Tag Archives: Bedford Hills Homes for Sale

Bedford Hills Homes for Sale

Housing starts rise back above 1 million | Bedford Hills Real Estate

 

Housing starts are released jointly by the Census Bureau and the Department of Housing and Urban Development. Analysts use the information to anticipate future production for homebuilders, future demand for raw materials, and labor costs. This data will even affect the forecasts for home-related retailers, like Lowe’s and Home Depot.

 

Housing starts cover the number of privately owned housing units that started in a given period. For multi-family units, each individual unit is considered a housing start. If there’s a lot of multi-family construction happening, then housing starts can become elevated, and investors must take care not to read too much into the builders of single-family homes.

Both single-family and multi-family starts increase

Housing starts rose from an upward-revised 975,000 to 1,052,000. Multi-family starts were 423,000 in July—an increase from the 318,000 pace in June. Single-family starts increased from 606,000 to 656,000. Single-family starts have been much more stable than multi-family starts and have shown a steady rise.

 

 

read more….

 

 

http://finance.yahoo.com/news/critical-predictor-housing-starts-rise-202711095.html

New signs the housing market is approaching normal? | Bedford Hills Real Estate

 

More fresh reads on housing this week as an industry group reported applications for home mortgages rose last week — driven by refinancing demand — and home improvement retailer Lowe’s came out with second quarter earnings, lowering its outlook on sales for the year.

Yahoo Finance Editor-in-Chief Aaron Task in the video above points to a “dichotomy in the housing market” as evidenced by the data from the Mortgage Bankers Association, which showed a seasonally adjusted index of refinancing applications up 2.7% last week but a gauge of applications for home purchases falling 0.4%. The MBA points out a recent interest rate drop pushed mortgage rates lower.

In addition, with Lowe’s (LOW) reducing its sales forecast just a day after rival Home Depot reported better-than-expected earnings and raised its guidance, Task says there’s “something for bulls and bears alike” in the data. Task contends the difference between Lowe’s and Home Depot’s (HD) performance is likely retailer-specific versus reflective of the housing sector.

The bulls are also bolstered by data out Monday showing new home construction rose sharply in July to its highest level in eight months. The Commerce Department reported housing starts rose 15.7% to 1.09 million homes, beating expectations for 963,000.

 

 

 

read more….

 

 

http://finance.yahoo.com/news/from-lowe-s-lowering-forecasts-to-the-uptick-in-refis–why-the-housing-market-is-approaching-normal-144631941.html

New rentals surge in Brooklyn and Queens | Bedford Hills Real Estate

 

With Manhattan rents continuing to rise, Brooklyn and Queens experienced a surge of new rentals during the month of July, according to Douglas Elliman’s monthly rental report. In Manhattan, the median rental price last month rose 5.4 percent to $3,205, its highest July level in six years, according to the report, which was released today.“Anyone who is looking for an apartment is really not getting a deal,” said Luciane Serifovic, executive vice president of rentals for Douglas Elliman. In Queens and Brooklyn, she said, “Tenants are pushing back and seeking apartments elsewhere because probably they have more opportunities with some of the new development buildings.”In Manhattan, the average rental price in July was $4,022, a 5.2 percent increase from the prior year period.

Meanwhile, the number of new rentals increased 7.2 percent to 4,938, a reflection of the busy summer season. And the vacancy rate dropped to 1.82 percent – the lowest July vacancy rate in five years – while the listing inventory dropped 4.4 percent to 5,690 available units. Not surprisingly, the percentage of rentals with landlord concessions was “nominal,” falling 1.6 percent, the lowest in two years, said Jonathan Miller, president of Miller Samuel and the author of the Douglas Elliman report. In Brooklyn and Queens, median rents also continued to climb. Brooklyn’s rental prices in July were just $353 lower than Manhattan, down from $500 in June, and the median rental price rose 6.6 percent to $2,852. But the number of new Brooklyn rentals skyrocketed 127 percent to 892 – a reflection of tenant’s resisting the price increases sought by landlords at the time of renewal. Miller said the uptick in new rentals was bolstered by new developments.

Developments in Brooklyn and Queens tend to be rental buildings, while they tend to be condos in Manhattan, he said. In Queens, new rentals surged 136 percent to 203, and in particular, they did so in new development buildings. One out of four new rentals was located in a new building, according to the report. Overall, Queens’ median rental prices rose 10.5 percent to $2,646. –

 

 

 

See more at: http://therealdeal.com/blog/2014/08/14/as-manhattan-rents-rise-new-rentals-surge-in-brooklyn-and-queens/#sthash.QaBYpbfp.dpuf

 

 

 

Down Payments Go Up for First-time Buyers | Bedford Hills Real Estate

 

Fewer first-time homebuyers are finding a way to buy a house with a relatively low down payment as their options shrink and lenders’ down payment requirements rise.

