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Tag Archives: Armonk NY Homes for Sale
How Many Homes in the Country Are Still Underwater? | Armonk Homes
In addition to low housing inventory, the unprecedented amount of monetary easing from the Federal Reserve has acted like a life preserver to the real estate market. However, many Americans still find themselves underwater or anchored to their current homes.
In the third-quarter of 2013, the national negative equity rate declined at its fastest pace on record to 21 percent of all homeowners
with a mortgage, according to Zillow’s latest Negative Equity Report. In comparison, 23.8 percent of homeowners with a mortgage were underwater in the previous quarter. The peak was made in the first quarter of 2012 at 31.4 percent.
The national negative equity rate has now declined for six consecutive quarters, and fell below 25 percent earlier this year for the first time since Zillow began using its current methodology in 2011. In fact, around 1.4 million American homeowners were freed from negative equity during the third quarter. While this is a significant improvement, many people are still trapped in their homes.
http://wallstcheatsheet.com/stocks/how-many-homes-in-the-country-are-still-underwater.html/?ref=YF
Lot owners: Put up or pay up says new Mayor | Armonk Homes
Nonprofit that flipped homes to investors faces scrutiny | Armonk Homes
Wind Advisory Is In Effect For Armonk Till 6 p.m. | The Armonk Realtor
Armonk NY Election Results news | Armonk NY Homes
Moving Forward Together
Dear North Castle Resident,
Please forgive me for sending one last email blast now that our Town’s turbulent political season has, thankfully, come to a close. I want to thank every North Castle resident who made the effort to vote on Tuesday; your vote was your voice, and the majority of those who went to the polls expressed a desire for change. To those who voted for me, I pledge to do my very best to serve all the residents of North Castle, and I am humbled by your support and confidence in me. For those who supported the other well qualified candidates, I hope you will give me the opportunity to prove my ability to be fair, hard working, and non-partisan over the next four years.
I would also like to remind you to take a moment to observe Veterans Day tomorrow, Monday, November 11th. North Castle’s American Legion Post 1097 located on 35 Bedford Road in Armonk, will hold its annual Veterans Day Service at 11:00AM. Although the first Armistice Day was proclaimed by President Woodrow Wilson on November 11th, 1919 to honor those who died in World War I, in 1947 it was expanded to celebrate all veterans, not just those who died in World War I. North Castle has countless men and women who have over the decades served our country. Let’s remember them and honor them on Veterans Day.
As we approach in the next two months the various holiday celebrations, I wish you and your family all the best, and look forward to 2014.
Sincerely,
Barbara DiGiacinto
Schiliro Celebrates North Castle Supervisor Win | Armonk Real Estate
Michael Schiliro is now the man in charge in North Castle.
With 100 percent of precincts reporting, Democrat Schiliro, a councilman, defeated incumbent Republican Howard Arden to become North Castle Town Supervisor, 56 percent to 44 percent.
The Republican majority of Arden and council members John Cronin and Diane Didonato-Roth had governed the town over the past two years. Arden and Cronin were defeated, and Didonato-Roth was defeated in a primary in September.
“It feels great,” Schiliro said. “Campaigns are always a lot of hard work but they are enjoyable because you get to meet so many people. It’s a real privilege and honor to serve the town and to be chosen supervisor by the people of North Castle.”
Schiliro said residents were concerned about the financial health of the town and the lack of civility at meetings.
“Residents can expect a respectful government and a civil atmosphere,” Schiliro said. “Nobody will be talking over each other. We have cohesive board that will make well informed decisions. We’ll disagree, like a full functioning board should be doing. I’m looking forward to it.”
Arden blamed his loss on residents disapproving of the Brynwood Golf and Country Club’s development proposal. Brynwood is proposing 88 luxury condominium units for older adults.
In Sept. 2012, Arden, Cronin and Roth voted to accept Brynwood’s environmental review while Schiliro voted against it.
“You have to maintain integrity,” Arden said. “They have a right to present their application. We had never gotten to the point of making a decision. At the end of the day, it’s more important to maintain character and be fair and open.”
Arden said he plans to take a break from town politics.
“I put a lot of time and effort into it and the results were outstanding,” Arden said. “There shouldn’t have even been an election if you look at the results. I had two great years, the town is in the best financial and quality of life shape it’s ever been in.”
