Tag Archives: Westchester Real Estate

Facebook Changes News Feed Algorithm | Armonk Realtor

Welcome to our weekly edition of what’s hot in social media news. To help you stay up to date with social media, here are some of the news items that caught our attention.

What’s New This Week?

Facebook Updates the News Feed Ranking Algorithm: There are two new features to note regarding Facebook’s new news feed: Story Bumping and Last Actor. Both of these now ensure that Facebook users see more of the updates from the people they interact with.

“This update does a better job of showing people the stories they want to see, even if they missed them the first time.”

 

YouTube Rolls Out Live Streaming and More Channel Tools: Live streaming is rolling out for channels with 100+ subscribers. You can also choose and upload your favorite image to create your custom thumbnail. You can add annotations to your video to “link externally to various online stores and your associated websites.” And you can now mark your playlist as a “series”—YouTube will then show viewers of your videos the next episode from the series and a link to the whole playlist. If you’re on YouTube, be sure to check them out.

You can activate YouTube Live Streaming under your video manager channel settings

LinkedIn Introduces the Ability to Apply for Jobs on Mobile: LinkedIn makes “it possible for LinkedIn members to directly apply for jobs that interest them, right from their iOS or Android device.”

Facebook Launches Graph Search to Everyone in U.S. English: “Graph Search makes it easier to make new connections; you can continue to search for friends and pages by name, or use simple phrases to find something specific across people, photos, places, interests and more.” It is now available to everyone in the U.S. in English.

How to Build a Natural Swimming Pool | Waccabuc Real Estate

Though fairly common in Europe, natural swimming pools (like the one pictured  above in an Austrian family’s backyard), are in their infancy in the United  States. Ask most American swimming-pool contractors to build a backyard pool and  chances are they’ll roll out a long list of goods, including rebar, gunite,  fiberglass, chlorine and an energy-sapping filtration system. If you need to resurface your pool visit https://willshapools.com/resurfacing/. But in recent  years, a few builders and a growing number of homeowners have learned how to  build pools without relying on a mass of manufactured materials and chemical  additives. They’ve found it’s possible to construct pools that are more about  building with nature and blending into the natural landscape. Natural swimming  pools use gravel stone and clay in place of concrete or fiberglass, and aquatic  plants instead of harmful chemicals and complicated mechanical filtering  systems. The plants enrich the pool with oxygen, support beneficial bacteria  that consume debris and potentially harmful organisms, and give habitat to  frogs, dragonflies and other water life. The result is a beautiful, ecologically  diverse system that is relatively inexpensive to construct. (A natural pool can  he constructed for as little as $2,000 if you do it yourself, while conventional  pools can cost tens of thousands of dollars.) Natural swimming pools require no  harmful chemIcals, are fairly low-tech, and once established call for only a  modicum of management. You won’t have to drain the pool each autumn. Except for  topping it off now and then, you’ll fill the pool only once.

DIG IT

The cheapest and most ecologically sound way to build a swimming pool is  simply to hollow a hole in the ground. You can make your pool as shallow or as  deep as you want, but the key is to make sure the sides slope: Otherwise the  soil will cave in. The ratio should be a 1-foot vertical drop for every 3  horizontal feet. “It’s not a bathtub effect, but more like a soup bowl,” says  Tom Zingaro, partner with Denver-based Blue Lotus Designs, a pool-and  pond-architecture company. One of the main reasons traditional swimming pools  are constructed with a steel framework is to ensure the walls stay vertical and  perpendicular to the bottom surface of the pool. Construct a pool with sloping  sides and you’ll eliminate the need for any steel reinforcement.

ZONING

Reserving at least 50 percent of your pool’s surface area for shallow plants,  either at one end or in a ring around the sides, eliminates the need for  chlorine and expensive filters and pumps. You’ll want to separate the swimming  area of your pool and the filtration area, or plant zone (see the illustration).  A rim within an inch of the water’s surface keeps plants in their place but  allows water from the swimming area to move to the plant zone for filtering, As  water passes through the fibrous root structure of the plants, bacteria  concentrated on the plants’ roots act as a biological filter, removing  contaminants and excess nutrients in the water. Decomposer organisms, also found  in the plants’ root zones, consume the bacteria, effectively eliminating  underwater waste buildup.

Inside the plant zone, the water should get steadily deeper, reaching a  maximum depth of 18 inches near the swimming zone. The outermost 6 inches of the  plant zone will be 2 to 3 inches deep, providing a home for taller aquatic  plants. Submergent and floating vegetation occupy the deeper area.

Besides cleaning the water and making your pool beautiful to behold, the  shallow plant zone warms the water quickly and provides habitat for frogs and  many invertebrates. They’ll appreciate the shallow water for breeding grounds  and repay the favor by eating mosquito larvae.

