Category Archives: Bedford

1896 Victorian Home Gets a Contemporary Lift | Bedford Real Estate

 

“With two children and the two of us working from home, our house is always buzzing with energy,” says interior designer Kristen Peña. “People are coming and going, and we love that. We love nothing more than having a bunch of kids laughing and playing around us while we work or relax.“ That is why it was important for Kristen and her husband, Luis, a director, to find a home in which they could raise a family and carve out a studio space dedicated to their work. After waiting patiently for five years, they found their dream house in their dream city — a 118-year-old Victorian in San Francisco’s Noe Valley neighborhood.

The house needed a heavy renovation, including adding a new foundation and removing an inefficient sunroom that wrapped around the back of the house. Construction began in 2006, when Kristen was pregnant with the couple’s second child. The couple worked with CCS Architecture to convert the two-bedroom, one-bathroom, single-story residence — with the master bed and bath off the kitchen — into a three-level home with four bedrooms and four bathrooms. They kept the home’s original character but added modern elements.

Town of Bedford News | Bedford Real Estate

 

December 19, 2014

Merry Christmas to all of those who celebrate in the Town of Bedford

Merry Christmas!  Christmas celebrates the birth of Christ, an event that shaped the Christian faith. For many, Christmas involves gifts under the tree, stockings hanging in the living room, lights in the window, time spent with family and friends, and, for good boys and girls, a visit from Santa Claus.  To all in Bedford who celebrate, we wish you peace and good will this Christmas.

Reminder ~~ Town Offices will be closed December 25 and 26 in Observance of the Christmas holiday

DID YOU KNOW?

That you can see our Work Sessions and Town Board meetings past and live on the day/time of the meeting on our webcasts by  clicking here

For the 2015 Adopted Budget – adopted at the December 2, 2014 Town Board meeting – click here

‘Tis the Season for Recycling! 
Don’t forget, you can recycle more materials ALL TOGETHER NOW this Holiday Season! Including stickers and address label sheets, corrugated cardboard, wrapping paper & rolls, greeting cards, tissue paper, catalogs… and much more!
Stop Wasting Energy Dollars – This Winter! 135 Bedford homeowners are already more comfortable and saving! Warm up with the Town of Bedford’s Energize Bedford program. Sign up for a home energy assessment at EnergizeNY.org ! For the flyer  click here.


Community Events: 
 Click here for the Community Calendar events page for Friday, December 19 through  December 27, 2014. Please let us know of any events by emailing Supervisor Chris Burdick at Supervisor@BedfordNY.gov  Thank you!

 

School Tax Reminder

Second half of school taxes are due by February 2, 2015 without penalty.  Click here for more information.

 

For December and January meetings, click here

A Big Mortgage Change Happened This Weekend: Should You Care? | Bedford Real Estate

 

Saving up to buy a home might not be as much of a challenge as it used to be, now that the Federal Housing Finance Agency (FHFA) will allow some first-time homebuyers to make down payments of as little as 3%.

The change went into effect Saturday with the goal of making homeownership more accessible to Americans than it has been in a tight post-recession mortgage market. These low-down-payment loansapply to 30-year, fixed-rate mortgages guaranteed by Fannie Mae and Freddie Mac. (The FHFA regulates Fannie and Freddie, which guarantee the majority of U.S. mortgages.)

What does this mean for you? Well, if you want to buy a home but don’t have a ton of cash on hand for a down payment and closing costs, you might be able to qualify for an affordable home loan. Keep in mind lenders will require you to pay private mortgage insurance (PMI) if you pay less than 20% upfront, a cost homebuyers often overlook when determining how much they can pay — you can figure out how much house you can afford using this free calculator and watch how your monthly payments change with different down payments.

Even with a low-down-payment mortgage, you can find ways to make the monthly payments more affordable. One of the first things you’ll want to look at before applying for a home loan is your credit score. Your credit standing not only affects the mortgage rate you qualify for, it also impacts how much you must pay in PMI. You can also get rid of PMI after you’ve built a certain amount of equity in your home, among other requirements, but it’s on you to go through the process of removing PMI from your loan.

With the new directive from the FHFA, buying your first home may be more attainable, but the decision requires just as much careful thought as it would if you needed to put down 20% of the home’s value to get a mortgage. Consider the overall impact on your life of buying a home, and make sure your credit is in good shape before applying for a mortgage. You’re entitled to free annual credit reports from each of the major credit reporting agencies, and you can get two of your credit scores for free every 30 days on Credit.com.

