Yonkers, NY Real Estate News

By Ruthmarie Hicks
(Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605)
Its been a while since I’ve posted a blog, because  with so many things happening in both real estate – which is starting to pick up big time – and for Fotos On The Fly.  I’ve found myself busier than usual. First – for the basics.  The show is opening on Friday Feb 1, 5-7 PM  at The Water Cooler in Tarrytown NY.  The exact address is 21 North Broadway on Route 9.  The location is less than a block north of Main St. Here is a link to the event.  You can RSVP as attending or as a “maybe”.    All are welcome!  Please come…I’d love to meet you!   This is the first time my photography is being shown.  For the most part, I have been a real estate photographer whose works got published on fliers and that amazing photography archive called the MLS!  So I am more than a little nervous about how...
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By Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn
I grew up in North East Yonkers in a section called Crestwood. On Friday via Facebook, I found out that one the the neighborhood's most iconic landmarks will close its doors on Nov. 25 after more than 47 years in business. Nathans Famous. My family actually moved to Yonkers before there was Nathans. Prior to Nathans opening it was Adventurer's Inn. My father always referred to it as Adventurer's Inn which was also located at the Cross county Shopping center. For every generation in Yonkers and Westchester, the Nathan's Famous hot dog restaurant on Central Avenue triggers memories. It will be replaced by a plaza mall with a small Nathans inside. After hearing about the historic hot dog joint -- the only one of its kind in the county closing for a year on Nov. 25, people from High School ...
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By Phyllis Lerner call 914.438.7556, Corcoran Legends Realty
(Corcoran Legends Realty)
Spacious Single Family Home w. Accessory Apartment 3 Tibbetts Road, Yonkers, NY 10705 View Map PRICE REDUCTION - $5,000 CLOSING COST CREDIT if purchase contract has been signed by 06-3-12. Large custom built one Family Home with Accessory Apartment located on a quiet, dead end street near Van Courtland Park golf course. Private, level property. Entry Hall with Staircase, Powder Room, Coat Closet, doors to lower level and over sized one car Garage, Eat In Kitchen, Formal Dining Room, large Living Room with Fireplace, vaulted ceiling and glass sliders to Deck overlooking private backyard. The second Floor offers a large Master Suite with Dressing Area and Bathroom, plus 2 more Bedrooms and a Hall Bath. The walk out lower level has a complete Apartment with full size windows, a Kitchen, f...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
SONYMA Products for First-Time Homebuyers in Yonkers     The State of New York Mortgage Agency (SONYMA) offers five mortgage programs to assist first-time homebuyers with the purchase of a home in New York State.   Our five mortgage programs feature competitive interest rates, low down payment requirements, flexible underwriting guidelines, no prepayment penalties and down payment assistance. Each of these features are designed to make your home purchase more affordable. All SONYMA loans are financed through the sale of tax exempt bonds. Mortgage Programs:   Homes for Veterans ProgramA program specifically designed for military veterans. Allows a qualified veteran to apply for any of the below listed SONYMA programs with more favorable terms.   Remodel New YorkFirst-time homebuyers* can...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Yonkers Residents:The Latest Threat to The Real Estate Market Recovery A housing recovery may be under way, but there’s an obstacle that appears to be slowing down the rebound: the unusually high number of buyers who walk away from their contracts.   An average of nearly 18% of signed contracts on existing home sales were canceled during the three months ending July, according to data released this month by Capital Economics, an independent research firm. That’s the highest all year and the most since May 2010, when that figure reached 23%; in the five years before the housing slump started, the average never went higher than 10%. Separately, 36% of Realtors are reporting some kind of problem with a contract, including cancellations, delays and renegotiations of the sales terms, accordi...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  Yonkers Home Owners: Is The End of The Year A Good Time To Sell? Selling your home as the end of the year approaches is actually a good idea, but you need to have the right strategy in place. The holidays will be here before you know it and it’s vital that you put your plan of action into play now, to ensure that you get the best results for yourself 60 and 90 days into the future as you work through the process of your move. The fourth quarter of the year can cause some sellers to worry if their home hasn't sold yet. But according to Trulia.com, there is still time to sell. Typically, many buyers want to move and get situated before the actual end of the year and holidays are here, but that shouldn’t give you pause. Yes, the spring is considered a prime time to sell; however, there i...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Baby boomers consider next housing move Many older baby boomers have been putting off moving for years now, due to weak housing markets, price declines and losses in their retirement accounts. But as markets are beginning to recover, some may be unearthing their buried plans to downsize, move closer to their children or relocate to a warmer climate. Whether they ultimately make a move has a lot to do with their finances and where they live.   “I think people are sick of waiting,” said Jennifer Darby Metzger with ERA Justin Realty, in New Jersey. Even if conditions aren’t perfect yet, there will be some boomers who don’t want to wait forever and take the encouraging market signs as a cue to get moving.   “The recession is letting up and the housing inventory is going down,” said Rolf Pen...
