Tag Archives: waccabuc luxury homes

House price boom ripples out of London, across Britain | Waccabuc Realtor

 

The housing boom is spreading across the country, with rapidly rising prices   and long queues of buyers no longer restricted to London, experts are to   announce.

Property sales in the first three months of 2014 reached a six-year high as   the market recovered on a “truly national” scale, according to the Royal   Institution of Chartered Surveyors (Rics).

Activity is at levels last seen in early 2008, before the banking crisis took   hold, and is spreading to the Home Counties and beyond, figures suggest.

The trend is “striking in that it is clearly broadening out”, said Simon   Rubinsohn, a Rics economist. “There has been a sense that it was one story   for London and a very different outlook everywhere else, with perhaps a few   other city centres edging ahead. But that is not the case any longer,” he   added.

“Now that the housing market recovery is well and truly under way and mortgage   finance is more readily available, buyers seem to be looking to test the   market right across the country, not just in the usual hotspots of the South   East.”

 

http://www.telegraph.co.uk/finance/personalfinance/houseprices/10756343/House-price-boom-ripples-out-of-London-across-Britain.html

 

Picture this: April housing market | Waccabuc Real Estate

 

March housing inventory was up for the first time since 2010, but this is taking a back seat to the continuing rise in home prices.

Looking at 38 unique markets, Movoto Real Estate’s monthly report found that the median list price per square foot index was up 7.1% over where it was in March of 2013 to $186. Compared to March 2012, it is drastically up 23.2%.

Out of all the markets studied, 34 witnessed a year-over-year increase in median list price per square foot, with only two remaining the same and two recording slight decreases.

But nothing tells the story better than an infographic (see below), which shows the state of the April 2014 housing market.

 

 

 

http://www.housingwire.com/articles/29584-picture-this-april-housing-market

Look Inside The Restored Gate Lodges At Vizcaya | Waccabuc Real Estate

 

33 images

[Photos courtesy RJ Heisenbottle Architects]

The two halves of Miami’s sublime Vizcaya, with the villa and gardens on one side and the farm village (and formerly the farm) on the other, are linked across South Miami Avenue by coordinating gate lodges that were recently the recipients of a restoration by architect Richard Heisenbottle. These are highly ornate gateways to each realm that both include, multi-level buildings. They included functional spaces for the estate as well as, in the western lodge, a residence for the chauffeur. That lodge incorporated an archway over the driveway and easy access to the garage, where Vizcaya’s vehicles were kept.

 

 

 

http://miami.curbed.com/archives/2014/04/04/the-vizcaya-gate-houses.php

Victim’s family sues city over East Harlem blast | Waccabuc Real Estate

 

The family of an East Harlem explosion and building collapse victim filed two notices of claims against the city Wednesday morning.

The suit, filed on behalf of Griselde Camacho, a fatal victim of the collapse last month, is believed to be the first in connection to the blast. Quinones’ mother Carmen Quinones, currently in recovery at Mt. Sinai Hospital for her own injuries sustained during the explosion, made the first of the two claims, which says her daughter was injured on March 12 “due to the negligence of the respondents.” The two claims also charge the city with failing “to inspect gas lines knowing that they are old and subject to leaks and decay.”

“She is feisty and angry,” Nilsa Aguila, Camacho’s cousin and Quinones’ niece, told the Wall Street Journal of Quinones. “That is where her anger comes from. She blames the City for my cousin’s death.”

The second claim seems restitution payments for what it calls injuries incurred during the incident, including fractures, torn ligaments and “traumatic brain injury.”

The two claims seek payment of $20 million.

 

 

http://therealdeal.com/blog/2014/04/02/victims-family-to-file-first-suit-against-city-for-east-harlem-blast/

Mortgage rates tick up after slight decline | Waccabuc Real Estate

 

Average fixed mortgage rates were up a bit from last week, applying additional pressure for those local markets that are already feeling an affordability pinch, according to Freddie Mac. This follows last week’s slight downtick.

