Tag Archives: North Salem Homes for Sale
Fannie and Freddie streamline deeds-in-lieu | North Salem NY Real Estate
Large New York brokerage stops syndicating to Zillow and Trulia | North Salem NY Real Estate
Kitchens of Cooking Celebrities | North Salem NY Real Estate
They sing, they act and some of them even cook. While many celebrities are usually spotted dining out or confess to having private chefs, a small number of them say they love to play chef.
But who would blame them when their cooking space features high-end appliances, a deep farmhouse sink and extended counter space? We’re taking a tour through some gorgeous kitchens owned by celebs who actually use them.
Justin Timberlake and Jessica Biel
Who’s the cook in Justin Timberlake and Jessica Biel’s relationship?
The newlyweds actually share the kitchen duties, Timberlake told Jay Leno recently.
“She likes to cook. I like to bake … so dinner and dessert,” Timberlake said.
Perhaps the two share duties in his modern Manhattan penthouse. The sleek and minimal space has deep counter space and stainless steel appliances.
Emma Stone
For Emma Stone, cooking is both therapy and passion. She confessed recently that baking was one way she could manage her anxiety growing up. Stone’s boyfriend, actor Andrew Garfield, told Vanity Fair that the actress is also serious about some day opening a bakery of her own.
Might as well get some practice in! Her galley-style kitchen in her new Beverly Hills home has white tiled countertops, stainless steel appliances and a large sink with built-in drainboard.
Gwyneth Paltrow
In between acting and raising a family with Coldplay rocker Chris Martin, Gwyneth Paltrow runs the website goop.com, which is devoted to healthy living. The actress also recently published a cookbook entitled “My Father’s Daughter.”
The amateur chef likely needs a large space for preparing her meals, which is why her new home in Los Angeles is perfect. The spacious and modern kitchen has high-end appliances and a large island perfect for meal prep.
Matthew McConaughey
Texas-born actor Matthew McConaughey has long professed his love for Texas-style barbecue, stopping by Guy Fieri’s food show as well as sharing recipes with Rachael Ray.
Even now as he prepares for a role requiring a strict diet, McConaughey told US Weekly he’s been preparing a lot of rib-eye steak for his wife, Camila Alves.
The couple share a home in Austin with their two children. Not only does McConaughey’s home include a large kitchen, but it also has a back patio with great barbecuing space.
Taylor Swift
Taylor Swift has confessed that she loves to bake with her friends Selena Gomez and Emma Stone. She has plenty of kitchens spread across her homes in Nashville, and most recently Cape Cod, but we can imagine her spending time playing chef in her Beverly Hills home.
Her new California kitchen is a charming light-filled space with butcher block countertops and plenty of cabinet space.
Fiscal cliff worries may turn USD 10yr swap spreads negative | North Salem NY Homes
Worry about the pending fiscal cliff and its implications for the US sovereign rating are weighing on USD 10-year swap spreads and may be the catalyst that tips them into negative territory.
Swap spreads already tightened to zero following the Federal Reserve’s third round of quantitative easing launched in September before moving back into low single digits.
But it’s the fisal cliff, the pending tax increases and spending cuts that will automatically kick in in 2013 if Congress fails to agree on measures to avert them, that are now spooking investors.
“There are salient concerns over the sovereign credit rating, however I fail to see how an investor would take on the credit of a financial institution (via swaps) over that of the US Treasury (bonds) which negative rates would suggest,” said one swaps trader.
The swap spread is the difference between the swap rate, or the fixed rate of an interest rate swap, and the corresponding Treasury yield. An interest rate swap exchanges a fixed payment for a floating payment and is tied to the London Interbank Offer Rate, or Libor.
In normal conditions, the Treasury yield should be lower than its corresponding swap rate, as government debt is considered to be less risky than bank debt. When Treasury yields are higher than swap rates, swap spreads invert.
The typical catalysts for swap spreads are Treasuries, mortgage-backed securities (MBS) and bond supply. That relationship was demonstrated by the Fed’s QE3, as convexity selling occurred between Treasuries, swap spreads and MBS.
