edgemont: Economy Killed the Real Estate Star - 09/03/10 04:41 AM
It's hard to read the headlines and not be confused.
Last week, the National Association of Realtors announced that existing-home sales in July had fallen an astounding 25.5 percent from the previous year. Then, just a few days later, some communities like Scarsdale and Edgemont were reporting that sales and prices had actually increased. A few days after that, Yahoo reported that sales prices nationwide had actually increased.
If this doesn’t make your head spin…
Even Time Magazine seems to be getting in on the fun. Their most recent issue, dated September 6, 2010, showcases an article about the pessimism of … (3 comments)

edgemont: Why Waiting To Sell Your Home Might Cost You - 08/19/10 04:19 AM
The last couple of years have been difficult for businesses, homeowners and financial markets, to say the very least. Limited credit, economic uncertainty among businesses and consumers, and poor financial performance across industry sectors make people wonder what their long-term strategy should entail.
As homeowners know, the real estate market took a hit in 2008 and 2009. While signs show the Scarsdale real estate market is improving, including Edgemont, many owners are still hesitant to list their homes for sale and would prefer to wait for some unknown future moment when the market will have improved more greatly.
The remainder of … (3 comments)

edgemont: Double Dip in Real Estate? Scarsdale Begs To Differ - 07/20/10 10:36 AM
It feels like July has barely started, and yet the month is halfway over. Despite the fact that summer is here, and it’s usually a slow time of year, the real estate market continues to impress many.
Already, 5 homes have gone into Conditional Contract since July 1st, while 5 properties are Pending and waiting to close. Looking at the Sold listings, a whopping 22 homes have closed in the first half of July alone. That beats the 13 homes which were sold during the same period of time in 2009.
Double dip? All signs point to “Not in Scarsdale.”
What … (1 comments)

edgemont: New York Real Estate Tax Increases- Will It Kill Our Market? - 06/22/10 08:55 AM
The government knows that improving the real estate market is a big step toward improving the economy. As part of their action plan, they had implemented the First-time Homebuyer Tax Credit, which just expired at the end of April.
National statistics released today by the National Association of Realtors reports that existing home sales dipped 2.2% last month to a seasonally adjusted annual rate of 5.66 million units, down from the upwardly revised rate of 5.79 million in April. Sales year-over-year were up 19.2%.
Despite a gloomy outlook on Real Estate, the state of New York is seriously considering raising real … (2 comments)

edgemont: Senate OKs New Tax Credit Closing Deadline- Will it Become Official? - 06/21/10 11:53 AM
The Senate, with a vote of 60-37, accepted an amendment by Democratic Leader Harry Reid that extends the closing deadline to September 30 for buyers who met the April 30 deadline to have a signed contract.
Backers of the amendment cite a backlog of 180,000 homebuyers as the reason for extending the deadline.
The Senate’s decision is step one in helping future homeowners to obtain the upt to $8,000 credit. Originally, any buyers had to have been in contract by April 30th, and close on their home by June 30, which is just a little over one week away.
“Extending the … (0 comments)

edgemont: Hartsdale Farmers Market - 06/21/10 02:46 AM

The Hartsdale Farmers Market is back! Founded in 1993, and sponsored by the Town of Greenburgh, June 19th is the official start to their season. Every Saturday, you can expect to see stands loaded with fresh fruits, vegetables, breads and pastries.
The market will run every Saturday through November 20.
“We’re about creating clusters of people who are passionate about getting good food,” says Miriam Haas, founder and manager of Community Markets, the small consulting company behind about twenty of the farmers’ markets in the region.
Her endeavor in food organizing began in 1991 in Ossining, New York. Haas and … (1 comments)

edgemont: Should I Stay or Should I Go?- Part 2 - 06/14/10 10:59 AM
What is the effect on Real Estate when you have high property taxes?
There are lots of buyers looking to break into the Scarsdale and Edgemont markets. They've heard of the great school systems and family friendly communities.
But the taxes are high…really high. Even for Westchester County, which has the highest taxes in the nation.
And while many buyers find that they can afford the purchase prices in the area, they have been having difficulty finding taxes they can afford.
"I'd love to move to Scarsdale. I love the community, how close it is to the city and the tree-lined … (0 comments)

edgemont: Should I Stay or Should I Go? - 06/01/10 09:16 AM
 
It’s almost June, a time when High School Seniors are getting ready to graduate. The caps and gowns are being sized, and excitement is in the air! High School is almost over for them, and college is on its way. So why are parents so worried?
It’s been said time and time again, people move here because of the school systems. Scarsdale High School and Edgemont High School both had 100 percent graduation rates last year, topping all high schools in central Westchester, according to data from the New York State Education Department.
Edgemont Union Free School “is a culturally … (1 comments)

edgemont: To Grieve OR Not To Grieve - 05/21/10 04:36 AM
 
It's almost that time of year again, the day all Scarsdale and Edgemont homeowners have been waiting for...GRIEVANCE DAY at the Tax Assessor's office!
June 1st is officially the first day in the tax grievance process.  In Scarsdale, this process lasts until the third Tuesday of the month, which this year falls on June 15th. That officially gives all property owners exactly 15 days to file their applications, with completed paperwork.
If you think you might be over assessed, it might be well worth your time to investigate the possibility in having a case, and you have only two weeks left to … (0 comments)

edgemont: Living in Suburbia - 05/04/10 08:04 AM

Springtime in Scarsdale, yeah it's finally here! The beautiful weather is out which means that it's time to think about Landscaping.
Homes that are coming onto the market are especially concerned with making sure they have great curb appeal. Nothing can dazzle and attract a buyer like colorful flowers.
Who can turn away the idea of buying a house with perfect tulips, bushy hydrangea's, and a blossoming Cherry Tree?
Newcomers who have recently moved to Scarsdale and Edgemont from the more urban areas, like New York City, might be surprised by the amount work and expense it takes to maintain a … (0 comments)

