Category Archives: Waccabuc NY

Price Hikes Help High-End Flippers | Waccabuc Real Estate

Recovering prices helped short-term flippers earn an average gross profit of $54,927 on single family home flips in the third quarter, up 12 percent from a year ago.

RealtyTractoday reported that in the third quarter there were 32,993 single family home flips – where a home is purchased and subsequently sold again within six months – in the third quarter of 2013, down 35 percent from the second quarter and down 13 percent from the third quarter of 2012.

The higher gross profit was driven in part by an increase in high-end flips on homes that were sold by flippers for $750,000 or more. A total of 968 high-end homes nationwide were flipped in the third quarter, down 13 percent from the previous quarter but up 34 percent from a year ago. More than three-fourths of all high-end flips were in five markets: the New York metro area and four coastal California markets – Los Angeles, San Francisco, San Jose and San Diego.  Flips on homes priced between $1 million and $2 million increased 42 percent year over year, while flips on homes priced between $2 million and $5 million increased 350 percent year over year.

“Increasing home prices over the past 18 months combined with decreasing foreclosures have created a market less favorable to the high quantity of middle- to low-end bread-and-butter flips that we saw late last year and early this year,” said Daren Blomquist, vice president at RealtyTrac. “But the sharp rise in high-end flipping indicates there is still good money to be made for flippers willing and able to take on the additional risk of buying and rehabbing more expensive homes. With that higher risk also comes the potential for higher reward. The average gross profit on each high-end flip equals more than four times the average gross profit on each flipped home in the lower price ranges.

 

 

 

http://www.realestateeconomywatch.com/2013/10/price-hikes-help-high-end-flippers/

 

 

Foreclosure Starts Rise in 11 States | Waccabuc Real Estate

Thought foreclosures were dead?  Not quite. Hallowe’en must be coming because foreclosure filings rose 2 percent in September and new foreclosures are rising from the grave in 11 states.

In the third quarter foreclosure filings were reported on 131,232 U.S. properties in September, a 2 percent increase from the previous month but a 27 percent decrease from a year ago.

September was the 36th consecutive month with an annual decrease in U.S. foreclosure activity, a downward trend that started in October 2010 when lenders and servicers were accused of improperly signing off on foreclosure documents with a practice dubbed robo-signing.

September numbers helped drop third quarter foreclosure activity to the lowest quarterly level since the second quarter of 2007. There were a total of 376,931 U.S. properties with foreclosure filings in the third quarter of 2013, down 7 percent from the previous quarter and down 29 percent from the third quarter of 2012 – the biggest annual decrease since the second quarter of 2011. One in every 348 housing units had a foreclosure filing during the quarter.

High-level findings from the report:

  • U.S. foreclosure starts in the third quarter were at a seven-year low. A total of 174,366 U.S. properties started the foreclosure process for the first time during the quarter, down 13 percent from the previous quarter and down 39 percent from a year ago to the lowest level since the second quarter of 2006.
  • Third quarter foreclosure starts decreased from a year ago in 38 states including Colorado (down 71 percent), Arizona (down 63 percent), California (down 59 percent), Illinois (down 56 percent), and Florida (down 52 percent).
  • Third quarter foreclosure starts increased from a year ago in 11 states, including Maryland (up 259 percent), Oregon (up 252 percent), New Jersey (up 53 percent), Connecticut(up 52 percent), Nevada (up 36 percent), and New York (up 25 percent).
  • Third quarter bank repossessions (REO) decreased 24 percent from a year ago but were up 7 percent from the previous quarter. A total of 119,485 U.S. properties were repossessed by lenders in the third quarter, putting the nation on pace for close to half a million total bank repossessions for the year.
  • The quarterly increase in REOs nationwide was driven by quarterly increases in 26 states, including New York (up 65 percent), New Jersey (up 64 percent), Illinois (up 44 percent), Virginia (up 36 percent), Connecticut (up 34 percent), Indiana (up 30 percent), Nevada (up 29 percent), and California (up 19 percent).

