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Tag Archives: Bedford Hills Luxury Homes
Classic Scarsdale Colonial With a Recent Redo Asks $16.5M | Bedford Hills NY Homes
Location: Scarsdale, N.Y. Price: $16,500,000 The Skinny: Colonial Revival architecture may have long ago been demoted to being the go-to style for designers of Midwestern housing developments and exurban strip malls, but this elegant Scarsdale manse harks back to an era when Doric columns and sheltering porticoes were, briefly, the height of fashion. Built in 1914 and owned by one family since 1953, the home recently benefited from a much-needed redo during the Designer Showhouse of Westchester charity event, which thoroughly de-frumped the place (see these before and after shots for all the gory details) and showed that yes, a Colonial home can be adapted to modern tastes. Décor aside, the mansion ticks all the proper Neo-Classical boxes: Palladian-style windows, a porte-cochère at the main entrance, and a grand dining hall are all present and accounted for, not to mention a conservatory and 10-foot-high ceilings. Besides the 12-bedroom, 11-bathroom main house, the 3.75-acre estate also includes a pool and an unusual combination five-car garage/two-bedroom guest cottage/greenhouse, for which the owners are asking $16.5M.
http://curbed.com/archives/2014/02/03/classic-scarsdale-colonial-with-a-recent-redo-askss-165m.php
When Is the Best Time to Buy a Home? | Bedford Hills NY Homes
Friday is last day to sign up for early ‘.realtor’ domain notifications | Bedford Hills NY Real Estate
Members of the National Association of Realtors have until Friday at midnight to sign up for “priority registration” of their own “.realtor” domain name.
NAR will provide a free “.realtor” top-level domain for one year to the first 500,000 members who apply for a .realtor domain that incorporates their name. Members who file a “priority registration” request by Jan. 31 will receive an advance email notification that will provide information on how they can claim their .realtor domain with their name, one day prior to the domain’s general availability.
No specific date has been set for the general release. NAR says it will be “sometime this year.”
Only NAR members (agents and brokers), local and state Realtor associations, association multiple listing services, affiliated institutes, societies and councils, and other NAR-approved licensees will be able to register for the .realtor domain.
Source: RealtorMag
– See more at: http://www.inman.com/wire/friday-is-last-day-to-sign-up-for-early-realtor-domain-notifications/?utm_source=20140131&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.PAlD59L8.dpuf
Home Price Climb Returning to Average | Bedford Hills NY Real Estate
Home prices rose faster in the third quarter than at any time since 2006, but are expected to slow considerably in 2014, according to data released Thursday by Corelogic.
Indeed, pending home sales data from the National Association of Realtors, also released Thursday, came in weaker than expected, showing a decline of 8.7% vs. the previous month. Consensus estimates were for just a 0.3% drop.
Corelogic expects the pace of home price increases to slow to 4.2% nationally through the third quarter of 2014, close to its long-term annual average of 4.5% recorded since 1975.
According to the Corelogic data, prices rose nearly 30% in Las Vegas and in several California cities, while Detroit also saw a near-20% jump. Gains in Northeastern cities such as Philadelphia and Hartford were around 3%.
“Investor demand and sales of foreclosed properties are dropping quickly,” said CoreLogic Case-Shiller economist David Stiff. “This is especially true in states that were caught up early in the bubble and have non-judicial foreclosure proceedings, such as California and Arizona. In these states, inventories of bank-owned properties are close to being cleared. Non-investor demand, although increasing, will not replace demand from investors.”
Home prices across the U.S. were 17% above the trough reached in the fourth quarter of 2011, but they are still 23% below the peak reached in the first quarter of 2006, Corelogic concluded.
Chinese Homebuyers Thronging Sydney Make Mini-Bubble Frenzy | Bedford Hills Real Estate
Tina Ford, an Australian public servant, said she could hardly believe it when her three-bedroom apartment sold this month for A$1 million ($877,000) at an auction in which all 16 registered bidders were ethnic Chinese.
“I’m over the moon, I’m gobsmacked,” said Ford, 53, adding that she “would have been ecstatic with A$940,000” and didn’t expect to double what she had paid 14 years ago for her third-floor unit with a balcony 11 kilometers (7 miles) from downtown Sydney in the suburb of Chatswood. “I suspect that overseas investment, Chinese or otherwise, is certainly pushing prices up, but from a vendor’s perspective, I’m ecstatic.”
Such buying by locally resident Chinese and those from mainland China is inflating housing bubbles in and around Sydney, where prices in some suburbs have surged as much as 27 percent in the past year. That’s almost three times faster than the overall market.
Many of the neighborhoods with the biggest price gains “are areas that are popular with Chinese buyers,” said Andrew Wilson, senior economist at real estate data firm Australian Property Monitors. “Some of these suburbs are seeing price growth that we haven’t seen in Sydney since the early 2000s.”
The proportion of foreigners purchasing new homes in Australia more than doubled to 12.5 percent in the three months to September, from 5 percent throughout most of 2011, according to a survey of more than 300 property professionals by National Australia Bank Ltd.
What we value in U.S. is not the same as in other countries | Bedford Hills Homes
How does marketing to and negotiating with U.S. clients differ from working with global clients? Understanding the difference and adapting your style can dramatically improve your income in 2014. Global buyers and sellers continue to be a growing segment of the U.S. real estate market. A critical step in serving this market is being able to identify the unique cultural needs of your clients. The next step is to adjust your marketing and negotiation style to fit their cultural background.
The reptilian always wins Psychologist and marketing specialist Clotaire Rapaille’s research shows that the brainstem, rather than the cortex, has the greatest influence on buying decisions. This area is sometimes known as the reptilian brain. It lacks words, yet it regulates virtually all of your vital functions.
When you can discover what motivates a person’s reptilian brain, you greatly increase the probability of making a sale. As Rapaille puts it, “The reptilian always wins.” In other words, the brain’s desire for food, comfort and other basic needs outweighs the logical decisions made in the cortex.
– See more at: http://www.inman.com/2014/01/27/my-home-is-my-castle-4-tips-for-understanding-americans-unique-real-estate-needs/?utm_source=20140127&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.dOdsKWwH.dpuf
WordPress themes for real estate agents on a budget: 11 tips to get started | Bedford Hills Realtor
Flood insurance pits homeowners against taxpayers | Bedford Hills NY Real Estate
Q4 California Foreclosures Hit Lowest Mark in Eight Years | Bedford Hills Real Estate
The number of California homeowners pulled into the formal foreclosure process dropped to an eight-year low last quarter, the result of an improving economy, foreclosure prevention efforts and higher home prices, according to DataQuick. A total of 18,120 Notices of Default (NoDs) were recorded by lenders and their servicers on California owners of houses and condos during the October-through-December period. That was down 10.8 percent from 20,314 for the prior quarter, and down 52.6 percent from 38,212 in fourth-quarter 2012. Last quarter’s tally was the lowest since 15,337 NoDs were recorded during fourth-quarter 2005. NoDs peaked in first-quarter 2009 at 135,431. DataQuick’s NoD statistics go back to 1992.
“Some of this decline in foreclosure starts stems from the use of various foreclosure prevention efforts – short sales, loan modifications and the ability of some underwater homeowners to refinance. But most of the drop is because of the improving economy and the increase in home values. Fewer people are behind on their mortgage payments. And of those who do get into trouble, many, if not most, can sell and pay off what they owe. Also, those who are underwater and close to slipping into foreclosure are far less likely to give up their homes now that appreciation has returned to the housing market. There’s a strong incentive to hang on,” said John Walsh, DataQuick president.