Category Archives: Cross River NY

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Madison Square Garden offers the Street exclusive real estate investment | Cross River Real Estate

Real estate is one of the hottest investment stories on the Street. That’s because fro the first time in six years, home prices logged an annual gain in 2012, and that momentum has carried into 2013.

But while there is consensus that real estate is rebounding, how to profit is a different story.

The Madison Square Garden Co.  ($59.44 0.02%) is an integrated sports media and entertainment company that provides investors with exposure to a one-of-a-kind real-estate asset: New York City’s Madison Square Garden.

The company is maximizing value and expanding margins with a $1 billion renovation project wrapping up this fall that will enhance fans and performers’ experiences. That includes upgraded seating, more bathrooms, retail space and a wider selection of food. The facility will also receive upgraded lighting, sound and video systems.

 

Madison Square Garden offers the Street exclusive real estate investment | HousingWire.

Troubling Signs In The Housing Market | Cross River Real Estate

The housing market showed signs of recovery in late 2011, beginning with a sharp upturn in housing stocks in October of that year. This was followed by a small upturn in housing starts and home sales starting in early 2012. While Wall Street economists and the media are avidly reporting that a full-fledged housing market recovery is under way, my view has been that what looks like a “recovery/bull market,” is more akin to a “dead cat” bounce and that the bear market in housing has a lot further to go to the downside.

With that in mind, I wanted to discuss some indicators I like to follow that, if they become full-blown fundamental trends, could be signifying the start of the next leg down in housing.

The first sign is housing starts. While the current crop of new and existing home sales reports hitting the tape are still showing some growth, assuming the seasonal adjustments are accurate, housing starts appear to be signaling possible future weakness. Housing starts should reflect a new homebuilder’s expectations of future sales. April’s starts were 853,000, which was 12% below the number expected by Wall Street economists and 16.5% below March’s revised number. When the housing starts for April were released, it was also reported that the March number was revised lower from 1.036 million to 1.021 million. Not as strong as originally reported.

 

Troubling Signs In The Housing Market – Seeking Alpha.

Jobless claims inch down | Cross River NY Real Estate

Jobless claims in the U.S. reversed back down, falling by 23,000 filings for the week ending May 18 and hitting 340,000 total claims.

This slight increase comes after last week’s revised figure of 363,000, according to the Department of Labor

The four-week moving average was 339,500, a drop of 500 filings from the previous week.

Analysts with Econoday said there have been a few bright spots on the outlook for May’s economic data.

“This report is definitely a strong positive for the employment outlook. Whether this correlates with gains for the Dow is uncertain given the possibility, following yesterday’s hawkish sounding FOMC minutes, that strong data could begin to trigger withdrawal of Federal Reserve stimulus,” Econoday said.

 

Jobless claims inch down | HousingWire.

Illinois home sales show 25% annual growth in April | Cross River Real Estate

Home sales in Illinois rose 25.3% year-over-year in April, while median prices increased 7.7%, according to the Illinois Association of Realtors. 

Home sales in the state totaled 12,621 in April, up from 10,076 in April 2012. This marked the best April performance since 2007. 

The median price in Illinois was $145,900 in April, up 7.7% from April 2012 when the median price was $135,500. 

“The spring numbers are very encouraging, especially as we see substantial tightening of the numbers of homes on the market,” said Michael D. Oldenettel, president of IAR. 

He added, “While prices are inching up slightly due to strong demand, the interest rates continue to be a powerful lure for those who want to own a home and the spring housing market looks to be a strong one.” 

Illinois’ home inventory in April was 62,503 units, a 30.6% drop from April 2012, which had 90,041 units for sale. The time homes are spending on the market plummeted from 111 days to 89 days, a 19.8% drop, year-over-year. 

Of the 102 Illinois counties, 55 reported year-over-year increases in home sales in April 2013, while 42 showed year-over-year median price increases. 

“The housing market is exhibiting signs of a more stable recovery with an anticipated strong early summer led by strong sales gains and more modest but still positive gains in median prices,” noted Geoffrey J.D. Hewings, director of the regional economics applications laboratory of the University of Illinois.

 

Illinois home sales show 25% annual growth in April | HousingWire.

Housing market now the ‘tailwind’ pushing economic growth | Cross River Real Estate

It was only a few years ago that the housing market helped drag the U.S. economy into the gutter, but times surely have changed.

