113 Hook Road Is The Bedford Daily Voice House Of The Week | The Bedford Daily Voice.
113 Hook Road Is The Bedford Daily Voice House Of The Week | The Bedford Realtor
Leave a reply
Tag Archives: Westchester Homes for Sale
Hamptons Agents Sum Up 2013 in Real Estate, Part II | Bedford NY Homes
[Everyone loves Sag Harbor, via wikipedia]
Susan Breitenbach, Corcoran What neighborhood saw the most change this year? North Haven/Sag Harbor got waterfront condos for sale and ended up with lots of big waterfront transactions. A few years ago hardly anyone ever heard of it; one new transfer will be coming in over $30 mil (just one house and not extremely large property!).
Sum up 2013 in three words Four: One of best in Hamptons!
Your favorite town this year Montauk.
Biggest building trend in 2013 Outside living: amazing exterior pool houses with nano doors, Kalamazoo kitchens, outdoor fireplaces, firepits, gyms, etc.
Any predictions for 2014? All signs are pointing to one of the best in Hamptons real estate history.
Gary De Persia, Corcoran What neighborhood saw the most change this year? Sag Harbor ended the year with two record setting deals, including a waterfront that went to contract on Robertson Drive not far below its $36M ask and my listing on Main Street priced at $9.95M, also in contract at what will prove to be a benchmark price. These go along with the other robust sales in that area this year.
Sum up 2013 in three words Action never stopped.
Your favorite town this year and why Sag Harbor. The only village in the Hamptons that you actually see people cramming the streets at night before and after dinner. Other towns people tend to go to dinner then get in their cars to go home.
Biggest building trend in 2013 Third floor roof decks capturing amazing views of ocean, bays and surrounding countryside, as in my two Town Line Road listings by Lifton-Green which sold within in months of each other, and my current listing Rose Hill Point on Mecox Bay.
Any predictions for 2014? Based on 2013 year-end deals, a normally quiet period, I predict an exciting start to 2014 for new construction, re-sales and land.
Chris Chapin, Douglas Elliman What neighborhood saw the most change this year? Sagaponack has nearly completed its transformation from rural farm settlement to whatever it is now. But at least they are still growing corn and potatoes among the mansions.
Sum up 2013 in three words Sellers’ market returns.
Your favorite town this year and why Noyac still looks as if could be another place or another time. Even at the height of the summer season you can find quiet places to jump in the water.
Biggest building trend in 2013 Farrellization.
Trend you’d like to see crushed in 2014 Farrellization.
Any predictions for 2014? Hamptons real estate will level out a bit as buyers pick up oceanfront on the Jersey Shore for pennies on the dollar.
San Francisco real estate boom | Cross River NY Homes
“December feels slightly break-neck. There are fewer deals to be had but we are seeing substantial overbidding,” said Blase.
“It is wonderful for a real estate agent. It can be tough for my buyers.”
According to the S&P/Case-Shiller Home Price Indices, buying a house in San Francisco costs 52.8 percent more than in March 2009, at the bottom of the real estate collapse.
The average price rise in major U.S. cities during the same period is 18.3 percent. The median U.S. home price is $169,000, according to RealtyTrac. In San Francisco, it’s up to more than $900,000.
That has sparked protests by San Franciscans who say well paid tech workers are pushing others out of their homes.
San Francisco Mayor Ed Lee has been a target of the protestors. Not everyone approved of the tax breaks he offered Twitter to move some 800 workers into a headquarters building near the city center.
http://www.cbsnews.com/news/san-francisco-real-estate-boom-taller-buildings-steeper-prices/
Jimmy Fallon Named Most Desirable Celebrity Neighbor for 2014 | South Salem Real Estate
Mount Kisco Tax Bills Are Due On Dec. 31 | Mt Kisco Real Estate
Mount Kisco is reminding residents that the second half of 2013-14 village tax bills are due on Tuesday, Dec. 31.
In order to make a payment without any penalties, a U.S. postmark of Dec. 31 or earlier is required.
Click here for additional information concerning tax bills and payment schedule
http://mtkisco.dailyvoice.com/news/mount-kisco-tax-bills-are-due-dec-31
U.S. housing prices rise 0.5 percent in October | Armonk Homes
Housing Market in 2013: Prices Rise, Lending Remains Tight | Chappaqua Homes
As governor, Donald Trump would overhaul Tappan Zee bridge for “peanuts” | Bedford NY Real Estate
The Donald says he would easily trounce Republican gubernatorial frontrunner Rob Astorino should he decide to run in 2014 thanks to his plentiful personal coffers and a much cheaper proposal for overhauling the Tappan Zee bridge.
