Housing market could be facing another bubble: Shiller | Waccabuc NY Real Estate
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Look for new companies to keep shaking things up in 2014 with more partnerships, conversations and interactions | Waccabuc Homes
What are the top items on your real estate wish list for 2014? A better alignment of customer service, brand and technology in the industry. A lot of brokerages have amazing branding and customer service, but their technology is not up to speed.
More amazing real estate startups in the real estate space! I love seeing the new companies shake things up — it’s always very inspirational. What are your top New Year’s resolutions for real estate in 2014? Sweating the small stuff with customers. What is a very small thing for us is huge for others. I think everyone can do more in this area.
More partnerships, more conversations, more interaction. Real estate is a people-driven business — you can sometimes forget that sitting behind a desk. What do you expect to be the top trends and hottest issues in real estate in 2014? Beautiful design on more real estate websites. Consumers are developing an almost subconscious eye for things that look good. If it looks good, they trust the brand. Real estate in many ways is stuck in ’90s design, but we are seeing some brokerages lead the pack. I expect to see more design-focused brands emerge in 2014. Simplification of user experiences. More options/buttons/data doesn’t necessary mean better; in fact, it often confuses people. I think we are going to see companies using the “less is more” approach.
– See more at: http://www.inman.com/2013/12/31/look-for-new-companies-to-keep-shaking-things-up-in-2014-with-more-partnerships-conversations-and-interactions/?utm_source=20131231&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.piPk7zu9.dpuf
Should You Invest in Residential Real Estate? | Waccabuc NY Homes
We saw what was probably the biggest real estate bubble in American history just recently, when housing prices topped out somewhere in 2006 or 2007.
We then saw a major bust, the beginning of which actually preceded a bust of the entire economy.
Of course, we have to remember that real estate is a local issue. A few parts of the country didn’t see a housing boom, and some parts, such as New York City, didn’t really see a bust. In general, however, we saw a big boom followed by a big bust.
After housing prices bottomed somewhere around 2011, we have seen them climb quite significantly, though still not to the levels we saw in 2006 in most places.
Different Points of View
There are differing points of view on where real estate is headed, even by advocates of the free market.
Some people think we are in another bubble that will pop again. They point to the fact that the housing market is being propped up by low interest rates, a loose monetary policy by the Fed, and bank bailouts.
While these things are certainly true and they do prop up real estate prices, what’s to say it can’t go on for a while longer?
Other people think that real estate prices will continue to go up and maybe even enter a new bubble at some point, while maintaining that it is not a bubble yet. They correctly point to Federal Reserve inflation.
When there is high inflation, investors look for hard assets. You can’t get more of a hard asset than real estate. So if you expect inflation to continue to get worse, real estate is something to seriously consider.
http://wallstreetsectorselector.com/2013/12/invest-residential-real-estate/
Best Maps of 2013: Where Are the Homes Just Under $200K? | Waccabuc NY Homes
Incredible treehouse hotels | Waccabuc Real Estate
Hainan Island, China
SANYA NANSHAN TREEHOUSE RESORT AND BEACH CLUB The operators of this four-unit treehouse resort, which has a sister site in Maui, are quick to warn potential guests that their accommodations are “not for the fussy.” Maybe so, but they’re perfect for environmentalists who want a fresh-air experience that doesn’t involve tented shelter. Located in the South China Sea, the property sits adjacent to a 5,000-acre Buddhist park rife with pagodas, temples, and manicured gardens. The Big Beach in the Sky treehouse sleeps six and is accessible only via suspension bridge; the Hawaiian Hale Hotel Treehouse, meanwhile, is ideal for larger parties: It sleeps up to 20 and is just two minutes from the beach.
