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... 07/12/2012

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... 07/04/2012

Westchester County Tourism is Growing   Tarrytown, NY - Tourism in Westchester grew by 8 percent in 2011 to $1.7 billion, returning to pre-recession levels and currently supporting 24,000 jobs. To build on the resurgence, he unveiled a new branding campaign, Meet Me in Westchester, which capitalizes on a comprehensive study of how residents, visitors and businesses perceive Westchester County as a tourism destination. “Tourism has been gaining strength across all sectors – retail, recreation, food, beverage, lodging and transportation,” County Executive Robert P. Astorino said. “The opportunity in front of us is to build on that momentum. One way to do that is to increase awareness of just what the county has to offer visitors as well as residents. The Meet Me in Westchester campaign is... 06/27/2012

    New Yonkers Affordable Housing Open on Historic former Mulford Gardens YONKERS MARKS OPENING OF AFFORDABLE APARTMENTS ON SITE OF FORMER MULFORD GARDENS        Yonkers celebrated the ribbon cutting for Grant Park at Croton Heights and Park Terrace at Croton Heights - two apartment communities recently built to revitalize the historic Mulford Gardens Public Housing Complex and the Ashburton Avenue corridor.       "This is a new day and a new way of living in a place that once was the location of the oldest housing complexes in the country," said Mayor Spano. "People will be proud to say this is their neighborhood and these are their homes."       Located at 110 Ashburton Avenue, the four-story Park Terrace at Croton Heights contains 49 one bedroom apartments for Yonkers seniors with i... 06/24/2012

    As we enter the increasingly hotter days of late spring and early summer, your prospective home buyers will be looking closely at patios, decks, landscaping, air conditioning, and in some cases, pools. So if your home is on the market, you'll want to make sure your house is in top order and summer-friendly.       While a large number of homes sell during March, April and May, June and the summer months run a close second. In fact, June is traditionally a busy month because many families want to get moved during their children's summer vacations and get them situated before the new school year begins.       Home Selling Tips for Summertime Showings in Yonkers, NY   The good news right now is that the combination of interest rates and the lower price of sales prices makes this a super... 06/13/2012

Saturday, May 12 2012, 9:00am - 4:00pm Hits : 71 Find & get what you need for your garden and support local river education at the same time. Reasonably priced vegetables, herbs, flowers, perennnials, and hanging baskets for your garden & home. Plus FREE face painting and Mother's Day Craft from noon to 2:00 PM. Location : Beczak Environmental Education Center, 35 Alexander Street, Yonkers, NYContact : weekends@beczak.org This e-mail address is being protected from spambots. You need JavaScript enabled to view it / 914-377-1900 x 13 www.beczak.org     05/10/2012

19 Market Areas Expected to Bottom in 2012-NY Makes the List    Home prices in a majority of the markets covered in Zillow’s Home Value Forecast are set to bottom this year — if they haven’t already, according to a Zillow report released last week..   “From an economic perspective, the latter part of the first quarter is full of positive news as the spring selling season gets underway,” said Stan Humphries, Zillow’s chief economist, in a news release. “While it is unlikely that national home values continue to rise at this rate through the rest of the spring and summer, it is undeniable that we are seeing sparks of life in the housing market.     Nineteen out of 30 markets in Zillow’s monthly report are expected to hit a bottom, in terms of home prices, at some point in 2012, according ... 04/30/2012

  Proper Preperation for Mortgage Applications in Yonkers   With good preparation, most things are easier. That works in mortgages too! Today, I want to give you some ideas that can make your mortgage experience less painful. Income Items: 1.     Gather your documents. Today, many people will have to produce 2 years’ complete tax returns, including W2′s, 1099′s, K1′s, and all the schedules, as well as a month’s worth of pay stubs. 2.    Be prepared to explain them. Deductions in your returns and your pay stubs may impact the income your lender will use to qualify you which, in turn, has a big impact on the loan you will get. 3.    Have a breakdown of base pay versus overtime for both your pay stubs and 2 years’ W2′s. Lenders treat overtime (and bonus income) differently than your base p... 04/27/2012

