Westchester County Home News

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Friday, February 19, 2010

Be You!!

I know what it's like. I've seen it played out a few zillion times. You're waiting for that magical day when someone makes the connection and recognizes who you really are. Maybe they'll first catch the sparkle in your eye. Or perhaps they'll marvel at your insights and the depth of your spirit. Someone who will help you connect the dots, believe in yourself, and make sense of it all. Someone who will understand you, approve of you, and unhesitatingly give you a leg up so that life can pluck your ready, ripened self from the branch of magnificence.

Well, I'm here to tell you, your wait is over.

That someone, is you.

Anthony Crecco
   The Crecco Companies
   www.CreccoRealEstate.com
   www.CreccoBordonaro.com
   www.CreccoSocialMedia.com

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

Tuesday, February 16, 2010

Patience and Tolerance

Until you have learned

to be tolerant with those

who do not always agree with you;

until you have cultivated the habit

of saying some kind word

of those whom you do not admire;

until you have formed the habit

of looking for the good

instead of the bad there is in others,

you will be neither successful nor happy.

Napoleon Hill

Anthony Crecco
   The Crecco Companies
   www.CreccoRealEstate.com
   www.CreccoBordonaro.com
   www.CreccoSocialMedia.com

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

Monday, February 15, 2010

Last Week in the News

_______________________________

Retail sales rose 0.5% in January, following a revised 0.1% decrease in December. Economists had anticipated retail sales to rise 0.3% in January. On a year-over-year basis, retail sales increased 4.7%.

Total business inventories unexpectedly fell 0.2% in December due to stronger than anticipated sales. Inventories had risen 0.4% in both November and October. The inventory-to-sales ratio fell to 1.26 in December. That’s below the pre-recession average of 1.28.

The trade deficit grew 10.4% to $40.18 billion in December from a $36.4 billion gap in November. Economists had expected the trade deficit to widen to $36 billion. Exports increased 3.3% to $142.70 billion, the eighth consecutive monthly gain. Imports rose 4.8% to $182.88 billion.

Initial claims for unemployment benefits fell by 43,000 to 440,000 in the week ending February 6. Continuing claims for the week ending January 30 fell by 79,000 to 4.538 million.

The Commerce Department said wholesalers cut their inventories by 0.8% in December following a 1.6% rise in November. Meanwhile, sales at the wholesale level rose 0.8% in December, marking the ninth straight monthly gain.

The Reuters/University of Michigan consumer sentiment index for February’s preliminary reading fell to 73.7 from January's final reading of 74.4. Economists had forecast a February reading of 75. One year ago, January’s final reading was 56.3. During the economic expansion that ended in December 2007, the index averaged 88.9.

Upcoming on the economic calendar are reports on the housing market index on February 16, housing starts and industrial production on February 17, and the index of leading economic indicators on February 18.

Anthony Crecco
   The Crecco Companies
   www.CreccoRealEstate.com
   www.CreccoBordonaro.com
   www.CreccoSocialMedia.com

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

Power of Love in Your Life

"Your close relationships are either a catalyst for manifesting what you really want, or they're a hindrance to your manifestation. If you truly value the power of love in your life, you owe it to yourself to discover how to tap into the power of your relationship as a force for manifestation."

Anthony Crecco
   The Crecco Companies
   www.CreccoRealEstate.com
   www.CreccoBordonaro.com
   www.CreccoSocialMedia.com

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

Friday, February 12, 2010

The Right Way to Manage Your Credit Cards

While one in seven Americans has at least 10 credit cards, the average is four, according to a report from Experian. Usage on credit cards has dropped dramatically in the last two years as financially constrained consumers have reduced spending and begun paying off debt. The national average interest rate on credit cards as of November 2009 is 12.64%, which has declined 0.45% from six months earlier.

As a member of the Top 5 in Real Estate Network®, I, along with my team, know that mortgage-seeking clients are always asking for advice on how they can improve their credit profile, such as the number of credit cards they should have. According to the credit experts at ApprovalGuard.com, however, it’s not just the number of credit cards you have, but how you use and manage those cards.