 

read more…

 

 

Read more: http://www.motherearthnews.com/print.aspx?id={4FBE3EA7-1220-4861-A190-A7421DF6BD4A}#ixzz2cWEgLrUB

Katonah NY Weekly Real Estate Report | Katonah Homes for Sale

Katonah   NY Weekly Real Estate Report8/15/13
Homes for sale53
Median Ask Price$899,000.00
Low Price$359,000.00
High Price$18,995,000.00
Average Size3754
Average Price/foot$415.00
Average DOM131
Average Ask Price$2,081,011.00

Are we in a bubble yet? Not even close: Trulia | Pound Ridge Real Estate

The housing market is not even close to forming a bubble, and recent developments have further diminished the likelihood that it will overheat anytime in the near future, Trulia said in releasing the results of its latest Bubble Watch report.

“Even though prices are less undervalued than one quarter ago, our chances of avoiding a bubble have gotten better. Price gains are slowing down, and asking prices dropped in July,” said Trulia Chief Economist Jed Kolko in an email. “Unlike in last decade’s bubble, prices today have started to cool before reaching dangerous heights.

National home prices in the third quarter of 2013 are 5 percent undervalued, compared with 7 percent undervalued in the second quarter of 2013 and 14 percent undervalued a year ago, Trulia reported.

How does that stack up against home values at the peak of the housing boom?

Prices then were 39 percent overvalued, according to Trulia.

– See more at: http://www.inman.com/wire/are-we-in-a-bubble-yet-not-even-close-trulia/#sthash.RY1QXM09.dpuf

Housing recovery continues to heat up | Bedford Corners Real Estate

Despite all odds against the housing recovery, the market is steadily improving and housing experts do not expect the sector to lose its momentum any time soon.

Regardless of an inadequately housing supply, rising home prices reacting to strong demand and difficult lending environment, market expectations remain bullish on housing.

Nonetheless, housing is in its early stages of recovery and panelists at the Bipartisan Policy Center’s conference believe it’s not time for the Federal Reserve to take their foot off the bond-buying gas pedal just yet.

“There is a cyclical and structural nature to the problem,” explained Paul Weech of Housing Partnership Network.

He added, “We haven’t solved for the underlying structural problem and if we revert back to the norm, we still have millions of homes trying to get back in the full market recovery.”

One of the major factors still impacting the housing market is underwriting standards.

Fannie Mae senior vice president and chief economist Doug Duncan pointed out that there is a high correlation between the business cycle and the credit cycle, which will ultimately lead to an established fixed floor of the credit box.

“If in the regulatory process we can establish a fixed floor then we’ll change fundamentally the level of housing,” Duncan explained.

Looking to the future state of housing, experts agreed that immigration will play a significant role in the housing recovery.

Data taken from 2012 and estimated through 2050 shows that the economy will have 15 million less workers if the immigration rate continues, meaning less people in the housing market and less people paying into their entitlements, Duncan noted.

Another group of Americans that will affect the future of housing is the baby boomer generation, which is the fastest growing age group.

Many have a desire to remain in a home, but want to be mobile. As a result, homebuilders are trying to find new ways to accommodate these needs as well as attract first-time homebuyers to market.

Conine Residential Group president Kent Conine explained that homebuilders are introducing new innovations and productions into the marketplace.

For instance, Conine is in the process of developing a system in which seniors sell their current homes and downgrade to plain vanilla property, which will allow them to travel, while still maintaining a home.

 

read more…

http://www.housingwire.com/articles/26155-housing-recovery-continues-to-heat-up

 

Local Housing Prices hit 31-Month High | Cross River Real Estate

 

