Best Maps of 2013: Southern Bedford Has the Most $1M+ Homes – Week Ahead – Bedford-Katonah, NY Patch.
Best Maps of 2013: Southern Bedford Has the Most $1M+ Homes | Bedford Corners NY Homes
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Tag Archives: Westchester Homes
Home sales leveling off | Katonah NY Real Estate
The number of Americans who signed contracts to buy existing homes in November
was essentially unchanged from October, suggesting sales are stabilizing after
several months of declines.
The National Association of Realtors said
Monday that its seasonally adjusted pending home sales index ticked up to 101.7
from 101.5 in October. The October figure was revised lower from an initial
reading of 102.1.
Higher mortgage rates and strong price gains over the
past two years have slowed sales. The pending home sales index had fallen for
five straight months before November. And completed sales of existing homes fell
for three straight months, the Realtors said earlier this month. There is
generally a one- to two-month lag between a signed contract and a completed
sale.
“Bottom line, it’s clear that the rise in mortgage rates slowed
the pace of improvement in the housing market in addition to double digit price
increases and tough lending standards, which have put a pause particularly on
those buying a home with a mortgage,” said Peter Boockvar, chief market analyst
with The Lindsey Group, in a research note.
The average interest rate on
a 30-year mortgage edged higher to 4.48 percent last week, from 4.47 percent the
previous week. Rates jumped about 1.25 percentage points from May through
September, peaking at 4.6 percent.
Helicopter Crashes At Westchester County Airport | Bedford NY Real Estate
Real Estate Market Slows Significantly | Chappaqua Realtor
Real Estate market projects 5% growth in 2014 in WA | Amonk Homes
Foreclosure Settlement: Ocwen Agrees to $2 Billion in Mortgage Relief | Armonk NY Homes
Ocwen Financial Corp. will reduce struggling borrowers’ loan balances by $2 billion in an agreement with federal regulators and 49 states over foreclosure abuses. The Consumer Financial Protection Bureau and state attorneys general announced the deal Thursday with the Atlanta-based company, one of the largest U.S. mortgage servicers. The regulators said Ocwen pushed borrowers into foreclosure through illegal actions, such as failing to promptly and accurately credit mortgage payments.
The company also miscalculated interest rates and charged borrowers improper fees, the regulators said. “We believe that Ocwen violated federal consumer financial laws at every stage of the mortgage servicing process,” CFPB Director Richard Cordray (pictured above) said in a conference call with reporters. “We have concluded that Ocwen made troubled borrowers even more vulnerable to foreclosure.”
Under the agreement, Ocwen also will refund a combined $125 million to about 185,000 borrowers who had been foreclosed upon from 2009 through 2012. It also agreed to change the way it manages mortgages. The company must stop “robo-signing” of documents, the practice of automatically signing off on foreclosures without a proper review. The agreement must be approved by a federal court in Washington.
http://realestate.aol.com/blog/2013/12/20/ocwen-foreclosure-settlement-reduces-mortgages/
Bitcoin now accepted by RentHop | Mt Kisco NY Realtor
Rental listing site RentHop thinks it can entice landlords and real estate brokers into using Bitcoin by slashing its listing advertisement fee if they pay with the digital currency.
Users must currently pay $2 to post listings on RentHop, which covers New York City, Boston and Chicago, and has plans to expand nationally.
But as of this week, if brokers and landlords use Bitcoin, they’ll have to pay only 0.833 milli-citcoin (1/1000th of a bitcoin), or $0.76 at today’s exchange rates. That represents a 60 percent discount off the rate that RentHop will continue to charge advertisers who pay in dollars. Find more details at https://de.thebitcoinscode.com/.
“RentHop has always catered to early adopters exploring innovations in real estate,” said RentHop CEO Lee Lin in a statement. “Over the years we’ve noticed the most successful landlords are the ones who proactively seek out and embrace new and disruptive platforms. Bitcoin users are exactly the type of participant we welcome to our marketplace.”
RentHop intends to reduce the exchange-rate volatility of owning Bitcoin for customers by maintaing the exact number in bitcoins that it charges unless Bitcoin’s dollar value changes by more than 30 percent.
Lawrence Zhou, co-founder of RentHop, breaks it down for us:
– See more at: http://www.inman.com/2013/12/16/bitcoin-now-accepted-by-renthop/?utm_source=20131216&utm_medium=email&utm_campaign=dailyheadlinespm#sthash.UtWNx7SJ.dpuf
Armonk, Bedford Corners Lead in Highest Average Size | #RobReportBlog
| Armonk, Bedford Corners Lead in Highest Average Size | #RobReportBlog | Square Feet | |
| Katonah | 3,876 | |
| Pound Ridge | 3,854 | |
| South Salem | 3,029 | |
| Mt Kisco | 2,788 | |
| Chappaqua | 4,101 | |
| North Salem | 3,288 | |
| Armonk | 5,800 | |
| Bedford | 4,701 | |
| Bedford Hills | 4,021 | |
| Bedford Corners | 5,059 |