Tag Archives: Westchester Real Estate

Mortgage rates will rise along with housing prices | Pound Ridge Real Estate

Home prices and sales will continue to rise, but historically low mortgage rates will start to fade by the end of this year, according to the National Association of Realtors.

The D.C.-based trade group’s chief economist, Lawrence Yun, sees the gains in prices continuing at a rapid pace through at least next year.

“Double-digit price gains are within reach in 2013 because inventory is bounding near 13-year lows, but some relief to inventory will occur later this year,” he said.

NAR forecasts existing home prices will rise an average of 8 percent nationwide this year and 5 percent next year.

Mortgage interest rates will gradually rise this year and next, NAR predicts, with the average rate on a 30-year fixed-rate mortgage reaching 4 percent by the end of this year and 4.6 percent next year.

Freddie Mac said Thursday the average rate on a 30-year fix was 3.51 percent this week. Average 30-year rates hit a record low of 3.31 percent in November 2012.

 

 

Mortgage rates will rise along with housing prices – Washington Business Journal.

May 16th week Farmer’s Markets | Armonk NY Real Estate

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 Fresh Food from Local Sources
5/16-5/22/2013
DowntoEarthMarkets.com
Pickles_2011
What’s New and in Season This Week – and Special Deals

Asparagus
Gajeski Produce

Assorted Rabes
Gajeski Produce

Baby Beet Greens
Baby Beets
Migliorelli Farm

 Blood Sausage with Apricots
Brooklyn Cured

Bok Choy
Migliorelli Farm

Broccoli
Gajeski Produce

Chicken Livers & Parts
Feather Ridge Farm

Chicken Sausage with
Cilantro & Lime

Brooklyn Cured


French Breakfast Radishes
Migliorelli Farm

Fresh Chickens
Stone & Thistle Farm

 Frozen Kofta, Saag, Samosa, and Rajma
**Bring code 051813 to get
$2 OFF your purchase of
4 items! **

Bombay Emerald Chutney Co.

Hanging Flower Baskets
John D. Madura Farms

 Lamb Terrine
Brooklyn Cured

Mini Bundt Cakes
Baked by Susan


Rainbow Chard
Jersey Fresh

Red Leaf Lettuce
Jersey Fresh

Romaine Lettuce
Jersey Fresh

John D. Madura Farms

Tempeh Tamales
Grown in Brooklyn

Tomato Plants
John D. Madura Farms

Squid
American Pride Seafood

Swiss Chard
Gajeski Produce

Polo-Playing Prince Harry Takes Greenwich By Storm | Chappaqua Real Estate

Prince Harry and his teammates hold up the trophy after winning the Sentebale Royal Salute Polo Cup at the Greenwich Polo Club. Photo Credit: Synergy

GREENWICH, Conn. — Prince Harry saved the best for last by scoring the winning goal Wednesday in his charity polo match in Greenwich and celebrating a successful whirlwind weeklong visit to the United States.

Harry played on the winning side of the Sentebale Royal Salute Polo Cup at the Greenwich Polo Club and raised more than $1 million for his charity, Sentebale.

“It is wonderful to be here at Greenwich Polo Club in Connecticut for the Sentebale Royal Salute Polo Cup 2013,” Prince Harry said. “The success of our three previous polo events has helped Sentebale make a real difference to the lives of vulnerable children in Lesotho, the Mountain Kingdom of southern Africa.”

He founded the charity with Prince Seeiso from the Lesotho Royal family in response to the plight of the neediest and most vulnerable of Lesotho’s people, many of whom are victims of extreme poverty and Lesotho’s HIV/AIDs epidemic. Sentebale — which means “forget me not” in the African language of Sesotho — was started in 2006 in memory of the two men’s mothers.

 

 

Polo-Playing Prince Harry Takes Greenwich By Storm | The Bedford Daily Voice.

Watch Out For Coyotes In Westchester This Spring | South Salem NY Real Estate

WESTCHESTER COUNTY, N.Y. – While coyote incidents are on the decline overall, Westchester County experts say that coyotes are typically more active during the spring season and it could be the reason for an increase in coyote attacks on small pets in Westchester County.

