Tag Archives: Westchester Real Estate

Housing recovery falls back to 54% back to normal | Bedford Real Estate

The housing recovery is now 54% back to normal in April, down from 56% in March due to the sharp drop in new home starts. Trulia‘s Jed Kolko writes that construction starts dropp to 853,000, down 16% from March. Existing home saled inched up slightly month-over-month, while non-distressed sales increased 25% year-over-year. The delinquency rates + foreclosure rates dropped sharply to the lowest level since September 2008.

To read the full report from Trulia ($29.47 0.2%), click here.

 

Housing recovery falls back to 54% back to normal | HousingWire.

Home builders buck market trend on Wall Street | Pound Ridge Real Estate

According to MarketWatch:
Hovnanian Enterprises ($6.04 -0.06%) shares rose 2.7% after the Commerce Department said that sales of new homes rose 2.3% to 454,000 in April, the second highest post-recession level, on pent-up demand and low interest rates.
Toll Brothers ($36.75 -0.85%) closed up 1.4%, Lennar Corp. ($42.79 -0.61%) gained 2.6%, KB Home ($23.11 -0.29%) added 1.6% and Ryland Group ($48.46 0.36%) advanced 1.1%.
To see the full analysis by MarketWatch, click here.

 

 

Home builders buck market trend on Wall Street | HousingWire.

Chappaqua Realtor | Responsive Marketing

Screen Shot 2013-05-18 at 1.01.19 PM
In the beginning, there were products and services, and some were good. Fewer became trusted brands, but those that did enjoyed unquestioned loyalty supported by a simple yet effective marketing engines built to reach people in mass quantity. The formula worked for decades. An empire was built on the shoulders of Madison Avenue and expanded globally. It is an empire, which still exists today, though arguably it’s a diminished version of its former self.

More recently, technology has had it’s own evolutionary process which it’s still going through. Well over a decade ago, when large organizations developed and updated their complex Web properties, the most popular and rigorous process one could follow in development was referred to as “Waterfall”.  Think of this as a descending, linear staircase where one step of the process was completed in full before moving on the next. The methodology was rigorous, but also left little room for tweaking, testing, adapting and improving along the way.

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Responsive Design
Today, digital design and development is often done leveraging the “agile” method of development, which favors smaller, cyclical bursts of development and rapid testing. Start-ups favor this approach as well building not only their tech products but also their business models in a way, which resembles more of an agile philosophy vs. a rigid, sequential approach. Even “large” start-ups like Facebook demonstrate this in how they roll out enhancements to their global platform, often making the changes incrementally, rolling them out with select users and then adjusting based off the data they analyze. Google often works this was as well. If you were to undertake designing and building a digital property today—you would also have to ensure that it would perform across multiple platforms (desktop, tablet, mobile). A popular methodology for developing this way is called “responsive design”—a technique, which leverages code that results in a shape shifting design which auto-magically fits the medium it, is being interacted with in.

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Most Marketing Remains Linear And Unresponsive
Despite the pervasive nature of all manifestations of digital, including social and mobile, much of the marketing emphasis remains dedicated to reaching people in mass, following a tried and true formula for advertising designed to build off consumer insights and craft compelling messages which could be distributed across a myriad of channels (including digital). The approach is designed for the broadcast industrial machine including print, radio and television, which, despite rumors of its demise is likely to stay with us for some time. The problem it poses however is that it is an approach that much like its counterpart in tech development, (Waterfall) is neither nimble nor flexible and isn’t built for rapid change nor does it adapt well beyond the dominant media it was designed for.

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“Content Marketing” Is Disrupting Modern Day Brand Building
CMOs, chief digital officers and brand managers across many organizations are currently grappling with the notion of content used in the context of marketing—inherently they understand that their customers value content, consume it, create it, and share it—and they want in on the action. They also understand that this type of content isn’t often the traditional campaigns they execute for broadcast so they face a dilemma:

What content do consumers value most?

How do they find it?

What gets individuals sharing content with peers?

How does content scale, reaching the right audience at the right time?

How do brands insert themselves into the content ecosystem in ways that bring value back to the brand?

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Responsive Marketing
The solution to the content question lies somewhere between acknowledging that a brand must support both a traditional, linear marketing model in addition to a newer, cyclical construct which is constantly in tune with the current environment and operates in consolidated time frames. Responsive marketing sits at the core of the content evolution that many companies find themselves trying to navigate as they pull together newsrooms,command centers and media operations which are designed to help brands act more like publishers. All of these can be effective in treating the symptoms a brand may exhibit if they possess only competencies in linear forms of marketing, but they do not address the root issue—deconstructing a marketing machine which places the majority of resources on mass marketing will ensure it never gains proficiency in alternate forms of content and media.

A more holistic approach is needed.

 

Logic+Emotion: Responsive Marketing.