Fixed-rate mortgages are tied to the 10-year Treasury yield. When yields fall, mortgage rates drop in sympathy. However, MBS have negative convexity, which means they cannot rise in price rapidly enough to accommodate the drop in interest rates.
Negative convexity is due to the fact that borrowers have the option to prepay their loan and refinance at a better rate. That increased prepayment risk reduces the price gains and causes the convexity selling.
To smooth out duration, an MBS investor will purchase a longer-dated asset, such as a Treasury or swap rate, facilitating the tightening in swap spreads.
THE NEW NORMAL?
The decline in mortgage rates sparked by QE3 led to heavy selling in swap spreads. That pulled the 10-year spread to zero, although it moved back up by the end of September as MBS repriced.
The 10-year spread has plumbed briefly into negative terrain in 2009 and 2010. Other swap spreads, both USD and in other currencies have also inverted.
In fact, the 30-year swap spread went negative following pronounced selling in 30s in reaction to the Lehman collapse in 2008. The trade was not expected to persist for the long term, but four years later, it remains negative and is considered the “new normal.”
The 10-year swap spread is now expected to track a similar pattern as old worries resurface.
This week, Fitch reiterated its negative outlook on the US AAA rating and urged the government to quickly resolve the fiscal cliff, lift the debt ceiling and put a credible deficit reduction plan into place now that the presidential election is over.
“Failure to reach even a temporary arrangement to prevent the full range of tax increases and spending cuts implied by the fiscal cliff and a repeat of the August 2011 debt ceiling episode would mean that the general election had not resolved the political gridlock in Washington and likely result in a sovereign rating downgrade,” the ratings agency said.
Before the presidential election, the 10-year Treasury yield stood at 1.72% and the 10-year swap rate stood at 1.71%, according to the Federal Reserve website. That saw the 10-year swap spread briefly flirt with negativity.
That in turn suggests the market is pricing in a risk premium to Treasury debt over that of the interbank market.
Supply and demand are other factors affecting swap spreads.
“There has been a reasonably robust issuance calendar, therefore there is demand from hedgers,” the trader said. “I believe that a lot of the movement in spreads is attributable to this element.”
The Bank for International Settlements pegged the size of the interest rate swap market at around $442 trillion in aggregate outstanding in its June 2011 survey.
In the intermediate term, swap spreads will take their direction from the fiscal cliff scenario. If there is no resolution to the event risk, they will move wider as Treasury supply will be reduced.
However, many believe some compromise will be met which will result in some fiscal tightening.
US Home Values Post Big Gains, But Recovery Is Uneven Among Markets | North Salem NY Real Estate
Home values in the United States rose 1.3 percent in the third quarter — the biggest quarterly gain since 2006, according to the third quarter Zillow Real Estate Market Reports. The Zillow Home Value Forecast shows more growth, albeit slower growth, on the horizon with values increasing 1.7 percent over the next year.
However, the pace of the housing recovery is uneven from market to market. Home values are increasing rapidly in some areas. In the Phoenix metro, for example, values are up 20.4 percent year-over-year. But in other areas — such as the Atlanta metro, where home values declined 4.8 percent year-over-year — values continue to fall. But that doesn’t mean the recovery is in jeopardy.
“We’re likely seeing home values fall back into the negative range in some markets due to the close of the traditional home-buying season,” said Zillow Chief Economist Dr. Stan Humphries. “While that doesn’t mean the recovery has come off the rails — in fact, most markets have hit bottom — it does present a confusing environment for consumers. Looking forward, we expect to see home values bump along the bottom for some time, before increasing at a slow and steady pace.”
North Salem NY Homes for Sale | Economists Temper Expectations for Home Price Improvement
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North Salem Realtor Wants His Resume Noticed | North Salem NY Real Estate
7 Great Ways to Get Your Resume Noticed
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Getting your resume noticed is the first step towards a successful employment, and it may lay down the path of the rest of the recruitment stages. Sure, your working experience, skills and personalities may very well be the deciding factor as to whether you or the next candidate get employed or not. Yet, if you do not present your qualities in a coherent manner, the recruiter would not be able to objectively assess you as a suitable candidate. Sometimes, recruiters may be carried away by drudgery of work or deadlines and simply missed out a potential employee because the resume doesn’t look very different from the rest of the cohort. It would be such a waste.
