Tag Archives: South Salem NY Realtor

Million Dollar Hamptons Summer Rentals | South Salem Real Estate

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The Hamptons is the proud home of the million-dollar summer rental. Since you as a hedge funder, Russian oligarch, or A-list rapper of course have one million or so to drop on your vacation house next year, assuming Wall Street stays hot, you evade the polonium-equipped assassins on your trail, and/or your next album doesn’t bomb, you’re planning to snap up one of them. Let’s look at some of your options for summer 2014.

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535 and 533 Flying Point Road, Water Mill, BHS Your first option is this eight-bedroom, four-acre compound in Water Mill. “A spectacular 14,000+/- sf manor, 50’x20′ heated gunite pool, luxurious pool house with outdoor kitchen and bar on 1.9+/- acre. Tennis court with Hydrocourt system and a 3-bedroom, 2 and one-half bathroom guest house on the adjacent 2.1+/- acres.” Hedgies: This is the place for you. It’s low key, elegant, and there’s room in the guest house for your peons spending the weekend working. Oligarchs: Pass. Not defensible enough to foil the assassins, though the guest house does offer room for security. Rappers: Pass. Not impressive enough.

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396 Meadow Lane, Southampton, Sothebys Your second option is this oceanfront house in Southampton. There’s nine bedrooms, seven baths, 7000sf, pool with pool house, tennis court, all on 3.2 acres; the interiors are kind of French and fussy. Hedgies: Maybe. The house is impressive but the French-style interiors might ping the radar of stuffy WASP Wall Streeters. Oligarchs: Go for it! This house’s setting is defensible from many sides. Plus the French style interiors ought to make you happy. Rappers: Maybe. Still, could be blingier.

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315 Rose Hill Road, Water Mill, Elliman The next rental is slightly less expensive than a mil, at 895K for the summer. Keep in mind, though, last year, Rose Hill was offered at $1.2M for the season, so it’s cheeeeeap now. The 20,000sf house features twenty-first century technology including state-of-the-art security and a Crestron entertainment system. Retire to the “grand master suite,” four guest suites, three staff bedrooms and eight fireplaces with antique mantels. Hedgies: Pass. PASS. Oligarchs: Worth a look. Supplement that “state-of-the-art security” with some burly Cossacks with semi-automatics. Rappers: We had you at “staircase in cast bronze and silver & gold leaf,” didn’t we? Don’t forget the “Crestron entertainment system,” though. · All Renters Week 2013 posts [Curbed Hamptons]

Even as Housing Prices Rise, Mortgage Rates Should Stay Low | South Salem Real Estate

The real estate market is stabilizing, as more foreclosures and short sales leave the market, and mortgage rates look fairly low going forward.

One fly in the ointment: Home prices may be rising, so buyers don’t want to wait too long to lock down a good property before prices rise too high next year — a real possibility.

The evidence? Two reports out signaling lower mortgage rates but higher home prices.

First up is data from the California Association of Realtors, which reports that housing affordability in California has fallen for a sixth-straight quarter.

That could lead to many homebuyers being locked out in a state that includes three of the most visible housing markets in the nation — San Francisco, Los Angeles and San Diego.

According to the association, only 32% of Golden State homebuyers can afford to buy a median-priced single-family residence. That’s down significantly from the third quarter of 2012, when that figure stood at 49%.

What does it take to handle a median-price home in California these days? The association estimates it takes at least an income of $89,000 for a new home valued at $433,940. The monthly payment would clock in at $2,230 after a 20% down payment and an interest rateHYPERLINK  \l “” of 4.36%.

Compare that with the third quarter of last year, when the median home price in the state wa$339,930 and the bottom-line annual incomeHYPERLINK  \l “” to buy a property in that price range was only $65,828.

The association says every major regional housing market in the state saw home prices rise by 10% or more from last year to this year.

That sobering news is countered by data from Toronto’s RateSupermarket.com, a home mortgage Web exchange that shows mortgages rates in the U.S. and Canada should remain low well into next year.

