Bedford NY Real Estate | Robert Paul Talks Life in Bedford NY

Bedford   NY Weekly Real Estate Report 9/3/2013 Homes for sale 85 Median Ask Price $1,650,000.00 Low Price $419,000.00 High Price $14,500,000.00 Average Size 4849 Average Price/foot $410.00 Average DOM 145 Average Ask Price $2,036,182.00 Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Bedford NY Weekly Real Estate Report | RobReportBlog | Bedford Homes

Are underwater homes deterring unemployed people from moving to get new jobs? Not according to a new study from the Federal Reserve Bank of Cleveland, which finds that homeowners will relocate for a job, even if they will lose money on the sale of their home. The study found that “the lock-in effect,” a term coined to help explain why joblessness persisted so stubbornly during the recovery’s first fitful years, is really a myth. After the financial crisis, the number of homeowners who relocated from one state to another declined. At the same time, the number of homeowners who were underwater, i.e., owed more than their house was worth, increased. Some studies suggested that the decline in mobility rates was caused by homeowners being locked in to their underwater homes, contributing to higher unemployment rates. However, the data used in those earlier studies had many limitations. Using anonymous data from two major credit bureaus, a team of researchers, including the Clev...

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 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 Lincolnshi...

Real estate market seeing increase in activity - MiningJournal.net | News, Sports, Jobs, Marquette Information | The Mining Journal

Bedford NY area luxury market down 14%  |   RobReportBlog Homes selling for more than $2,000,000  -  last six months 2012 23  homes sold 2011 27  homes sold There are currently 135 homes for sale asking over $2,000,000.  At the current rate it will take 35.22 months to sell these homes.  There is a great inventory of un sold homes to choose from. via trulia.com

via businessinsider.com

Average sold price for Bedford NY area real estate  |  Bedford NY Homes $1,156,482    Armonk $1,073,578    Chappaqua $1,328,948    Bedford $885,537       Pound Ridge $621,120       North Salem $649,194       South Salem $788,487       Mount Kisco $1,279,570    Bedford Hills via trulia.com

Top Average Ask price for Bedford NY area  |  Bedford Real Estate 1.   Bedford Hills    $3,694,474 2.   Bedford Corners  $2,964,869 3.   Armonk           $2,424,364 4.   Bedford           $1,778,348 5.   Chappaqua      $1,723,827 6.   Pound Ridge    $1,502,647 via trulia.com

via mashable.com

Thursday, 11/8 – 1:30pm The Town of Bedford lifts its State of Emergency as of Noon today, November 8th. Click here to read the order: http://www.bedfordny.info/html/pdf/town_clerk/2012%20State%20of%20Emergency%20Resind%20Order.pdf Dry ice and bottle water is available in front of the Town House. ConEd is distributing dry ice at 200 Business Park Drive from Noon until 5pm today. ConEd representatives will be available to answer any questions you may have. Day warming shelters and charging stations continue to be available at the libraries and fire houses in Bedford, Bedford Hills and Katonah.  Readers Digest (Chappaqua Crossings) is open as an overnight Emergency Shelter and have hot meals. Contact Vince Russell, Director, 845-825-7395.  NYSEG and ConEdison continue Sandy recovery efforts. Both NYSEG and ConEd report 300+ residents without power in the Town. NYSEG is reporting full restoration 11/8 by 11pm and ConEd reporting 11/9 by 11pm. If either utility company s...

Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update highlights mortgage rates and inflation.   The rate on a thirty year fixed rate mortgage remained relatively unchanged last week at 4.69%, but is down 26 bps from mid-April. The average annual inflation expectation in the U.S. over the next ten years declined by 9 bps to 2.39%. The decline in long term interest rates reflects conflicting signals from the latest employment report – more people employed, but a higher unemployment rate due to a bigger labor force. Incredibly, despite rising and accelerating consumer prices and producer prices, the global bond investors have largely discounted any future inflationary pressure.  If there is a change in this sentiment, interest rates could quickly spike upward.     Bedford Luxury Homes  

  An article titled “Get Google Get Hired” on TalentZoo.com last week by William Arruda got me thinking about my personal brand.  Everyone is using Google these days to learn more about a person (or to check up on how they look when others Google them).  The idea behind the article is how to measure someone’s Google Quotient and introduces an algorithm called the Online ID Calculator which measures an individual’s Google Quotient. The Online ID Calculator was created by William Arruda and Kirsten Dixson as a way to promote their book called “Career Distinction: Stand Out By Building Your Brand” .  But using the calculator is a worthwhile exercise and takes just minutes to complete.  The model uses four key measures in the calculations – volume, relevance, purity and diversity.  A link was included in the article to a short video that explains these concepts in depth . So I took their test. ...

