| Armonk NY Real Estate Report | RobReportBlog | ||
| 2013 | 6 months ending 7/5 | 2012 | |
| 36 | Sales | 39 | |
| $9,974,999.00 | median sold price | $847,500.00 | |
| $378,000.00 | low sold price | $350,000.00 | |
| $3,900,000.00 | high sold price | $9,300,000.00 | |
| 4364 | average size | 3832 | |
| $301.00 | ave. price per foot | $331.00 | |
| 226 | ave days on market | 214 | |
| $1,349,696.00 | average sold price | $1,414,097.00 | |
Looking for Independence Day celebrations and fireworks to attend? Check out our list of Fourth of July events in northern Westchester County.
Saturday, June 29
Wednesday, July 3
Thursday, July 4
To see more Independence Day events in southern Westchester County, click here.
See Northern Westchester’s Fourth Of July Festivities | The Mt. Kisco Daily Voice.
Well, recently it seems like a lot of bloggers fancy themselves as marketers. You can’t read a post on a blog without seeing a load of other bloggers commenting at the bottom, with a link back to their own site. Of course other bloggers use black hat SEO tricks and other shady tactics in order to drive traffic to their blog. Each to their own you might say, but at the end of the day life can be much, much easier.
If you publish blog content that’s truly awesome, everyone else will market your blog for you.
If you seem to spend half your life trying to promote your blog with your efforts never coming to fruition, now’s the time to stop. There’s a reason why things aren’t working out – and you can bet your bottom dollar that it’s the actual content in your blog posts.
Sorry to have to break it to you, but your blog posts suck.
Forget about Marketing: Concentrate on Blogging : @ProBlogger.
The inventory deficit that jump started the recovery is now filling up fast with new listings as home sellers get the message. But are just hastening the day prices slow down?
The current January to April year-to-year to date increase in the supply of existing homes is the third highest in nearly 30 years writes CoreLogic Deputy Chief Economist Sam Khater in the current issue of CoreLogic’s Market Pulse newsletter.
“How much further can the rapidly appreciating markets go?” he asked, noting that most states are currently close to their fundamental long-term price trends relative to long term inflation-adjusted trend.
Khater suggested that the “invisible lid that has been on supply” is in the process of being removed. A key factor has been the fact that more homeowners not only are above water but also have reached or exceeded their “reservation price”-the price lowest price at which an owner is willing to sell. “For homeowners with positive equity, the reservation price condition is met when their willingness to sell is at a higher price than the market currently supports.
Inventory Increases Threaten Price Appreciation | RealEstateEconomyWatch.com.
Greenwich middle school teacher Stacey Goodnow, 46, was accused of leaving a voice mail message to another teacher that she would “shoot up” her school because she was upset over a personnel situation, according to Norwalk police.
Goodnow, who lives on Melrose Avenue in Norwalk and is a sixth-grade teacher at Western Middle School in Greenwich, was arrested Friday and charged with misdemeanor disorderly conduct and was initially held on $100,000 bond.
According to Norwalk Police Lt. Thomas Mattera, Goodnow’s bond was lowered at Norwalk Superior Court on Monday to $5,000. She posted bond and was released.
Police said Goodnow left the voice mail earlier in the month, which prompted a report to Greenwich police. The Greenwich Police Department contacted the Norwalk Police Department because the call was placed from the suspect’s home, according to Mattera. The lieutenant declined to elaborate, but Goodnow is believed to have made more than one threatening call.
“Her alleged statements were annoying and alarming on several levels,” said Mattera.
The court put conditions on her release, such as staying away from the school district and school personnel.
Teacher Charged In Threat To Greenwich Middle School | The Greenwich Daily Voice.
A prominent Aspen, Colo.-based real estate broker is suing his former brokerage, saying he was recruited six years ago with a promise that he’d be made a partner in the firm that was never fulfilled, the Aspen Daily News reports.
Gary Feldman, who’s worked in the Aspen market since 1985, is now attempting to transfer clients and $80 million in current listings from Joshua and Co., which fired him, to another brokerage, BJ Adams and Co. Inc., where he now works. Source: aspendailynews.com.
– See more at: http://www.inman.com/wire/aspen-brokers-fighting-over-80m-in-listings/#sthash.MBsuIazE.dpuf
ARMONK, N.Y. – The North Castle Democratic Committee endorsed Michael Schiliro for Town Supervisor for the upcoming November election in this week’s top news.
In other top news this week:
Schiliro To Run For North Castle Town Supervisor Tops This Week’s News | The Armonk Daily Voice.
Home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. This change represents the biggest year-over-year increase since February 2006 and the 14th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 3.2 percent in April 2013 compared to March 2013*, according to the April CoreLogic HPI™ report.
Excluding distressed sales, home prices increased on a year-over-year basis by 11.9 percent in April 2013 compared to April 2012. On a month-over-month basis, excluding distressed sales, home prices increased 3 percent in April 2013 compared to March 2013. Distressed sales include short sales and real estate owned (REO) transactions.