“Canadian and U.S. bond yields remain low due to assurances that economic stimulus will remain for the longer term in both countries,” the company says in a report out this week. “This will lead to continued downward pressure on yields and, as a result, moderate discounts to fixed mortgage rate options.”

 

 

http://www.thestreet.com/story/12106829/1/

South Salem NY Weekly Real Estate Report | #RobReportBlog

 

South   Salem NY Weekly Real Estate Report11/5/2013
Homes for sale75
Median Ask Price$699,000.00
Low Price$205,000.00
High Price$12,200,000.00
Average Size3029
Average Price/foot$338.00
Average DOM178
Average Ask Price$1,078,984.00

 

 

Dropping Knowledge: When is the Best Time to Sell a Place? | South Salem Real Estate

Welcome to Dropping Knowledge, a new video series in which we offer pieces of advice—one-minute or less—from experts in the world of real estate and architecture. Our first guest, well-known to Curbed readers, is the one and only Jonathan Miller, who will teach us about apartment values and the market. Want to nominate a future guest? Let us know.

 

Appraiser, graph guru, and Three Cents Worth columnist Jonathan Miller is a source of much wisdom regarding the real estate market, so he was a natural first choice for Dropping Knowledge, a new video series featuring answers to common market questions. Today, JMillz answers a frequent market query: when is the best time to sell your apartment? Have questions you’d like answered in future videos? Please leave them in comments or via the tipline. · Three Cents Worth archive [Curbed] · Curbed Moving Pictures archive [Curbed]

 

 

http://ny.curbed.com/archives/2013/10/08/dropping_knowledge_when_is_the_best_time_to_sell_a_place.php

When Mother Nature Meets Your Modern Nature | South Salem Real Estate

Much like cooking, mixing interior styles can create new and interesting flavors. Consider mixing modern detailing with cabin style. The result is a warm, clean design that allows occupants to focus on the interior architecture and the exterior views.
Mixing two aesthetics that seem counterintuitive can result in a fresh look. The key is highlighting the best attributes from both styles in a way that blends naturally. Here are a few key details that create this unexpected aesthetic.

Live edge slab table. Furniture selection plays a big part in the modern cabin mix. A slab of a fallen tree with its edge left natural sets the tone perfectly. Warm and rustic, this table is also modern because of its simple form.
Modern lighting. Consider modern lighting selections against the warmth of wood. Glass, pewter and iron are great contrasting materials.
Highlight floor-to-ceiling views. The glory of a cabin is the surrounding landscape. Highlight towering pines with a modern-style floor-to-ceiling window. Consider a modern window free of mullions and casings, and let the pines add the rustic half of the equation.
Stair rail with attitude. Add modern elements of metal, iron or steel cable on a stair rail. Cabins often have double-height great rooms with a focal stair rail. Use this opportunity to mix in some modern detailing.
Repeat horizontal lines. A horizontal orientation of materials will translate modern or transitional. Horizontal lines featured within rustic elements like concrete or wood siding is an eye-catching contrast.
Textured neutrals. Consider all of the texture from rustic wood details in cabinets, beams and flooring. Now layer that look with neutral finishes like concrete countertops and several shades of gray for a perfect modern cabin mix.
Full-height fireplace. There is nothing quite like a warm fire in a cabin on a snowy night — even better a fire in a mountain thunderstorm. Add modern drama with a full-height fireplace. Modern and rustic material selections for a fireplace could be copper, natural stone or stainless steel.
Lighten up. Yes, wood beams and siding can be lightened up. Create a clean and modern aesthetic with a lighter, monochromatic palette. Consider whitewashing or a light stain on beams and siding with pale walls.

Completed foreclosures fall 34% | South Salem NY Real Estate

Completed foreclosures dropped 34% year-over-year in August 2013, according to data from CoreLogic (CLGX). As a whole, August’s completed foreclosures hit 48,000 filings, down from 72,000 filings in August 2012.

