Deeds and Leases

With interest rates at levels not seen since the end of World War II, the urge to refinance is terribly strong. And why not. Loans made a year or two ago are expensive in comparison, and the financing costs can be recaptured in a few years. Radio and tv ads beat it into our heads [...]

I spent a very rainy day showing houses to friends of mine in Yorktown Heights today. I show there on occasion because I am impressed by the value offered. In the current market you can easily find a 3 bedroom, 2 bath on a parcel of land ranging from .25 to 1 acre at prices [...]

A&P announced today that they are closing several stores in the region, including one in New Rochelle. LoHud has reported that the Pelham Road store will close and the Wykagyl store located in the Quaker Ridge Shopping Center will remain open. Having spent almost my entire life in the Wykagyl neighborhood, I could not imagine [...]

Improving employment numbers and consumer sentiment continue to suggest that this spring may have “legs” in the real estate market. There is so much pent up demand I am hopeful that it will not take all that much for buyers to commit….deedsandleases _________________ Feb. 11 (Bloomberg) — Consumer confidence rose in February to the highest [...]

This is a long story that is rather silly and amusing actually because of it’s blatant stupidity. It will take quite some time to write as the tale is not yet complete, but my frustration level is sufficiently high that a brief overview will whet the appetite of those who appreciate farce. Of course all [...]

http://www.marketwatch.com/story/foreclosure-ruling-may-be-good-news-for-homeowners-2011-01-11

While the consensus is that the number of sales will increase in 2011, pricing will remain soft. The recent sharp uptick in interest rates may provoke a surge in market sales after the new year as buyers seek to lock in the still historically low rates. Many buyers who are currently approved will have to [...]

News & Info … Yonkers Councilman John Murtagh Sanitation Workers institute a City-wide Slowdown on Garbage Pick-up As I am sure you have seen this week, it appears that the union representing our sanitation workers has decided to respond to necessary budget cuts with a work slow down and job action. It is unfortunate that, [...]

After a young women named Amanda died of Carbon Monoxide poisoning in her home in the Buffalo area, the State Legislature passed and the Governor signed into law new tougher regulations requiring carbon monoxide detectors in all properties that have furnaces, stoves, hot water heaters etc. – any potential sources of carbon monoxide generation. The [...]

  Headline got your attention? It should! How does up to $555 in free money from cash strapped New York State sound? Well its true! From February 12th until the 21st, or until the money runs out, NYSERDA is offering rebates for qualifying refrigerators, freezers and clothes washers. Enhanced rebates are available for people who [...]