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Showing posts with the label South Salem Luxury Homes

Beauty and Functionality in an American Foursquare | South Salem Real Estate

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Life was different when this traditional foursquare home near Boston was built in the early 1900s. Back then, rooms were separate and had clear assignments: The kitchen was for cooking, the dining room was for eating and so on. In those days, windows let in cold air during the winter, so they tended to be smaller and less embracing of a view.  This home had been remodeled over the years, and each refresh had added details that were not age- or architecturally appropriate and took the home away from the plain-spoken look of an American  foursquare . The new owners wanted to bring back some of the original details (or what could have been original) and add modern touches, so they hired Robert S. MacNeille, design principal and president of Carpenter & MacNeille. Carpenter & MacNeille Photos by  Michael J. Lee Houzz at a Glance Who lives here:  A couple Location:  A coastal community north of Boston Size:  2,900 square feet (269.4 squ...

Case Shiller: Maybe They Just Don’t Like December | South Salem Real Estate

Which of the following statements were made today by Standard & Poor’s David Blitzer about the December Case Shiller price indices? “Gains are slowing from month-to-month and the strongest part of the recovery in home values may be over. Year-over-year values for the two monthly Composites weakened and the quarterly National Index barely improved. The seasonally adjusted data also exhibit some softness and loss of momentum.” “The housing recovery is faltering. While prices and sales of existing homes are close to normal, construction and new home sales remain weak. Before the current business cycle, any time housing starts were at their current level of about one million at annual rates, the economy was in a recession” Actually, both of them were.  Can you guess which quote was an analysis of December 2013 and which was an analysis of December 2014? The first was 2013.  Despite Blitzer’s warnings, Case Shiller indices went on to record annual gain ranging from 4.3...

Not all millennials are created equal | South Salem Real Estate

Millennials are being dissected more intensely than a frog in a high school biology class. The reasons behind why they move, where they move to and what is stopping them from moving is analyzed, picked through and then reported on to the industry to help cater to what they want. But as one of two millennials in our editorial department — the other being Ben Lane — it's clear that our lives are drastically different. As Ben's recent blog on the topic stated: It’s the group that everyone can’t seem to stop talking about. Millennials this. Millennials that. Millennials have taken over. And the worst offender of all seems to be CNBC. First and foremost, all millennials are not alike, no matter how many times CNBC tells me they are. Look, I understand why millennials are important and why they get talked about. Heck, I’m a millennial myself, although just barely…on the upper end of the scale, I should say. And we are not the only two in the industry who don’t fit into the...

Homebuyers discouraged by rising prices | South Salem Real Estate

Homebuyers held off purchasing homes in June due to rising home prices, Credit Suisse reported in their monthly traffic survey of real estate agents. "Comments from agents in June suggest that buyers are growing increasingly discouraged by economic and employment conditions, and as a result, have made the decision to hold-off on purchases—particularly at current prices," the company reported. Out of the 40 markets surveyed, 32 saw lower than expected traffic, five were in line with expectations and three saw better than expected traffic. Those numbers were all a decline from May, when only 28 were below expectations and five saw better than expected traffic. The only three markets that saw better than expected traffic last month were Columbus, Ohio, Ft. Myers, Florida, and Dallas. Some of the weakest markets were San Diego, New York/Northern New Jersey and Phoenix, which all saw Buyer Traffic Index levels below 30 (50 is neutral, where the traffic met expectations)...

Fixed Mortgage Rates Largely Flat | South Salem Real Estate

Freddie Mac ( OTCQB : FMCC ) today released the results of its Primary Mortgage Market Survey® (PMMS ® ), showing average fixed mortgage rates largely flat compared to the previous week amid light economic reports. News Facts 30-year fixed-rate mortgage (FRM) averaged 4.14 percent with an average 0.5 point for the week ending June 5, 2014 , up from last week when it averaged 4.12 percent. A year ago at this time, the 30-year FRM averaged 3.91 percent. 15-year FRM this week averaged 3.23 percent with an average 0.5 point, up from last week when it averaged 3.21 percent. A year ago at this time, the 15-year FRM averaged 3.03 percent. 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.93 percent this week with an average 0.4 point, down from last week when it averaged 2.96 percent. A year ago, the 5-year ARM averaged 2.74 percent. 1-year Treasury-indexed ARM averaged 2.40 percent this week with an average 0.4 point, down from last week when it averaged...

Repos Increase as Banks Clean House | South Salem Real Estate

Despite a decrease in overall foreclosure activity, bank repossessions in April increased 4 percent from the previous month, although they were still down 14 percent from a year ago. There were a total of 30,056 bank repossessions nationwide in April. Bank repossessions increased from the previous month in 26 states and were up from a year ago in 16 states, including New York (142 percent increase), Oregon (91 percent increase), New Jersey (58 percent increase), Illinois (55 percent increase), Indiana (52 percent increase), Maryland (45 percent increase), Connecticut (44 percent increase), California (27 percent increase), and Nevada (15 percent increase). “The rise in bank repossessions in many states is a sign that those markets are working through the final remnants of foreclosures left over from the recent housing crisis,” said Daren Blomquist, vice president at RealtyTrac. “Many of these bank-owned homes are bottom-of-the-barrel properties in terms of location or condition, ...