From a month ago, completed foreclosures grew a slight 1.3% from 47,000 actions in July 2013.

Overall, the nation has experienced 4.5 million completed foreclosures across the country since the start of the financial crisis in September 2008.

Through August 2013 this year, approximately 939,000 homes were in some stage of foreclosure, compared to 1.4 million in August 2012, a year-over-year decrease of 33%.

From August to July, the foreclosure inventory declined 3.2%. In August, the foreclosure inventory represented 2.4% of all homes with a mortgage, compared to 3.3% in August 2012.

By the end of August, 2.1 million mortgages, or 5.3% of loans survyed, were seriously delinquent, the lowest level since December 2008.

 

 

http://www.housingwire.com/articles/27288-foreclosure-inventory-plummets-34

 

Westchester CSEA endorses all Democrats | South Salem Real Estate

Here’s the statement of the union. All the candidates are Democrats:

WHITE PLAINS – Leaders of CSEA, the largest union representing public employees across Westchester County, today announced the union’s full list of endorsements for county-level races.

The endorsements were made by the CSEA Southern Region Political Action Committee.

“We are excited to endorse a strong slate of qualified individuals who have worked and will continue to work to preserve a strong middle class in Westchester County,” said CSEA Southern Region President Billy Riccaldo.

The endorsements are as follows:

• County Executive: Noam Bramson

• County Clerk: Tim Idoni

• Board of Legislators, District 1:Duane Jackson

• Board of Legislators, District 2: Peter Harckham

• Board of Legislators, District 5: Ben Boykin

• Board of Legislators, District 8: Alfreda Williams

• Board of Legislators, District 9: Catherine Borgia

• Board of Legislators, District 10: Mary Jo Jacobs

• Board of Legislators, District 11: Stavros Pantelis

• Board of Legislators, District 12: Mary Jane Shimsky

• Board of Legislators, District 13: Lyndon Williams

• Board of Legislators, District 14: Rachelle “Rocky” Richard

?• Board of Legislators, District 16: Ken Jenkins

CSEA is New York’s leading union, representing employees of the state and its counties, towns, villages, school districts, library systems, authorities and public benefit corporations. Together with a growing population of private sector members and retirees, CSEA is the largest affiliate of the American Federation of State, County and Municipal Employees (AFSCME), which is one of the largest affiliates of the AFL-CIO.

 

 

http://northernwestchester.lohudblogs.com/2013/09/25/westchester-elections-csea-announces-endorsements/

 

Homesteading and Livestock | South Salem Real Estate

If you suffer from Barnheart and would like to homestead but are unable to do  so right now for whatever reasons (there are many), do not despair. There are  still steps you can take in order to move yourself towards the goal of being  more self-sufficient. Happily, most of them don’t involve much money! Here’s a  list of my top 10:

 

1.  Save more, spend less. The sad fact is that most people cannot afford to buy the  homestead of their dreams … or any homestead, for that matter. In many places,  acreage is expensive. In order to make your dream a reality, you may need to  make some drastic changes. Thankfully, most of those changes have positive  outcomes …  stop eating out and instead, learn to cook the kinds of dishes  you’ll be making when you can have your own garden. Cancel cable and instead,  read books and magazines that will teach you about living self-sufficiently.  Make time work for you, and contribute annually to your IRA. Your 70-year old  self will thank you for it. Your co-workers and friends won’t understand why you  want to live so simply … but they don’t have Barnheart.

 

2. Seek to become debt-free. Once you have begun spending less, and saving  more, consider paying off those loans. No homesteader I know has ever said “I  wish I owed more money.” Every dollar in interest you are paying on your home,  car, or credit cards is one less dollar you have when at last you are able to  purchase your homestead.