 

 

http://www.realestateeconomywatch.com/2013/10/6719/

Drop $4.35M on This Modernist Glass House in Switzerland | Waccabuc Real Estate

20 images

Hot off the tipline is this modernist glass villa asking $4.35M in Brusino Arsizio, Switzerland. Designed by Milan-based architect Jacopo Mascheroni, the Lake Lugano House glows atop a hillside near the Italian border. In all, the house, including that kind of gorgeous U-shaped glass pavilion, measures 6,456 square feet and boasts two bedrooms, a rainwater irrigation system, a studio, a “big hobby room,” and—hark!—garden access from every room. The photos, below.

Kitchen of the Week: Paring Down and Styling Up in a Pennsylvania Tudor | Waccabuc Real Estate

ill Unruh’s 80-year-old Tudor was designed by renowned Philadelphia architects Wallace and Warner, but you wouldn’t have known it from the kitchen. Dark granite and other 1980s touches belied the home’s style heritage, which Unruh was eager to restore.
With help from contractor Kyle Lissack, Unruh stripped the kitchen of all of its finishes and started from scratch. The new space focuses on streamlined simplicity, with the contents limited to what the family uses on a daily basis. “The more space for junk you have, the more likely it is that you’ll keep it,” Unruh says.
Kitchen at a Glance Who lives here: Jill Unruh, her husband and their 2 young sons Location: Bryn Mawr, Pennsylvania Contractor: Kyle Lissack, Pinemar Size: 308 square feet

transitional kitchen by Pinemar, Inc

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Simple subway tile covers the entire back wall from floor to ceiling. Even the range hood is wrapped in drywall and tiled over. “I didn’t want the eye to see all this stainless steel,” Unruh says.
The tile makes for easy cleaning, particularly around the cooking area.
Backsplash: Daltile; range: Wolf; countertops: statuary marble; cabinetry: custom by Pinemar
transitional kitchen by Pinemar, Inc

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Despite the kitchen’s spaciousness, Unruh and Lissack limited themselves to minimal counters and cabinets. This simple approach to storage prompted Unruh to get rid of all unnecessary items.
The open shelves are painted a custom navy blue to add dimension to the neutral room.
transitional kitchen by Pinemar, Inc

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Unruh keeps her most-used items on display for easy access; everything else is tucked away in cupboards and the mudroom pantry. Pullout shelves next to the refrigerator store after-school snacks; the sliding function makes it easy for the kids to find what they need without getting in the way of dinner prep.
Sink: Cotswold, Just Sinks; wood countertops: edge grain maple, Grothouse Lumber; flooring: flat-sawn white oak; faucet: Waterstone; refrigerator: Sub-Zero
transitional kitchen by Pinemar, Inc

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The kitchen cabinetry used to loop all the way around the kitchen, leaving just a small spot for a 30-inch oven. Eliminating the cabinetry in this corner created room for a little workspace with appliance garages and an area for a Wolf range.
transitional kitchen by Pinemar, Inc

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This nook on the back wall once opened to a servant’s staircase to the second floor. But the steps were so steep and narrow that Unruh knew her family wouldn’t use them. So she and Lissack closed off the top of the staircase and replaced the door at the bottom with a custom bar. The cupboard beneath opens to reveal the steep original stairs, which the family uses for bar storage.
Wine cooler: Liebherr

Great news! Shadow inventory drops to 1.9M homes | Cross River Real Estate

It’s a staggering number: The “shadow inventory” in July– properties that are seriously delinquent, in foreclosure or in lenders’ REO inventories (but not yet listed for sale on a multiple listing service) — stood at 1.9 million homes valued at $293 billion, CoreLogic said today.

But you have to put things in perspective.

That’s a 22 percent drop from a year ago, and 38 percent from the 2010 peak of 3 million homes.