Here are some critical tips for managing your credit cards in order to maximize your credit profile:

1.Use your credit cards regularly, but in small amounts, never exceeding 30% of your entire credit line. For example, if your card limit is $4,000, set a self-imposed limit to keep your balance at $1,200.
2.Even if you pay your bills on time, coming close to your full balance each month affects your credit score negatively. Regularly maxing out your card limit is a bad habit in the eyes of credit-rating firms. It’s better to spread your credit charges out over two or three cards, keeping each balance at or below 30% of your total credit line.
3.Don’t get rid of old cards even if they have higher interest rates than ones you may get on newer cards. Credit rating firms like to see a well-established history, so utilize your old cards every so often for small purchases.
4.On the flip side, avoid getting new cards, if possible. When you add a new credit card, your credit score will likely suffer a temporary drop until you have established a payment history with that card.

Well-managed credit cards will assist you in establishing a stronger credit profile and better credit scores that can potentially lead to lower interest rates and terms when applying for home loans. For more information on shoring up your credit profile, please e-mail our team. Feel free to pass this important article along to your friends, colleagues and family. All of us can use some guidance in managing our credit in today’s economic environment.

Sincerely,

Anthony Crecco & Joanne Ricciardella
Crecco Real Estate
Office: 914-449-6547
Mobile: 914-469-1861
anthony@creccorealestate.com
http://www.CreccoRealEstate.com

THE CRECCO COMPANIES

Real Estate Remodeling Social Media

Anthony J Crecco

Short Sale and Loan Modification Expert

Thornwood NY 10594

914.269.8184

www.CreccoRealEstate.com

Your Home Sold Guaranteed or I will Buy it for Cash

SEARCH THE MLS LIKE AN AGENT

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

Monday, February 8, 2010

Last Week in the News

The Institute for Supply Management reported that the monthly index of manufacturing activity rose to 58.4 in January after reaching 54.9 in December. It was the sixth straight month of expansion and the fastest pace of growth since August 2004. A reading above 50 signals expansion.

The Commerce Department reported that total construction spending fell 1.2% in December after a downwardly revised 1.2% decline in November. Economists had expected a decrease of 0.5%.

The National Association of Realtors reported that its pending home sales index, a forward-looking indicator based on signed contracts, rose 1% in December. Compared to a year ago, pending home sales are up 11%.

The U.S. non-manufacturing sector rose to 50.5 in January from a downwardly revised 49.8 in December. A reading above 50 signals expansion. Economists had anticipated a reading of 51.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications for the week ending January 29 rose 21% to 620.7. Purchase volume increased 10.3% to 237.8. Refinancing applications jumped 26.3% to 2,854.8.

The Commerce Department reported that factory orders rose 1% in December. That was double the 0.5% increase economists had anticipated. It was the fourth straight gain and follows a revised 1% increase in November.

The Labor Department reported that productivity rose at an annual rate of 6.2% in the fourth quarter, following a revised third-quarter gain of 7.2%. Labor costs fell at an annual rate of 4.4%.

The unemployment rate fell to 9.7% in January from 10% in December. Employers cut 20,000 jobs in January, far fewer than the 150,000 jobs lost in December. The four-week average for continuing jobless claims fell 51,250 to 4.618 million.

Upcoming on the economic calendar are reports on wholesale trade on February 9, retail sales on February 11 and consumer sentiment on February 12.

THE CRECCO COMPANIES

Real Estate Remodeling Social Media

Anthony J Crecco

Short Sale and Loan Modification Expert

Thornwood NY 10594

914.269.8184

www.CreccoRealEstate.com

Your Home Sold Guaranteed or I will Buy it for Cash

SEARCH THE MLS LIKE AN AGENT

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

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Thursday, February 4, 2010

Relocating? Top 5 Reasons to Find the Right Real Estate Agent Team

Relocating? Top 5 Reasons to Find the Right Real Estate Agent Team

Believe it or not, even though selling and buying a home is one of the most stressful, most important financial and lifestyle investments you’ll ever make, most people spend very little time in selecting a real estate agent or team to work with. Even worse, most people tend to believe that all real estate agents and teams are the same and possess the same skill sets and capabilities.