From April through June 2014, about 67 percent of first-time buyers made a downpayment of 6 percent or less, down from 74 percent in 2009, according to the latest Realtor Confidence Index report from the National Association of Realtors.

One reason the average down payment is growing may be that more and more first-timers are choosing conventional over FHA financing, which requires only 3.5 percent down. Underwriting standards have been getting tighter (see More Loans Close Despite Tight Standards) and borrowers’ costs are going up. Tight underwriting standards are especially challenging for first-time buyers, who generally need mortgage financing with low downpayment terms, who may be paying off student debt, and who may have credit scores that are not top-notch . Cumulative increases in FHA insurance premiums over the past two years that translates to about $100 a month in additional out-of-pocket costs for borrowers also is also discouraging buyers from using FHA financing, according to Realtors participating in the survey. (For more on FHA’s cost increases, see First-time Buyers to Pay for FHA’s Cost Increases).

 

 

read more…..

 

http://www.realestateeconomywatch.com/2014/07/down-payments-go-up-for-first-time-buyers/

 

 

Mortgage foreclosures hit their lowest level since mid-2006 | Bedford Hills Real Estate

 

The number of homes facing bank auctions, default notices and scheduled auctions totaled 107,194 last month, down 16 percent from June 2013, according to RealtyTrac, a housing industry research firm based in Irvine, Calif. June’s total was the lowest since July 2006, the company said.

“Nationwide foreclosure activity in June reached an important milestone,” Daren Blomquist, a RealtyTrac vice president, said in a statement. “Over the next six to nine months, foreclosure numbers should start to flatline at consistently historically normal levels.”

The foreclosure numbers in Kansas and Missouri were mixed last month. Kansas reported 410 distressed properties in June, up nearly 33 percent from a year earlier. In Missouri, 946 properties faced foreclosure action, down nearly 43 percent from June 2013, RealyTrac said.

Through the first half of 2014, there were 613,874 properties nationwide with foreclosure filings, down 23 percent from the first six months of 2013.

Florida, Maryland, Illinois, New Jersey and Nevada had the highest foreclosure rates through the first half of 2014.

 

 

read more….

 

http://www.kansascity.com/news/business/article742736.html

 

Read more here: http://www.kansascity.com/news/business/article742736.html#storylink=cpy

 

Own a Modernist Home in an Architects’ Utopia for $1.4M | Bedford Hills Real Estate

 

 

26 images

This circa-1948 International Style three-bedroom was designed and inhabited by Norman and Jean Fletcher, two founding members of The Architects Collaborative, or TAC, which was started in 1945 when Bauhaus mainstay Walter Gropius teamed up with a group of young architects. The very rectangular 3,400-square-foot abode is part of the planned community of Six Moon Hill in Lexington, Mass., an early TAC pursuit that saw most of the founding partners (Gropius excluded) building houses and starting families on 20 bucolic acres they bought together. The Fletcher residence, which was last sold in 2013 for $1.34M, has the same flat roof, vertical wood siding, and walls of glass shared by the original Six Moon Hill homes, and also shares their communal commitment to keeping bedrooms small and shared spaces expansive. Back in 2004, one resident told the Boston Globe that “things have changed since the ’50s and ’60s, when everyone was running in and out of everyone’s houses.” But at least a decade ago, the socialist spirit of the place lived on in “great community traditions, like snowstorm parties.” The ask, for admittance into this Bauhaus-inspired American experiment? $1.398M.

 

 

 

read more…

 

http://curbed.com/archives/2014/07/07/own-a-modernist-home-in-an-architects-utopia-for-14m.php

Demolition Slated For Fire-Damaged Bedford Hills Home | Bedford Hills Homes

 

 

A fire-damaged house in Bedford Hills is scheduled to be torn down soon.

Bedford Supervisor Chris Burdick, in an interview, outlined the options, which involve the owner. Either demolition of the house must begin by Friday, June 20, or a postponement can be given if $125,000 in performance funding is posted and the owner signs an agreement.

Burdick cited possible injury and trespassing as problems at the structure.

The home was damaged by a three-alarm fire in January 2013, and several departments provided mutual aid, Daily Voice reported in the aftermath.

In a memo, Steve Fraietta, Bedford’s building inspector, outlined several issues and recommended that the house at 109 Stone Bridge Lane be demolished.

The listed owner of the property is Ryann McCarthy. He could not be reached for comment, although his attorney, a video of the Tuesday, June 17, Town Board meeting shows, said that his client began bringing equipment.

In the video, there was also discussion about the timeline possibilities. Addressing the paid extension option at the meeting, Burdick mentioned that the completion deadline would become Aug. 15. A condition of the demolition permit, Burdick explained at the meeting, was completion by July 15.