Plus, that’s the national picture, and all real estate is local, right? If you break it down to the state level, the five states with the highest foreclosure inventory as a percentage of mortgaged homes were: Florida (7.9 percent), New Jersey (6.2 percent), New York (4.9 percent), Maine (4 percent) and Connecticut (3.9 percent). Source: corelogic.com

 

 

– See more at:

 

http://www.inman.com/wire/great-news-shadow-inventory-drops-to-1-9m-homes/#sthash.pe0Y4n90.dpuf

Fastest Markets are in Low Gear | Waccabuc Real Estate

Home-selling speeds fell for the fourth month in a row. In August, 27.9 percent of homes went under contract in less than two weeks, down from 29 percent in July and 33.7 percent in April, according to the National Association of Home Builders.

The competitive landscape in the housing market has changed drastically since spring, due to elevated home prices and mortgage rates. Many buyers have slowes or paused their buying plans over the past four months according to Redfin’s latest Bidding War Report/

San Jose remains the fastest-moving market in August, with 43.6% of listings under contract within two weeks despite slowing slightly from 46.1% in July. Across 23 markets, San Jose has been the fastest every single month since December 2011.

The slowest-moving market was again Philadelphia, which saw 7.0% of homes under contract within two weeks, down from 7.3% in July.

San Diego slowed the most from July to August. In San Diego, the rate of homes going under contract within two weeks slowed from 36.1% to 31.6%.

Las Vegas sped up the most from July to August. In Las Vegas, 24.7% of homes went under contract within two weeks in August compared with 18.3% in July.

Compared to a year earlier, Atlanta sped up the most. The rate of homes going under contract in 14 days moved from 1.2% to 22.7% between August 2012 and August 2013.

Sacramento slowed the most in the year, dropping from 40% to 34.1%.

Despite the slowing trend throughout summer, market speed could see a slight increase in September as some buyers react to reduced mortgage rates. After surpassing 4.7 percent in mid-August, 30-year fixed mortgage rates eased to about 4.3 percent in September in reaction to the Federal Reserve’s decision on September 18 to keep its stimulus program unchanged for now. Although the rates have dropped only slightly, Redfin agents in Seattle, Washington, D.C. and Los Angeles in recent days have reported a boost in urgency among buyers to find a home.

 

 

 

http://www.realestateeconomywatch.com/2013/09/fastest-markets-are-in-low-gear/

45 Social Media Tools and Tips to Improve Your Marketing | Waccabuc NY Realtor

Are you looking for some practical tips and tools to help with your social media marketing?

Do you find it difficult to keep up with how quickly social media is evolving?

In this article, I outline a collection of technology tools and tips you’ll want to consider using to improve your presence across social media.

Why Tools?

It takes a lot of time to create quality content, engage on social profiles and sustain online relationships that support your business goals.

Larger businesses and corporations often have teams of people dedicated solely to these tasks.

For smaller businesses that don’t have the luxury of staff or financial resources, there are tools to help. But there are also efficient shortcuts and tips to help you get more out these technology tools.

By using some of these tips to strategically choose your tools, you can get more out of your social media marketing.

Here we go.

#1: Monitor Your Blog Visitors’ Activity With Lucky Orange

The more you know about your website visitors, the more you cater to their needs with content, layout and design.

Lucky Orange monitors and interacts with your blog visitors and lets you:

  • View details of who’s on your site now, what pages they’re visiting, where they’ve come from and how long they’ve been on your site
  • Interact with visitors in real time, through a chat box
  • View real-time or recorded videos of your website visitors browsing your site
  • View an overall heat map which shows the key areas your website visitors are clicking on

In the image below you see the time people spent on your site, how they found your site, the previous site they were on and the country they are browsing from.

Lucky Orange provides great information about your visitors.

Start by recording sessions of individual users browsing your blog and see where they’re scrolling and what they click on. Then interact with visitors while they’re on the site and ask them questions about their experience on your website or the content they’re browsing.

Use what you learn to fine-tune your site.

#2: Use Smush.it to Reduce the Size of Your Images

The load time of your page is one of many factors that Google uses to determine your web ranking, so it’s important to reduce the size of your images where possible.

Smush.it is an image compression tool that’s “lossless.”

You upload the images, reduce them and then download a version that’s smaller in size but not in quality.