Two recent incidents involving pets caused New Castle Police to send out an alert to residents about coyotes Monday, but the latest statistics on coyote reports to the Department of Enivronmental Conservation show that incidents in New York are on the decline. There were at total of 36 incidents reported to the DEC in 2012, down from 39 in 2011 and 80 in 2007, according to the latest reports released by the DEC.

Statistics may not be helpful for the Westchester families who have recently lost pets to recent coyote attacks. But Maggie Ciarcia, a licensed NYS wildlife rehabilitator who serves Westchester County, said there is a strong correlation in coyote attacks on small pets during the spring season.

“Right now is the time of year when coyotes have their babies,” Ciarcia said. “The coyote pups are typically born in late-March into early-May so they’re more likely to hunt for any food they can find in the spring. They’ve been here all along, not just to have their pups, but they’re typically more active in the spring.”

Coyotes view domestic dogs as a threat to their young during the “spring denning season,” according to the DEC. Ciarcia said the incidents in Chappaqua were most likely the result of one mother looking to feed and protect its young.

“My guess would be those all involve the same coyote family,” Ciarcia said. “Normally they eat mice or rodents and do a great job of keeping the rodent population down but coyotes can become very situated to humans and to easy food. So we always warn people not to feed coyotes or leave food for outdoor pets.”

 

 

Watch Out For Coyotes In Westchester This Spring | The Bedford Daily Voice.

18 Photos of FiDi When the Twin Towers Were the New WTC | North Salem NY Realtor

[Photos by Wil Blanche via National Archives. All captions are the 1973 originals.]

The tallest tower of the new World Trade Center reached its full height last week, 40 years after the Twin Towers opened as the original WTC. At that time, the Environmental Protection Agency hired photographer Wil Blanche to document the new giants and the changing Financial District. The Atlantic Cities recently highlighted the photos, which were taken in May 1973 as part of the Documerica project, a visual exploration of environmental issues around the country. The National Archives shared 87 of Blanche’s historic photos onFlickr, and we chose 18 to include in the gallery above.

 

 

18 Photos of FiDi When the Twin Towers Were the New WTC – Sepia Tones – Curbed NY.

Purchase loan demand eases as mortgage rates rise | South Salem Real Estate

 

With rates headed up, demand for purchase loans fell a seasonally adjusted 4 percent from the week before during the week ending May 10, but was still up 10 percent from a year ago, the Mortgage Bankers Association said in releasing the results of its latest Weekly Mortgage Applications Survey.

After declining for seven weeks in a row, rates for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) averaged 3.67 percent, up from 3.59 percent the week before, the MBA said. Points also increased to 0.41 from 0.33 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

Applications for refinancings were down 8 percent from week to week, but refi requests still accounted for 76 percent of all mortgage applications. Source: mbaa.org.

– See more at: http://www.inman.com/wire/purchase-loan-demand-eases-as-mortgage-rates-rise/#sthash.WkQbJNTm.dpuf

 

 

Purchase loan demand eases as mortgage rates rise | Inman News.

Want Chinese clients? Hire Chinese-speaking agents | Cross River Real Estate

Any discussion of working with the Chinese market must begin with a word of caution: China is in many ways as diverse as Europe, so general statements about Chinese clients must be treated carefully.

In the past 30 years, our firm has done thousands of transactions, both commercial and residential, with Chinese families and businesspeople. Notwithstanding China’s immense diversity, our collective experience has given us certain concrete insights into the expectations of Chinese clients, what factors shape their investment decisions, and how to best service this segment of the market.

When compared to other investment vehicles, there is a general preference for real estate investment amongst Chinese clients. According the U.S. Census Bureau and other studies, Asian Americans, specifically Chinese Americans, have a higher homeownership rate than any other immigrant group.

There are a variety of reasons for this which are beyond the scope of this article, but the bottom line is that when Chinese families or businesspeople come to North America, real estate is often the first major investment they make.

– See more at: http://www.inman.com/2013/05/15/want-chinese-clients-hire-chinese-speaking-agents/#sthash.BXaIr9DY.dpuf

 

 

Want Chinese clients? Hire Chinese-speaking agents | Inman News.