Pound Ridge NY Weekly Real Estate Report | RobReportBlog

Pound Ridge NY Weekly Real Estate Report

5/23/2013
Homes for sale
88
Median Ask Price$1,045,000.00
Low Price$285,000.00
High Price$4,250,000.00
Average Size3903
Average Price/foot$354.00
Average DOM119
Average Ask Price$1,357,334.00

 

 

Pound Ridge NY Weekly Real Estate Report | RobReportBlog.

Some say housing may not lead the recovery | South Salem Real Estate

Robert Shiller, Karl Case and David Blitzer — leading experts in the housing market — believe several headwinds will keep a lid on housing gains, such as a low level of new home starts, an unexpectedly slow migration of so-called shadow inventory onto the market, and difficulty for buyers to secure financing, writes NBC News.

Yale University economist Shiller said:

“You’ve got a lot of breathless commentary in the media. All this talk that we’re in this great recovery—we probably are in the short run, the longer run doesn’t look so terrific to me.”

 

Some say housing may not lead the recovery | HousingWire.

Barbara Corcoran: From waitress to real estate queen | Waccabuc Real Estate

HOW10 barbara corcoran

Corcoran in her New York City apartment

(Fortune)

Barbara Corcoran’s story would make perfect fodder for movies or TV: A diner waitress with moxie takes a $1,000 loan, uses it to build the first woman-owned real estate firm in New York City, and rises to the top of residential real estate in the city before selling her firm, the Corcoran Group, for $66 million in 2001. Sure enough, the woman who once owned 14 red suits — her visual trademark — eventually found her way to the small screen, with regular roles on the Today show and Shark Tank, a reality hunt for entrepreneurial talent. Her bestselling books share business advice, and today Corcoran, 64, who was once too terrified to speak in public, enjoys giving motivational talks. Her story:

I grew up in Edgewater, N.J., the second oldest of 10 kids, and even though it was a very poor town, I thought we were the Kennedys because my father wore a suit to work. He was a printing-press foreman, and my mother was a housewife.


I went to Catholic school, and it was an accomplishment for me to make straight D’s. I say this because there’s always a dumb kid in school who thinks grades have something to do with what you end up doing in life. They don’t. It’s street smarts that helped me succeed. I had 20 jobs before I graduated from St. Thomas Aquinas College in 1971, doing everything from selling hot dogs to being an orphanage housemother in my senior year.

Barbara Corcoran: From waitress to real estate queen – May. 23, 2013.

New York Yankees star Alex Rodriguez sells Florida mansion for $30M | Bedford Hills Real Estate

Injured Yankees third baseman Alex Rodriguez already rakes in more dough than any player in baseball, earning $30 million a year for playing — or, this year, not playing — like a shell of his former self. And as it turns out, A-Rod also has a pretty good real estate racket going, too.

According to TMZ, the 37-year-old Rodriguez, who has been on the disabled list all season following January hip surgery, recently sold his nearly-20,000 square foot Miami mansion for a whopping $30 million, netting himself a profit of $15 million.

Rodriguez reportedly purchased the sprawling estate for $7.4 million in 2010. Then after putting in $7.6 million into renovating it, Rodriguez listed the nine-bedroom, 11-bath palace for $38 million in August. (It’s a shame he had to settle for such a lowball offer.)

Here are a few photos, via TMZ, of what you could have gotten for the equivalent of one year of A-Rod’s salary:

    

It’s currently not known who the buyer is — TMZ says it’s a celebrity from Palm Beach — butaccording to the New York Daily News, Rodriguez had been renting the home for more than $125,000 a month before settling on the $30 million purchase offer.

 

Report: New York Yankees star Alex Rodriguez sells Florida mansion for $30M – MLB News | FOX Sports on MSN.

4 Time Saving Content Curation Tools | Katonah NY Realtor

Content curation services, which had been one of the choice tools of marketing experts for some time now, are finally entering the mainstream.4 Time Saving Content Curation Tools

Some research done by the guys over at LikeHack showed that this service is now often used not by marketing consultants but by ordinary people. This is due to information overload and the rising need for content filtering.

For this reason, content curation is evolving from not being only a professional tool but a tool that saves web surfers time as personal service.

The demise of Google Reader is only going to accelerate the use of these tools as people switch to these emerging technologies to filter their content to save them time and increase content relevance.

What is content curation?

A content curator is a service that uses algorithms to show the user only the most relevant and appropriate content with respect to a specific niche or topic. It is a great marketing tool with unusually broad filtering capabilities and information selection that can be used to develop and promote a business. In 2012, Forbes called content curation one of the five hottest new web trends.

Companies like American Express and Whole Foods already actively use this marketing tool to curate content that might be of interest to their customers. Other companies use it to create their own online newspapers or select articles for the corporate blog.

The changing trend

However, content curation has been gradually developing from a niche marketing tool into a mainstream product. Personal content curation services are proliferating*:

Content Curation tools

Moreover, the team at LikeHack used SEMRUSH to analyze the search engine traffic  to curation sites like paper.li and observed that the increase in the number of visits slowed to nothing in the past six months.

Paper.li traffic:

Paper li content curation

It is important to note that the actual popularity of the phrase “content curation” has not decreased. On the contrary, GoogleTrends clearly show that the popularity of the keyword query and its various forms is growing.