Republican Barbara DiGiacinto and Democrat Barry Reiter were elected to the town board with each getting 28 percent of the vote. Democrat Jose Berra had 22 of the vote, while Cronin had 21 percent of the vote.
Patricia Colombo ran unopposed for receiver of taxes, while Republican Douglas Martino defeated Democrat Linda Napolitano for town justice
http://armonk.dailyvoice.com/news/schiliro-celebrates-north-castle-supervisor-win
Barbara Corcoran, ‘Shark Tank’ star, says rejection helped build successful real estate career | Armonk Real Estate
Straight D’s in high school, 20 jobs before she was 23, and a $1,000 loan from a boyfriend — who would have thought that the woman with this resume would become one of the most successful real estate entrepreneurs in the world?
At the California Association of Realtors Expo last month, Barbara Corcoran, founder of the Corcoran Group and star of TV’s “Shark Tank,” shared important insights that can help every Realtor who is struggling with their business and/or their personal life. Here are three of the most important points that she shared: 1. Make the most of what you’ve got Each of us has different strengths. Corcoran shared a story about when she was working as a waitress.
Apparently, one of the other waitresses was very well endowed and had an unorthodox style of serving food that had almost all the men sitting in her section. When Barbara turned to her mother for advice about how to attract more male customers to her counter, this was her mother’s advice: “If you don’t have big breasts, put ribbons on your pigtails.”This later became the title of her best-selling book that highlighted many of the key lessons that she learned from her mother.
The point is that the way you compete is by doing what is unique and authentic to you, not by trying to be something that you’re not. 2. “I’m great at failure”Corcoran’s life story is filled with failures: Straight D’s in school and 20 jobs before age 23 says it all. Corcoran’s life changed, however, when Ramone Simone sat down at her counter.
She immediately fell in love and set her sights on marrying him. Simone and Corcoran started a small real estate company. The company was beginning to do well when Simone announced he was in love with the company’s secretary and intended to marry her. It took Corcoran 18 months before she cut the ties because she couldn’t envision herself in business without him.
After they finished splitting the business assets, Ramone’s parting words are what spurred Corcoran to her success: “You will never succeed without me.”Her response was, “I would rather die that let him see me fail.”
– See more at: http://www.inman.com/2013/11/07/barbara-corcoran-shark-tank-star-says-rejection-helped-build-successful-real-estate-career/#sthash.RCwa3T7E.dpuf
Homebuyers more likely to use real estate agents, even as Internet usage hits an all-time high | Armonk NY Homes
Use of the Internet among consumers in the homebuying process continues to grow, but those buyers are more, not less, likely to use a real estate agent, according to an annual survey from the National Association of Realtors.
NAR’s 2013 Profile of Home Buyers and Sellers includes survey responses from 8,767 people who purchased a home between July 2012 and June 2013. The seller information in the report is from those buyers who also sold a home.
For those who purchased a home during that time period, the highest share ever – 92 percent — used the Internet to search for a home, up from 90 percent in last year’s survey and 71 percent in 2003.
Source: National Association of Realtors.
Just over 4 in 10 buyers (42 percent) started the homebuying process by looking for properties online (up from 35 percent in 2011) followed distantly by those whose first step was to contact a real estate agent (17 percent). Online websites and agents tied as the most common information sources homebuyers used in their search with 89 percent using each. Yard signs followed at 51 percent.
– See more at: http://www.inman.com/2013/11/04/homebuyers-more-likely-to-use-real-estate-agents-even-as-internet-usage-hits-an-all-time-high/#sthash.Me4tRDgv.dpuf
1 in 6 markets back to normal, with smaller metros leading the way | Amonk Real Estate
Smaller metros are leading the way in the housing recovery, accounting for 43 of the top 50 markets on an index compiled by the National Association of Home Builders and First American Title Insurance Co.
The NAHB/First American Leading Markets Index (LMI) shows housing markets in 52 out of 350 metro areas have now returned to or exceed their prerecessionary levels of activity.
The LMI uses employment growth data from the Bureau of Labor Statistics, home price appreciation data from Freddie Mac, and single-family housing permit growth from the U.S. Census Bureau.
Source: nahb.org –
See more at: http://www.inman.com/wire/one-in-six-markets-back-to-normal-with-smaller-metros-leading-the-way/#sthash.td97cv0z.dpuf