 

read more…

 

http://finance.yahoo.com/news/big-mortgage-change-happened-weekend-120039626.html

Mortgage rates average 3.93% | Bedford Real Estate

 

Mortgage Rates Inch Up Slightly

 Freedie today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates slightly up from the last week, but with the average 30-year fixed-rate mortgage remaining below four percent.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 3.93 percent with an average 0.5 point for the week ending December 11, 2014, up from last week when it averaged 3.89 percent. A year ago at this time, the 30-year FRM averaged 4.42 percent.
  • 15-year FRM this week averaged 3.20 percent with an average 0.5 point, up from last week when it averaged 3.10 percent. A year ago at this time, the 15-year FRM averaged 3.43 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.98 percent this week with an average 0.5 point, up from last week when it averaged 2.94 percent. A year ago, the 5-year ARM averaged 2.94 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 2.41 percent. At this time last year, the 1-year ARM averaged 2.51 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for theRegional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Quotes
Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

“Fixed mortgage rates rebounded this week with the 30-year fixed mortgage rate increasing to 3.93 percent after declining for four weeks in a row. The rate rise comes on the heels of an uplifting jobs report showing nonfarm payrolls adding 321,000 new jobs in November — 91,000 more jobs than expected. The unemployment rate remained unchanged at 5.8 percent.”

Town of Bedford Recreation News | Bedford Real Estate

 

Town of Bedford Recreation News
Upcoming December Events & Programs

BREAKFAST WITH FROSTY 
Saturday December 13
8:30 – Breakfast and visit with Frosty 
9:00 – Entertainment – Mario the Magician

For Ages 1 – 8 with Adult 
$6.00 per person preregistered 
$10.00 at the door if space is available 
 
Click here for the registration form

 THUNDER RIDGE SKI/SNOWBOARD PROGRAM
Got snow? Have you always wanted to learn how to ski or snowboard? Here’s your chance to get off the bunny slopes and traverse down those hills! Bedford Recreation in cooperation with Thunder Ridge Ski area is offering ski lessons (gr. 1 and up) and snowboard lessons (gr. 3 and up)
Click here for more information and registration form.

BUILD A GINGERBREAD HOUSE 
Construct your own Gingerbread House and decorate it too!
This is a fun creative program for grades 2 – 6
Sat. December 13
12:30 – 2:30
Bedford Hills Community House 
$25.00 (includes lunch)
Click here for registration form

 

WINTER PROGRAMS  
DON’T MISS OUT
NOW ENROLLING
PRESCHOOL PROGRAMS – Creative Movement, Learn Build Play with Duplo Bricks, Mommy and Me Music, Cooking with Little Hands, Tiny Dragons, Crazy About Crafts, Preschool Yoga, Kiddy Korner Jamboree

 
SCHOOL AGED CLASSES – Ukulele Lessons, LEGO Building, Hook Rug, Cooking Creations, Creative Crafting, Babysitting Training Course, Girls Volleyball, Marital Arts, Ski & Snowboard Lessons

 

SPECIAL EVENTS FOR SCHOOL AGED KIDS – Yoga and Sing Along, American Girl Doll Fun, Challenge Game Night, Kids Night Out, and Kids BINGO

 

ADULT PROGRAMMING – Mah Jongg, Happy New You, Skinny Buddha Organic Cooking

 

ADULT FITNESS PROGRAMS – Aerobics, Insanity, Zumba, Yoga, Lunchtime Workout, Indoor Cycle, Pilates, Melt Strength

 

PLATFROM TENNIS LESSONS – offered in Katonah and Bedford Village Parks

 

Make sure you find the perfect program for you.  For more information please visit our Recreation Brochure here.

 

IT”S HERE
The 2015 Winter Brochure is now available on-line!
Click here to view the Winter Brochure

ICE SKATING 
@ HARVEY SCHOOL 
Bring your skates and take a few laps around the rink!
Friday December 26 
12:45 – 2:45 PM
$5.00 per person 

OUTDOOR ICE SKATING 
Ice skating will be available at the Bedford Hills Memorial Park, Lake Marie and Cherry Ridge Lake on Lakeside Drive in Katonah. Weather and conditions permitting. Appropriate signage will be posted at each site indicating whether the lakes are safe for skating.
 

SANTA’A MAILBOX 
“SANTA’S REINDEER EXPRESS”

will be arriving at the Recreation Department after Thanksgiving to accept letters to Santa.
Please make sure all letters include child’s name, age and return address.
For grades K- 3
Letters must be in to the office by Dec. 12.
Contact Us
Town of Bedford
Recreation and Parks Department
914-666-7004 (office)
914-864-3777 (hotline)
We respect your right to privacy. The Town of Bedford will not contact any person who submits an email address for any purpose other than the original intended communication. E-mail addresses will not be disclosed to a third party, unless required by law.

Picking a real estate agent | Bedford Real Estate

The proliferation of online real estate information makes it easier than ever to be an informed consumer when buying or selling a home. Yet the digital revolution has done little to lessen the importance of choosing the right real estate agent to work with you.

The right agent can help you buy your dream house or sell your existing home quickly. The wrong agent can botch the transaction, leaving you with egg on your face and nowhere to call home.

