January 2014 Mid Month Real Estate News – Peter Owen Best Agent Garden City, NY

January 12, 2015

Long Island Real Estate

Nassau County, NY Homes

Garden City, Floral Park, West Hempstead, Franklin Square, Mineola, Stewart Manor

Peter Owen

Licensed Real Estate Salesperson

The Donnelly Group

730 Franklin Ave, Garden City, NY 11530

(516)317-2860

Email:  petero@TheDonnellyGroup.com

Hi Everyone

As I have been saying for several months, this market just won’t quit. The market took a breather for about a week over the holidays, but got very active again starting January 5th. The open houses are already getting crowded. It would appear that again this year the Spring Season is going to strart in February, which means the prime selling season will be over by March. Crazy business to be in, but I love it.

Please don’t wait until March or April to list your house since the busy season is going to be over by then as it has been the past 2 years. You will only go yourself a disservice.

Visit my new Website -  http://www.nassaucountynyhomes.com/

Stay Warm!

Peter Owen

 

21 Hot Housing Trends for 2015

Everyone wants to be hip, and the latest trends in design can help distinguish one home from another. And it’s not all flash; many new home fads are geared to pare maintenance and energy use and deliver information faster. Here’s a look at what’s coming.

December 2014 | By Barbara Ballinger

This time of the year, we hear from just about every sector of the economy what’s expected to be popular in the coming year. Foodies with their fingers on the pulse of the restaurant industry and hot TV chefs will tell us to say goodbye to beet-and-goat cheese salad and hello roasted cauliflower, and there’s no end to the gadgets touted as the next big thing.

In real estate, however, trends typically come slowly, often well after they appear in commercial spaces and fashion. And though they may entice buyers and sellers, remind them that trends are just that—a change in direction that may captivate, go mainstream, then disappear (though some will gain momentum and remain as classics). Which way they’ll go is hard to predict, but here are 21 trends that experts expect to draw great appeal this year:

  1. Coral shades. A blast of a new color is often the easiest change for sellers to make, offering the biggest bang for their buck. Sherwin-Williams says Coral Reef (#6606) is 2015’s color of the year because it reflects the country’s optimism about the future. “We have a brighter outlook now that we’re out of the recession. But this isn’t a bravado color; it’s more youthful, yet still sophisticated,” says Jackie Jordan, the company’s director of color marketing. She suggests using it outside or on an accent wall. Pair it with crisp white, gray, or similar saturations of lilac, green, and violet.
  2. Open spaces go mainstream. An open floor plan may feel like old hat, but it’s becoming a wish beyond the young hipster demographic, so you’ll increasingly see this layout in traditional condo buildings and single-family suburban homes in 2015. The reason? After the kitchen became the home’s hub, the next step was to remove all walls for greater togetherness. Design experts at Nurzia Construction Corp. recommend going a step further and adding windows to better meld indoors and outdoors.
  3. Off-the-shelf plans. Buyers who don’t want to spend time or money for a custom house have another option. House plan companies offer myriad blueprints to modify for site, code, budget, and climate conditions, says James Roche, whose Houseplans.com firm has 40,000 choices. There are lots of companies to consider, but the best bets are ones that are updating layouts for today’s wish lists—open-plan living, multiple master suites, greater energy efficiency, and smaller footprints for downsizers (in fact, Roche says, their plans’ average now is 2,300 square feet, versus 3,500 a few years ago). Many builders will accept these outsiders’ plans, though they may charge to adapt them.
  4. Freestanding tubs. Freestanding tubs may conjure images of Victorian-era opulence, but the newest iteration from companies like Kohler shows a cool sculptural hand. One caveat: Some may find it hard to climb in and out. These tubs complement other bathroom trends: open wall niches and single wash basins, since two people rarely use the room simultaneously.
  5. Quartzite. While granite still appeals, quartzite is becoming the new hot contender, thanks to its reputation as a natural stone that’s virtually indestructible. It also more closely resembles the most luxe classic—marble—without the drawbacks of staining easily. Quartzite is moving ahead of last year’s favorite, quartz, which is also tough but is manmade.
  6. Porcelain floors. If you’re going to go with imitation wood, porcelain will be your 2015 go-to. It’s less expensive and wears as well as or better than the real thing, says architect Stephen Alton. Porcelain can be found in traditional small tiles or long, linear planks. It’s also available in numerous colors and textures, including popular one-color combos with slight variations for a hint of differentiation. Good places to use this material are high-traffic rooms, hallways, and areas exposed to moisture.
  7. Almost Jetson-ready. Prices have come down for technologies such as web-controlled security cameras and motion sensors for pets. Newer models are also easier to install and operate since many are powered by batteries, rather than requiring an electrician to rewire an entire house,says Bob Cooper at Zonoff, which offers a software platform that allows multiple smart devices to communicate with each other. “You no longer have to worry about different standards,” Cooper says.
  8. Charging stations. With the size of electronic devices shrinking and the proliferation of Wi-Fi, demand for large desks and separate home office is waning. However, home owners still need a dedicated space for charging devices, and the most popular locations are a corner of a kitchen, entrance from the garage, and the mud room. In some two-story Lexington Homes plans, a niche is set aside on a landing everyone passes by daily.
  9. Multiple master suites. Having two master bedroom suites, each with its own adjoining bathroom, makes a house work better for multiple generations. Such an arrangement allows grown children and aging parents to move in for long- or short-term stays, but the arrangement also welcomes out-of-town guests, according to Nurzia Construction. When both suites are located on the main level, you hit the jackpot.
  10. Fireplaces and fire pits. The sight of a flame—real or faux—has universal appeal as a signal of warmth, romance, and togetherness. New versions on the market make this amenity more accessible with more compact design and fewer venting concerns. This year, be on the lookout for the latest iteration on this classic: chic, modern takes on the humble wood stove.
  11. Wellness systems. Builders are now addressing environmental and health concerns with holistic solutions, such as heat recovery ventilation systems that filter air continuously and use little energy, says real estate developer Gregory Malin of Troon Pacific. Other new ways to improve healthfulness include lighting systems that utilize sunshine, swimming pools that eschew chlorine and salt by featuring a second adjacent pool with plants and gravel that cleanse water, and edible gardens starring ingredients such as curly blue kale.
  12. Storage. The new buzzword is “specialized storage,” placed right where it’s needed. “Home owners want everything to have its place,” says designer Jennifer Adams. More home owners are increasingly willing to pare the dimensions of a second or third bedroom in order to gain a suitably sized walk-in closet in their master bedroom, Alton says. In a kitchen, it may mean a “super pantry”—a butler’s pantry on steroids with prep space, open storage, secondary appliances, and even a room for wrapping gifts. “It minimizes clutter in the main kitchen,” says architect Fred Wilson of Morgante-Wilson.
  13. Grander garages. According to Troon Pacific, the new trends here include bringing the driveway’s material into the garage, temperature controls, sleek glass doors, specialized zones for home audiovisual controls, and a big sink or tub to wash pets. For home owners with deeper pockets, car lifts have gone residential so extra autos don’t have to be parked outside.
  14. Keyless entry. Forget your key (again)? No big deal as builders start to switch to biometric fingerprint door locks with numerical algorithms entered in a database. Some systems permit home owners to track who entered and when, says Malin of Troon Pacific.
  15. Water conservation. The concerns of drought-ravaged California are spreading nationwide. Home owners can now purchase rainwater harvesting tanks and cisterns, graywater systems, weather-controlled watering stations, permeable pavers, drought-tolerant plants, and no- or low-mow grasses.
  16. Salon-style walls. Instead of displaying a few distinct pieces on a wall, the “salon style” trend features works from floor to ceiling and wall-to-wall. Think Parisian salon at the turn of the century. HGTV designer Taniya Nayak suggests using a common denominator for cohesiveness, such as the same mat, frame color, or subject matter. Before she hangs works, she spaces them four to five inches apart, starting at the center and at eye level and working outward, then up and down. She uses Frog Tape to test the layout since it doesn’t take paint off walls. Artist Francine Turk also installs works this way, but prefers testing the design on the floor like a big jigsaw puzzle.
  17. Cool copper. First came pewter; then brass made a comeback. The 2015 “it” metal is copper, which can exude industrial warmth in large swaths or judiciously in a few backsplash tiles, hanging fixture, or pots dangling from a rack. The appeal comes from the popularity of industrial chic, which Restoration Hardware’s iconic style has helped promote, says designer Tom Segal.
  18. Return to human scale. During the McMansion craze, kitchens got so big they almost required skates to get around. This year we’ll see a return to a more human, comfortable scale, says Mark Cutler, chief designer of design platform nousDecor. In many living or family rooms that will mean just enough space for one conversation grouping, and in kitchens one set of appliances, fewer countertops, and smaller islands.
  19. Luxury 2.0. Getting the right amount of sleep can improve alertness, mood, and productivity, according to the National Sleep Foundation. With trendsetters such as Arianna Huffington touting the importance of sleep, there’s no doubt this particular health concern will go mainstream this year. And there’s no space better to indulge the desire for quality rest than in a bedroom, says designer Jennifer Adams. “Everyone is realizing the importance of comfort, quality sleep, and taking care of yourself,” she says. To help, Adams suggests stocking up on luxury bedding, a new mattress, comfortable pillows, and calming scents.
  20. Shades of white kitchens. Despite all the variations in colors and textures for kitchen counters, backsplashes, cabinets, and flooring, the all-white kitchen still gets the brass ring. “Seven out of 10 of our kitchens have some form of white painted cabinetry,” says builder Peter Radzwillas. What’s different now is that all-white does not mean the same white, since variations add depth and visual appeal. White can go from stark white to creamy and beyond to pale blue-gray, says Radzwillas. He also notes that when cabinets are white, home owners can choose bigger, bolder hardware.
  21. Outdoor living. Interest in spending time outdoors keeps mushrooming, and 2015 will hold a few new options for enhancing the space, including outdoor showers adjacent to pools and hot tubs along with better-equipped roof decks for urban dwellers. Also expect to see improvements in perks for pets, such as private dog runs and wash stations, says landscape architect Jean Garbarini of Damon Farber Associates.

