Tag Archives: Chappaqua Homes for Sale

Chappaqua Homes for Sale

JPMorgan’s $13-billion settlement includes $4 billion allocated for consumer mortgage relief | Chappaqua Homes

JPMorgan Chase has agreed to a $13-billion settlement with the government over selling shoddy mortgage investments, ending a legal battle that signals a tougher stance against Wall Street wrongdoing.

The nation’s largest bank admitted to knowingly peddling the toxic securities that helped lead to the housing bubble and the worst financial meltdown since the Great Depression. The settlement is the largest made by any single American company in history.

California, slammed by 1 million foreclosures during the mortgage meltdown, will be a major beneficiary of the deal.

The agreement includes $4 billion to help homeowners in the Golden State and across the nation who were foreclosed on or who are struggling with their loans. California pension funds, which were big investors in mortgage securities, will receive nearly $300 million in damages to cover losses to the retirement accounts of state employees and teachers.

For the Justice Department, it was a much-needed win. Critics have lambasted the government for not doing enough to hold banks accountable for financial chicanery that helped trigger a global recession.

“Before the crisis, Big Brother was asleep on the couch,” said Mike Mayo, a banking analyst at CLSA in New York. “Now Big Brother is coming back with a vengeance.”

JPMorgan has long contended that the government’s case against it was unfair because many of the problem mortgage securities came from investment bank Bear Stearns Cos. and thrift Washington Mutual. JPMorgan purchased those crippled institutions at the depths of the financial crisis at the urging of the federal government.

Jamie Dimon, JPMorgan’s chairman and chief executive, said the bank was “pleased to have concluded this extensive agreement” that covers a “very significant portion” of its legacy mortgage problems.

 

 

http://www.latimes.com/business/la-fi-jpmorgan-doj-deal-20131120,0,1814328.story#axzz2lCdeUPPK

 

Major changes proposed to the King Street and South Greeley Avenue intersection | Chappaqua Real Estate

Two engineering firms presented concepts for how to improve downtown Chappaqua during a recent New Castle Town Board work session.

The companies responded to a request for proposals (RFP) from the town and came with plans to improve infrastructure and streetscapes, hoping to be selected.

The first company to present at the work session, held Nov. 6, was WSP, which is located near by in Briarcliff Manor. David Weiss, a representative from the company, touted the fact that it has employees of varying specialties – he remarked that everyone is “under one roof” – and its close location. He also noted that the WSP has done similar projects and has a record of coming in under budget.

WSP’s team went through existing problems that the hamlet has, including worn pavement to traffic back-up during peak activity. The scope of its review includes North Greeley Avenue, South Greeley Avenue and King Street.

The WSP proposal, which is in the conceptual phase, was fairly detailed. It calls for eliminating left-hand exit turns from Woodburn onto South Greeley Avenue during peak evening time and instead diverting the traffic to Washington Avenue, where it would then turn onto the main road.

Notably, the intersection of King Street, South Greeley Avenue and North Greeley Avenue would become an “all-stop” intersection, with drivers having to stop once they come down the King Street hill. The intersection would also lose its right-turn slip lane, which would be filled in, and would become a “T” intersection. To make up for the removal of the slip lane, and extra lane would be added to the northbound side of South Greeley Avenue. The intersection would also get stamped concrete pavement and stamped concrete crosswalks, with a fourth crosswalk added so people can cross South Greeley.

The project also calls for bump-out spaces, which have the effect of calming traffic, at the intersection of South Greeley and Senter Street, and at the corner of King Street and North Greeley Avenue. On the infrastructure side, WSP described assessing water and sewer operations, along with some water main replacement and sewer repair. Additionally, it includes adding a water fountain on the triangle at the intersection of South Greeley and the Route 120 bridge.

The company also addressed disruption to the business community, suggesting measures ranging from use of a precast concrete driveway apron to doing test pits to avoid conflicts with utilities.