  What do you do if you have 30 minutes to waste whilst waiting for a client? Well, I happened to be close to McLean Avenue this afternoon in Yonkers which is well known for great pubs, and Irish shops.... I had to indulge.. not in the pubs of course but in visiting a few of the stores.. Being a Brit, and walking into the stores and seeing the multitude of British (and Irish) candies on display, I was a child again (it doesn't take much)... I was also quite reticent to speak (because of my accent!)... In one store I purchased some sweets (candies) and an assortment of bad foods (see photo) but synominous with what I grew up eating, and then I saw a butcher's store.. Oh my! There was a nice curbside display and it drew me in (it didn't take much)... Oh my goodness.... home made sausages... 04/14/2012

The Big No No's After Applying for a Mortgage         I learned a long time ago that “ common sense is NOT common practice“. This is especially the case during the emotional time that surrounds buying a home, when people tend to do some non-commonsensical things. Here are a few that I’ve seen over the years that have delayed (and even killed) deals:   1.   Don’t deposit cash into your bank accounts. Lenders need to source your money and cash is not really traceable. Small, explainable deposits are fine, but getting $10,000 from your parents as a gift in cash is not. Discuss the proper way to track your assets with your loan officer.   2.   Don’t make any large purchases like a new car or a bunch of new furniture. New debt comes with it, including new monthly obligations. New obligations... 04/12/2012

 Yonkers Residents-Should You Pay Full Commission In This Market? Does it makes sense to pay a full commission to your real estate agent in today’s market? Sellers, buyers and even agents are debating what should be charged to assist a consumer in completing a real estate transaction. Forget what the actual amount of the commission is. The bigger question is whether you should pay a ‘full fee’ when hiring a real estate expert to guide you through the complexities of today’s rapidly changing housing environment.   If a full fee was the rule in 2006 when completing a deal was so much simpler, why would you now consider cutting the fee of your agent in today’s tumultuous market? You are depending on this person to help you reach your goals in a sale or purchase. In 2006, buyers were willin... 03/07/2012

Yonkers, NY -Market Update for January 2012   Yonkers, NY Real Estate Market Update January 2012 , Details about the market update in Westchester, NY... Homes for sale and what is happening in Yonkers. Single Family homes in 10710. 10710 area is moving and things are selling it's a Normal market with 7.4 month supply. Anything between $300k to $500k doesn't stay long in the market . But sellers are getting only 94% of their asking price. Pricing it right with an expert is very important call the Sale Team of Rummy Dhanoa or go to RummyRealEstate.com for more details. Please view the following Video for More Info. http://youtu.be/BJMwKLegodU   The Sales Team of Rumym Dhanoa www.FreeNYHomeSearch.com www.RummyRealEstate.com 03/07/2012

HUD Costs Increase: Effective April 2012 This is a BIG DEAL for The NY Real Estate Market In a move to increase their financial standing (and to get the FHA back into required capital requirements), on Monday, HUD announced their anticipated increases in the premiums they charge borrowers. Simply stated, the cost of borrowing is going up. FHA loans, by design, are more liberal in their underwriting guidelines than most conventional loan products (in terms of credit, income ratios, required investment from the borrower, and maximum loan amount). HUD is not a lender. Rather, it is a federally-insured insurance company. They insure lenders against default on loans underwritten in compliance with their published guidelines. It is because of this insurance that lenders approve and close loan... 03/01/2012

To Pay Rent Or Not To Pay Rent in Yonkers People are delaying the decision to buy a home because they are not sure where prices are headed. If they buy and prices continue to soften, they feel that they will not have purchased at the optimal moment. They reason that, if they sit and wait, they can’t be hurt. This thinking assumes that a non-decision comes without consequence.   The normal response to this thinking by people who are bullish on real estate is that prices may soon turn to the positive or that interest rates will start heading upward. Buy now before the cost of buying increases! Today, we want to look at this from a different angle. We want to alert our readers that their housing expense is about to increase if they continue to rent.   Currently, in most parts of the countr... 02/08/2012