Upload your images and reduce them in size.

Use these smaller images to improve your social media marketing performance.

#3: Implement a Content Distribution Network

When I browse a website or blog from Ireland that’s hosted in the United States, it’s likely to run slower for me than for someone who’s browsing from within the United States.

To standardize your load times, use a hosting provider that uses a content distribution network (CDN). A CDN keeps the latest copy of your website on various servers around the world so visitors get your content from the server that’s nearest to them, which results in faster load times.

 

 

http://www.socialmediaexaminer.com/45-social-media-tools-and-tips/

 

 

 

 

 

This Mobile Micro ‘Blob’ Has All the Comforts of Home | Waccabuc Real Estate

defbefb.pngPhoto via Architizer

When Belgian architectural firm dmvA—no strangers to oddball projects—came up against harsh local building regulations while building a home-office extension, they did what anyone would do: they built a giant white bean. Naturally. The Blob vB3, as it’s been unceremoniously named, is mobile and, at just 215 square feet, micro—double trendiness points there—but packs a lot of punch for such a small space, as micro homes manage to do. Inside is a bathroom, kitchen, bed, plenty of storage, and even a fold-out wing that acts as a make-shift porch.

The structure, which took 18 months to complete, has a sturdy timber frame covered with polyester that’s been sanded down to give it its, well, egg-like exterior. Though it has no windows, the sides flare out to let sunlight in. The firm suggests it be used as a home office, garden house, or guest bedroom, but for now, it’s on display at the Verbeke Art Foundation in Belgium. Do have a look at more photos over on Design Boom.

fbef.pngPhoto via Architizer

Cob Building Basics: DIY House of Earth and Straw| Waccabuc NY Real Estate

In early 1999, a young woman from Florida happened across an article online  about the recent revival of an ancient British method for sculpting dirt houses.  Intrigued, she used her savings to travel to Vermont for a five-day workshop,  where she learned how to mix clay, sand and straw by foot, and then knead lumps  of the stuff into solid walls nearly as durable as concrete.

After returning to Florida, she and some friends used the techniques she had  learned to build a small pottery shed in her parents’ backyard. Some people  predicted Florida’s humid air and torrential rains would melt her “mud hut” back  into the ground. Following Hurricane Lili in 2002, however, the sturdy little  building, which had cost just a few hundred dollars and a summer’s labor to  build, proved to be one of the few buildings left standing in her neighborhood.  Christina Ott had discovered cob building.

Cob-Building Origins

Cob building gets its name from the Old English term for “lump,” which refers  to the lumps of clay-rich soil that were mixed with straw and then stomped into  place to create monolithic earthen walls. Before coal and oil made  transportation cheap, houses were built from whatever materials were close at  hand. In places where timber was scarce, the building material most available  was often the soil underfoot.

Building with earth has a long and successful history. Cob construction is  particularly easy to learn, requires no fancy equipment, uses local materials,  and can be done in small batches as time allows — making it extremely accessible  to a wide range of people. (See DIY Cob-Building Technique, later in  this article.) After her initial success with cob, Ott traveled to Oregon to  apprentice with the Cob Cottage Company. When her family relocated to the  mountains east of Nashville, Tenn., Ott used her new skills to build a small cob  house for just under $8,000. By age 23, she was mortgage-free and teaching  cob-building workshops all over the United States as the “Barefoot Builder.”

In the U.K., tens of thousands of cob buildings are still lived in, some of  them more than 500 years old. When the British immigrated to the United States,  Australia and New Zealand in the 1700s and 1800s, they brought the technique  with them. In Africa, the Arabian Peninsula, parts of Asia and what is now the  southwestern United States, cob was developed independently by indigenous  people. In Yemen, cob buildings stand that are nine stories tall and more than  700 years old.

However, with the industrial age came factories and cheap transportation in  the West, making brick, milled wood, cement and steel readily available. Mass  production led to mass marketing and the promotion of these new materials as  signs of progress. The perception of cob as “poor people’s housing” led to its  near demise. By 1985, there hadn’t been a new cob building constructed in the  U.K. for more than 60 years, or in the United States for at least 120 years.