The second firm to present was VHB, which has a presence in White Plains. A representative touted its assortment of services, including civil engineering and landscape architecture, noting that everything is under one roof and it is a “coordinated and efficient approach.”

Its presentation promoted pedestrian safety, walkability and lighting. Among the principals stated for street usage, were that pedestrians will cross at convenient spaces, that narrow streets can calm traffic and that crossings should be short.

Matthew Carmody, a VHB representative, discussed taking a “complete” streets approach, which involves involving the area from building to building and taking what is called a zonal approach. The firm would do simulation for traffic and phase construction to help merchants.

A concept presented by VHB also shows improving the intersection of South Greeley Avenue, North Greeley Avenue and King Street. It also includes filling in the slip lane but does not add a new right-hand turn to replace it. A fountain would be placed in the plaza area created by eliminating the slip lane, while marked crosswalks would be in all four directions at the intersection.

The proposals are of the town board’s latest effort to improve the aesthetics of the downtown. Previous studies included the 2003 Vollmer Associates Report, a 2007 report from Project for Public Spaces and a 2008 conceptual project from Pouder Design Group. Details on previous work are available on the town’s website at this link.

One conceptual overview – it was called the Chappaqua Hamlet Vision Plan – included two projects that have since been completed, such as construction of a new gazebo and a reconstruction of the South Greeley Avenue parking lot in 2011. It also included doing work in the area currently under consideration.

 

 

 

http://chappaqua.patch.com/groups/politics-and-elections/p/firms-vie-for-downtown-chappaqua-overhaul

 

 

 

 

Talking a Big Game About Energy Efficiency | Chappaqua NY Homes

American homeowners may say that they prioritize energy-efficient home improvements, but their actions show otherwise, according to a new Shelton Group survey. The company’s annual Energy Pulse study finds that while homeowners say energy efficiency has a huge effect on their investments, they consistently prioritize more aesthetically focused improvements, such as a kitchen or bathroom remodel.

 

Is it true, as a Time magazine senior editor recently asserted, that we just don’t care about climate change? Or is it that we’re just not aware of the gulf that seems to exist between our intentions and our actions?

It seems we think we’re doing well in terms of prioritizing energy efficiency. After all, the Energy Pulse study found that 81 percent of respondents said energy efficiency would have somewhat to very much of an impact on their selection between two homes. This seems in line with other industry studies, such at the NAHB’s “What Buyers Want” study released earlier this year, which found that homeowners are more likely to pay 2-3 percent more for a home with energy-efficient features, and research from the University of California, Berkeley, that found homes sold with Energy Star, LEED, or GreenPoint rated labels commanded an average price premium of 9 percent. Sounds great, right?

Yet, the Energy Pulse survey reports that when hypothetically given money for a home improvement project, homeowners consistently prioritized a kitchen or bathroom remodel. On the upside, replacing windows came in second, and HVAC or furnace replacements came in third in terms of priority. But still: 55 percent of respondents were likely (with 19 percent of those saying “very likely”) to make non-energy efficiency improvements to their homes in the near future. In contrast, the overall average likelihood for energy efficiency improvements in the same time period dropped to 12 percent.

Does income play a role in this? Perhaps. Energy Pulse reports that higher income homeowners (defined as those earning more than $100,000) were 13 percent less likely to prioritize energy efficiency than those earning less than $25,000. That seems like a no-brainer: paying your electricity and gas bills hits your wallet a lot harder when it’s not as full.

Tapping into another can of worms, there seems to still be a misconception on the issue of cost in general: 44 percent of survey respondents said energy efficiency improvements are “too expensive.” This raises a slew of other questions, such as whether respondents are calculating payback periods and if they are, how they are doing so; and whether the challenge of properly valuing green home improvements is impairing investment. For more on these financial challenges, click here to read an essay from Robert Sahadi of the Institute for Market Transformation on how the home building industry must change its financial mechanisms, including those used for valuation, for green building in the years ahead.

