Tag Archives: Chappaqua Homes for Sale

Chappaqua Homes for Sale

Luxury Bunker on Hawaii’s Big Island Hopes For $26.5M | Chappaqua Homes

 

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Location: Ninole, Hawaii Price: $26,500,000 The Skinny: Picture a tropical paradise, where a beautiful stream busily works its way down the flank of a huge volcanic cone, snaking through a lush stand of trees before tumbling down a cliff into the ocean far below. Now picture a four-story reinforced concrete bunker, complete with helicopter pad, waterslide, and Olympic-size pool, plopped down at the edge of that cliff, and there you have Water Falling, an crazily baroque compound that reads like a cartoonish mixture of Syndrome’s lair and the dino DNA lab in Jurassic Park. Just how baroque is Water Falling? While some luxury homes may be content with merely boasting a helipad and a waterfall, this 8,100-square-foot manse on Hawaii’s Big Island dials the ostentation up to 11 with a glass elevator, a golf course, an elevated basketball stadium, and a high-dive platform. Water Falling is asking $26.5M, but bargain hunters (and Bond villains) should be aware that the manse faces the auctioneer’s gavel on March 22 in a no-reserve, highest-bidder-wins auction.

 

http://curbed.com/archives/2014/02/28/luxury-bunker-on-hawaiis-big-island-wants-265m.php

What $3,200/Month Can Rent You Around San Francisco | Chappaqua Real Estate

 

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↑ In the Excelsior, $3,200 a month will fetch you a three bedroom single-family home, complete with tiered backyard (that’s in need of some TLC). The spacious living room has a decorative fireplace and parquet flooring, and while the kitchen doesn’t have the latest and greatest stainless steel appliances and fancy cabinetry, it’s still charming and has an eat-in area. There are two bedrooms on the main level, and a lower room behind the garage that’s being advertised as another bedroom. Small pets are negotiable and there’s laundry on site.

 

http://sf.curbed.com/archives/2014/02/25/what_3200month_can_rent_you_around_san_francisco.php

The Housing Market Is Plunging. Is It Time to Panic? | Chappaqua Real Estate

 

The bottom just dropped out of the housing market. Or, at least, that’s what a report released this week by the government suggests.

According to the Commerce Department, the number of housing starts — new residential construction projects commenced during the month — plummeted by 16% in January compared to December.

It was the worst monthly decline in almost three years. The only recent month that even comes close was April of last year, when housing starts fell by 15%.

The general opinion is that unusually cold and snowy weather caused the dramatic decline, as many of the East Coast’s biggest cities have been bombarded by snowstorms since the beginning of the year.

According to the Associated Press, “U.S. home construction fell in January for a second month, but the weakness in both months reflected severe winter weather in many parts of the country.”

Yet, this appears to tell only half of the story, as housing starts in the hardest-hit region, the Northeast, actually increased by 62% compared to December. It was the Midwest that suffered the biggest blow, where new home construction fell by a staggering 68%.

“While we believe the weather did impact construction activity, we think this is just part of the story, as the new construction slowdown was more broad-based,” an economist at BNP Paribas wrote in a note to clients.

 

 

http://www.fool.com/investing/general/2014/02/23/the-housing-market-is-plunging-is-it-time-to-panic.aspx

Wash. state housing prices up 6 percent from year ago | Chappaqua NY Real Estate

 

The state’s housing market softened in the fourth quarter of 2013 compared to the quarter before, but remained stronger than a year ago.

That’s according to a new report from the Runstad Center for Real Estate Studies at the University of Washington.

Sales of existing homes declined 8.6 percent from the third to the fourth quarter of 2013. But they were still 9.2 percent higher than the fourth quarter of 2012.

The report says the statewide median home sales price during the fourth quarter was 6 percent above a year ago at $256,300. Price increases were especially strong in the metropolitan Seattle area.

Median home prices ranged from $70,000 in Lincoln County to $421,000 in King County.

 

http://www.komonews.com/news/local/Wash-state-housing-prices-up-from-1-year-ago-245218321.html

NAR: Rising home prices infringe affordability | Chappaqua NY Real Estate

 

The vast majority of metropolitan areas continued to experience strong year-over-year price growth in the fourth quarter, the latest quarterly report by the National Association of Realtors revealed.

However, a companion metro area annual affordability report pictures less favorable conditions, especially in the West.

The median existing single-family home price rose in 73% of measured markets, with 119 out of 164 metropolitan statistical areas recording gains based on closings in the fourth quarter compared with the fourth quarter of 2012.

In addition, forty-two areas, 26%, had double-digit increases, two were unchanged and 43 recorded lower median prices.

There are two ways of looking at the price gains, Lawrence Yun, NAR chief economist, said.

“The vast majority of homeowners have seen significant gains in equity over the past two years, which is helping the economy through increased consumer spending,” Yun said.

“At the same time, home prices have been rising faster than incomes, while mortgage interest rates are above the record lows of a year ago. This is beginning to hamper housing affordability,” he added.

On Monday, HousingWire reported on Yun’s remarks at the alabama Commercial Real Estate Conference after he noted that it feels like America is still in a recession.

“Looking at the economy, last year was overall a sub-par performance with 2% GDP. That is below the historical norm of 3% and it’s been several years of under 3% growth,” he added.

 

 

http://www.housingwire.com/articles/28920-nar-rising-home-prices-infringe-affordability