July 17, 2015 rummy

Kitchen trends may come and go, but one thing never changes: Whether you’re whipping up a four-course gourmet meal for 12 or reheating a slice of pizza, this room is the heart of the home. In fact, the kitchen’s multipurpose role as a place to entertain friends, tackle homework and school projects, answer emails, or just hang out with the family is on the upswing, according to local kitchen experts like Jason Landau, a professional interior designer with a master’s in architecture and owner of Amazing Spaces in Briarcliff Manor.  Perhaps the strongest trend in kitchen design is the open…

June 8, 2015 rummy

Where Will Mortgage Rates Be in 12 Months?   One of the biggest questions plaguing the current housing market is where mortgage interest rates will be at this time next year. Over the last two months, rates have begun to creep up (see chart). Though we don’t like to project rates moving forward, we do want you and your family to have the information you need in order to decide whether to wait before buying your first house or moving up to your ultimate dream home. Here are the most current mortgage rate projections from Fannie Mae, Freddie Mac, the…

June 1, 2015 rummy

Jonathan J. Miller, the president of the appraisal firm Miller Samuel shared his sentiments on selling at this time of the year: “Based on the number of contracts signed each month, the spring is still the ‘Super Bowl’ of annual real estate sales,” June is annually the top month for the number of contracts signed, which means the properties themselves were likely listed in May. Overall, June yields 90 percent more sales than December.   Here are five good reasons to make the decision to Sell:   1. Beautiful weather makes everyone a little happier. “May weather is ideal for…

April 29, 2015 rummy

Recently, Freddie Mac published a blog post titled Mortgage Rates: Still the Deal of the Century. They explained that, if you are planning to purchase a home, now may be the time: “If you are in the market to buy a home, today’s average mortgage rates are something to celebrate compared to almost any year since 1971.” And they let their readers know that there is no guarantee that rates will remain this low: “Over the past few years, we’ve enjoyed a long run of historically low mortgage rates. While no one expects them to change dramatically overnight, they are…

April 15, 2015 rummy

Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item. We have reported that the inventory of houses for sale is well below normal numbers. There is historical evidence that the demand for housing is about to increase dramatically. Each year, more homes sell in May, June, July and August than any other four months of the year. Here is a graph of homes sales last year by month: Bottom Line…

April 8, 2015 rummy

Yonkers, NY Named One of Livability.com’s Top 10 Healthiest Cities, 2015 Inaugural list identifies and ranks America’s healthiest cities         There are two parts to every great healthy city. The first is access to quality and affordable health care. The second is promoting and enabling a healthy lifestyle for its residents through infrastructure and amenities. With this in mind, Livability.com has named Yonkers a Top 10 Healthiest City, 2015. Yonkers provides residents with exercise opportunities, good food choices and strong support networks to help live healthy lives.   Our editors looked at data compiled by the County Healthcare Rankings as…

March 31, 2015 rummy

America’s most expensive golf facility is about to open in New York, the first public course in the city for 52 years. The municipally owned Trump Golf Links at Ferry Point, built on a 222-acre former landfill site in the Bronx, has been 20 years in the making, cost $269 million to build and boasts a Manhattan skyline visible from most of the course. When it opens on April 1, residents of New York City will pay a green fee of $141 (£95) for a round, rising to $215 for non-residents on weekends. Property mogul Donald Trump, who took over the…

March 17, 2015 rummy

A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move. Here are the top 5 reasons: 1. Safer Neighborhood – 30% 2. Closer to Family – 27% 3. Change of Climate – 26% 4. Closer to Work – 25% 5. For a New Job – 23% While the majority of Americans (74%) will move within their home state, for the 26% planning to call a new state home, it is…

March 4, 2015 rummy

A Westchester town took top honors in a well-known real estate website’s recent 10 Best Places To Live in New York list. Movoto.com — a real estate website known for its catchy, algorithm-based top 10 lists — ranked Mamaroneck as the best town in New York state to live in. In addition, Westchester towns made up 9 of the top 10 spots on the real estate website’s list. Steve Altieri, Mamaroneck town administrator, said that Mamaroneck’s diverse population, community volunteerism, and coastal location were among the town’s finer points. “Mamaroneck is a coastal community, only 35 minutes from New York…

February 17, 2015 rummy

Many believed that when the housing market crashed, so too would the desire of American’s to own a home again. Many reports have shown that, especially among younger generations, the American Dream of homeownership is still very much alive. Julián Castro, Secretary for HUD, recently summed up what it means to own a home in a speech at the National Press Club. “Homeownership is still the cornerstone of the American Dream — a fact you can see in the lives of everyday folks. It’s a source of pride. It’s a source of wealth, providing both a nest and a nest…