In its monthly economic forecast on Monday, Fannie Mae said it believes the recent slowdown in economic growth may be short-lived thanks to the strong rebound of the housing market, which will serve as the economy’s “tailwind” through the rest of the year and even into 2014.

“If (home purchase) demand awakens further and more jobs are added each month, economic activity should step up compared to 2012 levels with housing acting as a significant contributor to growth,” the report said.

After a strong start to 2013, Fannie Mae noted economic growth has been tapering off in recent months “partly due to fiscal drags including sequester.” But with further anticipated improvements in the financial and housing markets, Fannie Mae expects the nation’s economy will grow 2.2 percent by year-end from 2012. That’s a modest gain, but still better than the 1.7 percent and 2 percent year-over-year economic growth the U.S. saw in 2012 and 2011, respectively.

“Employment numbers are getting better, albeit it at a relatively slow pace, and the April employment picture should help boost consumer sentiment toward the economy overall,” Fannie Mae Chief Economist Doug Duncan said in the report. “Spending grew in the first quarter at a surprisingly strong pace, and although this rate is unlikely to hold up, consumers continue to show signs of resilience in the face of fiscal concerns.”

 

 

Housing market now the ‘tailwind’ pushing economic growth – Phoenix Business Journal.

Consumer confidence hits highest index since 2007 | Cross River NY Real Estate

The University of Michigan‘s consumer confidence survey results are out.

The headline index rose to 83.7 from last month’s 76.4 reading. That’s the highest index reading since July 2007.

 

Consumer confidence hits highest index since 2007 | HousingWire.

Some markets may be pointing toward a bubble | Cross River NY Real Estate

Prices nationwide rose nearly 6% last year — more than most ever expected, writes CNNMoney. While that has continued so far this year, leading builders to build again, prices in some places have risen faster than incomes. Eventually, they could fall back as homes become less affordable.

“If prices keeps going up at this rate for another six months, we will have a bubble, and people will get hurt,” Dean Baker, co-director of theCenter for Economic and Policy Research recently told Bloomberg.

 

Some markets may be pointing toward a bubble | HousingWire.

Organic Pest Control Series: Beneficial Insects | Cross River NY Homes

.Day and night, pesticide-free organic gardens are abuzz with activity, much of it a life-and-death struggle between predators and prey, Pest Control in Mesa is the best ally you can have when we talk about insects. We seldom see much of this natural pest control, in which tiny assassins patrol their surroundings in pursuit of their next meal. Assassin bugs aren’t picky: They will stab, poison and devour a wide range of garden pests, including caterpillars, leafhoppers and bean beetles. Check out True Pest Control, they offer the best pest control in Adelaide. Soldier and ground beetles work the night shift, emerging after dark from beneath rocks, mulch and other daytime hiding places to feast upon soft-bodied insects and the eggs of Colorado potato beetles.

Aphid lions (the larvae of the lacewing) have a hooked jaw that helps them dispatch huge numbers of aphids, caterpillars, mites and other pests. The main reason why pest control is indispensable is the threat to human, plant and animal health posed by the pests. Almost all pests are carriers of some disease or the other and have even been known to cause severe epidemics and massive agricultural destruction. Apart from destroying valuable food supply, causing death and serious health problems such as allergic reaction, the pests also lead to serious property damage. Pests like termites can eat away huge wooden structures and render them hollow and useless. Almost everyone is revolted by these pests. In fact, the mere sight of a pest scurry around on a property is enough to turn you off and question the hygiene maintained at the place. Needless to say, pest control services is something you cannot do without.

However, it is a specialized service that you cannot manage on your own. The professional services of a pest control services company have to be hired if you want to rid your residential or commercial property of pests. For more information about the power pest control services, visit powerpestcontrol.ca. Locating the pests and eradicating them involves the use of special products and equipment that these companies have. Their technicians are trained in the use of these solutions and equipment in a safe manner. With their extensive knowledge of the different types of pests, they are able to identify the places of pest infestation and decide up on the best extermination plan to use for solving the problem, for example using a Flying Termite Removal Program. Their services are focused not only on one-time pest removal, but on minimizing the chances of future infestations as well. If you are interested in periodic pest treatment of your property as a preventive measure, the pest control companies can handle it too. According to Box Elder Bug, pest invasions can cause you great discomfort, physical harm and financial loss. It makes sense to engage a knowledgeable, experienced and reliable professional to deal with the issue. If you are interested in knowing about the pest control companies servicing your area, you can log on to a local business directory and get all the required information. Before we can get into trying to understand whether biological pest control is the answer to the pest-control related environmental concerns, it would be proper to give ourselves a little background information on this whole pest control business; for the benefit of those who may be encountering it for the very first time. Now, pests are organisms (typically insects) that are injurious to the interests of the people who refer to them as such. Thus to farmers, the insects that invade and eat up their crops (whether in the fields or during storage), would be termed as pests.

