Med Revival Palm Beach Estate | Bedford Corners Real Estate

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This 9,400 square foot Mediterranean Revival house, built in 1928 by architect John Volk, wants $13.95 million and isn't afraid to strut its stuff to get it. Gushing with original stonework, ironwork, and pecky cyprus ceilings, the house has a central courtyard with a pool that's regally lined with palms and designed to look more like a reflecting pool than one to swim in.

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http://miami.curbed.com/archives/2015/05/05/

A Waterfall Runs Through This $3M Brutalist Abode | Bedford Corners Real Estate

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Location: Providence, R.I.
Price: $2,725,000
The Skinny: Modernism is likely not Topic A of discussion when the subject of Providence residential architecture comes up at parties (and don't pretend that it doesn't) but sitting high atop College Hill is at least one remarkable example of stone-cold Brutalism in the "Creative Capital." Designed in 1974 by architectural firm Huygens & Tappe, which spread Brick Brutalism far and wide across New England, the home takes advantage of its absolutely stellar siting by serving up incredible views of the city skyline, with an open floor plan that allows unimpeded views through its west-facing, floor-to-ceiling windows. The upper-level public living spaces and the master bedroom are connected to the lower residential areas by a curving staircase and waterfall, with the lower level opening out onto a pool deck and the heavily landscaped garden terrace. The kitchen has recently been redone with all new Birdseye Maple cabinets, and there is also a truly impressive wet bar, all of which is asking $2.725M.




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http://curbed.com/archives/2014/08/19/a-waterfall-runs-through-this-3m-brutalist-home.php

First-Time Buyers Shut Out of Expanding U.S. Home Supply | Bedford Corners Real Estate

The four-bedroom house that Ilia Nielsen-Dembe purchased in west Denver earlier this year wasn't her top choice. The first-time buyer had to settle on a home in a neighborhood with a high crime rate after losing out on bids for five properties in more desirable areas.

"I definitely sacrificed in terms of location," said Nielsen-Dembe, 33, who lives with her husband and two daughters in the house she bought in April for $184,500. "I had to cross streets that were not ideal in order to get a house."

 

While the supply of U.S. homes for sale is at an almost two-year high and price gains are moderating, buyers such as Nielsen-Dembe wouldn't know it. An inventory crunch for entry-level houses has only worsened during the past year as discounted foreclosures become scarce and cash-paying investors snap up affordable listings to convert to rentals. Properties at the lower end of the market are also the most likely to have underwater mortgages, keeping would-be sellers from moving.

"There is inventory coming on line, albeit slowly," said Nela Richardson, chief economist for Redfin, a Seattle-based brokerage. "The problem is it's not equally distributed. There is more turnover at the higher end. At the more affordable end of the spectrum, people are stuck."

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http://finance.yahoo.com/news/first-time-buyers-shut-expanding-070000295.html

Going Moody in the Master Bedroom | Bedford Corners Real Estate

When interior designer Lindsay Pennington moved into husband Tim Mosher’s cottage bachelor pad, in the Laurel Canyon area of Los Angeles, “the whole house was a man cave,” she says. Together the couple renovated all of the public spaces, the kitchens, the bathrooms and the kids’ rooms, combining their belongings, buying new things and compromising.

By the time they were done with all of that, Mosher was suffering from renovation fatigue. So Pennington waited until the professional musician and composer left for a Super Bowl gig in New Orleans to redecorate their bedroom with pieces they already had. She changed up the layout, had the walls and ceilings painted and repurposed their furniture before Mosher came home, completing the makeover in just four days.

Lindsay Pennington Inc.

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The bureau on the left was passed down to Mosher through his family; the one on the right was passed down through Pennington’s. Serendipitously, they both have marble tops and are approximately the same height. Though she likes symmetry, Pennington likes to throw it off a bit to keep it from feeling too formulaic.

To change the layout, she placed the bed in front of a fireplace they never used. This is the view from the bedroom door; previously, the bed was across the room and the unused fireplace just kind of served as a hole. “Don’t be afraid to cover up a fireplace you’re not using,” the designer says.

 

 

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http://www.houzz.com/ideabooks/27326409?utm_source=Houzz&utm_campaign=u518&utm_medium=email&utm_content=gallery2

Here's a Look at the Palm Beach Estate Stylings of 1942 | Bedford Corners Real Estate

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In looking at the Palm Beach home Louis D. Beaumont, a philanthropist who made his fortune opening up May Company stores, it's fun to see that, when it comes to typical Southern Florida decor, there are some things that don't change: fireplaces astride pool pavilions, porticoed verandas, banana-leaf curtains, globby white furniture ... they're all on display in these photos from 1942. That's not to say that there aren't some relics of pre-midcentury design lurking about—the cushions of one chaise lounge are so overplump someone would probably roll right off—but that mix is exactly what makes the images so compelling. Have a look.


http://curbed.com/archives/2014/03/21/heres-a-look-at-some-palm-beach-estate-stylings-of-1942.php

Are falling new home sales in December a warning for 2014? | Bedford Corners NY Real Estate

Are falling new home sales in December a warning for 2014? | Bedford Corners NY Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor

Resort real estate market still in a holding pattern | Bedford Corners Homes

Sure, you have your traditional office, industrial and retail space. But you also have one of the largest resort districts in the world, and that sector is a market unto itself. That means it’s on a slightly different path toward recovery, say local experts in gaming real estate.

