Tag Archives: Westchester NY Homes for Sale

Westchester NY Homes for Sale

Police Continue To Investigate Death Of Chappaqua Lawyer | Chappaqua Real Estate

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Susan Kramer Feinberg, the 59-year old Chappaqua resident who was found dead in a midtown New York hotel after being reported missing, was a married attorney with two children.

According to her LinkedIn page, Feinberg, an Oak Hill Road resident, listed herself as a pro bono attorney. She worked at Cohanzik Management L.L.C., a hedge fund, in Pleasantville as a high yield analyst until 2008, according to her LinkedIn.

She was admitted to the bar in New York in 2005 and was also licensed to practice in Georgia and Florida.

Feinberg was married to Edward, who runs an energy consulting firm.  She had a son, Sam, and daughter, Abigail.

When reached at their home, Edward Feinberg declined comment.

A neighbor, Ilse Stone, said Feinberg was often seen walking around the neighborhood with a crutch. The family was considering leaving Chappaqua after Feinberg lost her job at Cohanzik, Stone said.

Feinberg is originally from Yardley, PA and attended the University of Pennsylvania, according to her Facebook page.

Feinberg’s body was discovered lying face-up at the Times Square Hilton hotel at 2:37 p.m., according to a representative with the New York Police Department Press Office. No foul play was suspected and the medical examiner is set to determine the cause of death, the New York Police Department Press Office said.

 

 

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http://chappaqua.dailyvoice.com/police-fire/police-continue-investigate-death-chappaqua-lawyer

American consumers no longer so confident | North Salem NY Real Estate

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Consumer confidence fell in August from a six-year high as Americans observed rising interest rates and fluctuating stocks caused by uncertainty surrounding the Fed’s plans for quantitative easing, Bloomberg reports

The publication studied the Thomson Reuters/University of Michigan index of consumer sentiment and released the following findings:

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment fell to 80 from 85.1 in July, which was the highest since July 2007. The median projection of 68 economists surveyed by Bloomberg called for little change at 85.2. The decline this month was the biggest since December.

 

                    Source: Bloomberg News

Secure more real estate leads on Facebook | Bedford NY Realtor

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Facebook news feeds are like the crawl on CNN. You’ve seen the scrolling words on your TV screen. Item after item after item that are “nice to knows” until there is breaking news. Then, we get a big “BREAKING NEWS” in red that hooks us in.

The job of real estate salesperson on Facebook is to participate in the mundane while figuring out a way to break through. What’s the big red “BREAKING NEWS” items in your network’s world that will impact you?

This “big news” often includes major lifestyle announcements like getting a new job, announcing a pregnancy, getting engaged/married/divorced and even retiring. These lifestyle announcements occasionally have a direct correlation to housing needs but are sometimes overlooked by real estate professionals.

When someone in your social stream mentions any of these lifestyle triggers they are opening a door of opportunity and you should be prepared to walk right in. To effectively execute this strategy you need to follow these three easy steps:

Be an active engager

After connecting with a current or prospective client on a social network like Facebook, it is imperative to stay in touch. By engaging them continuously, you will nurture your relationship on a personal level and have an easier time opening the door of opportunity when the time is appropriate.

 

 

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– See more at: http://www.inman.com/next/secure-more-real-estate-leads-on-facebook/#sthash.JHTgM9Cb.dpuf

Bedford Commuters: Prepare For New Train Schedule On Harlem Line | Bedford Hills Real Estate

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A new Metro-North train schedule goes into effect for all Harlem and Hudson Line customers on Monday, Aug. 19 so that track repairs can expand and continue on the Bronx Right-of-Way Improvement Project, the railroad announced.

The new schedule includes changes on all three New Haven, Harlem and Hudson Line trains. On the Harlem Line, the 8:03 a.m. local train from Mount Vernon West to Grand Central will be restored.  The New Haven Line’s 7:35 a.m. train from Port Chester to Grand Central will also be restored, as well as the 8:30 a.m. train from New Rochelle to Grand Central. This schedule will remain in effect through the fall until the Bronx-Right-of-Way Improvement Project is completed. The schedules for trains on the Hudson, Harlem and New Haven Lines will be adjusted between two and ten minutes to more accurately reflect travel times, the release said. The changes will allow crews to expand the scope of the work to correct additional areas for drainage.  “Further inspections, aided by the use of new technology such as ground penetrating radar, have indicated additional areas not visible at the surface where drainage needs to be improved,” a press release said. Metro-North said it is working to improve the reliability of its service and to address delays.  The railroad said the new schedule changes are necessary to restore the three trains that were cancelled on July 1. Track work for the Bronx Right-of-Way Improvements Program, which began July 1, is being conducted to about 6 miles of track in the Bronx, used by the New Haven Line and the Harlem Line in the Bronx. Additionally, schedule changes include special shuttle bus service to and from Tremont and Melrose stations. Customers may take buses to Fordham for train service. Buses will operate on a half-hourly basis during peak periods on weekdays, and hourly during off-peak periods and weekends.