On the other hand, the ‘domestic insects’ that tend to mess up with things in domestic settings (like moths, that can mess up with cloths in storage), are seen as pests by housekeepers. Worth keeping in mind is that although most pests are insects, there are also quite are number that are non-insects: with the likes of rodents (that can mess up with crops in farms of things stored in domestic settings) being seen as pests too, the fact that they are not insects notwithstanding. Having seen that pests are injurious, it would be natural that the people who happen to ‘fall victim’ to them would want to get rid of them. In the meantime, people who haven’t yet fallen victim to pests would be keen to avoid such a ‘fate.’ Hosting pests, by the way, can be a serious fate: thousands of hectares of farmland have been known to be wasted by pests in a single day, leading to losses that often run into millions of dollars. It is the steps taken to avoid pest invasion then, or to resolve pest invasion if it has already taken place, that are referred to as constituting pest control expert services, like Pro Care. Now pest control takes various forms, depending on the pests one is trying to get rid of (or to prevent the invasion of). And while bigger pests like rodents may be controlled through mechanical means like trapping, for a long period of time, it is chemical control that has worked for the vast majority of pests, which tend to be insects as previous mentioned.

The chemicals used in this endeavor are what are termed as pesticides. And while pesticides are usually very effective in pest-control, the downside to them tends to come up when we consider the fact that they tend to be extremely environmentally unfriendly. Check out pestzone to see the best way to eliminate pests on your house. Worth keeping in mind, at this point, is the fact that the chemicals referred to as pesticides tend to be very potent ones. So it often happens that traces of them remain where they were used, even after the pests are gone. Those traces are eventually washed down to the water bodies where they wreck great havoc to the (non pest) plants and animals resident in the water bodies.

Learning about the beneficial insects in your garden will make it a more fascinating place, and help you tweak it in ways that intensify the work done by wild garden allies. This is often a simple matter of avoiding the use of pesticides (including organic ones), the service of bee removal Phoenix AZ, and growing plenty of flowers to provide beneficial insects with pollen and nectar. In greenhouses or other special situations, you may even decide to purchase and release certain lab-raised beneficial insects. This will not be necessary with the beneficial insects described here, because all will naturally gravitate toward a diversified organic garden.

Although, squirrels in an attic can be a real problem, professional Baltimore squirrel removal services are usually needed as a sound resolution. Don Brody from On The Fly Pest Solutions says squirrels may be cute but in a home a wild animal can cause nightmares, such as electrical fires from rodents gnawing live wires.

Below we feature the best beneficial insects for your garden, each one beautifully illustrated. Get to know these garden helpers individually and make a plan for how you can incorporate them into your garden as part of your natural pest control strategy.Do you have termites? The first step to avoiding a termite problem is having your home regularly inspected for termites. Termite inspections Brisbane provide customers with professional wood destroying organism inspections for real estate purchases and refinancing.

Check out the other sections of our our Organic Pest Control Series: Using Organic Pesticides and Common Garden Pests.

Braconid Wasp

Braconid wasps play an important role in controlling insect pests. Braconids are beneficial insects that lay their eggs inside or on host insects, and then the maggot-like wasp larvae weaken the host pest.

Read more.   

Ground Beetle

The busy ground beetles’ diet can help control slugs, asparagus beetles, caterpillars, Colorado potato beetles, corn earworms, cutworms, squash vine borers and tobacco budworms.

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Honeybee

Have you ever wondered, “What do honeybees eat?” If so, and if you’d like to attract these beneficial insects to your garden, this piece crammed full of honeybee information is a good place to start.

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Hover Fly

Hoverfly larvae eat mealybugs and small caterpillars, and are especially helpful with organic aphid control. Adult hoverflies feed on nectar and pollen, and you can attract them to your garden with flowering plants.

Read more.

Lacewing

Beneficial lacewing larvae prey on aphids, cabbage worms, caterpillar eggs and more. Learn how to attract these garden helpers.

Read more.

 

Lady Beetle

Lady beetles feed on all sorts of garden pests, including aphids, small caterpillars and insect eggs. They even feed on powdery mildew. Learn how to attract them to your organic garden for natural pest control.