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By Ruthmarie Hicks
(Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605)
Last year there was a great deal of hoopla about the 10th anniversary of  the tragedy of 9/11.  The anniversary is always a time to reflect on what happened that day and all that has happened since.   This year was a bit different, Sept 11 seemed to appear almost by stealth. Of course none of us  will ever forget that day.   But this time the fanfare wasn't there - though we all note the day in our own way.  However,  this evening while I was driving home, I realized that I could see the "Tribute in Light " from my car.  It seemed to be calling me, so I decided at the last minute to drive to the Yonkers Waterfront.  When I got there, there were several local residents doing the same thing.  It was a lovely evening, cool and crisp so quite a few people were looking at the lights and taki...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  5 Motivational Secrets of Successful People   Some make success look easy but the truth is that when a person who has reached the brass ring is noticed it’s only after the most difficult steps have been traversed, and not when they are struggling, which all people who have worked hard have done.   Luckily for those who want to follow in their footsteps, the secrets to success are not secrets at all. In fact, there are five things that all successful people do in order to achieve their dreams.   1. Successful people take responsibility for their actions and inaction   Have you ever wished for success but never put forth the hard work? If you can admit it, then you are on your way to becoming successful, because a person looking to become something bigger than he or she is will be hones...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  The U.S. Housing Market is on the Rise, Yonkers is no Exception! The U.S. economy is rounding the Labor Day turn and it appears that the housing market it finally climbing back up, after many attempts and failures.   It is nothing of mystery, just the facts of supply and demand. For the first time in years, the supply of both new and used homes available for sale has dropped below demand.   With the basis of supply and demand, as supply diminishes and demand remains...rising prices are sure to follow. The housing market is affected as any other market. Prices have been coming up each quarter over the past 2 years.   The rise in prices has sparked a light and seems to be convincing would-be homebuyers that it does not pay to wait, considering mortgage interest rates are at 60-year lows...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  How Yonkers Residents Can Live With An Attitude of Gratitude!    Imagine for a moment one of those nights when you just can't fall asleep and you have to get up early the next morning for a very important meeting of which you are the keynote speaker. Your alarm clock goes off early in the morning waking you from what little sleep you had. You stumble out of bed, have a quick shower, grab a coffee and some toast, and off you go to fight the traffic on the way to work.   Does that sound like the start of a terrible day? Most would answer 'yes'. Few people however, would answer, 'no'. These are the people, who are in my opinion blessed with a gift. A gift that determines how they view their life. These people live with 'an attitude of gratitude'. For them, the situation described could b...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  What is Labor Day?       Observed by United States Type   Federal Holiday (federal government, DC and U.S. Territories); and State Holiday (in all 50 U.S. States) Date First Monday in September 2011 date September 5 2012 date September 3 2013 date September 2 Celebrations Parades, barbecues Related to Labour Day   Labor Day is an American federal holiday observed on the first Monday in September (September 3 in 2012) that celebrates the economic and social contributions of workers.   Labor Day pays tribute to the contributions and achievements of American workers. It also symbolizes the end of summer for many Americans, and is celebrated with parties, parades, barbecues and athletic events.       Celebrations   The form for the celebration of Labor Day was outlined in the first propos...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Wetlands remapping New York, Could it harm or help business development property values?   The New York State Department of Environmental Conservation (DEC) Recently initialed an effort to remap the regulated wetlands in new yorks state. Some of the new maps are due to be released soon and could significantly impede business development and negatively affect property values.   Currently, all wetlands in New York State are regulated by the U.S Army corps of engineers (USACOE). New york state also regulates wetlands that are 12.4 acres or large. Applicants seeking to construct a project in New York must proceed through both of these agencies. This process is duplicative and time consuming; it can also result in conflicting requirement imposed by either agency.   The proposed new maps will...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Attn: Yonkers Parents and Students 2012-2013 Back-to-School Checklist As the new school year fast approaches our children have to accept the fact that vacation time is over. As parents it is always a "process" getting everything together for the new school year. Do the kids have clothes, shoes, supplies, food, activities, snacks, after school activities, etc. It would be nice if we got handed a to-do manual for every thing we need to prep for, right? Although there is nothing that simply done for us, we can still make sure we are prepared for this major time of year. For a helpful checklist and hint, tips and more please click here, to be directed to an essential and helpful site. Also, if you are looking to move (buying, selling or renting), with this new school year upon us, now is th...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