 

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http://bedford.dailyvoice.com/news/bedford-commuters-prepare-new-train-schedule-harlem-line

Mortgage rates hold steady | Bedford Corners Real Estate

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Mortgage rates remained largely unchanged from last week after bouncing around from July to August on market uncertainty as to whether the Federal Reserve will taper its bond-buying program.

Mortgage rates for the week ending Aug. 14, changed very little from the previous week, according to Freddie Mac’s Primary Mortgage Market Survey.

The 30-year, fixed-rate mortgage came in at 4.40%, unchanged from last week, and up from 3.62% last year.

In addition, the 15-year, FRM averaged 3.44%, up from 3.43% last week and also up from 2.88% a year earlier.

The 5-year, Treasury-indexed hybrid adjustable-rate mortgage came in at 3.23%, a slight jump from 3.19% last week and a substantial increase from 2.76% last year.

The one-year Treasury-indexed ARM reached 2.67%, up from 2.62% a week earlier and not far from the 2.69% rate reported a year earlier.

“Fixed mortgage rates have been bouncing around over the past few weeks on market speculation that the Fed will taper some of its monetary stimulus,” said Freddie Mac vice president and chief economist Frank Nothaft. “In fact, 65 percent of economists surveyed by Bloomberg expect the Fed to reduce the amount of bond purchases at its September 17th and 18th monetary policy committee meetings.”

He added, “Currently, mortgage rates on 30-year fixed mortgages are 1.1 percentage points above their all-time low set on November 21, 2012, which translates into $125 more per month in mortgage payments on a $200,000 loan.”

Bankrate also noted that fixed mortgage rates were little changed.

In its weekly national survey, Bankrate reported that the 30-year, FRM rose to 4.57%, while the 15-year, FRM declined to 3.61%. In addition, the 5/1 ARM increased to 3.61%.

 

 

Mortgage rates hold steady | 2013-08-15 | HousingWire.

NCAA Regulations Stop Lewisboro Teen From Owning Business | Katonah Real Estate

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A few months after graduating from the Katonah-Lewisboro School District, Andrew Duffy was working on starting up his own company.

But Duffy, a 2013 graduate of John Jay High School, was recently advised by his college coach at SUNY-Cortland to shut down his business of stringing lacrosse sticks, fearing it may impact the incoming freshman’s NCAA eligibility.

“I’m bummed out a little,” said Duffy. “But with all the things going on with the NCAA and Johnny Manziel, I really didn’t want to take any chances with my eligibility.”  [The eligibility of Manziel, the Texas A&M quarterback and last year’s Heisman Trophy winner, is under question because of reports he took money for autographs in January.]

Duffy launched “Top Knotch” last fall. The small company, which he operated out of his home, specializes in stringing lacrosse sticks. Duffy customizes the sticks depending on the position a person plays.

According to NCAA rules, student-athletes are not permitted to benefit financially from a business involving the sport they play.

“I’m just going to enjoy my college career and not have to worry about the other stuff,” said Duffy, who will play mid-fielder and attack for SUNY-Cortland. “When I finish college, I can start the business back up again.”

Duffy recently expanded  the operation by selling  T-shirts and other apparel. However, it’s been put on hold until Duffy exhausts his NCAA eligibility at SUNY-Cortland.

 

 

NCAA Regulations Stop Lewisboro Teen From Owning Business | The Bedford Daily Voice.

How to Use LinkedIn Sponsored Updates | Bedford Corners Realtor

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Are you wondering how to use LinkedIn Sponsored Updates?

Does your business have a LinkedIn company page?

Do you want to grow your following outside of your company page?

In this article I’ll show you 6 steps for creating and measuring the impact of your first LinkedIn Sponsored Update.

Why Sponsored Updates?

If you’re one of the 3 million companies that have a LinkedIn company page, you’ll know that you can post updates directly from your company rather than as an individual. And you can like and comment as your company as well.