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You need to create a resume that brings out the best of what you possess, and do it in such a way that it looks appealing enough to get their attention. Earlier on, I showcased an entry with some really exceptional resumes that are perhaps more fitting for graphic designing posts: Land Your Dream Job With 25 Innovative Resume Ideas. In this post, however, I’m giving some pointers for those who are more comfortable with the ‘traditional’ kind of resumes where the unspoken rule is to look professional. Even so, there are still ways to tweak and tune your resumes to make it unique and secure you that follow-up interview.
1. Avoid cliche words
After reading one resume after another, the HR personnel would probably get sick of a couple of reused words common among resumes. Words and phrases to describe your past work experiences such as ‘responsible for’, ‘successfully’, ‘developed’, etc, lost their meanings in the pile of seemingly similar resumes.
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If you wish to stand out and get chosen from that crowd, you’ve got to play around with unfamiliar wordings or phrasings. Do a simple search on the net and you can easily find power verb lists like this one from ResumeEdge.
Also equally important, you need to present evidence on what you label yourself as. Everyone had a different experience as to what leads them to call themselves ‘innovative’ or ‘team player’, for instance. It is these experiences which distinguish each individual candidate. Explain what you meant by being a ‘team player’ that you are. One example would be to say that you willingly sacrifice your interest for the good of the team in a particular project. The more specific you are, the more you can stand out from the rest.
2. Have an ‘adaptable’ resume
As much as possible, don’t send the same resume to every organization which you are applying for. It’s better to modify your resumes in accordance to the job requirements stated for the particular post. In other words, you should have a resume which ‘adapts’ to the situations. Now, how should you do that?
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First, you need to consider the format of the resume. When you list down your work experience and skills, should you use a functional or reverse chronological style?
A functional resume categorizes your work experience and skills by skill area of job function. For example, if you had worked under a variety of executive posts in the past, you might have amassed a substantial amount of experience in project managements, planning-related tasks and so forth. What you can do is you create headings such as ‘Project Management’ and ‘Planning’, and you list down in bulleted style the different accomplishments you have under the appropriate headings.
We are more accustomed to the reverse chronological style where we simply list down our work experience over the past decade or so, starting with the most recent one. The recruiter can easily read and comprehend how the candidate progressed in his or her career over time, and see what were the competencies gained through each stage of the progression.
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As you probably can tell, a functional resume allows the recruiter to easily assess the skill sets you possess, and is especially helpful if they are matched to the job requirements. This will be great for those who are making a career switch because they would have lack relevant work experiences pertaining to the new post. Yet, they will be able to single out specific responsibilities they held in their past jobs that are applicable to this post.
On the other hand, a reverse chronological resume would benefit those who sticking to their career path as they apply for the new post. This is because those previous posts would be deemed related in terms of job scopes to the current post you are applying.
Secondly, the resume should illustrate how you, as a potential employee, can help the organization with your skills and experience. Every organization is different when it comes to their vision, values and culture. You would need to do your research well enough to know how you can contribute to the organization, and sell that through your resume. By selling, I mean you need to know what they look for in a candidate, and show that you have those qualities.
3. Be Concise and Neat
When writing a resume, you can imagine that the person reading it has a really short attention span. If he or she reads for 20 seconds and don’t see any point reading further, your resume will be placed on the ‘rejected’ pile. This is understandable because they need to go through hundreds and hundreds of resumes like yours. This is why you will need to get to the point and captivate the recruiter enough to examine your piece.
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Writing on and on with chunks of words wouldn’t help the recruiter assess whether you are the right person for the job. If they need to pick out your skills and experience for you, then you have failed. You will need to help them do that by writing in bulleted style to enhance the readability. There’s no one specific format to follow for bullets, but just keep in mind that the purpose is to organize information about yourself clearly for them.
Given that recruiter has only that limited amount of time for each resume, do remember to keep your resume short. A rule of the thumb is to restrict it to two pages maximum. Well, you may have lots of things to say about yourself, but choose those stuffs which are especially relevant for the job. Pick words wisely, choosing those that strikes a balance between being overly cliché and being informative. When you are doing your editing, you will be surprise by how many words you can actually leave out without compromising your content.
