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Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Abandoned Buildings, Red Tape Mark a Year on Staten Island | Katonah NY Real Estate

Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Mapping the Changes Coming to Harlem’s 125th Street | Katonah Real Estate

Agents with two California multiple listing services — MetroList Services Inc. and i-Tech MLS — will see confidential information about shared listings from the source MLS using a reciprocal deep-linking service powered by realtor.com operator Move Inc.’s “Find” search tool. Agents at those MLSs — and any others in California that agree to sign on to the service — will see an additional layer of detail about shared listings that includes offers of cooperation and compensation, agent contact information, and showing details, Move said. MetroList Services is based in Sacramento, and serves more than 17,000 real estate professionals in seven counties — Sacramento, Placer, El Dorado, San Joaquin, Stanislaus, Merced and Yolo. I-Tech MLS is a joint venture of the Glendale Association of Realtors and the Pasadena-Foothills Association of Realtors. Any MLS in California can participate by contracting with Move for the Find search tool, becoming a party to the reciprocal deep-linking agr...

Of m illennials aged 18 to 34, 64%  express some level of worry that they will have trouble affording their rent or mortgage, according to a survey by  Think Finance . Additionally, the same percentage worry that they will never be able to buy a home, the Fort Worth, Texas-based analytics firm found. The survey was conducted online among 1,021 Americans  by  Harris Interactive,  on behalf of Think Finance.  Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Survey: 64% of millennials worry about buying a home | Katonah Real Estate

Boasting of spending up to $8 billion dollars to buy tens of thousands of foreclosures to convert into single family rentals, nearly 50 Wall Street investment firms set real estate markets on fire over the past 18 months. Now they are running for cover as soaring prices water down their return on investment. The winds have already started to shift in the single-family rental business, according to data from RadarLogic. The composite price per square foot paid by institutional investors in 25 of the largest metropolitan area housing markets increased 14.4 percent year over year in March. Over the same period, asking prices for rents have increased just 2.4 percent, according to Trulia, Inc. As a result, yields on single-family rentals are declining. During the twelve months ending March 2013, purchases of residential real estate by corporations, partnerships and investment trusts in the 25 metropolitan areas included in the RPX Composite increased 41 percent. To put this figure in ...

One Montgomery County Realtor, Jane Fairweather, said homes in her market are selling in an average of 23 days because inventories are way down and demand is strong. The number of listings in Montgomery County were down 41% in April from 2011. In April of 2011, one third of the listings went under contract. In April of this year, 67% went under contract, according to CNBC. Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Homes going as quickly as they did during boom | Katonah Real Estate

Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering. New-home sales rose to a seasonally adjusted annual rate of 454,000 in April, the Commerce Department said Thursday. That was up 2.3% from March and just slightly below January's 458,000. Both January and April had the fastest sales rates since July 2008. The median price of a home sold in April was $271,600, the highest level on government records going back to 1993. The April price was 8.3% higher than in March and 13.1 percent higher than a year ago. Steady job creation and near-record-low mortgage rates are spurring more Americans to buy homes. With the April increase, sales are now 29% higher than a year ago, but sales are still below the 700,000 level considered healthy by economists. New home prices touch record high

The Board of Trustees of the Katonah Museum of Art has announced that a formal search for the Museum’s next Executive Director has begun. The Board has retained worldwide executive search firm Heidrick & Struggles, renowned for the placement of chief executives, board of directors and senior level management assignments in both the corporate and nonprofit sectors. In addition, the Museum will engage input from its local residents. “Our Board is focused on vision and ensuring that our long-standing mission of excellence in art and education is carried out through new programs, initiatives and collaborations — and most significantly, the next phase of executive leadership,” said Board President Rochelle Rosenberg. “This is a very important moment for the Museum.  As we continue to serve the community, we look forward to new leadership, greater opportunities and growth,” she added. Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive »...

Review service Angie’s List  announced today  that it has doubled its customer base over the past 18 months and that the total number of households that pay to use the site surpassed 2 million over the weekend. “Realizing such momentum in membership growth is truly a testament to our commitment to help consumers find the best local service providers,” said Angie Hicks, a co-founder of the company, in a statement. “Our members drive Angie’s List.” Angie’s List, which helps consumers find many types of professionals including  real estate agents ,  appraisers , and  mortgage brokers , topped the 2 million mark on Sunday, and passed the 1 million mark in October of 2011, the company said. “It took us more than 16 years to get to one million paid households but just 18 months to double it,” Hicks said. Angie’s List claims to offer more reliable reviews than other sites by strictly enforcing rules designed to guard against fake ones. Users can post review...