While all of these items refer to almost all houses and towns, they are especially applicable to towns such as Garden  City, NY, Malverne, Floral Park, West Hempstead all on Long Island in Nassau County.

While it’s fun to be au courant with the latest trends, it’s also wise to put what’s newest in perspective for your clients. Remind them that the ultimate decision to update should hinge on their needs and budgets, not stargazers’ tempting predictions

Garden City

New York median sales prices

Franklin Square

Franklin Square median sales prices

Floral Park

Floral Park median sales prices

Malverne

Malverne median sales prices

If you would like a free Comparative Listing Report to see what price you  can expect in this market, just call or email me. Absolutely no  obligation or pressure. I am one of the

 

Peter Owen

Licensed Real Estate Salesperson

The Donnelly Group

730 Franklin Ave, Garden City, NY 11530

(516)317-2860

Email:  petero@TheDonnellyGroup.com

Website: http://www.nassaucountynyhomes.com/

Best, top, most trusted and dedicated agent covering Garden City, Stewart Manor, Floral Park, Malverne, Lynbrook, Roslyn Estates, and Roslyn Heights displaying a high degree of integrity, service 24/7, professional attitude and actions.

December 2014 Real Estate News – Peter Owen- covering Garden City, Stewart Manor, Floral Park, Malverne, Lynbrook, Roslyn Estates and Roslyn Heights

November 29, 2014

Long Island Real Estate

Central Nassau County

Garden City, Floral Park, West Hempstead, Franklin Square, Mineola, Stewart Manor

Peter Owen

Licensed Real Estate Salesperson

The Donnelly Group

730 Franklin Ave, Garden City, NY 11530

(516)317-2860

Email:  petero@TheDonnellyGroup.com

Hi Everyone

Well the number of new listings finally slowed down a bit, but is still well ahead of past years for this season. Still, there are only 79 houses for sale in Garden City, 35 in Malverne, 10 in Roslyn Estates, and 1 – yes, only 1 in Stewart Manor. Reason is the Buyers are still active as I have been saying for the past 4 months. Buyers just won’t go away, and are gobbling up the inventory that is out there. So if people are advising you to wait until Spring, I cannot say it enough – do NOT wait. Spring will bring a new set of buyers, but also all the Sellers who think Spring is the only time to sell. You will face much increased competition come March and who knows what the Buyer situation will be then.

Call me if you need assistance in any Real Estate transaction or if you have any questions.

Enjoy the holiday season and plan plenty of time for family.

Lastly, visit my new Website – NassauCountyHomesNY.com which is still evolving, and let me know what you think.

Peter Owen

Lighting Primer: Don’t Be in the Dark!

Good lighting can make a room look more attractive, larger, more romantic — even safer. Help home owners make smart decisions that turn buyers on.