 

read more….

 

http://bedford.dailyvoice.com/news/demolition-slated-fire-damaged-bedford-hills-home

Down to Earth Farmers Market | Bedford Hills Real Estate

 

 

JAN2014-DTE-E-Mail-Masthead_(722x226pxl)FRESH-2-(1

New Rochelle Farmers Market Opens Tomorrow;
New Bread Varieties from Orwashers Bakery;
Berry Jams & Pies + MORE

June 19th – 25th, 2014

DowntoEarthMarkets.com
strawberries
What’s New, In Season, and On Sale This Week

Beets
Alex’s Tomato Farm
Fishkill Farm

Dill
John D. Madura Farm
Migliorelli Farm

Green & Purple Kohlrabi
Alex’s Tomato Farm

Grumpy Gonna Grump
An aged sour ale – exclusive to
farmers market customers!

#Freedom Craft Brewery

Kirby Cucumbers
Newgate Farms

Local Berry Jam
Honeybrook Farms


Mixed Berry Pies in 3 sizes
Meredith’s Bread


Moroccan Olive Bread
Orwashers Bakery

Obsession Ale
Their summer release

#Freedom Craft Brewery

Peas
Alex’s Tomato Farm
Newgate Farms

Rosemary Foccacia
Orwashers Bakery

Russian Raisin Walnut Bread
Orwashers Bakery

SoHo Sourdough Boule
Reg. $5.50; now $5.00!

Orwashers Bakery


Strawberries
Fishkill Farm
Migliorelli Farm
Wright Farm

Strawberry Cake (Erdbeertorte)
Christiane’s Backstube


Strawberry Rhubarb Pie
Regular and Gluten Free

Meredith’s Bread

Swordfish
American Pride Seafood

Tuna
American Pride Seafood

Yellow Squash
Alex’s Tomato Farm


Click on a Market to see all vendor and event details…

Westchester
County


Rockland
County


Ossining

Saturdays
8:30 am-1:00 pm


Larchmont


Saturdays
8:30 am-1:00 pm

Piermont

Sundays
9:30 am-3:00 pm

L
Croton-on-Hudson

Sundays
9:00 am-2:00 pm


Rye

Sundays
8:30 am-2:00 pm

Spring Valley

OPENING DAY: July 9th
Wednesdays
8:30 am-3:00 pm

Tarrytown/Sleepy Hollow

Saturdays
8:30 am-1:00 pm


New Rochelle

OPENING DAY: JUNE 20th
Fridays
8:30 am-2:30 pm


Headed to the city soon?

Visit a Down to Earth
Farmers Market in NYC!

Announcements
Croton

Happy Clearwater Music Festival, all! In the spirit of celebrating the bounty of the Hudson River Valley, Croton’s Down to Earth Farmers Market will be OPEN on Sunday, from 9:00 am to 2:00 pm.

Larchmont

This Saturday, our Music at the Market features local talent well-known to many: The Chatsworth Childrens Choir and both the Murray and Chatsworth Jazz Bands! All of the performers are students at Chatsworth Elementary School, ages 9 through 11. We look forward to hearing their songs and musical compositions from 10 am to 11 am.

New Rochelle – Tomorrow is Opening Day


We’re excited to begin the 2014 season! The market will offer an expanded selection of seasonal fruits and vegetables, pasture-raised meats, local honey, and baked goods. We’re located on North Avenue, at Huguenot Park, in front of New Rochelle High School. See you there every Friday, through November 21st, from 8:30 am to 2:30 pm.

For additional events, visit our Down to Earth Markets Event Calendar.

Stay tuned to all market happenings via our Down to Earth Markets Facebook page
and follow us on Instagram and on Twitter @DowntoEarthMkts.

Wood is Good and Thus Cheese is Delicious
Vulto_CheeseCave
Taking their savory time: the cheese cave at Vulto Creamery


In February, four of us from Down to Earth Markets took a day trip to visit Jos Vulto at his cheese making shop in Walton, NY. When we followed him into the cheese cave, it was like watching a sunrise together: Our group became quiet as we witnessed something beautiful. The room was small, cool, and fragrant. The walls were lined with shelves, and upon the shelves were rows and rows of cheese rounds, squatting like Buddhas in time immemorial.

Yet there is a specific time at work here. At Vulto Creamery, Jos crafts four varieties of cheese, and together they ripen into their flavors – or “age” – in the cheese cave for 2 to 9 months. They abide by their time on a specific material: wood.

Earlier this month, the Food and Drug Administration issued a statement that created a firestorm among cheese artisans (and those who LOVE them) across the country. The statement expressed concern that cheese makers don’t sterilize the wooden boards, and thus, they are potentially unsafe. The FDA’s words applied to both domestic and imported cheese, and the fear arose that this time-honored method of cheese making would be restricted.