Modern Cob Buildings

Today, building your own house is the exception to the norm, and it is almost  unheard of to build with local materials. Instead, houses are built by  specialists using expensive tools and expensive, highly refined materials  extracted and transported long distances, often at great ecological cost.  Industrial materials have many benefits — performance, predictability, speed and  ease of installation — but they have in common that they must create a profit  for the companies that manufacture them. The average number of members in U.S.  households has dropped by more than half in the past 50 years. Yet, over the  same time period, average home sizes have more than doubled. We are more  comfortably housed than at any point in history, but practically enslaved by the  payments (the word “mortgage” is French for “death contract”). Fortunately, we  have other choices.

In the county where Ott lives, low-income housing is often a crumbling  trailer home that is difficult to heat and cool and expensive to maintain. As  she sits next to the woodstove in her cozy cob house, she explains that a quick  fire in the morning warms the cob walls and will often keep the house warm for a  day or more. She uses less than a cord of wood per year. Meanwhile, the same  neighbors who laughed about her “dirt house” are stripping their own land of  trees and burning trash just to keep from freezing. Some go through as many as  15 cords of wood per year. For less than what many people spend on a down  payment, Ott has a house, and it performs well even by modern standards.

Cob’s thermal performance varies by climate region. While cob is a relatively  poor insulator, it also has the ability to absorb large quantities of heat.  These properties are valuable in regions such as the Southwest, but would be a  disadvantage in the chilly Northeast, for example, where heat gains will quickly  be lost. This weakness of cob can be solved by building interior walls of cob  for mass heat storage while using better-insulating materials for exterior  walls.

Anecdotal evidence and recent testing show cob walls are highly resistant to  earthquakes. Unlike cement or adobe, which tend to shake apart in an earthquake,  lumps of cob are woven together in the building process to form one large mass  reinforced by straw fiber. Also, unlike cement, cob is easily repaired with the  same material it was built from, and if torn down, there is no waste to be  disposed of — only earth that can be returned to the ground or soaked in water  and reused to build another room or house.

Oregon Cob-Building Method

Outside Coquille, Ore., stands a constantly evolving collection of test  buildings affectionately known as “Cobville.” Sculpted cob garden walls weave  around and between the tiny cottages, giving each its own sense of space. Here,  apprentices and workshop attendees learn and experiment with ingredients,  methods and finishes. This is the headquarters of the Cob Cottage Company, which  is largely responsible for the re-emergence of cob building in the United  States. Founded by Ianto Evans, his wife, Linda Smiley, and Michael G. Smith,  Cob Cottage Company started with the radical idea that, with a little direction,  almost anyone can learn how to build a cob house.

Evans, a spry Welshman now in his 70s, has reimagined the cob of his  birthplace in a more efficient form. The traditional British cob method, which  was generally to stomp lumps of whatever clay soil was handy into place, relied  on thick walls for strength. “Oregon cob,” by contrast, effectively does more  with less. Builders make thinner but significantly stronger walls by tightly  controlling the clay-and-sand mix and using lots of straw for reinforcement. “We  have created in Oregon cob an almost-free building material most people can  manufacture for themselves. It has fluidity of form, and it’s healthy,  non-polluting and local. The buildings it inspires are sculptural, snug and  permanent,” Evans says. Because you can provide much of the construction labor  yourself, cob is very affordable.

But Evans speaks of cob and “natural building” (a term he helped popularize)  less in terms of cob-construction methods and more in terms of the social  movement it has become. “Building your own house for less than $10,000 is  revolutionary, and, yes, you can do it,” he says. “Millions of people in other  countries and our own ancestors have proven that.” Evans has seen firsthand the  way people are empowered by building their own houses from earth.

