Tag Archives: Bedford Hills Homes for Sale

Bedford Hills Homes for Sale

India Housing Bubble | Bedford Hills NY Realtor

Here are some interesting charts by Deepak Shenoy on the India Housing Bubble.

India home prices have been going up at a compound annual growth rate (CAGR) of 26% since March of 2009.

Mumbai and Delhi

India HPI 2

Mish Shedlock

Shenoy reports Mumbai is growing at a CAGR of 30%, and Dehli is up 47% from a year ago and 250% since March 2009.

Note the transaction volume in Delhi. Transaction volumes and prices are interesting in Bangalore and Chennai as well.

Bangalore and Chennai  

India HPI 3

Mish Shedlock

  

Shenoy has details on five other cities as well. Inquiring minds may wish to take a look.

He writes “While India as a composite country is not at a bubble stage right now, it’s important to note that various bubbles are building up in individual cities. If any of these bubbles worsens, then it is likely that other cities will follow. There are no un-correlated prices in a crisis.

I would suggest that India as a composite certainly is in a housing bubble. The overall HPI shows just that.

 

India Housing Bubble – Business Insider

 

 

India Housing Bubble | Bedford Hills NY Realtor | Bedford NY Real Estate | Robert Paul Talks Life in Bedford NY.

Reverse mortgage delinquencies surge | Bedford Hills NY Real Estate

Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.

A test prototype of the single-securitization platform for the secondary mortgage market is expected as early as next year, regulators said while speaking at the Mortgage Bankers Association’s Secondary Market Conference on Sunday.

This goal set forth by the Federal Housing Finance Agencyand the government-sponsored enterprises is to incorporate mortgage participants’ feedback into the prototype development, which will hopefully result into a platform creation that suits the industry’s needs, explained Tim Yanoti, senior vice president of securitization at Fannie Mae.

HousingWire Reporter Christina Mylinski has more on the securitization platform and will be covering the MBA Secondary Conference online Monday and Tuesday. You can follow Christina on Twitter: https://twitter.com/@ChristinaMlynskfor conference updates.

Of the almost 600,000 reverse mortgages outstanding, 9.8% are currently delinquent. This is an 8% increase from 2011, according to the U.S. Department of Housing and Urban Development.

The Wall Street Journal writes that delinquencies have increased in recent years as up to 70% of borrowers have opted for lump-sum payouts.

As concerns about defaults rise, the Federal Housing Agency recently discontinued a popular variety of fixed-rate reverse mortgages that paid the highest lump sums available through the program.

 

 

 

 

http://www.housingwire.com/news/2013/05/05

San Mateo County home prices hitting new highs, selling above asking | Bedford Hills Real Estate

After five years of declining home values, the Bay Area housing market is finally coming back. According to the real estate website Zillow, areas like Brentwood, Antioch and Richmond are still hurting with home prices as much as 66 percent lower than their peak values, but there’s a strong comeback in San Francisco and parts of the Peninsula like San Carlos and Palo Alto, and areas of the South Bay like Los Gatos.

In Belmont, the housing market is hotter than ever. One house is just over 1,000 square feet. It was listed for $725,000 and the winning bid came in at $100,000 above that.

A three bedroom home in San Carlos is about to go on the market, but don’t expect it to stay there very long. If recent activity is any indication, the house will sell fast and likely well over its asking price.

LinkedIn Removes its Best Feature | Bedford Hills Real Estate

I was beyond dismayed to receive an email this morning from LinkedIn, indicating that they are retiring their (in my opinion) best feature: LinkedIn Answers.

LinkedIn Answers is (was) a Quora-type question and answer forum, where business people could ask for advice in a variety of topical categories. In turn, professionals could answer questions in their area of expertise, which in my experience, was THE best lead-generating activity one could do on LinkedIn.

Why LinkedIn Answers was the Best

LinkedIn Answers was better than any question and answer forum on the web for several reasons:

1) Credibility: Nowhere else on the web can you get an answer to a question and immediately click through to review the person’s entire professional history. This provided an instantaneous and thorough way to evaluate the credibility of the advice given.

LinkedIn Answers also helped professionals add credibility to their LinkedIn profiles. The act of answering a question generated an activity item on one’s profile, which also showed up in the news feed of their connections. Additionally, after answering enough questions in a category, one could earn “Expert” status and be featured on the Answers homepage and in those categories.

2) Focus: The questions and answers being traded on LinkedIn Answers were about business. Although other question and answer sites have categories for business, there are none that are as business-focused and as widely used by business professionals in the world. Because of LinkedIn’s enormous worldwide presence, one could find an expert to answer even the most obscure/niche business questions through LinkedIn Answers.

3) Organization: Today’s LinkedIn email suggests asking questions in groups and via polls. This is highly ineffective for two reasons. First, groups are incredibly noisy places where people constantly try to promote themselves. In my experience, very little “real” discussion occurs in groups. Secondly, Polls have no categorization and are only viewed by connections. In LinkedIn Answers, I could ask my question in a specific category and get an answer from an expert in that category, regardless of whether I was connected to them or not.

4) Lead Generation: In the experience of my colleagues, clients, and myself, LinkedIn Answers was hands-down THE best lead generation tool on the site – perhaps even on the entire web. The psychological concept of reciprocity never failed me when I was answering questions on LinkedIn Answers. If I took the time to give a very thorough and helpful answer, the asker would nearly always write me back a personal message of thanks, and would often either ask to have a further discussion (hello, LEAD!), connect with me and follow me elsewhere (increasing my exposure to their network), and/or share my content with others (because it helped them so much). The “pay it forward” and “give to get” concepts that go along with answering questions on LinkedIn Answers never failed to get me leads and enhance my business presence on the web.

Irreplaceable Value

Where can I go for all of that now? Nowhere.

How LinkedIn Killed its Best Feature

LinkedIn greatly diminished the potential of its Answers feature by hiding it. It didn’t even have it’s own menu item in the site’s main navigation. One had to click on the “More” menu item at the far right to find it.

I kid you not, just last night I gave a presentation about LinkedIn to 27 business professionals, of whom nearly all were members of LinkedIn. When I asked who had heard of LinkedIn Answers, not a single hand went up. I then proceeded to tell them about the feature and show them examples of how it had produced leads for me. Many were beyond excited to try it.

I now have to message them all and tell them that LinkedIn decided to remove this incredibly valuable lead-generating tool, and that there is nothing on the web as nearly as relevant for business people as this forum was.

What Great Feature will LinkedIn Kill Next?

First they nixed the Events feature (which was GREAT for driving business people to events like seminars and webinars), and now they killed their best lead-generator.

What feature do you think they will remove next?