Despite the high stakes, many buyers and sellers give little thought to choosing an agent, whether they’re buying or selling.

It takes a lot of commitment and a great deal of energy to keep up with the offerings from Innisfil real estate agents, but they do have a wealth of offerings. A few areas they really love to serve are Fordsbridge, Orpington, Cambridge, Oakbury, Belmont, Fairfield Village, North Cambridge, Sudbury, West Springfield, and more. So if you need a little bit of proof that there’s life after real estate, check out the many offerings from Innisfil and see what they can offer you! You won’t be disappointed.

“They get dazzled by these great listing presentations,” says Michael Soon Lee, regional manager of Better Homes and Gardens Mason-McDuffie Real Estate in Walnut Creek, California, who likens the relationship to dating. “It’s a longtime, intimate, trusting relationship. If it doesn’t start out feeling good at the beginning, it’s probably not going to get any better.”

Get recommendations from friends and relatives, and see which agents are buying and selling the most homes in your neighborhood. Read online reviews, but realize they don’t tell the whole story, since most clients, satisfied or dissatisfied, don’t write reviews. Interview three or four real estate agents to find the one who is the best fit for you.

[ Ready to shop for a home loan? Click to compare interest rates from lenders now.]

Most real estate agents are independent contractors who are paid a commission based on the number of homes they sell. The commission, paid from the sales proceeds, is usually split equally between the listing agent and the selling agent. Once the deal is closed, each of those agents usually has to pay a share to the broker who owns the office where he or she is affiliated.

Don’t be afraid to ask questions about how many listings the real estate agent has, how many homes she has sold in your area, how often she will communicate with you — and in what format — and who she will represent in the transaction.

If you’re a seller, ask how the agent will market your home, who the target buyer is and how he will get your home in front of those preferred buyers.

If you’re a buyer, ask how often the agent will send you listings and whether he has worked with other buyers in your situation. A transaction involving a Federal Housing Association or VA loan, for example, includes some steps that aren’t required for a conventional loan. Some buyers may want to sign a buyer-broker agreement, agreeing to pay a share of the commission if the agent shows them homes where the seller won’t pay a commission, such as for-sale-by-owner houses or new construction properties.

read more…

https://homes.yahoo.com/news/9-red-flags-to-watch-for-when-picking-a-real-estate-agent-003857033.html

Big money pushes Jackson’s real estate market | Bedford Real Estate

People with a lot of money have continued to push the Jackson Hole real estate market in 2014 and in the third quarter, no matter what happened in any other segment of the market.

The people at the NeVille Group — associated with Jackson Hole Real Estate Associates and Christie’s International Real Estate — shared their recent stats and noted that the Hole “is synonymous with luxury and is an international marketplace for luxury real estate.”

There were 26 sales above $3 million during the third quarter, according to NeVille Group’s figures, and the average price in the sector was actually well beyond that, hitting an average of $5.7 million.

The number of transactions was up 18 percent over the same period last year, and the total dollar value of the sales was about $160 million, up 11 percent over the same period in 2013.

Other people recorded some of the same trends.

David Viehman of Re/Max Obsidan Real Estate wrote in the third-quarter update of his Jackson Hole Report that the upper end is strong, but not without its problems.

On the strength side, during the first nine months of the year, Viehman wrote, 73 deals were done in the $2 million-plus market, and 11 of those were for more than $5 million — impressive, but down by his calculations by 21 percent from the corresponding nine months in 2013.

He noted that while $2 million-plus sales were only 14 percent of all transactions they accounted for 52 percent of total dollar volume.

The third quarter showed, though, a bit more weakness in lower-priced segments — and perhaps the end of the bounce-back caused by short money and big inventory following the 2008 crash.

Viehman put the number of listings down 15 percent in the quarter, and the dollar volume down by 10 percent. That’s after years of fat inventory and, subsequently, a boom in sales when things began to look up.

Add to that decline in listings a fall in total transactions of 11 percent and a drop of 9 percent in the number of properties under contract and you have the explanation for something happening at the same time: Prices continue to rebound.

Average sale prices were up 7 percent, Viehman wrote, and median prices were up 13 percent.

With inventory surpluses of two years ago largely depleted, that’s caused a rise of 39 percent in the median sales price of property under contract.

As David NeVille and his people note, the median sale price of single-family homes in Jackson Hole hit $1.1 million in the past few months, up $300,000 from a year before. At the same time, sales in the under-$500,000 home market, hot a year ago, were down 73 percent since mid-year.

Compared to last year, NeVille said, sales in the $500,000-and-under sector fell from 33 last year to just nine this year. All of which seems to indicate that after the Great Recession and then the recovery of the past two or three years the market is finally looking to settle into a new level.

 

read more…

 

http://www.jhnewsandguide.com/jackson_hole_daily/big-money-pushes-jackson-s-real-estate-market/article_be72ecef-a955-5f58-8393-700516608151.html?mode=print