PHILIP JOHNSON’S Glass House in New Canaan, Conn | Pound Ridge Real Estate


PHILIP JOHNSON’S Glass House in New Canaan, Conn | Pound Ridge Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Pound Ridge Real Estate, Pound Ridge Real Estate by Robert Paul | Tagged , , | Leave a comment

Roof Cave-Ins Across Boston Area | Bedford Real Estate


Roof Cave-Ins Across Boston Area | Bedford Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Bedford NY | Tagged , , | Leave a comment

Firefighters Battle Two Bedford Home Blazes Within A Day | Bedford Hills Real Estate


Bedford Hills fire

Firefighters in and near Bedford were busy on Tuesday battling two house fires in town, both of which were in the Bedford Hills Fire District.

Bedford Hills Fire Chief Joseph Lombardo said that his department responded shortly before midnight Tuesday for a chimney fire, which was at a home at 98 Buxton Road. A firefighter, who arrived in just minutes, observed heavy fire on the roof, Lombardo said, and the fire extended to the attic and roof line.

It took about an hour and a half to get the fire under control, Lombardo recalled. One firefighter was injured due to having fallen on ice, according to the chief.

The fire was caused by a malfunctioning chimney, Lombardo explained. Mutual aid was provided, according to the chief, by fire departments from Katonah, Mount Kisco, Goldens Bridge and Banksville. The Katonah Bedford Hills Volunteer Ambulance Corps (KBHVAC) and Westchester EMS were also on scene, he noted.

 

Firefighters Battle Two Bedford Home Blazes Within A Day | Bedford Hills Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Bedford Hills NY Homes | Tagged , , | Leave a comment

Mortgage applications tumble 13.2% as rates climb | Katonah Real Estate


Mortgage applications decreased 13.2% from one week earlier, according to data from theMortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 13, 2015.

The Market Composite Index, a measure of mortgage loan application volume, decreased 13.2% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 12% compared with the previous week. The Refinance Index decreased 16% from the previous week. The seasonally adjusted Purchase Index decreased 7% from one week earlier. The unadjusted Purchase Index decreased 2% compared with the previous week and was 1% higher than the same week one year ago.

“Mortgage rates increased to their highest level since the beginning of the year last week, and application volume dropped sharply as a result, particularly for refinances. The market index declined to its lowest level since the week ending January 2nd as purchase application activity decreased seven% and refinance applications decreased 16%. Refinance volume fell particularly for larger loans, as evidenced by the decline of almost $25,000 in the average loan size for a refinance loan,” said Mike Fratantoni, MBA’s Chief Economist.

 

Mortgage applications tumble 13.2% as rates climb | Katonah Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Katonah NY Homes and Real Estate | Tagged , , | Leave a comment

Housing Starts Decline in the Midwest | South Salem Real Estate


The pace of housing starts declined 2% in January, including a significant decrease in single-family construction in the Midwest connected to weather factors. Nonetheless, the current pace of home construction remains strong and growth should continue in 2015.

According to the joint Census Bureau and HUD release, the seasonally adjusted annual rate of housing starts came in at 1.065 million, down from a revised pace of 1.087 million in December 2014.

Jan housing starts

The rate of starts for single-family construction was down 6.7% from December, yielding a 678,000 annual pace. Most of this decline is attributable to a 31% drop for single-family starts in the Midwest, which fell from a 133,000 annual rate in December to 92,000 in January.

This decline is consistent with elements of the February NAHB / Wells Fargo Housing Market Index, which suggested declines in builder confidence due to weather factors. However, builder sentiment remains positive, and NAHB expects single-family starts to rise in the coming months given favorable job creation numbers and pent-up housing demand.

Multifamily starts remained strong in February, rising 7.5% to a 387,000 seasonally adjusted annual rate. The three-month moving average of multifamily starts has been above 350,000 since April of 2014.

 

Housing Starts Decline in the Midwest | South Salem Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Lewisboro Real Estate, South Salem Real Estate | Tagged , , | Leave a comment

Midcentury Miami Shores Ranch is All That | Bedford Corners Real Estate


Midcentury Miami Shores Ranch is All That | Bedford Corners Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Bedford Corners, NY Real Estate | Tagged , , | Leave a comment

Use of Depreciation Deductions in Real Estate and Construction | Chappaqua Real Estate


Use of Depreciation Deductions in Real Estate and Construction | Chappaqua Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

Posted in Chappaqua Real Estate | Tagged , , | Leave a comment