 

 

http://www.ecobuildingpulse.com/energy-efficiency/talking-a-big-game-about-energy-efficiency.aspx?printerfriendly=true

NAR leaves list of MLS ‘basic services’ untouched | Chappaqua Real Estate

The National Association of Realtors (NAR) did not change its classification guidelines for MLS “basic services” at its annual conference, ensuring that, for at least the near future, multiple listing services (MLSs) may confidently charge all their members to operate public-facing websites — a practice that has riled some large brokers.

Asked of his reaction to the committee meeting, Craig Cheatham, CEO of The Realty Alliance, said that public-facing sites should be switched from “basic” to “optional” in NAR’s MLS service classification guidelines “immediately and without hesitation.”

“Giving the committee and the board of directors the benefit of the doubt, they simply must not understand the stakes of what they have done and the direction they continue to head,” Cheatham said. “Our conscience is clear. We have sounded the alarm loud and clear. We were optimistic for progress, but actions speak volumes.”

In an announcement that has kindled anxiety among MLSs, Cheatham recently announced that The Realty Alliance is planning to roll out an unspecified “big initiative” to address some brokers’ concerns with MLSs.

Some brokers have clamored for NAR to remove public-facing websites from a list of examples of services that it considers reasonable for MLSs to choose to offer as “basic services” — MLS services that all members are required to pay for in their dues — ever since NAR added them to the list in May.

The inclusion of public-facing sites in a list part of MLS Policy Statement 7.57, “Categorization of MLS Services, Information and Product,” allows MLSs to force their members to pay for a service that can compete with their own websites, those brokers say.

 

 

 

– See more at: http://www.inman.com/2013/11/11/nar-leaves-list-of-mls-basic-services-untouched/#sthash.utywKTka.dpuf

Realtors forecast flat sales, rising prices | Chappaqua Real Estate

Home sales will hold steady next year, but prices will continue to rise due to a low supply of homes for sale, the National Association of Realtors predicts.

Flattening home sales will mark a sharp reversal from the past two years in which existing home sales increased from the year before.

But the lack of income growth, higher home prices and rising interest rates will weigh on sales, says Lawrence Yun, the trade group’s chief economist, speaking at the NAR annual conference here Friday.

Median home prices, currently about $200,000 for the U.S., will rise 6% next year after an 11% gain this year, Yun says.

The existing home inventory is now near a 13-year low.

“The inventory shortage will not go away,” Yun says, noting that new home construction is still far from historic levels.

While rising home prices will entice more people to sell homes, many of those people will also buy homes, Yun says. New home construction is what’s needed to expand inventories.

Markets with stronger job growth will do better next year that those without. Some of the best-performing housing markets next year will likely include Salt Lake City, Houston, Denver, Seattle, Tampa and Atlanta, Yun says.

Coastal California markets are likely to continue to experience inventory shortages given good job growth in many of those markets and little new home building.

Home sales could get a boost next year if lenders loosen home loan-lending standards. That would expand the pool of potential home buyers.

Lenders may do that given a dropoff in refinance demand. Refinance volume will fall next year to a 15-year low, Yun says. That’s largely because interest rates have been below 6% for five years and there are not many people with mortgages left to refinance.

By the end of 2014, NAR forecasts the average 30-year fixed mortgage rate will hit 5.4%. Rates will rise as the Federal Reserve pulls back on the stimulus measures it has used since 2008 to keep rates low and stimulate the economy.

 

 

http://www.usatoday.com/story/money/business/2013/11/10/realtors-home-sales-outlook/3476517/

Chappaqua NY Weekly Real Estate Report | #RobReportBlog

 

Chappaqua   NY Weekly Real Estate Report11/8/2013
Homes for sale92
Median Ask Price$1,156,000.00
Low Price$380,000.00
High Price$24,750,000.00
Average Size4101
Average Price/foot$369.00
Average DOM162
Average Ask Price$1,672,839.00

 

6 Ways to Grow Your LinkedIn Connections | Chappaqua Realtor

Are you looking to grow your LinkedIn network?