August 2014 | By Barbara Ballinger


Don’t let home owners struggle with what type of lamps to buy or how many lights to use inside and outside their home. Get up to speed on illumination options — bulbs, fixtures, terminology, and more — so no one’s left in the dark.  Design experts have provided REALTOR® Magazine with answers to common lighting questions, which will help you better serve your clients:
Q. How much light does a room need? A. It depends on a room’s size, color palette, and natural light and the function it serves, says Joseph A. Rey-Barreau, consulting director of education for the American Institute of Architects and associate professor at the University of Kentucky. He says most rooms should have three different layers: ambient or general lighting that gives a room its overall light, task lighting that sheds light on an area so users can perform a function such as reading at a computer, and accent lighting that focuses on a specific architectural detail, like a coffered ceiling.
Q. How do home owners achieve specific effects in each room? A. They can use a mix of fixtures and lamps, depending on the room’s size and furnishings, as well as the desired brightness and color quality of the lighting, say Rey-Barreau.
Home owner Suzanne Alfieri wanted different lighting than the ceiling high hats and two pendants she had before she and her husband redid their dated 1990s kitchen. John Starck, president and CEO of Showcase Kitchens in Manhasset, N.Y., added new cans with more energy-efficient bulbs that worked better with the room’s different ceiling heights and skylight. He also installed sconces with shades on either side of a 60-inch range to add a soft glow.
Q: What about the type of lamps or bulbs? A: Due to the need to cut energy use, the federal government has required that certain bulbs be phased out over time, and states have instituted regulations, too. This has led to the increased use of LEDs, which are much more efficient and give off less heat than traditional incandescents. One area where they have helped greatly is in the ceiling, eliminating the “Swiss-cheese effect” caused by many cans. Though they used to cost much more than incandescents, prices for LEDs have come down – and they don’t have to be replaced as often, which helps in hard-to-reach places such as high ceilings and closets, says Ryan Ramaker, product marketing manager at Acuity Brands. Colors have also been improved to match warmer incandescents, and they work in almost all applications, both outdoors and indoors, says Michael Murphy, interior design and trends producer of Lamps Plus, a lighting retailer.
Another good option is compact fluorescent lamps, which are slightly less efficient than LEDs, yet more efficient than standard incandescents. Incandescents are still useful as halogen incandescents, particularly for table lamps and recessed lamps. Other fluorescent lights are seldom used any more, says Rey-Barreau.
Q: What should home owners look for on packaging to buy the best light? A: Thanks to the Federal Trade Commission’s Energy Labeling Rule, lightbulb packages must be labeled with “Lighting Facts” to help make choices, similar to how food packages are labeled with “Nutrition Facts.”
Here are three key definitions: Lumens: Measures the amount of light produced (rather than the old method of watts, which indicated how much energy was used). A 100-watt incandescent bulb produces about 1750 lumens.
Kelvins: The color of the bulb’s light. A warm, white LED usually is rated below 3000 Kelvin, while a cooler blue is typically above 3500, says Rey-Barreau.
Color Rendering Index (CRI): Measures the accuracy of color from a lamp on a scale of 0 to 100. Higher numbers provide better color rendering. Many choices today are dimmable, which helps vary effects and avoid having a shopping mall ambience in a home, says Kelly Daiberl, design coordinator and real estate salesperson at Kinzie Real Estate Group’s custom homes division in Vernon Hills, Ill.
Q: What about cost? A: Rey-Barreau estimates that yearly costs are based on three hours of use daily for a year. A 13-watt CFL might cost $1.57 a year while an 18-watt CFL might run $2.17 a year for the same daily amount of light. LED bulbs cost about $15 apiece now, but might have been double two years ago. LED tape that’s one-quarter-inch is only $7 to $10 a foot and works well underneath cabinets since it’s barely visible. A 60-watt incandescent might last 1,000 hours, a typical CFL might last 10,000 hours, and a LED 50,000 hours.
Q: When should lighting choices be made in the decorating or remodeling process? A: Early on, and preferably before rooms are painted, patched, or wallpapered in case wiring or outlets have to be installed or holes cut for cans, chandeliers, swing-arm wall lamps, or sconces. A good example would be cove lighting, a ceiling addition that requires concealing low-voltage strips for a nice glow, says Daiberl. Choices should also be made in conjunction with furnishing plans since it’s wise to have some type of lighting close to a sofa, chair, or bed. Too often cans are installed in a ceiling willy-nilly rather than with a purpose in the room design. Usually, 5-inch-diameter cans should be spaced 6 to 8 feet apart in a 9-foot high ceiling. Many room lighting systems allow home owners to alter moods from their computer, phone, or tablet without great cost.
Q: What are some helpful tips for sellers? A: Advise home owners to be sure their electrical panel is updated to a minimum of 200 amps. Also, tell them to play up positive features such as exterior specimen trees and walkways and interior features such as furnishings, architectural structures, or artwork. Every lamp or fixture should be in good working order with the right lumens and bulbs, and fixtures should be squeaky clean. The biggest mistake home owners make is using inappropriate lighting in a room. Remember, lighting needs to change over the course of a day.
Q: Finally, any trends home owners should know about? A: When it comes to fixtures, Lamps Plus’ Murphy notes a trend for antique bronze, blue hues, exaggerated sizes, floor lamps, and the continued appeal of Mid-Century Modern designs.