President Barack Obama on Saturday claimed credit for the country’s improved housing market and urged the US Congress to approve a new head of an agency that oversees housing loan agencies. Seven years after the real estate bubble burst, “triggering the worst economic crisis since the Great Depression and costing millions of responsible Americans their jobs and their homes, our housing market is healing,” Obama said in his weekly Saturday radio and online talk with the US people. “Sales are up. Foreclosures are down. Construction is expanding” and prices are slowly rising. he said. Since taking office. “I’ve made it a priority to help responsible homeowners and prevent the kind of recklessness that helped cause this crisis in the first place.” According to Obama, his housing plan has helped more than two million people refinance their mortgages, saving an average of $3000 per year, while his new consumer watchdog agency “is moving forward on protections like a simpler, shorte...

EAGLE COUNTY — The county’s real estate market is something of a mixed bag this year. Total sales are up, but average sale prices are down. But one sector of the market is keeping brokers and mortgage bankers hoping. “If you’re selling a home for $300,000 or less, you’re going to get multiple offers,” Prudential Colorado Properties broker Mallie Kingston said. Kingston said the activity in the lower end of the market is driven by several factors, but the most important is as old as Adam Smith: There’s a lot of demand and not much supply. As a result, prices on the lower end of the for-sale market have started to show more strength, Kingston said. Julie Bergsten, a vice president at Slifer Smith & Frampton Real Estate, said the multiple-offer syndrome may stretch a bit farther up-market. She said she’s seeing homes priced at $500,000 or less attracting a lot of attention, too. Most of the sales in the county have historically been for $500,000 or less, with a few sales o...

AT 10 p.m. Friday, my wife, my dog and I will be  forced to evacuate  our home because the boom of a construction crane atop a luxury condominium tower going up next door might possibly destroy our building. It won’t be the first time: Last October, we had to evacuate for six days after  Hurricane Sandy  left the boom dangling precariously over West 57th Street, a situation that drew headlines worldwide. But this time, we’re being forced out merely because the city government wants to save the developer of the tower money and time. I’m not looking for sympathy. I live near Central Park in a landmark 1909 co-op, Alwyn Court, where apartments sell for as much as $2 million. And the developer of the tower has offered each household $1,500 to pay for hotel rooms for the 22 hours we’ll have to evacuate. But in the world of New York City real estate, money, power and influence are all relative. In the tower next door, known as One57, penthouses have reportedly been sol...

via forbes.com

via next.inman.com

via zillowblog.com

Florida, California, New York, Illinois and New Jersey were home to four out of ten distressed properties in the nation in January, an indication of how far east America’s foreclosure nightmare has moved. CoreLogic reported that the overall shadow inventory is down 28 percent from its peak in January 2010, when it reached 3 million homes. Current residential shadow inventory as of January 2013 was at 2.2 million units, representing a supply of nine months. This figure represents an 18-percent drop from January 2012, when shadow inventory stood at 2.6 million units. “The shadow inventory continued to drop at double the rate in January from prior-year levels. At this point in the recovery, we are seeing healthy reductions across much of the nation,” said Anand Nallathambi, president and CEO of CoreLogic. “As we move forward in 2013, we need to see more progress in Florida, New York, California, Illinois and New Jersey which now account for almost half of...

via housingwire.com

via inman.com

The Commerce Department said on Tuesday that builders broke ground on houses and apartments last month at a seasonally adjusted annual rate of 917,000. That rate was 910,000 in January. February’s pace was the second-fastest since June 2008, behind December’s rate of 982,000. Single-family home construction increased to an annual rate of 618,000, the most in four and half years. Apartment construction also ticked up, to 285,000. The gains are likely to grow even faster in the coming months. Building permits, a sign of future construction, increased 4.6 percent to 946,000. That was also the most since June 2008, just a few months into the recession. The figures for January and December were also revised upward. Housing starts have risen 28 percent over the last 12 months. Separately, a private report showed that the number of Americans with equity in their homes increased last year. That suggested that one of the biggest drags from the housing cr...

Do you remember when you joined Facebook? What was it like when you put in your details and joined the world’s biggest social network? When those friends, family and old college acquaintances came up on your screen and you were invited to connect with them after years and maybe decades of no contact. Many looked the same, others looked a bit older and some I couldn’t recognize. For me it was a bit of a “Wow”moment. Global connection in an instant in full living color. The network touched us, connected us and provided glimpses into lives forgotten but still lived. It allowed us to share photos, videos and stories of our adventures. Some glimpses into others lives are exciting, others intriguing and some just border on the mundane. Engaging with your friends online from your news feed can be done in a variety of ways from placing a comment, sharing the update  or just hitting “like” if we don’t have much time. But we are still working out the ways to play. Does the ...