10 Surprising Reasons Yonkers Buyers Cannot Get A Home!!!     Getting a home signifies financial security and an investment for the future. Owning a home is part of the American Dream. There are some surprising reasons why you can’t get a home.       1.       Down Payment – You may have the required 10%-25% of the asking price of the home you are interested in but how you acquired it and how long you’ve had it could keep you from getting the home. Many times relatives offer young couples the down payment. Lending institutions take this into consideration when looking at the ability of a homeowner to keep up with mortgage payments. Saving the down payment over time lends to the credibility of money management.       2.       Credit– Credit history is an ongoing process. Student loans are... 01/25/2012

THE SALES TEAM OF RUMMY DHANOA WOULD LIKE TO INVITE YOU TO OUR INVESTOR'S WORKSHOP:                                                                    Video: http://youtu.be/nwSW_seVvAk PLEASE R.S.V.P. BY JANUARY 21ST - SEATING IS LIMITED CALL 914-902-3252 or go to www.RealEstateWorkshop.Info   www.FreeNYHomeSeach.com www.RummyRealEstate.com 01/16/2012

After a great 4th quarter in 2011 we are excited for the new year in real estate.The Yonkers NY 10710 Area Market had a very stable year after a volatile 2009 and 2010. Pricing is generally flat and volumes are Higher but reasonableReal estate cycles are long and I feel like we are in the middle innings. 
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- Yonkers NYCurrent inventory in Yonkers NY 10710 area is off to a good start only 74 single family homes for sale with a 148 average day of the market and currently the average price is $515k. 27 homes went under contract/ pending before year end which was very encouraging.65 home didn't sell in the last 6 months. Now the best news is that 60 home sold with an average of 187 day of the market, the average list price was $480k and average selling price was $454k. That's a 94.7 % li... 01/12/2012

Yonkers DHB Issues Heat Hotlineand Heating Regulations for Winter SeasonPosted Date: 1/9/2012YONKERS, NY - JANUARY 9, 2012 - The City of Yonkers Department of Housing and Buildings announced today its annual heat complaint hotline and heating regulations for the season for all tenant-occupied residential buildings.The City has set up a Heat Emergency telephone number, receiving calls 24-hours a day, seven days a week, for City Housing residences (apartments, two and three family housed dwellings), at 914-965-3331. The Yonkers Housing and Buildings Department also is fielding calls at 914-965-3331 Mondays through Fridays from 8:30 AM to 4:30 PM (calls received after 4:30 PM will be addressed the following business day).Additionally, the Department mandates during the period from Septembe... 01/09/2012

        Unemployment Rate Falls During the first week of the new year, mortgage rates continued to be influenced by the same factors as in 2011. Stronger than expected US economic data roughly offset continued concerns about Europe, and mortgage rates ended the week nearly unchanged. Friday's Employment report provided further support that the US economy is gaining strength to begin the new year. Against a consensus forecast of 150K, the economy added 200K jobs in December. The Unemployment Rate unexpectedly fell to 8.5%, the lowest level since February 2009, from 8.7% in November. The decline was partly due to the increase in jobs and partly due to people dropping out of the labor force. Average Hourly Earnings, a proxy for wage growth, increased 2.1% from one year ago. This was an enc... 01/09/2012

What can you buy in Yonkers for $350,000? So glad you asked. I happen to have a fresh example of just such a home that closed earlier today for $350,000 right in Yonkers a stone's throw from Bronxville. The property is a charming Tudor with loads of awesome, pre-war appointments like leaded glass windows, classic molding, pretty hardwood floors, and awesome curb appeal that.  The home has 3 bedrooms, a full basement, a detatched garage, a rear patio, a walk up attic, formal dining room, first floor den, and a woodburning fireplace. The location is also wonderful, literally minutes from the Bronxville train station. J. Philip Real Estate listed the property and brought the buyer as well- we wish both our seller client and buyer customer nothing but the best in their new surroundings. Tot... 01/05/2012