For one thing, the resort sector is more volatile than other types of commercial real estate, said Josh Smith, a commercial real estate consultant for gaming and co-founder of Colliers International Gaming Group in Las Vegas. Operators turn over their customers on a daily basis, rather than locking in their “tenants” with leases that run five to 15 years. Gaming is also vulnerable to immediate fallout from economic trouble, because operators rely on consumers’ discretionary income. And for better or for worse, gaming ties Las Vegas directly into the economy of the rest of the world, Smith said.

Right now, being keyed in to the global economy isn’t a bad thing. That’s because just as the world’s economy has been on the comeback trail, so has gaming. Where 2009, 2010 and 2011 brought hard times, 2012 and 2013 meant “real growth” in some parts of the economy, Smith said.

“2013 was the year we saw the recovery start to happen, particularly in the last couple of quarters,” Smith said. “We started to hear about strong demand indices. We’ve seen a lot of increased demand coming into 2014, and occupancies and rates are expected to be higher.”

Those expectations haven’t yet translated into huge amounts of investment.

Sales of gaming properties were slow in 2013, but that’s not necessarily a bad thing. The properties that did turn over were mostly smaller, limited-service places, said John Stater, research manager at Colliers International. Downtown’s Gold Spike is an example: Zappos CEO Tony Hsieh’s Downtown Project bought the 112-room property in April, with plans to redevelop it into a nongaming project. Taking those kinds of properties off the hospitality market helps constrain inventory as the market tries to recover, and that means less competition for operators still trying to survive, Stater said.

But there’s still enough competition to keep a lid on major megaresort development.

“With gaming real estate, we’re definitely not ready for another boom,” Stater said.


http://www.reviewjournal.com/business/business-press/resort-real-estate-market-still-holding-pattern

Astorino to Host Inaugural Open House on New Year’s Day | Bedford Corners NY Homes

Astorino to Host Inaugural Open House on New Year’s Day | Bedford Corners NY Homes | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor

Move-in-ready homes are hot | Bedford Corners NY Real Estate

Move-in-ready homes are hot | Bedford Corners NY Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor

What the new FHA mortgage limits mean for you | Bedford Corners NY Real Estate

The Federal Housing Administration recently announced a reduction in high-cost area loan limits -- a reduction that comes in accordance with the government’s ongoing effort to retreat from the housing market. Rewind the clock to 2008, when financial markets were significantly depressed, the economy was on the verge of recession -- enter the FHA as the new outlet to support a frail housing sector.



Since then, unemployment has dropped, job growth, while still bleak, is improving, and real estate is in demand. The FHA has accomplished its goal of helping to boost the housing market. Now the government wants to minimize its exposure to bigger loans.




The FHA loan limit reduction will affect homebuyers in higher-end properties. For example, if you take Sonoma County, Calif., the maximum new FHA loan limit in January will be reduced to $520,950 from $662,500. Homebuyers who once could buy with less capital will now have to invest more cash into the deal or buy less house.




If you're looking to buy a house but haven't yet, here's what to expect in 2014.




1. Your mortgage limits will be lower

Most counties will see the maximum loan limits decrease, on average, by $67,250 beginning January 2014.




2. You'll see jumbo mortgages again

A jumbo mortgage loan typically has tighter qualifying restrictions in terms of credit history and debt ratio requirements than its FHA loan counterpart. For example, a buyer with tarnished credit can use an FHA loan to purchase a home three years out of the short sale or foreclosure or two years after a Chapter 7 bankruptcy. But with many jumbos, the standard seven years will apply in most cases. One exception to this is if you have 30% down, a lender will consider granting a jumbo loan to a borrower two years after they’ve had a short sale.




3. You'll need to get your credit score in order

You'll need at least a 700 credit score to play ball. The best terms will go to those with 740 scores or better. (Before you even start shopping for a home, it's important to know what shape your credit is in. There are many ways to check your credit scores, including Credit.com's Credit Report Card, which is a free tool that shows you your credit scores and an overview of your credit report so you know which aspects of your credit you need to work on to get a higher score.)




4. You might need a 20% down payment

No longer will homebuyers on the higher-end market be able to purchase a home with less than 20% down if the loan is not conforming high balance or FHA. In other words, 20% down is going to be the new normal in most markets for majority buyers. Many investors simply do not allow for mortgage insurance on large scale loan sizes.



http://money.msn.com/home-loans/article.aspx?post=32d491e3-26b8-4f5d-8787-b3941b4a1ef2

5 predictions for housing in 2014 | Bedford Corners NY Homes

5 predictions for housing in 2014 | Bedford Corners NY Homes | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor

Chicago-area home prices climb 14% from last October | Bedford Corners Homes

Home sales and median prices in the Chicago area continued to beat year-ago comparisons in October, and the time it took to sell a home plunged as a result of a lack of inventory.

October sales of existing homes in the nine-county Chicago area rose 9.6 percent from a year ago to 9,303 homes sold, at a median price of $175,000, up 14.4 percent, the Illinois Association of Realtors said Tuesday.



http://articles.chicagotribune.com/2013-11-20/business/chi-chicago-home-prices-sales-20131120_1_october-home-chicago-area-home-prices-geoffrey-j-d-hewings