4. Write a Career Summary/Objective
It will be time consuming for any recruiters to read every single resume in its entirety, so most of them would only browse through and pick out the main draw of your resume. Why not help them do that by having a career summary or objective at the beginning? That way, you can score point for consolidating your facts into a neat paragraph for clarity, and you can orientate the recruiter to areas which you wish to highlight.
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Some articles on resume-writing assert that career summary or objective may be outdated because employers are less interested in what you want to achieve in your career than what you can do for them. However, I believe that any job recruitment process involves two parties; the job applicant and the employer. A seasoned employer would recognize the importance of job-fit between the applicant and the job as a good predictor of future performance and company loyalty. A career summary or objective would allow you to voice out your aspirations so that the recruiter can assess whether you would belong in the company.
You can declare your own career goals, but at the same time, try to relate those to how you can contribute to the company. At the same time, highlight your past major achievements to the recruiter such that you can induce him or her to read further and discover more about you. And as always, try to keep it short, concise and straight-to-the-point.
5. Quantify Achievements Wherever Possible
If you are out there trying to catch the eye of the recruiter through your resume, you’ve got to include in details which would separate yourself from the rest of the crowd. You may be in charge of a team for a specific project in your previous company, but you need the numbers to back you up and strengthen your claims.
Instead of simply putting ‘Led a team in research project’, you should also say how many people were in your team, and what the output was in quantifiable amount. Now, the claim become much more complete when you write, ‘Led a team of 5 in research project which cuts down annual operational costs of company by $xxxxx.
You see, there are many people out there who can lead a team, implement programs or whatever. The only way to differentiate yourself is through the results of what it is that you do. Assigning numbers to these accomplishments ultimately translate into what you can value-add to the company you are applying for, and that’s what really appeals to recruiters out there.
6. Explain gaps
One of the things you can be sure that the recruiter would ask you in your interview are those gaps in your resume. If you make it to the interview, that is. To be safe, fill in the gaps for them even in your resume. Briefly explain why you were unemployed for a year or two, and what you did during those times.
If you simply leave the gap unaccounted for in your resume, it might give the recruiter the impression that you have something to hide, or that you didn’t check through your piece. It’s possible that rather than setting up an interview to find out what it was all about, the recruiter might just prematurely conclude that it would be a waste of time to do so. You wouldn’t want to take that chance with your dream company.
7. Integrate keywords of job post
According to CNN, 51% of all resumes are processed via a tracking system that works by detecting keywords. These keywords are chosen based on what the recruiters are looking for in candidates, and are usually found in the job advertisement itself. With the increasing number of online submissions of resumes, turning to such system is an obvious solution for the recruiter to effectively screen out candidates.
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As such, you as an applicant should do some research on your own to find out what qualities or skill sets are expected of candidates. Fortunately, this tracking system is likely to be only used at the early stages of screening, so all you need to do is make sure that you enter in the most basic prerequisites of the job.
Bonus: Visual appeals?
I’m sure that when most of you think of resumes, the first few things that come into your mind is that they have to be professional, neat and preferably in no-nonsense black-and-white. But if you are also hoping that yours would be able to be distinct from other resumes, you wonder if colors or visual appeals would make a difference.
Yes, it probably would, but you don’t want yours to stand out for the wrong reasons. In ‘Land Your Dream Job With 25 Innovative Resume Ideas‘, you see lots of really creative and out-of-the-box ideas for resumes, something that you would least expect from resumes. Like I said, if you are going for graphic designing jobs, you might consider those ideas to illustrate your designing capabilities. But if you are eyeing for a position which has little to do with graphics, I suggest you go conservative with visual appeals.
Now, what can you do to make your resume a little different? First of all, you have to remember that visual appeal has the primary purpose of facilitating the recruiter in reading the resume. It should not distract him or her. In fact, it should be used to accentuate keywords. So, bold or italicize your texts in areas which you want to emphasize.
If you do use colors, try to limit the range of colors that you use; it can get too distracting. Personally, I only use a light blue background and dark blue lines to segregate the various headings and sections. I applied them because it easily enables the reader to see where each section begins and ends.