Tag Archives: Pound Ridge Luxury Real Estate

Palatial Post-Modern Estate by Michael Graves Asks $5.8M | Pound Ridge Real Estate

Have a nomination for a jaw-dropping listing that would make a mighty fine House of the Day? Get thee to the tipline and send us your suggestions. We’d love to see what you’ve got.

Location: Livingston, N.J. Price: $5,800,000 The Skinny: Looking for a home that combines the welcoming feel of a corporate campus with the homey decor of an airport hotel in a second tier convention city? Good news! This Michael Graves design in Livingston, N.J., has all those bases covered. From the faded tan exteriors to the teal blue walls of the indoor gym, the color palette of this seven-bedroom, seven-bathroom, 16,000-square-foot paean to corporatist post-modernism is spot on. The atrium will remind you of the lobby of your office building, the piano lounge will bring back fond memories of that time you spent a week in Oklahoma City on business, and the ubiquitous flat-screen TVs are just one part of the “exquisite appointments” the brokerbabble brags about. All teasing aside, the place brags some cool curved walls, huge windows, and a prime location “atop the highest point in [New Jersey’s] Bel Air.” Outside? A lawn, swimming pool, and jungle gym. The owners are asking $5.8 M for what the listing describes as a “must see for discriminating clients.”

Pound Ridge School Hosts Science Workshop | Pound Ridge Real Estate

Pound Ridge third- graders are invited to attend a hands-on science workshop that enables students to discover magnetism at the in the Pound Ridge Elementary School Bistro on Nov. 12.

Students will have the opportunity to experience transferring magnetism through water, wood and other media. In addition, they will use electromagnets to learn about other ways to make a magnet.

There will be three 90-minute sessions, 9 a.m. to 10:30 a.m.; 10:30 a.m. to 12 p.m. and 1 p.m. to 2:30 p.m.

The school is at 7 Pound Ridge Road.

 

 

http://mtkisco.dailyvoice.com/schools/pound-ridge-school-hosts-science-workshop

 

 

 

 

R.I. mortgage delinquency and foreclosure rates take a dip | Pound Ridge Real Estate

Rhode Island’s rates of mortgage delinquency, foreclosure and new foreclosure starts all fell less than 1 percent in the third quarter of 2013, compared with the second quarter, according to statistics released Thursday by the Mortgage Bankers Association.

Still, more than 1 in 10 mortgages in Rhode Island are either in foreclosure or behind in payments, well above historical norms.

Nationally, Rhode Island ranked 13th in delinquencies and 9th in new foreclosures started during the third quarter. The numbers come from the association’s quarterly National Delinquency Survey.

Rhode Island’s delinquency rate was 7.84 percent of mortgage loans, compared with a national rate of 6.67 percent for one-to-four-unit residential properties.

The delinquency rate includes loans that are at least 30 days past due, but it does not include loans in foreclosure. Rhode Island’s foreclosure rate in the third quarter was 3.25 percent, compared with a national rate of 3.08 percent.

For new foreclosures started during the quarter, Rhode Island’s rate was 0.75 percent, while nationally, that rate was 0.61 percent.

Jay Brinkmann, the chief economist for the bankers’ group, said the continuing high foreclosure rate is due to “underlying economic factors impacting the housing markets,” though “we’re also working through the problems of the past,” referring to the many unsustainable loans that led to massive numbers of foreclosures and the banking crisis of 2008.

 

 

http://www.providencejournal.com/breaking-news/content/20131107

4 Men With Sledge Hammers Rob New Canaan Jewelry Store | Pound Ridge NY Homes

Four men with sledge hammers smashed display cases and stole tens of thousands of dollars worth of watches Wednesday afternoon from Henry C. Reid & Son Jewelers in downtown New Canaan, the New Canaan Advertiser reported.

Police were searching for four black men suspected in the robbery at 72 Elm St. at about 4 p.m., the Advertiser said. The four men reportedly fled on foot but could not be found, the report said.

If you have any information, contact police at 203-594-3500.

Read the full story here at the New Canaan Advertiser.