“Mortgage rates rose following the uptick on the 10-year Treasury note after comments by the Federal Reserve Board Chair Janet Yellen indicated a possible increase in interest rates as soon as early 2015,” said Freddie Mac chief economist Frank Nothaft. “Also, the S&P/Case-Shiller 20-city composite house price index rose 13.2% over the 12-months ending in January 2014.”

Freddie Mac’s new blog noted this week: “One thing seems certain: we aren’t likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012. The all-time record low – since Freddie Mac began tracking mortgage rates in 1971 – was 3.31% in November 2012. Conversely, the all-time record high occurred in October of 1981, hitting 18.63%. That’s more than four times higher than today’s average 30-year fixed rate of 4.32% as of March 20.”

The 30-year fixed rate mortgage averaged 4.4% with an average 0.6 point for the week ending March 27, 2014, up from last week when it averaged 4.32%. A year ago at this time, the 30-year FRM averaged 3.57%.

The 15-year FRM averaged 3.42% with an average 0.6 point, up from last week when it averaged 3.32%. A year ago at this time, the 15-year FRM averaged 2.76%.

 

 

http://www.housingwire.com/articles/29458-mortgage-rates-tick-up-after-slight-decline

Tour The Palace’s Wildly Lavish $25,000/Night Themed Suites | Waccbuc Homes

 

Palace-Suites---Jewel-and-Champagne.jpg All photos by Will Femia.

The New York Palace Hotel is without a doubt one of the city’s most iconic, given its prominent appearances in television and film alone. But taking a look around two of its triplex suites (on the 53rd, 54th, and 55th floors of the Palace’s Towers section) affords an even closer look at the crazy-luxurious options there following a renovation that just finished up last fall. The Jewel Suite opened in November, and it’s completely blinged out with baubles, art, fixtures, and furnishings by jeweler to the stars Martin Katz. Oh, and booking a night there comes with a diamond-studded band. Across the hall lies the Champagne Suite, with a temperature-controlled wine cave and expansive master bathroom. Both suites total more than 5,000 square feet, include private elevators, large terraces with hot tubs, and have floorplans more porn-worthy than many on the market. Oh yes, they’re a mere $25,000/night. Go on, enjoy the photos

 

http://ny.curbed.com/archives/2014/03/24/tour_the_palaces_wildly_lavish_25000night_themed_suites.php

6 Photos Every Listing Should Have | Waccabuc NY Homes

 

So, you got the listing. You loaded it all up online. And it looks pretty good, right? A “nice” description with “nice” pictures might make a “nice” first impression. But that might also be its last impression, given buyers’ approach to ruling listings in and out.

Buyers’ approach is, in a word, ruthless. Buyers have lots of online listings to get through, and very, very limited time. They review online listings against a backdrop of lots of priorities and considerations battling for their mindspace: their financial priorities, family plans, space needs, aesthetics and the must-haves and deal-breakers of anywhere from 1 to 4 people—or more. So, when they peruse the hundreds of listings on Trulia in your area, maybe yours will make it into the 40 properties they favorite.

But then they cull the list. And narrow again. And narrow again to get down to, say, 15. They send those to their agent. And the agent cute those in half to get to the list of homes they want to show that weekend. Both buyers and agents are prone to cutting properties that look “nice,” but may or may not have critical deal-making features, when the features simply aren’t photographed.

So, your job is not just to get your listing noticed, or onto the list of 40. It’s also to make sure your listing is not one of the 25 that gets cut before Madame Buyer ever gets in the door. Trulia listings can have unlimited photos each, so shoot away! Here is a short list of oft-omitted pics that should make it into every single one of your online listings.

1. Front of House

I know. Seems super basic. But the truth is, there are lots of listings on the interwebs that don’t include any sort of image of the home’s exterior elevation, for a variety of reasons. Sometimes the agent’s rationale for not including a front exterior image is as simple as a telephone pole or electric lines obstructing the view of the home or that there was a dumpster or construction truck blocking the house the day pics were taken.