Do you want to improve your chances of connecting with people via LinkedIn?

In this article, you’ll find six tips for successful networking that will help you avoid common mistakes that can damage your professional reputation on LinkedIn.

What’s Different About LinkedIn?

Unlike social media platforms such as Facebook and Twitter that accommodate both personal and business uses, LinkedIn is a social network built strictly for business.

From the appearance of your profile to how you manage relationships, the people on LinkedIn expect professional behavior from you at all times.

As you build your network, it’s important to know what’s appropriate and what’s considered bad LinkedIn etiquette.

Here are six tips:

#1: Show People Your Business Side

You only get one chance to make a first impression, so make it count. If you use an unprofessional image for your profile photo, you may never get a chance to recover your reputation.

Your LinkedIn profile image should show you in your best professional light. Use a head shot with a clean background, a smile and a clear view of your eyes. Think of how you would present yourself at an event thronging with prospects and use an image that does the same, online.

Always use an appropriate profile image.

 

#2: Skip the Keyword-Stuffing

The first thing many people do when they receive your connection request is look at your profile. And if your profile is stuffed with repetitive or irrelevant keywords, there’s a pretty good chance that they won’t connect with you.

Too many keywords make your profile look suspect.

Yes, you must optimize your LinkedIn profile with relevant keywords so you’re found in search results, but there is a big difference between keyword-optimizing and keyword-stuffing.

Instead of using a large number of vaguely relevant words to show up in hundreds of search results, choose three or four top keywords you want to be associated with to make sure you show up in search results when people are looking for exactly what you offer.

 

 

http://www.socialmediaexaminer.com/successful-linkedin-networking/

Mortgage rates last month reached two-year highs | Chappaqua Real Estate

Mortgage rates last month reached two-year highs, reducing affordability at the same time prices rose. With some would-be buyers pushed to the sidelines, the pace of recovery in real estate is cooling

How to apply PR strategies to improve your company’s SEO | Chappaqua Realtor

Public relations and SEO have always been destined to converge.

PR is about building relationships with media professionals and key influencers to help increase a company or individual’s visibility and profile; SEO is an iteration of that relationship. The only difference is that we operate in the digital sphere, and we measure these relationships through links, social signals, and other trust indicators. In the past, many SEO strategists focused on building a high volume of low quality relationships to get their company’s names out to the Web. Times have changed.

As Google’s ability to distinguish the quality, intent, and relevance of a link improves, SEO strategists need to start thinking more like PR professionals. Rather than “manufacturing” and “building” links, the SEO process should be more about the cultivation of key human relationships, and reacting effectively to real-time PR opportunities.

What can we learn?

PR has always been a multifaceted discipline. The techniques that PR professionals use to generate positive press are numerous and diverse. That said, there are three key areas of crossover that, if mastered, will help us all learn from the PR experts and improve your company’s SEO.

1. Content, content, content

This should come as no surprise since content has been one of the fundamental pillars of traditional PR for years. If you create content that is topical, timely, and can spark an interest in your target audience, it will get picked up.

So, what types of content can you use to create opportunities for positive PR, and what SEO value do they have? Do photos on a GMB listing really matter? Sure, we should be posting slideshares, videos, images, and blog articles provide outreach to our target audience. To be honest, most people are getting pretty good at it now. The key factor when you are planning and producing your content is to always think about the PR opportunities it might be able to create.

Teatown Lake Reservation | Chappaqua NY Homes

Teatown Lake Reservation
October 24, 2013                                                                                  Like us on FacebookFollow us on TwitterFind us on PinterestView our videos on YouTube

All programs require pre-registration. 

To register call 914-762-2912 x 110 unless otherwise noted.

Click here for more of Teatown’s upcoming programs.

 

Visit Teatown

1600 Spring Valley Road
Ossining, NY 10562
914-762-2912
Nature Center hours:
9:00am-5:00pm everyday
Trails are open 365 days a year from dawn to dusk.