What does this mean?

It means that more and more people are interested in content curation; it is no longer just for marketing professionals..

Why is this happening?

Everybody knows that the amount of information exchanged through social networks and feeds is growing exponentially, following the well-known MooresLaw. According to LikeHack’s research based on 3 million user accounts, people spend approximately one hour every day looking through unnecessary information. There are several services available today which solve this problem, and they are growing in popularity:  Likehack, Storify, Pearltrees, Getprismatic and others.

For example, here are the stats for GetPrismatic:

Get Prismatic content curation tool

Traffic to the site has grown considerably. A similar trend can be observed with other services. Today there are services that allow you to filter your Facebook, Twitter and RSS feed, showing only what’s most interesting and relevant.


Read more at http://www.jeffbullas.com/2013/05/23/4-time-saving-content-curation-tools/#A56VccFwCxiAC6dE.99 

 

4 Time Saving Content Curation Tools | Jeffbullas’s Blog.

15 Actionable Takeaways From Social Media Marketing World 2013 | Bedford Hills Realtor

Did you miss Social Media Marketing World in April?

Or perhaps you were there but weren’t able to attend all the sessions you would have liked to.

In this article I’ve assembled for you 15 actionable social media marketing takeaways from some experts who presented at the event.

Here’s what they had to say.

#1: Prepare for Social Displacement

michael stelzner

Michael Stelzner

With maturity of any new industry comes disruption. Just as email, the web and search disrupted entire industries several years ago (e.g., the postal service, print publications and traditional sales), we can also expect a lot of online disruption to happen because of social media.

  • Facebook messages are displacing email (it’s becoming easier to send your friend a Facebook message rather than find their email address).
  • Asking friends rather than searching (more and more people are asking their Facebook friends or Google+ circles for referrals instead of searching online for a product or service).
  • Listening to podcasts is beginning to replace radio.

This obsession with social is happening because people love social media. According to a McKinsey & Nielsen survey, 76% of people feel good when they network using social media.

social networking sentiments graph

Consumers generally feel good after engaging in social media.

Michael Stelzner is founder and CEO of Social Media Examiner.

#2: Connect With Anyone You Want by Giving Value

larry benet

Larry Benet

Connecting is the ability to identify and relate with people to increase your influence with them. If you can add value, serve others and give freely, then you can connect with anyone, power your business and get whatever you want faster. Here’s what you need to do to become a valuable connector:

  • Make meaningful and authentic connections with others
  • Find out what’s important to them
  • Help them get it
  • Become a value-creator (by connecting people with other people, resources, tools or ideas)
  • Follow up systematically (because out of sight, out of mind)

The more you give, the more you receive; the more value you add, the better things become.” This is the secret sauce of making powerful connections.

humans holding hands

Add value, serve others and give freely.

Larry Benet is known as the Connector and president of the Speakers and Authors Networking Group (SANG).

#3: Invest in Passionate Community Managers to Improve Facebook Reach

mari smith

Mari Smith

Content may be king but engagement is queen and she rules the house,” says Mari Smith. One of the best ways to increase your reach on Facebook is to invest in a passionate community manager who understands how to engage with fans. A great community manager is one who has these qualities:

  • Proper training (knows how to be persuasive and is focused on good customer service)
  • Focused on prompt engagement
  • Focused on quick response to fan posts and comments. Responding to questions makes money (e.g., Gina Alexander Photo Handbags made $28,000 in sales within 24 hours of hosting a live Q&A about her handbags on her Facebook page!)

Mari Smith is a social media leader and Facebook marketing expert.

 

15 Actionable Takeaways From Social Media Marketing World 2013 | Social Media Examiner.

Home inventory rises sharply in April | Waccabuc NY Real Estate

Housing inventory rose significantly in April, easing a supply shortage that some experts say has constrained home sales.

Meanwhile, existing-home sales edged upwards in April. Still, sales remain hampered due to limited supply and tight credit, according to NAR.

Housing inventory rose 11.9 percent to 2.16 million homes in April, representing a 5.2-month supply of homes at the current rate of home sales. That’s up from 4.7 months in March. But inventory still remained 13.6 percent below a year ago, when there was a 6.6-month stock.

Existing-home sales ticked up 0.6 percent to a seasonally adjusted annual rate of 4.97 million in April from an upwardly revised 4.94 million in March, according to NAR. That put sales at their highest level since November 2009, when a tax credit stimulated purchases, NAR said.

“The robust housing market recovery is occurring in spite of tight access to credit and limited inventory. Without these frictions, existing-home sales easily would be well above the 5-million-unit pace,” said NAR Chief Economist Lawrence Yun. “Buyer traffic is 31 percent stronger than a year ago, but sales are running only about 10 percent higher.  It’s become quite clear that the only way to tame price growth to a manageable, healthy pace is higher levels of new-home construction.” Source: realtor.org.

 

 

Home inventory rises sharply in April | Inman News.