The American Cheese Society came out with their response in about a minute: “For centuries, cheesemakers have been creating delicious, nutritious, unique cheeses aged on wood. Today’s cheesemakers – large and small, domestic and international – continue to use this material for production due to its inherent safety, unique contribution to the aging and flavor-development process, and track record of safety as part of overall plant hygiene and good manufacturing practices. No food borne illness outbreak has been found to be caused by the use of wood as an aging surface.”

The FDA soon “clarified” its statement and said that their recent notice had always been in place and did not amount to a change in policy. So for now – and for forever, in our opinion – wood is good.

As the imbroglio began to subside, we called Jos to get his opinion on the matter. “It all made me a little bit anxious,” he said, “but I knew it would be hard for them to hang on to a policy like no wooden boards. He added, “If I had to change my wooden boards, I wouldn’t know what to change them into. The boards are safe, as well as beneficial to cheese and financially viable for cheesemakers.”

As we wrapped up the call, a cooking analogy came up: Think of your most beloved cast iron skillet. With every meal, it gets seasoned. It also gets cleaned, but it doesn’t get sterilized. This cast iron skillet is a piece of our own kitchen heritage. Likewise, so are the wooden boards prized by cheese makers all around the world through centuries of their craft.

When the FDA issued its clarification of its original statement, the government body quieted the backfire for now. However, many people are concerned this issue could raise its head again. To vocalize your support of using wooden boards in the cheese aging process, Jos recommends signing this WhiteHouse.gov petition.

In the meantime, we look forward to savoring the fine work of Vulto Creamery and our other talented makers at the markets this weekend. You’ll find the whole list of cheese artisans on our website, under the vendor category of Eggs, Dairy, and Honey. We’re happy to say that there are many to choose from – enjoy!

Rotating* Vendors This Week
*Vendors who rotate through
various markets during the season.
They enjoy getting to know many communities, and here’s where to find them this week:

Croton-on-Hudson

Tuthilltown Spirits Farm Distillery

Larchmont

Flourish Baking Company
Hudson River Apiaries
Kontoulis Family Olive Oil
North Winds Lavender Farm
Pie Lady & Son
Trotta Foods

New Rochelle

e-Desserts (Freshly baked scones, cakes, and more!)

Piermont

Kontoulis Family Olive Oil
#Freedom Craft Brewery

Rye

Christiane’s Backstube
Lulu’s Southern Pies
Sisters Wicked Good Soap
Taiim Falafel Shack

Tarrytown

#Freedom Craft Brewery


Down to Earth Markets 173 Main Street Ossining, NY 10562 Phone: 914-923-4837
DowntoEarthMarkets.com

Drop $11K For July at Jonathan Adler’s Famed Beach Pad | Bedford Hills Real Estate

 

18 images

Retro, stylish, and owned by the prolific, “happy chic” Jonathan Adler, this Shelter Island beach retreat is newly on the rental market for $11K for the month of July. While the three-bedroom, 1,299-square-foot property has pretty much been featured by every single design publication on the planet, the latest batch of listing photos offer a peek at what the A-frame “modernist fantasy” looks like without the glossy, shelter mag treatment. Luckily for potential renters, though, it’s still impeccably decorated and loaded with such summer fête must-haves as a massive pool, a “ping pong deck,” and perfectly manicured grounds. Take a look:

 

 

read more…

 

http://curbed.com/archives/2014/06/02/rentjonathan-adlers-shelter-island-beach-house-.php

January Jones’ Home Eschews Avocado Appliances for Stainless | Bedford Hills Real Estate

 

Source: IMDb

Source: IMDb

As Betty Draper on “Mad Men,” January Jones seems at home in the mid-century suburbs. But the remodel of her Los Feliz Mediterranean home, now listed for $1.495 million, shows her personal style is more formal and contemporary.

Since buying the home for just over $1 million in 2009, the actress had a son, filmed several seasons of the hit AMC show and found time to completely remodel the kitchen in her 1920s gated home. And there is not a retro appliance or rotary telephone in sight.

The home at 4969 Ambrose Ave in Los Angeles was outdated when she bought it. The kitchen, in particular, had linoleum floors and a cramped space, prompting the Real Estalker to call it “a fixer.”

Jones added a Carrara marble island and a big stainless steel sink. She also updated the wood-burning fireplace and redecorated in a black-and-white palette. The formal, elegant 3-bedroom, 3-bath home is 2,200 square feet, with a pool table, hardwood floors and lots of windows.

 

read more…

 

http://www.zillow.com/blog/january-jones-lists-la-home-152020/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ZillowBlog+%28Zillow+Blog%29