Tag Archives: Lewisboro NY Realtor

Lewisboro NY Realtor

Why to Put Your Tub in the Shower | Cross River Real Estate

Putting your bathtub in the shower may be an unexpected idea, but it’s a solid one and a growing trend in bathroom design.
Sure, it looks great, but what does it mean from a practical standpoint? For one, kids (and grown-ups) can splash all they want in the tub without having to worry about water damage or a mess. Two, the right tub model can double as a great shower bench or spot to perch your leg on while shaving.
Curious if this will work in your new bathroom? Take a look at these examples and learn what questions to ask your contractor before implementing this design.

modern bathroom by Elemental Design, LLC

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Waterproofing is vital in these installations. Your bathtub will have a 1½- to-2-inch drain line that will need to travel through your shower’s waterproofing materials.
Tubs in general are awkward and a pain to hook up, so there are a lot of factors to consider here. For example: Will your tub’s anti-tipping brackets poke through your shower membrane? This is a good question to ask your builder.
modern bathroom by Sean O'Brien Architecture

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If this modern tub were a tub shower, it’d be pretty difficult to waterproof because it’s designed as an undermount tub. Clean-lined tubs like this usually don’t have edging that connects the tub with the wall’s waterproofing. Placing the tub inside the shower means the entire area is waterproofed, and it actually simplifies the room’s design.
Tip: A typical shower’s glass door and fixed panels can cost up to $2,000. I like how this shower-tub combination has a single wall panel and no door. A simple design change like this can dramatically reduce the cost of your new bathroom.
Some tubs are a challenge to get into for people with knee or hip issues. If this is the case for you but you still want a tub, a combination like the one shown here can help with accessibility. This barrier-free shower allows for a tub, but the shower itself can still be used for years and years to come.
Tip: If you plan to wash your kids in the tub, place the shower fixtures so they can be used in both the tub and the shower to make things easier.
A built-in tub like this is actually much easier to install than a freestanding one. Waterproofing behind and under tubs with little wiggle room can be difficult, so I always suggest that clients install tubs like this, for practicality and cost savings.
Tip: Make sure your walls are waterproofed up to a height of 6 feet in your shower and tub area’s primary wet zone. Waterproof the walls at least 18 inches above the tub lip in a bathtub without a showerhead.
contemporary bathroom by Altereco Design

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There’s plenty to love about this shower. For starters, the tiny ledge along the wall on the right is a great way to accommodate a smaller tub in a bigger space, while adding extra storage.
The floor outside the tub is actually graded back to the shower, so everything drains with ease. This is a true wet room, and it looks great.
http://www.houzz.com/ideabooks/3149263/

Housing communities suffer from influx of renters | Cross River Real Estate

There are a growing number of people renting houses instead of buying since they cannot obtain a mortgage under today’s tougher standards. But due to the influx of renters, housing communities are facing the adverse effects of renter’s disconnect, according to CNBC:

“When there are fewer homeowners, there is less ‘self-help,’ like park and neighborhood cleanup, neighborhood watch,” said William M. Rohe, a professor at the University of North Carolina at Chapel Hill who has just completed a review of current research on homeownership’s effects.

Even conscientious landlords and tenants invest less in their property than owner-occupants, he said. “Who’s going to paint the outside of a rental house? You’d almost have to be crazy.”

                    Source: CNBC

Goldman Sachs’ DIY Outlook Hinges on Housing Recovery | Cross River Real Estate

Rising home prices stand to benefit home-improvement retailers, especially Lowe’s, although investors may have to wait until second-quarter results are out before they see meaningful acceleration, Goldman Sachs said in a new research report.

For now, first-quarter strength will likely be shrouded by unfavorable weather comparisons after a much colder-than-normal period following a more-mild-than-usual first quarter of 2012.

Recent economic data point to a sharp uptick in prices with the median price for a home resale rising the most since 2005 and the S&P/Case-Shiller indexshowing the best annual increase for single-family home prices since May 2006.

Play Video
Housing: Bubble Watch With Trulia
Jed Kolko, Trulia chief economist, reveals the results of its latest report on housing and credit, explaining that they found in most of the country, “prices are below “their fundamental value.”

Both of these are correlated to increases in do-it-yourself same-store sales trends, Goldman said. The firm also talked with private remodeling firms in five different markets in the eastern half of the U.S. to gauge the health of the housing environment.