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Mason Bee

The mason bee is a great pollinator and can work blossoms at a lower temperature than honeybees. Mason bees are so named because they pack mud into their nests, like brick masons.

Read more.

Praying Mantis

The praying mantis is a beneficial predatory insect that provides grasshopper control and more. Learn to create an inviting praying mantis habitat.

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Predatory Bugs

If your goal is to squash garden pests naturally by attracting beneficial insects, then welcome assassin bugs with open, dirt-covered arms.

Read more.

Soldier Beetle

Brush up on your soldier beetle facts, including what soldier beetles eat, where they live, and how to attract this beneficial insect to your organic garden.

Read more.

Spider

Pest outbreaks could be rare if you have lots of beneficial insects and spiders in the garden. Learn how to attract various types of garden spiders.

Read more.

Tachinid Fly

The Tachinid or “Diptera” species is well worth inviting to your organic garden because of its ferocious appetite for garden pests such as Japanese beetles and grasshoppers.

Read more.

Trichogramma Wasp

Itty-bitty trichogramma wasp larvae develop inside of and eat insect eggs, especially those of cabbage worms, codling moths and European corn borers.

Read more.

Yellow Jacket

Yellow jacket wasps feed their young liquefied insects, with caterpillars, flies and spiders comprising the largest food groups during most of the summer. The effect: Adios, garden pests!

Read more.

Read more: http://www.motherearthnews.com/organic-gardening/beneficial-insects-zl0z0413zkin.aspx?newsletter=1&utm_content=05.17.13+GFSS&utm_campaign=2013+GFSS&utm_source=iPost&utm_medium=email#ixzz2TYoKNBGr

Hugh Hefner, Crystal Harris Own First Home as Husband & Wife | Cross River Real Estate

Crystal Harris IMDb

Source: IMDb

Newlyweds Hugh Hefner and Crystal Harris may need to set a price limit for exchanging gifts. Shortly after Harris made her husband a homemade gift for his 87th birthday, the Playboy magazine founder dropped $4.995 million on a Hollywood Hills mansion for the 27-year-old Playmate.

The couple finally tied the knot in January. They’d been engaged for awhile, but Harris called off the wedding in 2011. Now the newlyweds have sealed the deal with their first real estate purchase. According toTMZ, Harris is a co-owner of the property.

The modern manse is constructed in a decidedly different style than the traditional and Tudor-esque architecture of the Playboy Mansion. The 5,917-square-foot home was built in 2011 with several modern amenities, as well as a view of the city lights. A gated entrance leads into a contemporary kitchen and up a floating wood staircase into a luxurious master bedroom and bath. Outside, a white-glass infinity pool and deck provide secluded relaxation while sliding doors out front provide open-air living space.

Hefner has lived in the famous Playboy Mansion for several years, but it may come as a surprise that the millionare doesn’t own it. According to details of the lease, filed with the SEC as an appendix to his employment agreement, Hefner pays rent for the 29-room house.

With the Playboy Bunny House (across the street from Hefner’s not-so-humble abode) recently listed for $11 million, time will tell whether Hefner decides to make the Hollywood Hills home is primary residence.

 

 

Hugh Hefner, Crystal Harris Own First Home as Husband & Wife | Zillow Blog.

Want Chinese clients? Hire Chinese-speaking agents | Cross River Real Estate

Any discussion of working with the Chinese market must begin with a word of caution: China is in many ways as diverse as Europe, so general statements about Chinese clients must be treated carefully.

In the past 30 years, our firm has done thousands of transactions, both commercial and residential, with Chinese families and businesspeople. Notwithstanding China’s immense diversity, our collective experience has given us certain concrete insights into the expectations of Chinese clients, what factors shape their investment decisions, and how to best service this segment of the market.

When compared to other investment vehicles, there is a general preference for real estate investment amongst Chinese clients. According the U.S. Census Bureau and other studies, Asian Americans, specifically Chinese Americans, have a higher homeownership rate than any other immigrant group.

There are a variety of reasons for this which are beyond the scope of this article, but the bottom line is that when Chinese families or businesspeople come to North America, real estate is often the first major investment they make.

– See more at: http://www.inman.com/2013/05/15/want-chinese-clients-hire-chinese-speaking-agents/#sthash.BXaIr9DY.dpuf

 

 

Want Chinese clients? Hire Chinese-speaking agents | Inman News.