The CoreLogic Pending HPI indicates that May 2013 home prices, including distressed sales, are expected to rise by 12.5 percent on a year-over-year basis from May 2012 and rise by 2.7 percent on a month-over-month basis from April 2013. Excluding distressed sales, May 2013 home prices are poised to rise 13.2 percent year over year from May 2012 and by 3.1 percent month over month from April 2013. The CoreLogic Pending HPI is a proprietary and exclusive metric that provides the most current indication of trends in home prices. It is based on Multiple Listing Service (MLS) data that measure price changes for the most recent month.
“House price growth continues to surprise to the upside with an impressive 12.1 percent gain year over year in April,” said Dr. Mark Fleming, chief economist for CoreLogic. “Increasing demand for new and existing homes, coupled with low inventory, has created a virtuous cycle for price gains, most clearly seen in the Western states with year-over-year gains of 20 percent or more.”
“The pace of the housing market recovery quickened in April as home prices rose across the U.S.,” said Anand Nallathambi, president and CEO of CoreLogic. “For the second consecutive month, all 50 states registered year-over-year home price gains excluding sales of distressed homes. We expect this trend to continue, bolstered by tight supplies and pent up buyer demand.”
Highlights as of April 2013:
Prices Rose 12 Percent in April | RealEstateEconomyWatch.com.
Real estate software company dotloop released a revamped version of its innovative real estate platform while simultaneously launching a full-featured mobile iOS app this week.
The re-tweaked and re-launched dotloop is designed to improve users connections with other professionals in the space while also linking them to every document and task needed to finalize a real estate transaction. The Cincinnati-based company unveiled the revamped platform at HousingWire’s Real Estate Expo (REX) Monday.
“The new dotloop represents an entirely new way of working that puts people first, not technology — what we call ‘peoplework,'” said Austin Allison, CEO of dotloop. “It’s not about features or functions, but rather people working better together. That’s the essence of successful businesses today, in real estate and nearly every other industry. And it’s why we completely redesigned dotloop to make it easier, faster and more enjoyable to do business with others.”
So who’s empowered in the dotloop network? Everyone. The platform allows clients, lenders, housing inspectors and other real estate professionals to work together at a rapid pace using the network’s various interfaces and workflows.
The platform provides direct access to essential real estate documents. Not to mention, a series of sequenced steps are integrated into the system to help users complete a transaction, taking them all the way from the disclosure process to the end of the deal.
All documents listed in the loop are private until shared with other parties. By using permission controls, users can easily modify their preferences.
The Mobile iOS app is another addition for users on the go, giving them a chance to log on remotely from any location.
“The new dotloop is an incredibly powerful platform that consolidates everything needed to get deals done more efficiently, while delivering a great experience that my agents and, more importantly, their clients love,” said David Jones, president and COO of Coldwell Banker Howard Perry and Walston.
“As a broker, I now have deeper visibility into every deal being conducted at the offices, and my agents have the tools they need to get the entire deal done, not individual pieces of the real estate puzzle. The new dotloop is a huge step forward for our brokerage, allowing everyone to focus on our No. 1 priority: our clients.”
dotloop launched in 2009 and has since grown to a user-base of 600,000 real estate professionals.
Users tap into the company’s cloud-based platform to get deals done faster while delivering a quality experience to tech-savvy consumers.
dotloop reinvents user experience, launches mobile iOS app | HousingWire.
With prices rising every week, lenders as strict as ever, interest rates rising, inventories at decade-low levels and competition for homes breaking their hearts, more and more buyers are reaching their frustration limits.
Two things most every buyer participating in the latest Redfin Real-Time Home-Buyer report agreed upon were prices are going to keep on rising and low inventories are a real pain. Forty-eight percent of buyers listed rising prices as a major concern, up from 40 percent last quarter. Sixty-five percent cited low inventory as a major concern in the first quarter, down slightly from 66 percent last quarter.
Twenty-three percent of buyers expect home prices in their area to “rise a lot” over the next twelve months, up from 22% last quarter; 57% expect prices to “rise a little,” the same as last quarter. Thirteen percent expect prices to “stay the same,” 5 percent expect prices to “drop a little,” and less than 1 percent expects prices to “drop a lot.”
When asked about “major concerns with buying a home this year,” the most common response was still “not enough good homes for sale,” at 65 percent in the second quarter. “General economic concerns” fell yet again, dropping from 19 percent last quarter to just 16 percent this quarter, while “prices are increasing in my area,” shot up from 40 percent last quarter to 48 percent in the second quarter.
Thus it’s no surprise that twice as many buyers believe now is a good time to sell as opposed to a good time to buy. The share of respondents who believe now is a good time to sell shot up again in the second quarter, rising to 67 percent from just 48 percent in the first quarter. Meanwhile, the share of respondents who believe now is a good time to buy fell yet again, decreasing from 40 percent in the first quarter to just 31 percent in the second quarter.
So are these hacked off buyers ready to throw in the towel and negotiate a long term lease with their favorite landlord? Not quite yet.
Looks like more would rather go deeper into debt. Recognizing prices are going to keep going up, 41 percent of buyers said they were “ready to pay more”-if they can get the financing. That’s actually an increase of 34 percent from last quarter. The percentage of buyers who are “taking a break” dropped again this quarter to 30 percent, down 2 percentage points from last quarter. Meanwhile the percentage of buyers who are expanding their search to new areas fell to 44 percent, down from 51 percent in the first quarter.