“We heard consistent feedback that reinforces our expectation of strengthening sales in remodeling-oriented categories, and for larger projects,” the report said. “Note that all of these players—like most pros—source only a small part of their materials for big box retailers, but these sales are certainly rising, and to the extent that they are representative of the broader market, they bode well for overall demand.”

Analysts also noted that the ratio of residential improvements to gross domestic product remains lower than its level a year ago, with upside of 10 percent until it returns to its historic average.

Even with these sharp rises, home prices have further room to run, said Jed Kolko, Trulia’s chief economist. Currently, 91 of the 100 largest metro prices remain below their fundamental values, according to the company’s analysis.

“Right now, prices are still actually 7 percent undervalued relative to fundamentals,” he told CNBC’s “Squawk Box.” “That’s even with the big price increases we’ve seen over the past year.”

Citing rising home prices and discussions with remodeling firms, Goldman raised its 12-month price target on Lowe’s to $46 with a “buy” rating and upped its target forHome Depot to $81 with a “neutral” rating. Home Depot, it noted, already has a premium valuation and near-peak margins, while Lowe’s margins are well below its historical peak levels.

A separate report from Oppenheimer was also bullish on the two home-improvement retailers with “outperform” ratings on each. The housing market recovery is likely to propel consumer spending for the foreseeable future, driving both home-improvement sales and home-goods sales, its analysts said.

 

 

Goldman Sachs’ DIY Outlook Hinges on Housing Recovery.

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.

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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. 

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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.

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Lewisboro Winter Community Calender | Lewisboro NY Real Estate

Community Events

Check the Weather Forecast

Tree

Parks Brochure

Community Events

County Parks

Facilities

Seniors

 

2010 WINTER COMMUNITY EVENTS

 

 
 

 

4th ANNUAL LEWISBORO WINTER CELEBRATION
Join the Parks & Recreation Department for a fun filled evening. There will be music, refreshments, lights and a special visit from Frosty & Friends. Dress warm & be ready to have fun & be amongst friends & neighbors. Please bring a canned or non-perishable food item which will be donated to the local community center to help our neighbors during the holiday season.
DATE:
Monday, December 6 , 2010
 
WHERE:
Town Park, Route 35, South Salem – Please park in the main lot. Festivities will be held in the lot between the pool and ballfield.
 
TIME:

6:30 – 7:30 p.m.

 

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SANTA CLAUS LETTERS
(December 1st – 17th)
Youngsters, 8 and under, are
encouraged to write to Santa
Claus to express their holiday thoughts
and wishes. Santa’s special mailboxes
will be available at the Recreation
Office, Vista, Cross River and the South
Salem Post Office’s from December 1st
through December 17th. Santa and his
helpers put special care into answering
each letter. Please make sure that you put
your complete name (first and last) and
address on each letter.

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BREAKFAST WITH SANTA – COSPONSORED BY THE LEWISBORO LIONS CLUB
Youngsters 8 and under are invited to this very special event!Children will enjoy a light breakfast while watching a special show that has been planned. Santa will be there to greet each child and Mom and Dad will have plenty of opportunities to photograph Santa with their child.
DATE:
Saturday, December 11, 2010
 
WHERE:
John Jay High School Cafeteria
 
TIME:
9 – 11 a.m.
 
NOTE:

1. All children must be accompanied by a parent or guardian

2. As admission to this event, each child is aske to bring an unwrapped gift not to exceed $7.00. These gifts will be distributed to a needy children’s organization.

3. Don’t forget your camera/camcorder!

4. All reservations will be accepted on a first come, first served basis. Registration is limited.

 

 

 

Mortgage Bankers Report Foreclosures Are Falling in Lewisboro | Lewisboro NY Real Estate

Fewer homes are falling into foreclosure, the Mortgage Bankers Association reported Thursday. 

The percentage of homes that entered some stage of foreclosure in the third quarter fell to 13.52 percent compared to 14.42 percent in the second quarter in part because of state and federal investigations into procedural errors, the bankers said. 

Mortgages more than three months overdue also fell during the third quarter to 8.7 percent of all loans, down from 9.11 percent in the second quarter. 

The bankers say it is too early to know whether this represents a positive trend because once the foreclosure investigations grind to a halt, foreclosure activity will pick up.  

Elizabeth Duke, a Federal Reserve Board governor, testified that the Fed expected about 2.25 million foreclosure filings this year and in 2011, and 2 million in 2012. “They will remain extremely high by historical standards,” Duke said in a prepared statement. 

Source: The New York Times, David Streitfeld (11/18/2010)

NAR Article

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