Passive Solar Design: Creating Sun-Inspired Homes – Green Homes – MOTHER EARTH NEWS.
Passive Solar Design: Creating Sun-Inspired Homes | Katonah NY Homes
Leave a reply
Tag Archives: Katonah Homes for Sale
Incredible Home Catwalks Make for Purr-fectly Happy Felines | Katonah NY Homes
Can home prices record 23 months of increases? | Katonah NY Real Estate
Home prices maintained their course and increased 11% in December 2013 compared to a year ago, recording the 22nd consecutive monthly year-over-year increase in home prices nationally, according to the latest December CoreLogic Home Price Index.
Month-over-month, home prices, including distressed sales, dipped by .1% in December compared to November.
Home prices, excluding distressed sales, jumped by 9.9% in December compared to a year prior and .2% month-over-month compared to November.
“Last year, home prices rose 11%, the highest rate of annual increase since 2005, and ten states and the District of Columbia reached new all-time price peaks,” said Mark Fleming, chief economist for CoreLogic.
“We expect the rising prices to attract more sellers, unlocking this pent-up supply, which will have a moderating effect on prices in 2014,” Fleming added.
Looking ahead, the HPI forecasts that January homes prices, including distressed sales, will increase 10.2% year-over-year from January 2013. But on a month-over-month basis, home prices are projected to dip .8% from December 2013 to January 2014.
http://www.housingwire.com/articles/28839-can-home-prices-record-23-months-of-increases
Some 86% of Banks Have not Relaxed Mortgage Lending Standards | Katonah NY Homes
Despite reports of banks relaxing requirements for getting a mortgage, some 86 percent of banks that originate residential mortgages have either not changed or tightened their lending standards, according to a national annual survey conducted by the Office of the Comptroller of the Currency.
Some 11 percent of banks said they had eased standards, up from 10 percent in 2012. Eleven percent said that they have tightened them up. Home equity loans also saw tighter standards.
The survey which concluded in June 30, 2013 and covered the previous 18 months, did not reflect changes in standards over in the past seven months. Ellie Mae reported median FICO scores for purchase and refi loan fell from 742 in June to 727 in December and median loan to value ratios rose from 80 to 82 percent.
The OCC found banks were relaxing underwriting for both commercial and other retail products at a faster pace than residential mortgages. Large banks as a group reported the highest share of eased standards. Want to get more information? The Atlantic Union Bank has a lot of information that can be very useful.
4 Things Real Estate Agents Want You to Know | Katonah Real Estate
Caretaking a Handsome Yonkers Foursquare | Katonah NY Real Estate
Berkshire Hathaway moves into local real estate market | Katonah NY Real Estate
US home prices dipped in Nov. on colder weather | Katonah NY Real Estate
U.S. home prices fell slightly in November as colder weather slowed buying, ending nine straight months of price gains.
The Standard & Poor’s/Case-Shiller 20-city home price index slipped 0.1 percent from October to November, partly reversing the previous monthly increase of 0.2 percent. But the index is not adjusted for seasonal variations, so the monthly decline partly reflects slower buying in the late fall as temperatures drop.
“November was a good month for home prices,” said David Blitzer, chairman of the S&P Dow Jones index committee. “Prices typically weaken as we move closer to the winter.”
Despite the overall decline, home values have continued to rise in many Sun Belt cities. Las Vegas, Los Angeles and Phoenix have registered 20 straight months of rising prices.
But home prices surged for much of 2013, driven by big gains earlier in the year. Prices have risen 13.7 percent over the past 12 months.
Dallas enjoyed its strongest annual gain since 2000. And Chicago home prices climbed at their strongest annual clip since December 1988. Among the cities in the index, only Detroit prices remain below their 2000 level.
http://finance.yahoo.com/news/us-home-prices-dipped-nov-colder-weather-140018478–finance.html
Water Main Break Shuts Edgemont Road In Katonah | Katonah Real Estate
A water main break in the downtown Katonah area Tuesday morning has caused Edgemont Road to be shut between Bedford Road and Katonah Avenue, Bedford Police said.
Police did not know how long the road would remain closed, saying it would be shut for “an extended period of time.”
The closure will affect passenger pick up at the Katonah Train Station. Passengers can be picked up in Commuter Lot 1 on Jay Street.
http://bedford.dailyvoice.com/news/water-main-break-shuts-edgemont-road-katonah-tuesday
Home prices show signs of topping out | Katonah NY Real Estate
Home prices are showing signs of topping out: The S&P/Case-Shiller index posted its first month-over-month decline in 10 months on Tuesday.
The annual measure of home prices still increased 13.7% in November, but that was only narrowly better than the rise posted in October.
The housing recovery was one of the stronger aspects of the economy last year, boosting household wealth and home construction.
But with mortgage rates climbing steadily since hitting record lows in May, it’s clear the housing recovery is starting to lose some steam.
“While housing will make further contributions to the economy in 2014, the pace of price gains is likely to slow during the year,” said David Blitzer, chairman of the index committee at S&P Dow Jones Indices.
But housing experts say that more modest price increases are probably a good thing for the housing market. The rapid increases of the last year are not sustainable, they said.
“Sellers used to seeing huge price gains month after month may feel some whiplash as that slows down,” said Stan Humphries, chief economist for sales tracker Zillow. But more modest price increases mean “the housing market is still a long way from normal, but it’s getting there.”