Pound Ridge Road.
http://mtkisco.dailyvoice.com/schools/pound-ridge-school-hosts-science-workshop
10 amazing healing plants you can find in your garden | Pound Ridge Homes
Sunflower
As the Massachusetts Medical Society Gardens notes, “a tea made from the leaves is an astringent, a diuretic, an expectorant and an agent to reduce fever.” Because of these properties, sunflowers have been used to treat all sorts of colds and coughs. It can also extract toxic ingredients from the soil and was used by the Russian government to help clean up after the Chernobyl disaster.
All Top 100 Markets Gained in Homes.com July Data | Pound Ridge Real Estate
Utilizing home pricing data for the period ending July 2013, the Homes.com Price Index showed gains for single-family properties in all 100 markets, up from 87 in the previous reporting period
“Homes.com’s Rebound Report provides a deeper view into the 22 fully rebounded markets. Many never experienced the dramatic swings in home values that were a result of foreclosures and short sales that plagued many markets across the nation”
The Homes.com Local Market Index has been expanded to include midsized markets ranked from 101-300. It provides a closer look at smaller markets nationwide, showing increases in 293 of the top 300 markets, up from 250 the previous month. Year over year, all midsized markets increased.
As a complement to the Local Market Index, Homes.com publishes an exclusive Rebound Report, highlighting how the housing recovery process is unfolding across the country. Rebound data for July 2013 in the top 100 markets revealed that 22 markets across the U.S. are fully recovered – up from the previous month’s 19 markets. Additionally, 44 U.S. markets now show a rebound of 50 percent or more, up from 41 in last month’s report.
“Homes.com’s Rebound Report provides a deeper view into the 22 fully rebounded markets. Many never experienced the dramatic swings in home values that were a result of foreclosures and short sales that plagued many markets across the nation,” said Brock MacLean, executive vice president of Homes.com. “By contrast, most of the markets with the lowest rebound have experienced more dramatic changes in values as a result of foreclosures and short sales and will have a slower path to recovery.”
The latest Homes.com Local Market Index reports the following:
Monthly increases in all 100 of the top 100 markets and in 193 of the 200 midsized markets.
Honolulu, Hawaii remains the top gaining market on a year-over-year basis with a 29.17 index point or 13.51% increase.
California markets [Los Angeles-Long Beach-Santa Ana, Calif.; San Diego-Carlsbad-San Marcos, Calif., San Francisco-Oakland-Fremont, Calif.; Oxnard-Thousand Oaks-Ventura, Calif.] are the remaining 4 in top 5 and increased 25.26, 24.60, 24.19 and 20.16 index points respectively.
Six of the top 10 monthly gaining markets are in the West (up from two in the previous month), followed by four from the South.
Highlights from the Homes.com Rebound Report for the top 100 markets show:
22 have made more than a 100% rebound, indicating a complete recovery in these markets. This is up from 19 markets posting a full recovery in last month’s report.
http://www.realestateeconomywatch.com/2013/09/all-top-100-markets-gained-in-homescom-july-data/