A significant jump in July home prices and leap in housing inventory are the latest statistics confirming that the Rockford real estate market is realizing the return of home sellers.
The three-month rolling average price hit $113,178 in July, the highest monthly average since $117,520 in January 2011.
The July 2013 price was up slightly from $112,679 in July 2011. However, this marked seven out of the last eight months of year-over-
year price increases.
Housing sales were up 2.7 percent in Winnebago, Boone and Ogle Counties from 364 home sales in July 2012 to 374 home sales this July.
Year-over-year monthly sales have been up 10 out of the last 12 months.
“This extended run of year-over-year sales gains shows the drive to own a home is powering the Rockford housing market,” said Steve Bois, CEO of Rockford Area Realtors.
“Rising home prices fuel the selling market because existing home owners feel more secure about selling their current homes at a profit and moving up to bigger houses.”
Rockford area housing inventory reached 2,093 homes in July, the highest all year and marking the first time properties hit the 2,000 level this year.
“Enthusiasm on the part of buyers shows no signs of flagging,” Bois commented, “and add to that the addition of more than 100 sellers to the market. This indicates that both buyers and sellers believe the time is right to get into the market.”
Driving sales are the return of two key home buyer groups: millennials and move-up buyers.
Almost a quarter of now-married millennials purchased a home with their current spouse before their wedding, according to Coldwell Banker’s new Mortgage and Homebuying study.
By comparison, just 14 percent of those 45 and older purchased a
home with their current spouse before marriage.
Rising Rockford housing inventory levels indicate the return of sellers to the market.
“Existing home owners looking to purchase a better or larger home are coming back in the housing market,” Bois remarked.
“Move-up buyers coming back into the market is a true sign of housing recovery and economic growth.”
Bois said inventory should continue to expand as existing homeowners put their homes on the market, giving first-time buyers more opportunities to find a suitable home.
New national research confirms this move. Nearly half of Americans (47 percent) say they feel more comfortable purchasing a home today than at any other time in the past five years, say results of a survey by Mayflower Research.
“The data reflects an easing of the wariness Americans have felt in recent years following the housing bubble.” Bois said.
“The top two reasons for a delay—economic instability and declining real estate market—are now falling by the wayside. Americans
have rising faith in the housing market.”

 

Local Housing Prices hit 31-Month High.

30 Year Mortgage Rate around 4.40% reports Freddie Mac survey | Bedford NY Homes

 

 

Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates changing little on the heels of the July employment report which came in below the market consensus forecast. Since spiking more than a full percentage point in early May over taper talk, the average 30-year fixed-rate mortgage has seesawed week-to-week, while remaining below its recent high of 4.51 percent in mid-July.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.40 percent with an average 0.7 point for the week ending August 8, 2013, up from last week when it averaged 4.39 percent. Last year at this time, the 30-year FRM averaged 3.59 percent.
  • 15-year FRM this week averaged 3.43 percent with an average 0.7 point, unchanged from last week. A year ago at this time, the 15-year FRM averaged 2.84 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.19 percent this week with an average 0.5 point, up from last week when it averaged 3.18 percent. A year ago, the 5-year ARM averaged 2.77 percent.
  • 1-year Treasury-indexed ARM averaged 2.62 percent this week with an average 0.3 point, down from last week when it averaged 2.64 percent. At this time last year, the 1-year ARM averaged 2.65 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Mt Kisco Real Estate sales down 12% | Median price up 51% | RobReportBlog

 

 

Mt Kisco   NY Real Estate ReportRobReportBlog
20136 months ending 8/82012
41Sales47
$760,000.00median sold price$503,500.00
$395,000.00low sold price$275,000.00
$3,950,000.00high sold price$2,875,000.00
3074average size2694
$277.00ave. price per foot$254.00
193ave days on market204
$848,469.00average sold price$694,371.00
95.88%ave sold to ask94.80%

HUD deputy secretary to discuss fair housing settlement | Armonk Real Estate

Deputy Secretary Maurice Jones of the U.S. Department of Housing and Urban Development discusses the fair housing settlement with Westchester County in an Editorial Spotlight interview at 2 p.m. Wednesday.

To view the session and join the live chat, go towww.lohud.com/editorialspotlight.

To make a comment in advance, reach us via Twitter

@lohudopinion or email Digital/Social Media Editor Brian Howard at bjhoward@lohud.com.

Also, read Westchester housing settlement monitor James Johnson’s report on fair housing in Westchester, and other key documents, on lohud.com or directly at http://lohud.us/19A2uvH.

 

Watch live: HUD deputy secretary to discuss fair housing settlement Wednesday at 2 – Northern Westchester.

World’s biggest offshore wind farm will be built in Lincolnshire | Bedford Corners Homes

Plans to create the world’s biggest offshore wind farm off the coast of Britain have been approved.

Work on the massive Triton Knoll site – 288 giant wind turbines off the Lincolnshire coast – can now begin after the £3.6bn project was given the go ahead.

It will dwarf Britain’s current largest offshore facility, the 175-turbine London Array in the Thames Estuary unveiled last week by David Cameron.

Go-ahead: An offshore wind farm off the coast of Skegness in Lincolnshire

Go-ahead: An offshore wind farm off the coast of Skegness in Lincolnshire

When complete, the new giant windfarm will generate 1.2 gigawatts of electricity, enough to power for 820,000 homes.

But critics say it will not come without a cost, as offshore power is currently subsidised by the taxpayer at three time the wholesale price of conventionally-produced electricity.

And the scheme is not without controversy. As part of the project, energy giant RWE are proposing building a substation the size of 30 football pitches connected to the offshore turbines, in the Lincolnshire countryside.

 

 

World’s biggest offshore wind farm with 300 turbines will be built in Lincolnshire | Mail Online.