Dubbing Astorino a “big, big long shot,” Donald Trump told WGDJ’s Fred Dicker in a radio interview that the establishment favorite would have to raise “$30 million at least” to finance a successful bid for the top job in Albany, according to Capital New York.
“I think I’d win if I decide to do it, because I wouldn’t have to raise money,” Trump said in the interview.
He also offered up an alternative to a current plan to replace the Tappan Zee bridge that would cost as much as $10 billion and necessitate a $25-per-car toll. Without specifying how he arrived at those numbers, Trump said that he could renovate the existing structure for “peanuts” in comparison to the state’s current replacement plan.
“The bridge is a totally fine structure, but it needs renewal, and the renewal can be done for a tiny fraction of the, in my opinion, $10 billion,” he said in the radio interview. “You get the right engineers — I mean the right people — not the egg heads that sit on their Park Avenue stools and they just design away because they’re going to make about ten times or a hundred times more in fees by designing a new bridge.”
The Thruway Authority, which holds the bridge construction contract, did not immediately comment to Capital New York on Trump’s statements, nor did Governor Cuomo’s office. [Capital New York]
2014 good for housing, not so much for economic growth | Mt Kisco Real Estate
The coming year will see the continued slow-but-steady recovery in housing and housing-related industries, minimal interest rate movements, less than stellar economic growth, and an improving purchase market.
That’s the prediction from the brain trust at FBR & Co. FBR is a leading investment bank that focuses its efforts across a broad array of industries including financial institutions and real estate, among a host of others.
Despite the overall tepid outlook, the FBR forecast does point to good signs for the origination market.
“Financials, particularly banks and thrifts, outperformed the broader indices in 2013, and, generally speaking, we expect in-line performance at best over the coming year as stock prices have drastically outperformed fundamentals for most spread-based lending businesses,” the FBR 2014 forecast states.
In particular, the mixed overall news looks good for housing.
“We expect that those subsectors most levered to a continued recovery in housing will outperform in 2014, as housing-levered industries should have the largest opportunities for growth in the near term,” the report states.
http://www.housingwire.com/articles/28386-fbr-2014-good-for-housing-not-so-much-for-economic-growth
Housing Outlook 2014: 10 Predictions From The Experts | Waccabuc NY Real Estate
In 2013, the housing recovery was a welcome bright spot for the economy: prices were shooting up, fewer homeowners were underwater, and builder confidence was finally on the upswing. It’s looking like 2014 should be another good year for housing–mostly. Here are ten things housing experts expect to see in 2014:
1. More homes will be available Short supply drove rapid price increases at the beginning of 2013, but watch for that to change next year. Realtor.org notes that the inventory (homes available for purchase) shortage began to soften in February. New construction and rising prices should bring more homes, both new and old, on to the market in 2014, helping inventory return to traditional levels.
2. Mortgage rates will rise Zillow Z +4.86% predicts rates will hit 5% by the end of 2014–well up from the 4′s and 3′s of late, but still well within normal levels. New Fed Reserve chief Janet Yellen is expected to continue Ben Bernanke’s policy of keeping mortgage rates low by buying blocks of mortgage-backed securities, but the Fed’s bond-buying taper could push rates higher. “While this will make homes more expensive to finance – the monthly payment on a $200,000 loan will rise by roughly $160 – it’s important to remember that mortgage rates in the 5 percent range are still very low,” says Erin Lantz, Zillow’s director of mortgages. Really. “Prior to the Federal Reserve’s 2008 decision to buy $85 billion in debt per month, the 36-year average was 9.2%, and never below 5.8%,” notes Glen Kelman, CEO of Redfin.
Zillow: National mortgage rates, 30-year, fixed-rate
3. Mortgages will be easier to get “The silver lining to rising interest rates is that getting a loan will be easier,” says Lantz. “Rising rates means lenders’ refinance business will dwindle, forcing them to compete for buyers by potentially loosening their lending standards.”
4. Home prices will rise 3% Redfin and Zillow are predicting that home prices will rise between 3% and 5% in 2014. For comparison’s sake, 2013 saw jumps of 5% nationally, with increases of more than 20% in some hot spots. “These gains, while beneficial in many ways, were also unsustainable and well above historic norms for healthy, balanced markets,” says Dr. Stan Humphries, Zillow’s chief economist. “This year, home value gains will slow down significantly because of higher mortgage rates, more expensive home prices, and more supply created by fewer underwater homeowners and more new construction.”
5. Fewer homeowners will be underwater Rising prices helped 2.5 million homeowners with underwater mortgages regain positive equity status during the second quarter of 2013, according to Realtor.org. By Q3, a CoreLogic report found that about 6.4 million homes were still in negative equity at the end of Q3. Watch for that number to shrink in 2014.