 

 

 

http://newcanaan.dailyvoice.com/police-fire/4-men-sledge-hammers-rob-new-canaan-jewelry-store

Lending standards hold firm despite softer demand | Pound Ridge Real Estate

Despite rising interest rates and softer demand for mortgages, most banks have maintained their existing lending standards in residential loans in recent months. Per The Wall Street Journal:

Nearly 80% of banks said their credit standards for mortgages remained basically unchanged from July through September, according to a quarterly Fed survey of bank loan officers released Monday. Only about 15% of banks said their standards for mortgages have eased somewhat.

“Easier credit conditions, more generally, are helping the economic recovery,” said Erik Johnson, senior U.S. economist at IHS Global Insight. “But what’s concerning is that lending standards for residential mortgages have not improved much since tightening dramatically during the crisis.”

Source: WSJ

How does Google’s Hummingbird Update Impact Social Media Marketers? | Pound Ridge Realtor

Google recently launched a new algorithm, code-named Hummingbird, that was  designed to answer more complex queries and present more in-depth knowledge to  users.   Launched over a month ago, Google’s Hummingbird is its  largest algorithm overhaul in 10 years.

At a press conference announcing the change, Google explained that the new  algorithm is smarter, able to understand complex queries and return more  relevant answers.  They are preparing for a future of phone concierges,  where you ask your phone for information and it talks back to you, understanding  the meaning behind your questions and giving you semantically relevant  answers.

According to the  NY Times:

“The company made the changes  because Google users are asking  increasingly long and complex questions and are searching Google more often on  mobile phones with voice search.”

So how does Google’s Hummingbird update impact social media marketers?

What can you do to make sure your blog’s visibility improves in the wake of  Hummingbird?

#1. Improve your mobile’s web search experience

On InsideSearch, Amit Singhal, Google’s chief technologist, explained:

“The world has changed so much: billions of people have come online, the  Web has grown exponentially, and now you can ask any question on the powerful  little device in your pocket.”

Obviously mobile is a major focus for Google, and Hummingbird presents a way  for Google to serve better results for mobile users.  Given the massive  amounts of data Google has at their fingertips, they can anticipate trends  better than any other company…and if they are focusing on mobile and overhauling  their entire algorithm to serve better mobile results, then this is something  social media marketers must pay attention to.  Just this week, Google  changed their User Interface for tablet and mobile users.

What can you do to get your website mobile ready?

Do you need more information?  Check out Google’s extensive guide on how  to build Mobile-Optimized  Websites.

#2. Connect your blog to your Google+ profile using Authorship

Authorship is a way of identifying categorical influencers and featuring  their content in Google.

According to Google:

“Using authorship helps  searchers discover great information by highlighting content from authors who  they might find interesting. If you’re an author, signing up for authorship will  help users recognize content that you’ve written. Additionally, searchers can  click the byline to see more articles you’ve authored or to follow you on  Google+”.

It’s that simple!

 

 

 

Read more at http://www.jeffbullas.com/2013/10/30/how-does-googles-hummingbird-update-impact-social-media-marketers/#7RxDdcHq6wjBLmZV.99

$65M In Housing Aid Brings Sandy Recovery Funds In Connecticut To $500M | Pound Ridge Real Estate

Connecticut will receive an additional $65 million from the U.S. Department of Housing and Urban Development to bolster its Superstorm Sandy recovery efforts, bringing the total aid from the federal government over the last year to an unprecedented $500 million.

The aid was announced by Gov. Dannel Malloy in a statement Monday, the eve of the first anniversary of the hurricane. The $500 million will support recovery and relief efforts for residents, local education systems, small businesses, nonprofits and municipalities.

“Families across the state are still coping with the devastation caused by Superstorm Sandy last year,” said U.S. Sen. Chris Murphy, D-Conn. “With the winter months again approaching, we need to ensure these families have the tools they need to fully recover and prepare for future severe weather.”

HUD had previously provided $71.82 million to help residents, businesses and communities recover and rebuild after the storm. The first allocation of funding was made based on unmet needs and applications for individual assistance from FEMA; this new funding allocation was distributed based on a formula driven by federal data and statistics detailing unmet need and public assistance, including damage to transportation infrastructure, in Sandy-affected states.

