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Tag Archives: Bedford Luxury Homes for Sale
Lewisboro NY Parks and Preserves | Lewisboro NY Real Estate
Lewisboro is rich in natural areas and is a component of the biotic corridor. Two Westchester County Parks are on Lewisboro’s borders, and there are 6 town parks and several community preserves.
Ward Pound Ridge Reservation is Westchester County’s largest (4,700 acre) park. In addition to many trails, there are camping facilities and a Trailside Museum. The main entrance is on route 121 in Cross River.
Mountain Lakes Camp is a County park on the northern border of Lewisboro, with beautiful ponds and trails in the forest. The most popular trail leads to Look Out Point which is perched on top of a cliff overlooking Lake Waccabuc,Lake Oscaleta and Lake Rippowam.
Onatru Farm on Elmwood Road is one of Lewisboro’s preëminent parks and includes tennis facilities and playing fields as well as some town offices. This area also includes some walking trails.
The Lewisboro Town Park on Route 35 contains tennis courts, the town pool, ball fields, and outdoor basketball courts. When ice skating is available in winter, a sign is posted. There are also some walking trails in this park that connect to the adjacent Ward Pound Ridge Reservation.
The Leon Levy Preserve was acquired by the town in 2006 as open space. While some trails exist in this 370-acre (1.5 km2) parcel, as of 2008 additional horse and hiking trails are under development and parking is still limited.
The Brownell Preserve is 118 acres (0.48 km2) of forested land given to the town. It has a 2-mile (3.2 km) trail that loops past an overlook of Lake Katonah.
The Old Field Preserve was obtained in 2003, and contains about 100 acres (0.40 km2) of woods, wetlands, and sizable old fields (thus, the name). The meadows will be preserved to support the birds and animals that are dependent upon this increasingly rare habitat.
Fox Valley Park has a variety of sports facilities for the town, including very busy soccer fields, ball fields, and tennis courts.
See Walking Wild Lewisboro for information on park facilities and trail maps.
Governor Cuomo’s NYS Real Estate Tax Facts | Bedford NY Real Estate
Governor Cuomo promises to CAP real estate taxes because he believes they are too high.
Governor Cuomo’s NYS Real Estate Tax Facts: ( http://tinyurl.com/2ed83fo )
1. Property tax levies in New York grew by 73% from 1998-2008, more than twice the rate of inflation during that period.
2. New York has 2nd highest combined state and local taxes in the nation and the highest local taxes in America as a percentage of personal income, 79% above the national avarage.
3. The median property taxes paid by New Yorkers are 96% above the national median.
4. When measured in absolute dollars paid Westchester (1st), Nassau (2nd), and Rockland (5th) counties are among the 5 highest taxed in the nation.
5. When property taxes are measuredd as a percentage of home values over a 3 year period, the top sixteen counties in the nation are all in upstate New York.
Lewisboro Real Estate Prices Rising in 2010 | Lewisboro NY Real Estate | RobReportBlog
Taking a look at the Katonah-Lewisboro school district real estate prices over the last ten years we found median prices were rising until their peak in 2007. In 2008 and 2009 prices dropped. In 2010 the median price for a Katonah-Lewisboro school district home rose again.
2000 $502,000
2001 $595,000
2002 $647,500
2003 $675,000
2004 $750,000
2005 $749,500
2006 $790,000
2007 $815,000
2008 $730,000
2009 $617,500
2010 $690,000
Inventory is still high but the median price in Lewisboro shows a good increase in 2010.
7 Homes Burglarized in Bedford NY. | Bedford NY Real Estate
BEDFORD NY– Bedford, Pound Ridge, and Westchester County police were on the move today on the ground and overhead.
They were racing from one house alarm to another on Tuesday. Burglars in broad daylight robbed seven Bedford homes all in the same general
area. The thieves ransacked the homes, bypassed Christmas presents, and got away with jewelry, electronics and video game systems.
Particularly disturbing for authorities is the number of people who called police today saying they saw something suspicious on Tuesday.