And now, just like Promoted Posts and Sponsored Stories on other social sites, LinkedIn has launched its own Sponsored Updates function, which runs on the same principle.

If you’re a B2B marketer, Sponsored Updates allow you to promote your message to others outside your company page following. At the same time, you can target who sees that message, so your marketing efforts can be focused on the right people.

Here’s how to use Sponsored Updates:

#1: Create Your Post

Post your update to your company page as normal. You’ll need to wait a few minutes and then refresh your page until you see the Sponsor Update button.

 

 

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http://www.socialmediaexaminer.com/linkedin-sponsored-updates/

 

California housing affordability declines as home prices rise | Katonah NY Homes

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California’s post-recession moment for housing affordability appears to be ending fast.

Rising home prices in the San Francisco Bay Area and other coastal markets shut out a big chunk of the state’s home-buying population last quarter, according to data published Monday by the California Assn. of Realtors. Rising mortgage interest rates also didn’t help.

The rise in mortgage costs will probably keep values from skyrocketing, but price appreciation will probably continue, said Leslie Appleton-Young, chief economist for the association. That means housing affordability probably won’t improve any time soon.

“It is going to continue to deteriorate, but perhaps at a lower rate,” Appleton-Young said. “I do think you are going to see a cooling off of price appreciation.”

Thirty-six percent of Californians could afford a single-family home at the state’s median price in the second quarter, down from 44% in the first quarter, according to the association’s housing affordability index. The state hit a record high for affordability in the first quarter of 2012, with 56% of home buyers able to buy a median-priced home.

People looking to buy a house needed to earn a minimum of $79,910 a year to qualify for a home at the statewide median price of $415,770 in the second quarter. In the prior quarter, a minimum annual income of $66,800 was needed to qualify for a home at the median home price of $350,490.

Richard Green, director of USC’s Lusk Center for Real Estate, said the decline in affordability is just the latest indication of wage stagnation in the U.S. In the post-World War II boom, home prices and wages rose in sync, making homeownership increasingly accessible, but that ended in the 1970s.

“People are not making more money, except at the high end,” Green said. “This gets at the broader problem, which is not a housing problem…. It seems to me the problem is much more of an income one.”

Madera County, in the Central Valley, was the most affordable county in the state, with 71% of home buyers there able to afford a home. San Francisco and San Mateo counties were tied for the least affordable, with only 17% of people able to buy a home in those jurisdictions.

 

 

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http://www.latimes.com/business/la-fi-housing-affordability-20130813,0,1509728.story

 

Florida Luxury real estate market takes off again | North Salem Real Estate

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Southwest Florida’s luxury real estate market has awakened from its prolonged hibernation with a vengeance this summer — the season when activity for high-end home deals is usually at its slowest.

From locals seeking an upgrade to European investors and even athletes training at Bradenton’s IMG Academy, an influx of millionaires scouting homes in the region has helped the industry dodge its typical summer lull in a big way.

Some areas are leading the charge, but in all, brokers say luxury real estate is clearly mounting a comeback.

“There’s a slight frenzy going on right now,” said Michael Moulton, an agent with brokerage Michael Saunders & Co.’s Longboat Key office. “Things are selling good across the country right now, and with inventory dwindling, people are trying to take advantage of the market before prices rise like they did below the $1 million mark.”

Buyers in Sarasota, Manatee and Charlotte counties snapped up 56 homes priced above $1 million in July, a 51 percent increase from June and a 124 percent jump from the same time last year, property records show.

With another 45 luxury deals pending in Southwest Florida — and the average shelf-life for those listings shrinking — industry analysts believe the luxury home market is beginning to flirt with the same boom-like conditions that have amplified the more intermediate price ranges since late last year.

 

 

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http://www.heraldtribune.com/article/20130812/ARTICLE/130819911/2055/NEWS?Title=Luxury-real-estate-market-takes-off-again

 

Investors place their bets on luxury homes | Mt Kisco Real Estate

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Recently, there has been a surge in high-end and luxury property flipping nationwide.

Beginning in 2011, flips of homes valued at $1 million or more have risen nearly 40% across the U.S., according to RealtyTrac.

Between 2011 and 2012, high-end flipping soared 456 percent in Phoenix (150 properties from 27); 867 percent in Orlando (29 homes from 3); and to 73 properties from 10 in Las Vegas.

                    Source: Reuters