Teatown Lake Reservation’s mission is to conserve open space and to educate and involve the regional community
in order to sustain the diversity of wildlife, plants and habitats for future generations.

Your donation can make

an immediate impact to help

conserve and protect the

diversity of wildlife, plants

and habitats…

today and into the future.

 

Like us on FacebookFollow us on TwitterFind us on PinterestView our videos on YouTube
In Teatown’s Gallery
Through December 31

Natural Light
Teatown Area Photographs by
Berl Brechner

Berl Brechner, an area resident for over 35 years, presents 30 scenes from nearby that he has captured,  most of them from trails, nooks and crannies of Teatown Lake Reservation. Much of the exhibit has been created with a relatively simple digital camera, with special attention to form and light.  All photographs are for sale, and all proceeds will be donated to Teatown Lake Reservation.

It’s a Bad Rap! Sunday, October 27, 1:00- 2:00pm
Some animals always get a bad rap – they’re maligned and misunderstood. Come see how animals like snakes, bats and spiders have a positive role to play in their environment. All welcome. Free for members, $5 for non-members.
Tech After Hours
October 26, November 2 & 9, 9:00am- 1:00pm
A special weekend series for teens, called “Ecology,” for those interested in working in environmental science is being offered by Putnam Northern Westchester BOCES and is being held at Teatown. In this course, learn and participate in hands-on exploration of several ecosystems including lake, stream and forest. The course will build students’ knowledge of science research and give them an opportunity to explore and learn about the field of ecology

Ages 12- 15.

 

Register here 

If you have questions, contact Gerry Battista, School Counselor, at The Tech Center. 914-248-2220

FOCUS ON NATURE Series
Through October 29
Jacob Burns Film Center

Fall and Winter Thursday, October 24, 7:30pm

 

Matt Anderson spent five years driving across the US searching for answers to the country’s ecological and other problems- and was stunned to find many creative people devising ingenious new strategies for the future. With breathtaking images, Fall and Winter is a hypnotic, disquieting voyage into our contemporary crisis that also charts a way out again.

Antarctica 3D: On the Edge Tuesday, October 29, 7:00pm
Filmmaker, adventurer, author, and oceans expert Jon Bowermaster (SoLa: Louisiana Water Stories) joins us for a discussion featuring film clips about his extraordinary experiences in Antarctica while kayaking the coastline and filming for National Geographic, followed by a first preview of his dazzling new 40 minute 3-D film about climate change in Antarctica. With absolutely extraordinary images, the likes of which you have never seen before.

Click here for more details about the series.

This series is presented by Jacob Burns Film Center in partnership with Teatown Lake Reservation and Scenic Hudson and made possible through generous support from the Hoch family and the van Hengel Family Fund.

 

Teatown Members may purchase tickets for any of the films in this series at the JBFC member price.
Reap the rewards of being a Teatown Member!
Join today at  teatown.org
Earth Art After School

October 25, November 1, 8, 15, 22, 3:30- 5:30pm
Kathryn W. Davis RiverWalk Center,
Kingsland Point Park, Sleepy Hollow
Children recharge after school while exploring the Hudson River and its

shores with wonder, shared discovery and creative expression time. In this Nature, Art and Science program, children are encouraged to develop observation skills, create art with natural materials, and learn about native plants and animals. Through art, they learn creative problem solving skills and enjoy teamwork with new friends. Ages 8- 12.
To register contact Strawtown Studio at (845) 558-0877, strawtownstudio@gmail.com or online at strawtownstudio.com
OSSINING IN 3D

Art Exhibition
On display through October 26, 2013

Teatown Participates in App for Ossining 3D Walking Tour:

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A walking tour app for the art exhibition, Ossining 3D, is now live and available free of charge at the iTunes app store-click here.  When you download the app you will find audio recordings for each of the artists who donated sculptures for the exhibit.  At the end of the walking tour you will see a link to an audio about Teatown with directions to our preserve.