Cob-Building Community

Thirty years after its founding, Cob Cottage Company has much progress to  report. Evans, Smiley and Smith’s book, The Hand-Sculpted House, has sold more than 30,000 copies  worldwide. Their CobWeb newsletter documents 18 years of experiments  and advances (and failures) in cob technology, and it is available at the Cob Cottage  Company. Multiple nonprofits, such as the Natural Building Network,  continue to promote cob building and work with code officials to streamline the  approval process. Every year, natural builders host regional colloquia to swap  techniques and foster camaraderie. Some travel hundreds of miles and sleep in  tents to help each other with projects.

Cob Cottage Company alumni are building and teaching all over the world.  Despite the downturn in the global economy — or maybe because of it — cob  workshops are more popular than ever. On her first building project, Ott’s most  steadfast supporter was an unemployed single mother who went on to build her own  cob house after her first home was destroyed by a hurricane. Together, they  built a building while chatting and watching kids run around the yard. A  construction site is not a playground, but without the noise and danger of heavy  machinery and without nails littering the ground, a cob-building site is a great  deal more family-friendly. Most natural builders go to great lengths to keep  that atmosphere on their job sites. Many times I’ve been grateful for that as I  watched my young daughters hard at work atop the growing cob wall of a friend’s  new bedroom.

If you are serious about building with cob, Evans strongly recommends that  you seek hands-on experience, either at a workshop or by volunteering on a  project. To find a workshop near you, visit the event calendars on the websites  listed in the resources box to the left.

See Golden Retrofit & Foundation Repair for more and read this post: http://www.motherearthnews.com/print.aspx?id={17BBBF82-CFC3-4892-96B0-6BBD76943B00}#ixzz2gmIi9IFc

Fall Is Calling: What to Do in Your October Garden | Waccabuc Real Estate

like having options  — from which flavor of tea to drink after lunch to which route I’ll take to walk home. Gardening this month is no different. Whether you’re after garden chores or perhaps some seasonal puttering, it’s all about picking your own path.
You can prep soil for spring planting, divide grasses and transplant perennials, even tuck in more cool-season edibles. Alternatively, you can just enjoy fall’s splendor and put off some of the season’s more tedious tasks. Let fallen leaves provide hearty mulch for your lawns and hold off, for now, on cutting back spent summer and fall plants. Instead, take some time to sit back and watch the leaves change. It’s your garden, so enjoy it. Here’s what you can do in your garden this October.
Find your October garden checklist:
California | Central Plains | Great Lakes | Mid-Atlantic | Northeast
Pacific Northwest | Rocky Mountains | Southeast | Southwest | Texas

traditional landscape by Le jardinet

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Northwest. “Refresh your container gardens with a selection of winter-hardy evergreen shrubs, perennials and seasonal color spots,” says landscape designer Karen Chapman.
For a festive fall arrangement, she says that “small conifers, bright spurge (Euphorbia spp) and evergreen sedums are easy candidates for containers — especially when dressed up with a few cheerful pansies.”
It’s also time to plant spring-blooming bulbs — even in containers. “Dwarf daffodils, hyacinths and crocuses are just a few of the possibilities,” Chapman says.
Shown: ‘Princess Irene’ tulips are stunning with ‘Peach Flambe’ coral bells (Heuchera).
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traditional landscape Pomegranate Tree

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California. Garden editor Bill Marken suggests potting trees and shrubs for a permanent and festive seasonal touch.
“Pomegranates symbolize fall in Mediterannean climates,” Marken writes. “Like early Christmas ornaments, the fat, round red fruits hang heavy on spindly branches along with small leaves turning an autumn yellow. For a container, look for a dwarf variety such as ‘Nana’, displaying fall foliage and tiny red fruits if you’re lucky.”
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mediterranean landscape by Donna Lynn - Landscape Designer

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Southwest. Water management is still important this month. “Continue to monitor and reset the timers on any controllers you may have, especially in the low and middle zones. As temperatures decrease, reduce the water needed,” writes New Mexico landscape designer David Cristiani.
“If you are planning a landscape for a barren area or for an area outside plant roots, create water harvesting opportunities to benefit plantings and some visual interest by installing subtle basins, swales and berms away from structures, where lush plantings are desired,” he says.
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