 

3. Learn a new skill. You may not be able to milk your own cow, but you can  learn how to make your own yogurt and cheese. You may not be able to spin  your own wool, but you can learn how to knit or crochet. You may not be able to  build your own farmhouse, but you can learn how to do smaller woodworking  projects. Sign up for a class, have a friend teach you, or watch you-tube.

 

4. Learn to preserve food. Anyone can learn how to can and  dehydrate, and it doesn’t take a lot of money to get started. Someday you’ll  have a huge garden and bumper crops of produce, but for now you can support your  local farmer by buying in season and preserving the taste of summer all year  round.

 

 

Read more: http://www.motherearthnews.com/homesteading-and-livestock/homesteading-barnheart-zbcz1309.aspx#ixzz2fuhkj7hv

The Week In Video: Mobile Video, Bigfoot And Steam Powered YouTube | South Salem Realtor

The Week In Video: Mobile Video, Bigfoot And Steam Powered YouTube

Welcome back to the ‘Week in Online Video’ where we catch up with the news  and gossip from the world of YouTube, Cable, Google and all things video  related. This week we take a look at how e-commerce  annotations and the Content ID system are helping those who want to monetise  their video content as well as some of the new tweaks YouTube have introduced.

YouTube Gives Go Ahead For E-Commerce Annotations

A huge percentage of those producing consistent, quality, relevant content on  YouTube will have looked into the ways they can monetise their channel. There  are many avenues to explore, all with various degrees of success depending on  your approach and audience. We have a new kid on the block in the form of Subblime which  aims to provide extra revenue for those that use their services. Subblime is one  of the companies that YouTube have just endorsed that allow content creators to  link out to third parties via their annotations. The company currently has  around 40 creators signed up and confirms the CTR ranges from 20% to 50%. One to  watch.

Read More at: PandoDaily

Great Moments in Mobile Video

Accessing video content via our smartphones seems as second nature as  switching on the TV these days. But with the lightening fast pace of technology  it’s easy to forget that the concept is only 10 years old and it’s only in the  last couple of years that mobile video consumption  has reached stratospheric heights. The team at Spark Qualcomm bring us the facts  and figures.

The Week In Video: Mobile Video, Bigfoot And Steam Powered YouTube

See the full infographic here.

AdRev Opens Up Content  ID Platform To Independent Musicians And Publishers

We’ve already touched on monetisation opportunities and the YouTube Content ID system has been an excellent way for  artists to track down and often profit well from copyright infringements. AdRev,  one of the biggest third party providers of tracking to the huge publishing  companies such as Universal and Warner have opened up their features to smaller  labels and musicians via their new ContentID.com  site. Artists can upload their content to AdRev’s database for free and keep 80%  of the revenue from unofficial, third party videos.

Read More at: NMR

Rhett And Link Producer Jason Inman Wants $10,000 To Go Find Bigfoot

The producer behind YouTube darlings Rhett and Link has launched a Kickstarter campaign to fund a web  series tracking and finding (because it totally exists) Bigfoot. For a  modest $10,000, Jason Inman and his team of Squatch Watchers – with the help of  the glorious Chuck Testa – aim to do what programmes like ‘Finding  Bigfoot’ have failed to, albeit restricted to filming in the California area  only. Of course, Sasquatch aficionados will know that Cali was the location for  the most famous sighting of all time so anything is possible.  Here’s the trailer for the campaign:

Read more…

 

The Week In Video: Mobile Video, Bigfoot And Steam Powered YouTube http://www.reelseo.com/the-week-in-video-mobile-bigfoot/#ixzz2dq3MPEbT

Are local housing markets recovering too quickly? | South Salem Homes

 

While housing bubble concerns are overblown, there are cities where the pace of recovery is perhaps too strong, given current market dynamics, CNBC reports.

The news publication is sounding the alarm on potential bubble territories:

“Nationwide, the housing market is not in a bubble. But there are probably some markets that are at risk for getting into bubble territory if they continue at the pace that they’re going,” said Daren Blomquist, vice president at RealtyTrac.

                    Source: CNBC