“They were observed in several different areas. The same vehicle description, the same persons description. It would have been helpful to get that
information right away,” Lt. Jeff Dickan said.
Blizzard in Bedford NY | Bedford NY Real Estate
Bedford NY Snow Storm today!!
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Wish You A Merry Christmas
US Commerce Dept Reports November New Sales – Inventory At 40 Year Low | Bedford Corners Real Estate
New single-family home sales rose in November but to a lower- than- expected rate , a government report showed on Thursday, highlighting the weakness in the housing market even as the broader economic recovery gains momentum.
The Commerce Department said sales increased 5.5 percent to a seasonally adjusted 290,000 unit annual rate after a downwardly revised 275,000 unit pace in October.
Analysts polled by Reuters had forecast new home sales rising to a 300,000 unit pace in November from a previously reported 283,000 unit rate. Compared to November last year, sales were down 21.2 percent.
Housing remains mired in weakness against the backdrop of a 9.8 percent unemployment rate and high foreclosures. Data on Wednesday showed sales of previously owned homes rose last month but remained at depressed levels.
At November’s home sales pace, the supply of new homes on the market fell to 8.2 months’ worth from 8.8 months’ worth in October. There were 197,000 new homes available for sale in November, the lowest since March 1968.
The median sales price for a new home increased 8.0 percent last month from October to $213,000. Compared with November last year, the median price fell 2.7 percent.
Jude Law And Sienna Miller Buy $12 Million London Townhouse | Luxury Real Estate
Jude Law and Sienna Miller have plunked down $12,298,650 for a London townhouse, and perhaps a modicum of relationship stability following a relatively tumultous period. British actors Law and Miller met during the filming of Alfie in 2003, but split up in 2005 after Law began an affair with the nanny of his three children with former wife Sadie Frost. They each had their flings (Law had a fourth child with New Zealand model Samantha Burke), but eventually rekindled their romance.
Though not married, the couple’s new 5,092-square-foot home certainly represents something of a commitment. With four floors and a finished basement, the Georgian-style home has 7 bedrooms and 5.5 bathrooms. A small walled and gated courtyard leads into a grand reception hall that befits the home’s history, which dates back to 1820. Click to the jump for house photos.
Lewisboro NY Home Prices Will Be Flat Through 2015 | Lewisboro Real Estate
The recovery of housing prices will take at least four more years, according to a monthly survey of 110 leading economists and real estate experts, significantly longer than previously estimated.
Housing prices will rise only 7.2 percent by 2014 and the aggregate value of U.S. single-family homes four years from now will be roughly $1 trillion less than the economists projected in May, said Terry Loeb of MacroMarkets, the firm conducting the survey, which is based upon the projected path of the S&P/Case-Shiller U.S. National Home Price Index over the coming five years.
”For the first time, in this month’s survey, our panelists provided their expectations through 2015. Less than 3% of the panel expects negative change in 2015, and at +3.7 percent, the average of the forecasts for that year is slightly higher than the average annual rate of national home price appreciation that prevailed in the decade prior to the historic bubble. Yet, at +7.2%, the average projection of cumulative home price performance through 2014 reached its lowest point since survey inception for the second consecutive month,” said Robert Shiller, MacroMarkets co-founder and chief economist.
“The survey data we collected this year have consistently pointed to price stability in the intermediate- to long-term, which is reassuring in light of the volatility in actual home prices we have witnessed during the past few years. However, most experts foresee a longer road to recovery, and materially lower price performance in the coming years than they did just a few months ago,” said Terry Loebs, MacroMarkets managing director.
Since the third quarter of 2006, near the height of the housing boom, prices have fallen 28 percent by the third quarter of this year, according to the S&P/ Case-Shiller US National Price Index. The index rose 14.2 percent from the first quarter of 2009 until the second quarter of 2010, when the housing tax credits were in effect. The latest MacroMarkets Home Price Expectations Survey was conducted during the period December 1st through December 15th.