Garden City

Garden City median sales prices

Floral Park

Floral Park median sales prices

Roslyn Heights

Roslyn Heights median sales prices

Malverne

Malverne median sales prices

 

If you would like a free Comparative Listing Report to see what price you  can expect in this market, just call or email me. Absolutely no  obligation or pressure. I am one of the

best, most trusted agents covering Garden City, Stewart Manor, Floral Park, Malverne, Lynbrook, Roslyn Estates, and Roslyn Heights displaying a high degree of integrity, service 24/7, professional attitude and actions. A dedicated agent is the only way to go.

Peter Owen

Licensed Real Estate Salesperson

The Donnelly Group

730 Franklin Ave, Garden City, NY 11530

(516)317-2860

Email:  petero@TheDonnellyGroup.com

Website: http://www.nassaucountynyhomes.com/

What Does a Mutual Funds Name Tell You About the Fund?

January 30, 2011

What Does a Mutual Funds Name Tell You About the Fund?  click here to view article

January 2011 Trendline Financial Monthly

January 27, 2011

Trendline Financial Solutions

Peter Owen, ChFP, CLU, FLMI, CRSP, CISP
President
223 Parker Avenue
West Hempstead NY 11552
(516) 317 – 2860
peter@trendlinefinancialsolutions.com
www.TrendlineFinancialSolutions.com

Trendline Financial Monthly
  January 2011
Hi Everyone, and a very Happy New Year to You All
I am very optimistic about the coming year. The Markets look like they will grow( with bumps of course), Family is healthy (I’m back in the gym), two vacations already planned for Spring and Summer, and business is growing as my company becomes known locally. I still see that many people continue to struggle financially due to the still slow job market. I am here to help you and your families whenever needed. Set your goals for the year, including much time for yourself and your family.
I started a new Blog unrelated to business about Long Island’s Wine Country. Visit the site to see if you like it. I would appreciate your Subscribing to the site by hitting the Button on the upper right side.    click here North Fork Living 
 Peter Owen
Five Hot Topics in 2011
Roth conversions, mortgages, and health-care reform were a few of the most talked about topics in 2010. Here’s a look at five topics you’re bound to hear about in 2011.
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Estate Tax Update
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 dramatically changes the federal transfer tax landscape. The estate and generation-skipping transfer taxes have been reinstated for 2010. For 2010 through 2012, there is an estate tax exemption equivalent amount of $5 million (indexed for inflation in 2012), and the top estate tax rate is 35%.
More Details
First Milestones Mark Need for Financial Advice
A financial professional can prove to be a valuable resource to those just starting out. And, while there’s never a bad time to seek professional advice, early life-changing events make it especially important to take stock of your financial situation.
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Is buying a condo for my college student a good idea?
Many parents like the idea of buying a condo for their college student when they estimate the amount of money they’ll be paying for dorm rooms and off-campus apartments over several years. But, assuming your child is responsible enough to take care of a property, whether it makes financial sense to buy one depends on several factors.
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I plan to buy my child a condo for off-campus college housing. Is this purchase considered a qualified 529 plan expense?
Unfortunately, the purchase price of your child’s condo is not a qualified higher education expense for 529 plans under IRS rules. But a room and board allowance may be.
More Details
Refer a friend
The information in any newsletter or within the website should not be construed, in any manner whatsoever, as the receipt of or a substitue for personalized individual advice from Trendline Financial Solutions. Advice may only be given after client has received a copy of the Firm’s Form ADV on file with the New York State Dep’t of the Attorney General, appropriate Firm disclosures as required by Law, and entered into a Financial Planning agreement with the Firm.

 

Trendline Financial  Solutions is a Financial Planner Firm offering Financial Planning and Investment Management with Offices in Southold, Great Neck and West Hempstead, NY, convenient to Garden City, Rockville Centre, Floral Park, Franklin Square, Long Beach, Malverne, Mineola, Manhasset, Roslyn, Port Washington, Mattituck, Cutchogue

Common Misconceptions of Your 401k Trustee

January 24, 2011

Common Misconceptions of Your 401k Trustee   click here to view article

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