edgemont: Solar Power in Scarsdale? Going Green and Saving Green- Part 2 - 04/27/10 07:34 AM
Most people are aware that solar panels can produce electricity for homes, but there is still a great deal of confusion about how it works.
There is also a lack of education regarding the tremendous government incentives which are now available to homeowners.
When solar panels are installed on a home, you are not "off the grid." Your home is still connected to the power company; you are just drawing less power from the grid and replacing the conventional electricity with power produced at home.
Think of it as a system of debits and credits. On a bright sunny day, the … (0 comments)

edgemont: Are Bidding Wars Back? - 04/16/10 09:33 AM

Bidding wars -two words that are music to a seller's ears. Once thought to be a relic of the real estate boom, "bidding wars" have started reappearing, especially in the Scarsdale area.
In the past, these bidding battles were knock-em-dead-punches made by buyers who had barely made it into the driveway of a home before they were on the phone calling their attorney to draw up the contracts.
Once the recession hit, and banks forgot where their pockets were, bidding wars disappeared faster than magic brownies at a Rolling Stones concert.
Until recently, bidding wars were thought extinct- limited to … (2 comments)

edgemont: The Home Inspection Process for Buyers- What You Should Know - 04/13/10 03:48 AM
You've made an offer on a home you'd like to buy, and it's been accepted. Now what?
Time to schedule a home inspection!
Every buyer wants to make sure the home they purchase doesn't fall down around them the day after they buy it.
A home inspection is an excellent tool for a buyer to help determine not only the condition of the home, but to also foresee any major additional costs that might have otherwise gone unnoticed without the help of a home inspection. Although inspections are not a prediction of future performance, they can pinpoint existing problem areas.
What … (0 comments)

edgemont: SALES DOUBLE IN SCARSDALE Q1 - 04/07/10 05:57 AM
Sales doubled in the 1st quarter of 2010 in Scarsdale versus the same period in 2009, confirming what many real estate agents already know in the area, the number of home sales in the area are rising.
According to data retrieved from the Westchester-Putnam Multiple Listing Service, the number of days on market for home sales increased in the first quarter, from 180 days in 2009 to 278 days in 2010. But, it's important to note, the first quarter contains many homes that were still in contract from 2009, a year where homes were taking time to sell.
"Actually, many homes … (0 comments)

edgemont: Where Does Passion Come From? - 03/30/10 06:00 AM
I recently read this, and decided to post it here. I hope everyone will enjoy it as much as I did.
 
I've been on a big kick lately about people bringing passion to their jobs. I don't care if they are an artist, a banker, a teacher, a waiter or whatever. We need to realize that everyone benefits when people are excited about what they do and how they deliver it to their customers, clients, neighbors and even strangers.The great Martin Luther King, Jr. once gave a speech at a junior high school in Philadelphia in October, 1967 where he … (3 comments)

edgemont: Home Affordable Modification Program - 03/29/10 04:12 AM
The Obama administration announced changes to the Home Affordable Modification Program, which is targeted at helping those who are unemployed and "underwater" on their homes, two groups who need the help the most, and haven't been getting help...until now.
HAMP loan servicers will be required to provide 3 to 6 months of forbearance to eligible homeowners who lose their jobs, reducing their mortgage payments to a level that doesn't exceed 31 percent of their monthly income.
Some homeowners who owe more than their homes are worth will also be able to refinance into loans guaranteed by the FHA, if lenders agree … (0 comments)

edgemont: Will Real Estate Survive The Government...And The Media? - 03/22/10 10:01 AM
So many questions are being asked right now. "Will interest rates be raised?" "Will the health care reform bill hurt the investors in real estate?", "Will Tiger win the next Open?" and "Will the market survive without government subsidies?" It's a wonder we all got out of bed this morning and came to work.
Houses in my area are still selling quickly, many of them going into contract in one week or less. I almost feel like I'm back in the old days...you know...2005.
But with all this talk now of the government not extending the tax credit any further, and … (1 comments)

edgemont: Must Haves For New Buyers - 03/19/10 02:30 AM
Recently, an article was released talking about the Must Have Features that buyers are looking for in homes. I revised the list and customized it to what buyers prefer in the areas I service.
Buyers today want cost-effective architecture and a home that will be flexible with them over time. As people change, and their lifestyles, so must the home.
Buyer trends are constantly shifting. A few years ago, the McMansions in Scarsdale and Edgemont were all the rage. What's popular right now? Purchasers are having more of a focus on family togetherness- a perfect home for them is one that … (3 comments)

edgemont: Tiger Woods is Back With Elin...and Real Estate Stats for 2010 - 03/05/10 04:06 AM
Every day, the news media reports some sort of bleak commentary regarding the economy, government, healthcare, etc. Sometimes it's a wonder that any of us is able to continue going on with our lives.
Another month has passed with an outrageous number of job losses, you almost you wonder how anyone has a job anymore. Even one job loss at this point is too much compared to the already millions of people who do not have any employment.
But with a news media that thinks the top story of the day is telling us how many times Tiger has "birdied" all … (1 comments)

 
Rose Marinaccio (Coldwell Banker Residential Properties)

Rose Marinaccio

Scarsdale, NY

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Coldwell Banker Residential Properties

Address: 870 Scarsdale Ave, Scarsdale, NY, 10583

Office: (914) 723-3340

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