http://living.msn.com/life-inspired/life-unleashed/incredible-treehouse-hotels#4
Home Prices Rise 0.5 as For-Sale Supply Shrinks | Waccabuc Real Estate
Evander Holyfield’s Foreclosed, 109-Room Palace | Waccabuc NY Real Estate
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Selling a home for $7.5 million usually calls for champagne — but not if you’re Evander Holyfield and you owe nearly twice that much on the property. The former heavyweight champ sold his palatial Fayette County estate with 109 rooms last year in a public auction to a bank, which his attorney softly described as “technically part of a foreclosure.” The famed 54,000 square-foot mansion sits on 235 acres, has a bowling alley and theater and costs more than $1 million annually to maintain, Holyfield once told the AJC. On his website, Holyfield boasts of making more than $230 million in the boxing ring, but child support cases in Georgia, Texas and California — in additional to the general drying up of boxing royalties — took a heavy toll. · Holyfield sells Fayette mansion for $7.5 million [AJC] · When Selling Your House for $7.5 Mil Actually Sucks [TMZ]
Where Is Content Marketing Headed in 2014? [INFOGRAPHIC | Waccabuc NY Realtor
As the year 2013 comes to an end, marketing experts and internet professionals are taking a look forward to what the marketing terrain will be like in the year 2014, especially in the area of content marketing.
2013 has experienced a lot of innovative changes as far as marketing is concerned. There were a whole lot of new tools and conventions to deal with. But in all of these content marketing stood out! Today, content marketing is not just a buzz word but something that every business now takes as a MUST.
For example, in a recent survey conducted by MarketingProfs and the Content Marketing Institute, it was revealed that 93% B2B organizations now use content-based tactics for their marketing campaigns while 73% indicated they now produce more content than the previous year!
These are not mean figures. They are definitely an indication of what to expect in content marketing trends for 2014. The following infographic from Uberflip gives a concise view of what the trends will be like in content marketing in 2014.
So, whether you are a B2B or B2C business and you are among those who intent drive out-standing results for your content marketing spend in 2014 then you need to study this infographic very carefully because you will definitely get something from it!
So, how are you preparing to make good use of what the experts say about the content marketing in 2014?
Housing starts jump to near 6-year high in good sign for economy | Waccabuc NY Homes
U.S. builders broke ground on homes at the fastest pace in more than five years, strong evidence that the housing recovery is accelerating despite higher mortgage rates.
The Commerce Department said Wednesday that developers began construction on houses and apartments in November at a seasonally adjusted annual rate of 1.09 million. That’s 23 percent more than October’s pace of 889,000 and the fastest since February 2008, just a few months after the recession began.
Construction of single-family homes jumped 21 percent to an annual pace of 727,000, also the highest in more than five years. Apartment construction soared 26 percent to a 354,000 annual pace.
Permits for future building slipped 3 percent to just over 1 million, down from 1.04 million in October. The drop reflected a decline in apartments, which can be volatile. Permits for single-family homes rose.
“Evidently, builders in the field are genuinely confident about the outlook for sales of new single-family houses, despite the rise in mortgage rates,” said Pierre Ellis, an economist at Decision Economics.
The housing market has been improving steadily since early last year, but construction had leveled off this summer after first reaching a 1 million annual pace in March. Last month’s surge comes as mortgage rates remain about a percentage point higher than they were in the spring. That suggests home building will boost economic growth in the final three months of the year.
Reno’d English Manor in Connecticut Countryside Asks $20M | Waccabuc Real Estate
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Location: Greenwich, Conn. Price: $20,000,000 The Skinny: A complete renovation and expansion of a 1929 home, this English country manor sits on five acres of land in pricey Khakum Woods, an exceedingly exclusive neighborhood that was once part of the extensive estate of famed New York architect I. N. Phelps Stokes. Linden Court, as the home is now known, was stripped to the studs and rebuilt by luxury builders Xhema, with interior work by David Easton. An impressive modern pedigree, to be sure, but the home’s $20M asking price (down $5M from the original ask, yet still nearly $10M over the highest sale price of nearby homes) has stirred debate—not to mention genteel snarking—among those residing in the rarefied air of Greenwich real estate circles. Which, “po-tay-to, po-tah-to”, it’s a huge sum of money either way.
· 218 Clapboard Ridge Rd. [Sotheby’s International Realty via Architectural Digest]