Nonetheless, today’s increasingly savvy online home buyer interprets the lack of a front of house pic as a red flag that they should be afraid of the property: very afraid.

2. Backyard

You only need to house hunt with a couple of clients with backyard musts to begin to understand how many otherwise well-crafted online listings, some which contain literally dozens of interior images, lack images of a home’s outdoor space. Buyers who have pets, children, hot tubs, urban farming fantasies or some combination of the above will want to narrow down the online listings they decide to visit to those which seem likely to suit their outdoor space needs.

 

 

http://www.trulia.com/pro/sellers/6-photos-every-listing-should-have/?ecampaign=tnews&eurl=trulia.com%252Fpro%252Fsellers%252F6-photos-every-listing-should-have%252F

A Beginner’s Guide to LinkedIn Showcase Pages | Waccabuc Realtor

 

Having more than one buyer persona is a balancing act. If they’re very different, you may feel like you’re constantly in danger of not giving one enough attention, or confusing your personas with untargeted content. Add the problem of keeping all your content grouped together on one social media page, and you’re really lost. Continue reading

Innovation and Personal Branding | Waccabuc Real Estate

 

I’ve been thinking a lot lately about personal branding, in part because I’m about to begin a new commissioned white paper and so I’ve been re-visiting my popular white paper for Innocentive – Harnessing the Global Talent Pool to Accelerate Innovation, and what I wrote about personal branding there:

“… the world continues to move away from being a place where employees expect to have jobs for life, and fight against any change to this paradigm, to a world where portfolios, personal branding, and project-based work will become more common in an increasing number of industries. The evolving world of work is becoming a world in which individuals will need to be really good at collaborating and playing well with others, while also honing their skills at standing out from the crowd. At the same time, the external perception of your network value will expand from a focus on internal connections to also include the talented minds you might know outside the organization that can be brought in on different projects or challenges.”

So, let’s dig in…

The power of the individual versus the power of the collective. This is a tension that has been around longer than the practice of human resources and talent management as an occupation. While the organization is concerned with achieving success for the collective, too often we forget that the collective is made up of a collection of unique individuals, and that each of these individuals have a collection of unique skills, talents, and abilities that may or not directly fulfill the needs of their role and the organization’s goals and brand promise:

“To build a brand, you must start a conversation with your customers. Your customers have to know that you stand for something and that they can count on you to deliver upon your brand promise.” (April 20, 2012)

While the role of the individual in helping to fulfill the organization’s brand promise is often not considered, it should be, at the same time that the organization considers whether its chosen individuals adequately fill the defined job requirements that the organization believes are necessary to fulfill the collective’s mission to achieve revenue and profits for its shareholders, value for its clients and donors, or benefits for its constituents (depending on whether you’re talking about a for-profit, non-profit or governmental organization).

 

http://socialmediatoday.com/braden-kelley/2239866/innovation-and-personal-branding?utm_source=smt_newsletter&utm_medium=email&utm_campaign=newsletter&inf_contact_key=08d33df30dcb3fe8f7c700078bccc195e73b4a1551c81703caab70a7e0b1d8f0

Getting a mortgage is easier, but only just | Waccabuc Real Estate

 

Mortgage credit continued to trend higher in February, following a steady increase in availability since November 2013, the latest report from the Mortgage Bankers Association revealed.

The mortgage credit availability index edged higher 0.44% to 113.5 in February from 113 in January.

If the MCAI had been tracked in 2007, it would have sat around 800. The index was benchmarked to 100 in March 2012.

“For the third month in a row, mortgage lenders and investors slightly expanded credit offerings in February on net, as a result of offsetting factors,” said Mike Fratantoni, MBA’s chief economist.

“Specifically, the recently implemented QM/ATR sections of the new Consumer Financial Protection Bureau regulations stipulate that ARM loans must qualify at the highest allowable rate for the first five years of the loan,” he continued.

 

http://www.housingwire.com/articles/29261-mba-getting-a-mortgage-is-easier-but-only-just