Report: Jennifer Lopez Buying $10 Million Mansion in Hamptons | Bedford Hills Real Estate

Source: IMDb

Source: IMDb

Jennifer Lopez might just be “Jenny from the Block,” but her newest block is a stretch of three acres in exclusive Water Mill, NY.

According to the New York Post, Lopez has toured the estate several times with her twins and current boyfriend, 25-year-old Casper Smart. Lopez reportedly paid $10 million for the home, which previously demanded $425,000 as a summer rental. Lopez has been looking for a Hamptons-area estate for years; there were previous rumors that she picked one up back in 2011, shortly after her divorce to Marc Anthony.

The singer and actress’ new place is not only luxe — a must-have for someone who brought in $52 million last year and is ranked above Oprah on Forbes’ Most Powerful List —  but also incredibly private.  Situated on its own cul-de-sac, the updated but classic estate is made up of two lots, with room for plenty of celebrity musts, like guest houses and tennis courts.

Built in 2004, the 8-bed, 4.5-bath measures 8,5000 square feet. The landscaped grounds include a large pool, patio area and plenty of hedges to keep paparrazi at bay.

Lopez hasn’t purchased a home in quite some time. The entertainer still owns an enormous spread in Hidden Hills that she purchased with Anthony in 2010, as well as two homes in Glen Head, N.Y. The star previously owned a waterfront estate in Miami Beach and another home in Beverly Hills.

 

Report: Jennifer Lopez Buying $10 Million Mansion in Hamptons | Zillow Blog.

Rupert Murdoch Tweets About Buying Bel Air Estate & Vineyard | Bedford Corners Real Estate

Rupert Murdoch isn’t shy about wanting to own the Los Angeles Times. He also isn’t shy about his latest real estate purchase.

The media mogul is closing the deal on a Bel Air property, last listed for $29.5 million. While the sale is pending on the MLS, Murdoch decided to share the news on Twitter.

While the vineyard might be small by wine-making standards, it’s a large parcel for Los Angeles measuring 13 acres. The land includes Moraga Vineyards and Winery, which Tom and Ruth Jones have owned since 1959. A 7,500-square-foot home built in 1940 by “Gone With the Wind” and “The Wizard of Oz” director Victor Fleming — as well as a wine cave, guest house and 4,400-square-foot office — come with the property.

According to Business Insider, Murdoch first checked out the listing after reading about it in The Wall Street Journal. Mr. and Mrs. Jones reportedly said they were “ready to pass on the vineyard to ‘someone who will carry on their story.’” Moraga is the first commercial winery to be bonded in the city of Los Angeles since the Prohibition ended in 1933.

“We are proud to be the ‘Vino Locale’ for Los Angeles as well as preservationists for our piece of rural California,” Tom Jones said in a quote on the company’s website.

While Murdoch doesn’t have experience owning a vineyard and is currently facing demands to step down as chairman of News Corp., he knows how to juggle multiple homes. He owns an 11-bedroom in Beverly Hills, as well as two New York City properties.

 

 

Rupert Murdoch Tweets About Buying Bel Air Estate & Vineyard | Zillow Blog.

Jennifer Love Hewitt Buys Sleek Pacific Palisades Home | Armonk NY Homes

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Source: IMDb

Source: IMDb

Jennifer Love Hewitt listed two of her homes earlier this year — one for sale and one for rent — so the news that “The Client List” actress just picked up a new home is no surprise.

According to property records and a report from The Real Estalker, Hewitt paid $3.25 million for a super modern pad in Pacific Palisades. The property was first listed for $3.399 million in early February and reported a pending sale — assumably due to Hewitt’s bid — in mid-March.

The home was previously owned by 7 for All Mankind jeans co-founder Peter Koral, who sold the high-end denim company for a hefty sum in 2007.

The same year, the house was designed by local architect Melinda Gray using contemporary wood and glass. The kitchen includes top-of-the-line, energy-efficient appliances and, like many modern homes, the floor plan is open, leading to a sleek outdoor living space. The home boasts both a rooftop deck and a private patio, which has a pool and lounging area complete with a fire pit and flat-screen TV.

 

 

Jennifer Love Hewitt Buys Sleek Pacific Palisades Home | Zillow Blog.