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Showing posts with the label Douglas Elliman Westchester

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

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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: Bedford New York Real Estate | Bedford NY Homes by Robert Pau...

Highlights of the Elliman.com Westchester NY sales report

Westchester & Putnam Market Highlights WESTCHESTER Overview - Housing prices remain stable - Sales up sharply as many anticipated higher taxes relating to the Fiscal Cliff in 2013. - Listing inventory continued to fall.  Higher sales and tight credit ARE keeping inventory low. - Days on market edged higher as older inventory continued to be absorbed. - Luxury prices continued to outpace the overall market. Key Trend Metrics (compared to same year ago period) - Average sales price increased 11.5% to $585,232. - Number of sales increased 26.3% to 1,762. - Listing inventory fell 13.2% to 4,759 units. - Days on market was 201 days, up 3.6% - Listing discount was 12%, down from 12.8%. - Monthly absorption rate was 8.1 months, down from 11.8 months. By Property Type Single Family Market - Median sales price was $545,000, up 3.8%. - Number of sales increased 31.1% to 1,042. 2-4 Family Market - Median sales price was $359,125, up 4.2%. - Numbe...

Elliman reports on 4th Qtr. Manhattan / Brooklyn rental markets

' Although rental prices continue to rise, we are seeing the pace begin to slow as record low mortgage rates pull more consumers from the rental market into the purchase market.  Rents in the luxury rental market continued to outpace the overall market and the number of new rentals continued to rise.  Listing inventory is low and the vacancy rate is still falling.  We anticipate rents to remain high throughout the year as tight mortgage underwriting and an improving regional economy will keep the pressure on.' elliman.com via trulia.com

Lewisboro Calender For January 29th | Lewisboro NY Homes

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SATURDAY, JAN. 29 Target Picture Story Saturday, 10:30 to 11:30,  Katonah Museum of Art, 134 Jay St., Katonah. Children of all ages and family members are invited to listen to stories followed by a hands-on art activity with local pediatrician Dr. Kathy Purvis. 232-9555. Katonahmuseum.org. Winter Wolves, 11 a.m., Wolf Conservation Center, 7 Buck Run, South Salem. Visit Ambassador wolves Kaila and Atka and learn about the mythology, biology and ecology of wolves in North America. Also a visit with the critically endangered red wolves and Mexican gray wolves. Best program for first time visitors. Enjoy hot beverages. Dress for cold weather. Space limited. $15/adults; $12/children under 12. Pre-registration required. 763-2373. NYWolf.org. SUNDAY, JAN. 30 BAS Excursion to Pelham Bay Park, Bronx, 8-noon, Carpool from Bylane Farm, 35 Todd Rd., Katonah. Join Adam Zorn and Birder Peter Becker at Pelham Bay Park which features an impressive number of waterfowl, landbirds, monk parakeets ...

Selling Your Bedford NY Home in Winter | Bedford NY Real Estate

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Winter presents its own unique set of challenges. It is not the ideal time to put your home on the market if you live where it gets cold and rains or snows, primarily because your home won't show as well. However, there are steps you can take to brighten your home and make the showing pleasant and enjoyable for your buyers. 1) Clear a Path •Continually shovel a path through the snow, especially if it's still falling. •Footprints on freshly fallen snow will turn to ice if the temperature is low enough, so scrape the walk. •Sprinkle a layer of sand over the sidewalk and steps to ensure your buyers' stable footing. •Remember to open a path from the street to the sidewalk so visitors aren't forced to crawl over snowdrifts. •If it's raining, put a rubber mat by the front door or a container to hold wet umbrellas. 2) Let in the Light •Pull up the blinds, open the shutters, push back the drapes on every window. ...

Chappaqua NY Year End Real Estate Report | RobReportBlog

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  In 2010 there were 90 sales in the Chappaqua real estate market. In 2009 there were 89 sales. The market has been flat. The median price of a sold 2010 Chappaqua NY Home was $913,500. In 2009 it was $870,000. A 5% increase.   2010 Chappaqua Sales statistics. 90 homes sold 3093 ave. square feet $2,290,000 high price $288,000 low price $913,500 median price $323 ave. price per foot 166 ave. days on market 94.75% sold price to ask       2009 Chappaqua Sales statistics 89 homes sold 3189 ave. square feet $3,000,000 high price $380,000 low price $870,000 median price $324 ave. price per foot 182 ave. days on market 93.59% sold price to ask   Chappaqua Real Estate Chappaqua Luxury Homes  

Town of Bedford NY Needs to Cut Its Budget | Bedford NY Real Estate

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Bedford’s finances, which so dominated town officials’ attention in 2010, remained a preoccupation Tuesday, with even nickel-and-dime contract renewals getting the scrutiny once reserved for megadollar expenditures. In the end, virtually all of the contracts—routine renewals of such services as computer maintenance, animal control and visiting nurses—were approved. But the town board had served clear notice that at least for the foreseeable future business will be anything but usual. Indeed, even assents came amid grumbling that some service providers do not fully grasp the severity of Bedford’s fiscal squeeze and could find their contracts being "shopped around," as Deputy Mayor Peter Chryssos put it—more than once. Everyone doing business with the town had been asked to “do better” in their 2011 rates, much as town departments were required cut back this year’s funding requests. Disappointed in some of what they found, town ...