The U.S. Celebrates Hawaii's 63rd year as a State   Mahalo, Hawaii for 60-plus great years. Sixty-three years ago, tomorrow, Hawaii was added as the 50th state to the United States of America. This happened 172 years and 4 months after the first state, Delaware, was added to the Union. Oddly enough, the first 11 states were made official in one year, yet it took 172 for Hawaii to crack the list. In case you want to find out what year our state became an official member of the United States, we’ve included a link to the Wikipedia page with the information on the history of what years states were added. Very cool information. As promised, here’s the info on Hawaii, the rest of the states and the party planning: 1) History of Hawaii: http://www.gohawaii.com/statewide/travel-tips/history 2)...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Big City Living in Yonkers Suburbs When it’s finished, Monarch at Ridge Hill will include four 12-story buildings and 500 condos. It will have 24-hour doorman service, a two-story fitness center, an outdoor pool, a playroom and bike storage. Pretty run of the mill, as far as new condos go. But that’s not all. Monarch also will have a golf simulator, wine cellar, screening room, basketball court, yoga studio, sauna, indoor lap pool and tennis courts. Add to that, it’s within walking distance of a Whole Foods, A State-of-the-Art Movie Theater, an Apple store and Lord & Taylor, plus more than a dozen other stores and eateries.   Oh, and it’s in Yonkers. New urbanism. This is how the team behind Monarch describes the lifestyle provided at its Manhattan-style condo in Westchester, 3 miles fr...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  5 Major Reasons to Consider Selling Your Home in August   1)       The month of August signals that the end of summer will soon be here. For many, it’s the last chance to get out of “dodge” and spend time as a family before the hustle and bustle of the school year, clubs, sports and regular events hits the radar.   It’s a common misconception that selling in August and the beginning of September is not wise and that you’d be better served to wait until mid-September, or later, until the beginning of the following year.     Lik  Like you, many buyers who are relocating would like to have their families settled prior to the school year. Whether it’s a company relocation or a personal one, time is of the essence in August for those finalizing their relocation plans.   2)      Inventory i...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
 Attention Yonkers Home Sellers: Why you do repairs before you sell.  If you’re selling your home (or at least considering it) you’ll want to Read This. Feel free to pass it along to any friends or family members who are also thinking of selling. In today’s market, the competition is as fierce as ever to get buyers to look at your home over your competition’s. Moreover, it’s tougher than ever to get them to make an offer without your home looking spiffy…especially if you want top dollar.   Here, we’re giving you some solid input on why you need to get repairs done before you sell and what the best process is to follow in getting them squared away. Now, you don’t necessarily need to wait to list your home until the repairs are done. We have a “Coming Soon” listing program that gets peopl...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
  Yonkers Residents -Keep cool in July without burning cash!   It’s July and that means even in the coolest climates on earth, someone is going to need to turn on an air conditioner to keep the heat from making them miserable. Unfortunately, with the need to stay cool also come higher electric and gas bills, syphoning money from your bank account that you could be using to have fun during the month of July and the rest of the summer.   The good news is that if you have a strategy and a little ingenuity, you can keep your home cool without setting your wallet on fire.     No-Cost and Low-Cost Tips to Save Energy This Summer   Here you'll find strategies to help you save energy during the spring and summer when the weather is warm and you are trying to keep your home cool. Some of the tip...
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By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Summertime Safety: The Survival Guide Summer is the time for outdoor cookouts, pool parties and backyard play dates – not a time for bandaging scrapes, nursing burns – or worse. Learn these important summer safety tips and make sure everyone in your family knows them by heart too. That way, it will be a summer to remember, for all the right reasons. Pool Safety   Supervise constantly: Good supervision means you are able to scan the pool area every 20 seconds and be able to reach the pool in 10 seconds. Put multiple safety barriers between children and the pool: Install a four-foot fence around your pool with a self-closing, self-latching gate that has a locking mechanism beyond a child’s reach. Also cut overhanging tree limbs and remove chairs or ladders from the pool area to prevent ch...
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