The state Department of Housing will develop an action plan to disburse the new funding, which will require approval from both the state legislature and HUD.

“One year later, it’s clear these communities continue to be challenged by the sheer scale of this devastating storm, requiring further investment to make certain these needs are met,” HUD Secretary Shaun Donovan said. “These resources are making a difference helping individuals, families, and businesses to get back on their feet and come back stronger and more resilient than ever.”

Projects in Fairfield, New London, New Haven, and Middlesex counties and the Mashantucket Pequot tribal area are eligible for assistance. Eligible expenses are those not covered by insurance, the Federal Emergency Management Agency, or any other sources of funding. Specific work that is eligible includes:

  • Structural repair or replacement of damaged property;
  • Mitigation assistance to elevate homes and/or reduce the damage from future disasters; and
  • Rehabilitation, modification and/or improvements to infrastructure and public facilities to address damage from the storm and to reduce the damage from future disasters.

“We continue to plan—and meet—aggressive timetables in order get these funds out to homeowners and businesses as fast as possible,” said Evonne Klein, housing commissioner. “We continue to accept applications and encourage those impacted by the storm to visit one of our intake centers or visit the Web site to learn about the many ways we can help.”

U.S. Sen. Richard Blumenthal, D-Conn., said: “I commend the efforts over the past year to restore and repair our shoreline communities, but much work remains to ensure homeowners, businesses and municipalities have the resources they need to fully recover from the devastation of Superstorm Sandy.

“As storms like Sandy become the new normal, it is vital that we continue to invest in mitigation efforts to reduce future damages, emergency costs, injuries and hardships. Further, we must work to improve our systems and processes so that those in need receive the assistance they need when they need it most.”

The state recently opened four intake centers in East Haven, Fairfield, Milford and Norwalk to provide one-on-one assistance to homeowners. (Read more about the centers here.) The state’s official CT Recovers website provides information on assistance available to homeowners and businesses impacted by Superstorm Sandy from all state agencies.

 

 

http://greenwich.dailyvoice.com/politics/65m-housing-aid-brings-sandy-recovery-funds-connecticut-500m

 

Smart Shopper: How to Choose a Dining Chair | Pound Ridge Homes

In Grandma’s day, newlyweds started out their marriages with a matching dining table and chairs. You never had to wonder if the pieces worked together. But the results were so predictable, they induced drowsiness faster than the tryptophan in a turkey dinner.
Today mix-and-match dining sets are in vogue. They’re more interesting, but also more challenging to put together. So before you invest in a set of dining chairs, make sure they’re going to work with the table, the room — and even the size of your guests.

Design
Although it can be chic to pair traditional chairs with a contemporary table, and vice versa, try to find pieces that share a common design element. If the table has a sinuous leg, look for a chair with the same line in the leg or back, or choose upholstery with swirls on it.
If the table is square or rectangular, consider chairs with a square or rectangular seat.
Dimensions
Twenty-two inches is a good standard width for an armless dining chair, but you can go larger than that if your dining table or dining room is especially big and would dwarf a normal-size chair.
Avoid chairs that are narrower than 17 inches; they just don’t provide enough support for the derriere. For maximum comfort, choose chairs that are 20 to 24 inches deep.

Investor and cash buying push Las Vegas home sales | Pound Ridge Real Estate

Homes in the Las Vegas area sold at the fastest pace for an April in seven years due, in large, to investor and cash buying nearing record levels. Sales in the $200,000-to-$500,000 range in the Sin City picked up 81% from one-year prior. 

The Las Vegas median price paid for a home increased to the highest level in nearly four and a half years, largely due to price appreciation,tight inventory, a surge in move-up buyers and a drop-off in foreclosure resales. 

In the Las Vegas-Paradise metro area, 4,869 new and resale houses and condos closed escrow in April, an 8.6% increase from the month before and a 7.0% rise from one-year prior, according to San-Diego-based DataQuick. 

Sales have dropped 4.2% between March and April, on average, since 1994. The year-over-year increase in total sales last month follows 10 consecutive months of year-over-year declines. 

 

Investor and cash buying push Las Vegas home sales | HousingWire.