Schools in Bedford | Mount Kisco Elementary School | Mt Kisco Real Estate

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  Mount Kisco Elementary School   << Bedford Central School District School Overview   Address 47 W Hyatt Ave Mount Kisco, NY 10549 (914) 666-2677 School Website View map Profile Grades: K - 5 School Type: Public Student Enrollment: 500 Students Per Teacher: 10 Parent Reviews (11 reviews) 11 Parent Reviews for Mount Kisco Elementary School   Info MKES is the best kept secret in Westchester County. Excellent leadership and talented teachers create an environment where all children can reach their fullest potential. ... Read more Read less Posted by a parent on 10/08/09 Our school is great example of how a student body can embrace its diversity and make it its greatest strength! ... Read more Read less Posted by a parent on 10/08/09 We have an incredible staff at MKES. The Principal and teachers are committed to giving our kids the best education. My kids love going to school every day. They are g...

Mortgage Rates Have Hit Bottom in Lewisboro NY | Lewisboro NY Real Estate

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MORTGAGE rates in 2010 were the lowest in six decades, but a recent and sustained increase may indicate that consumers can expect to pay more in the new year to buy or refinance a home. After hitting rock bottom in mid-November, fixed rates for 30-year mortgages, the most common type of home loan , have steadily risen. With this year’s historically low rates, “there is a good chance that we have peaked, give or take a few basis points,” said HSH Associates , an independent publisher of mortgage and consumer loan information, in its most recent trends forecast. (One basis point is 0.01 percent.) According to Christopher J. Mayer, a senior vice dean and a professor of real estate, finance and economics at the Columbia University Business School, “The window of low rates could have left us.” By Dec. 16, rates for a 30-year fixed loan rose for the fifth consecutive week, to 4.83 percent, up from 4.17 percent on Nov. 11, according to Freddie Mac , the g...

Notable Bedford NY Residents | Bedford NY Real Estate

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  Joseph Abboud , fashion designers Bea Arthur , actress, comedian and singer [ 6 ] Billy Baldwin , actor [ 7 ] Gertrude Berg , actress and writer Chevy Chase , comedian, writer, and television and film actor; owns a home in Bedford [ 8 ] J. B. Gunn , physicist, lived on Guard Hill Rd. in Bedford, but with a Mt. Kisco mailing address. [ 9 ] Kate Mara , actress [ 10 ] Rooney Mara , actress [ 11 ] Chazz Palminteri , actor and writer [ 7 ] Ralph Lauren , fashion designer Rocco Lamura , lawyer owner of Tosolini & Lamura LLP Lasse Hallström , director Lena Olin , actress Paul Shaffer , Musician Ted Sorel , actor who resided in the hamlet of Katonah, New York [ 12 ] Claudio Reyna , Professional Soccer Player Martha Stewart , TV show host Mark Jeffers , Former Movie Producer Felicity Huffman , actress and recently Michael Douglas   Bedford Real Estate NY

Jobs Up In December | RobReportBlog | Bedford Real Estate

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  December jobs report: Unemployment falls to 9.4% NEW YORK (CNNMoney) -- The U.S. economy added 103,000 jobs in December, and the unemployment rate unexpectedly fell to 9.4% -- its lowest level since May 2009, the Labor Department reported Friday. Businesses were hiring, adding 113,000 jobs to payrolls in the month. But the government continued to shed staff, cutting 10,000 workers from payrolls.   Full Story Bedford Real Estate

Governor Cuomo's NYS Real Estate Tax Facts | Bedford NY Real Estate

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  Governor Cuomo promises to CAP real estate taxes because he believes they are too high.   Governor Cuomo's NYS Real Estate Tax Facts:   (  http://tinyurl.com/2ed83fo   ) 1.     Property tax levies in New York grew by 73% from 1998-2008, more than twice the rate of inflation during that period.   2.     New York has 2nd highest combined state and local taxes in the nation and the highest local taxes in America as a percentage of personal income, 79% above the national avarage.   3.     The median property taxes paid by New Yorkers are 96% above the national median.   4.     When measured in absolute dollars paid Westchester (1st), Nassau (2nd), and Rockland (5th) counties are among the 5 highest taxed in the nation.   5.     When property taxes are measuredd as a percentage of home values over a 3 year period, t...

New Agency Disclosure in Pound Ridge NY | Pound Ridge Real Estate

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A New Broker Disclosure Law in New York  _  Pound Ridge Real Estate   AS if the process of shopping for an apartment weren’t fraught enough, potential buyers and renters will have to deal with another wrinkle this year, when a new real estate broker-disclosure law goes into effect in New York. The law requires a real estate agent to have clients sign a form stating that they understand whom the agent represents and to whom the agent will give “undivided loyalty,” as soon as they enter into a relationship. Brokers are interpreting that to mean that the form does not have to be produced for everyone who walks into an open house, but rather as soon as someone starts asking substantive questions about a property, and certainly when someone asks for an appointment to see it a second time. Given that many apartment hunters are reluctant even to put their names on a sign-in sheet at an open house, agents do not want to have to present them wit...

4 Steps In Your Katonah NY Shortsale Approved | Katonah NY Real Estate

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You can save a few hundred a month by buying discount items on Ebay or Amazon and by searching for the hottest deals. Saving a few hundred bucks a month is a ton over a year and its effects are even greater over 10 years. But what if that’s not enough? What if you need to somehow impossibly cut back your expenses like $1000-$1500 because you lost your job or your savings have depleted? The mortgage payment is America’s single highest expense. Honoring your word is sacred. You signed on the dotted line and said you would pay your debts. Abraham Lincoln spent 17 years paying off debt he borrowed to start a business in 1833. The virtues of repaying debt and honoring your commitments are self-evident. However, at some point you have to acknowledge when the snowball gets irreversibly big and you have to make a decision between food and the mortgage. Most people choose the former. I do not advocate walking away from your mortgage for the sake of it, but if you can only ...