Breezy Elegance in Sagaponack for $7.65M | South Salem Real Estate

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409 Bridge Lane, Sagaponack 24 images <div class="gallery loaded"><a href="http://hamptons.curbed.com/archives/2014/05/09/breezy_elegance_in_sagaponack_for_765m.php"><img src="http://cdn.cstatic.net/images/gridfs/536cd144f92ea12cc0025521/34864.jpg" width="500" height="334"></a><br /><a href="http://hamptons.curbed.com/archives/2014/05/09/breezy_elegance_in_sagaponack_for_765m.php" style="font-size: 9px; text-align: center;">Click here to view the full photogallery.</a></div> We're crazy in love with the subtle charm of this property. The exterior is all classic summer house , with awnings, a dining pergola, apple trees, hedges, a heated saltwater pool and even a vintage shed. Inside, it's all understated elegance, from the beamed ceilings, to the planked doors, to the vintage bathroom fixtures. The kitchen is perfection , with pro appliances, more vinta...

Pending Home Sales at 30-Month Low | South Salem Homes

Pending Home Sales at 30-Month Low | South Salem Homes | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor

Flipping Moves on Up as Profits Rise 19 Percent | South Salem Real Estate

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Flipping Moves on Up as Profits Rise 19 Percent | South Salem Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor

Home prices are rising, and so are mortgage rates | South Salem NY Homes

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New Jersey equestrian estate’s $35M ask is priciest in state | South Salem Real Estate

An 127-acre equestrian estate in Colts Neck, N.J. , has hit the market for $35 million – the priciest listing for a single-family home in the state at the moment, according to a spokesperson for brokerage Coldwell Banker. The four-story home’s seller is its developer, Morris Flancbaum of Colts Neck Associates, who currently lives in the Monmouth County home. Coldwell Banker Previews International’s Pamela Molloy is exclusively marketing the 20,000-square-foot house, located at 7 Yearling Path. The nine-bedroom, 10-bathroom house also features a 22,000-square-foot patio space and a 18,000-square-foot parking area. Not to speak of a six-acre stream-fed lake, gym, theater and an elevator with a chandelier in it, a release said.       http://therealdeal.com/blog/2013/12/05/new-jersey-equestrian-estates-35m-ask-is-priciest-in-state/

Industry Analysts Reveal Results Of Costa Rica Real Estate Report For 2013 | South Salem Real Estate

In an unpublished inside report this week, a leading real estate firm in Costa Rica has revealed statistical data for the 2013 real estate season boasting positive projections leading in to 2014. Costa Rica Real Estate dot COM (CRREC) has established themselves as the authority in providing reliable market analysis within the real estate sector of this Latin American nation of just over 4.7 million. Once labeled the hottest real estate market on the planet by MSNBC - the fact is, there remains plenty of opportunity throughout the full spectrum of this thriving sector. Fast emerging sub-markets are the beach locations. Areas around Costa Rica's northern province of Guanacaste and down south along what is often referred to as the Southern Zone, are both witnessing influxes of foreign investment. The Dominical real estate market is a developing area of the country where the lush landscape cascades to the coast and makes for some spectacular vistas across the blue waters...

Give an accent wall appealing warmth and depth with wood | South Salem Homes

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I know the reputation we Southern Californians have when it comes to cold weather. Our idea of chilly is laughable to most people from the U.S. Midwest and other regions of the world where it gets truly cold in winter. I'm gonna say it anyway, though: It's getting chilly. Fall is really my favorite time of year, with its turning leaves and temperatures in the 60s. For me the colder temperatures inspire gravitating toward warm woods and textures. They also make me want to eat soup every day, but that's another ideabook. So back to wood. A wood accent wall is one of those versatile details that looks good just about anywhere, and as the temperatures dip, I find myself loving the look of wood in every color and shape. The impact is strong, and layers of texture and warmth can bring a rustic sophistication to traditional or modern spaces. Possible applications are numerous — no space is off-limits. So grab a blanket and a cup of soup and take a look at these warmth-inducing woo...

August Values Rose in Fewer Local Markets | South Salem NY Homes

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Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » August Values Rose in Fewer Local Markets | South Salem NY Homes

South Salem NY Weekly Real Estate Report | #RobReportBlog

South Salem NY Weekly Real Estate Report 11/5/2013 Homes for sale 75 Median Ask Price $699,000.00 Low Price $205,000.00 High Price $12,200,000.00 Average Size 3029 Average Price/foot $338.00 Average DOM 178 Average Ask Price $1,078,984.00

Chicago Real Estate Market on the Rise | South Salem Real Estate

Chicago home sales have increased 25% from August 2012 to August 2013. This number according to a report on realtytrac.com gives an important reflection on how far the Chicago real estate market has improved. Peoples Home Equity , a lender based in the Chicago suburb of Oakbrook Terrance, highlights the improving areas in an around the city based on the report to gives its prospective mortgage applicants perspective. The intriguing data that The Peoples Home Equity found begins with the suburban town of Brookfield. Brookfield has experienced a 190% rise in year over year home sales since August 2012. With such a high increase of home sales in the area, the competition has been fierce causing the median home price of 193,000 in Brookfield actually declined by 3.5% since August 2012. With the number of home sales in this area, homebuyers may want to investigate opportunity of buying a foreclosed home which has a median home price of $124,000. Meanwhile, another subu...

Why Home Sales Fell Last Month | South Salem NY Real Estate

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Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Why Home Sales Fell Last Month | South Salem NY Real Estate

7 Content Marketing Tips: Your Audience Attention Cheat Sheet | South Salem NY Realtor

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Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » 7 Content Marketing Tips: Your Audience Attention Cheat Sheet | South Salem NY Realtor

Mortgage refinance activity picks back up | South Salem NY Real Estate

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Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Mortgage refinance activity picks back up | South Salem NY Real Estate

Completed foreclosures fall 34% | South Salem NY Real Estate

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Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Completed foreclosures fall 34% | South Salem NY Real Estate