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On Manhattan's East Side near the East River is Sutton Place, which includes some of the city's most exclusive enclaves. The neighborhood takes its name from Effingham B. Sutton, a 19th-century shipping merchant and entrepreneur who made his fortune during California's 1849 Gold Rush and then built brownstones on 57th and 58th streets in Manhattan. By the early 20th century, the area became filled with tenements, but wealthy families like the Vanderbilts later transformed it.  The ritziest part of the neighborhood is dotted with pre-war buildings and properties with intricate facades designed by Rosario Candela. Most of the apartments are in exclusive co-ops whose boards require buyers to put down at least 50% cash, local brokers say. While there are commercial areas on First and Second avenues, the most exclusive areas—at the neighborhood's most-eastern end—are completely residential, without restaurants or storefronts. Residents have included Marilyn Monroe a...

New single-family home sales rose in November but to a lower- than- expected rate , a government report showed on Thursday, highlighting the weakness in the housing market even as the broader economic recovery gains momentum.   The Commerce Department said sales increased 5.5 percent to a seasonally adjusted 290,000 unit annual rate after a downwardly revised 275,000 unit pace in October.   Analysts polled by Reuters had forecast new home sales rising to a 300,000 unit pace in November from a previously reported 283,000 unit rate. Compared to November last year, sales were down 21.2 percent.   Housing remains mired in weakness against the backdrop of a 9.8 percent unemployment rate and high foreclosures. Data on Wednesday showed sales of previously owned homes rose last month but remained at depressed levels.   At November's home sales pace, the supply of new homes on the market fell to 8.2 months' worth from 8.8 months' worth in October. There were...

Ringo Starr and his wife, Barbara, are asking $4.5 million for their three-bedroom vacation home near Aspen, Colorado. The 70-year-old Beatles drummer, who continues to tour with his All Starr Band, bought the home in 1990. The wood cabin sits on about 16 flat acres in Woody Creek and has frontage on Roaring Fork River. The roughly 3,200-square-foot cabin was built in 1987 and is surrounded by unused horse paddocks. Full Article Luxury Homes Bedford Luxury Homes

You plan to build your dream home. You've pored through home plan books, picked out the perfect design, found a beautiful lot in a great neighborhood and worked out a deal with a well-regarded builder. After years of rental apartments and settling for less, you've earned this home. You've promised yourself some of the amenities you've always wanted and, not surprisingly, a few well-placed fireplaces top that list. Your new home will include a fireplace in the family room so that, after a day of sledding, the kids can warm chilled fingers and toes and hang soggy mittens and mufflers up to dry. A second fireplace in the living room adds an elegant touch to formal gatherings, and in the master suite, yet another fireplace serves as a romantic backdrop. Perhaps even more important than adding some old-time charm and comfort to your new home, a fireplace also answers that nagging question, "Where will we hang the Christmas stockings?" Before you settle d...

Barring unlikely last-minute changes, Bedford property taxes will climb 2½ percent next year despite across-the-board cuts in the town's discretionary spending. At a public hearing Tuesday, the town board formally unveiled its tentative 2011 budget, which calls for $25.1 million in spending, largely financed by a property-tax rate of $29.38 and higher fees for town services. The budget presented Tuesday night would automatically take effect Jan. 1 if the town board does not act on it by Dec. 20. It cuts all departments' spending, as it has for the past three years. In 2011, however, the departmental funding reductions, averaging about 10 percent, will extend to the town's three libraries, which had been spared in the earlier economies. Saying he spoke for all the libraries, Ed Baum, president of the Katonah Village Library board of trustees, told the board, "We are living in an atmosphere of great uncertainty." Besides Baum, only Fiona Mitchell of Bedford ...

Home-mortgage rates climbed this week, with the average rate on the 30-year fixed-rate mortgage at its highest since the end of June, according to Freddie Mac's weekly survey of conforming mortgages, released on Thursday. Rates on the 30-year mortgage averaged 4.61% for the week ended Dec. 9, up from 4.46% last week. It is the fourth week in a row that the mortgage rate rose; it averaged 4.81% a year ago. "Interest rates for 30-year fixed mortgages are now almost a half percentage point higher than the record low set in mid-October, which for a $200,000 conventional loan amounts to $50 more in monthly payments," said Frank Nothaft , chief economist, Freddie Mac, in a news release. Fifteen-year fixed-rate mortgages also rose this week, averaging 3.96%, up from last week's 3.81%, according to the survey. The mortgage averaged 4.32% a year ago. Meanwhile, adjustable-rate mortgages also moved higher, with the five-year Treasury-indexed hybrid adjustable-rate mortg...