As a member of the Top 5 in Real Estate Network®, an elite group of real estate agents that requires members to meet a series of stringent criteria before joining, I, along with my team, know all too well how wrong the above perceptions are. When confronting any real estate decision, especially one that involves relocating to a different region or state, it is critical to select an agent team with the necessary skills, experience and proven results.

Here are the top 5 reasons to use a professional real estate agent team to handle your relocation:

1. The amount of homework involved. Moving to a new area means conducting a lot of research to learn about school systems, recreational activities, community services, etc. A seasoned, qualified agent team will do most of this work for you and will suggest accurate resources for you to search out on your own.

2. The need for sounding boards. A relocation places a fair amount of stress not just on you, but on your entire family. There will be lots of concerns, questions and anxieties involved. A professional real estate agent team has dealt with this situation hundreds or thousands of times and will know how to listen and respond with the right information to allay the fears of your entire family.

3. Settling into the new area. Successfully acclimating to the new area means quickly finding access to your favorite sports, hobbies, interests, etc. A professional real estate agent team is well-steeped in his or her community and will help get you and your family involved in the things you love to do right away.

4. Gathering the right paper work. From school records to medical information, there is a lot of paperwork that needs to relocate with you. Your real estate agent team should be able to provide you with a checklist of all the materials you will need to gather and transport well in advance.

5. A network of professionals. Successfully relocating to a new area requires not just working with a professional real estate agent team, but many other credible professionals as well, such as builders, landscapers, handymen, child care providers…the list goes on. The right agent team is well entrenched with many proven professionals in all of these fields and more, and can serve as a single hub for great referrals. Top 5 Members have access to a large network of other Top 5 Members across North America, ready to assist in your successful relocation.

Handled correctly, a relocation is a positive, exciting experience—a fresh start, not a painful mistake. If you’d like to learn more about ensuring a smooth and happy relocation, feel free to e-mail our team and I’d be happy to share what I know. Please pass this e-mail along to family and friends who might also have a relocation in their future.

Sincerely,

Anthony Crecco & Joanne Ricciardella
Crecco Real Estate
Office: 914-449-6547
Mobile: 914-469-1861
anthony@creccorealestate.com
http://www.CreccoRealEstate.com

THE CRECCO COMPANIES

Real Estate Remodeling Social Media

Anthony J Crecco

Short Sale and Loan Modification Expert

Thornwood NY 10594

914.269.8184

www.CreccoRealEstate.com

Your Home Sold Guaranteed or I will Buy it for Cash

SEARCH THE MLS LIKE AN AGENT

See and download the full gallery on posterous

Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION

Monday, February 1, 2010

Last Week in the News

The Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at an annual rate of 5.7% in the fourth quarter of 2009. It was the second consecutive quarter of growth and the fastest pace since the third quarter of 2003.

The Standard & Poor’s/Case-Shiller 20-city housing price index rose a seasonally adjusted 0.2% in November. It was the sixth consecutive monthly gain and follows a 0.4% increase in October. On a year-over-year basis, the gauge was down 5.3% from November 2008.

The consumer confidence index rose to 55.9 in January from an upwardly revised 53.6 in December. The index was benchmarked at 100 in 1985, a year chosen because it was neither a peak nor a trough in consumer confidence.

Existing home sales fell 16.7% in December to a seasonally adjusted annual rate of 5.45 million units from 6.54 million units in November. The drop was largely due to the anticipated expiration of a tax incentive for first-time homebuyers, which has since been extended and expanded. The inventory of unsold homes on the market fell 7% to 3.3 million, a 7.2-month supply at the current sales pace.

Orders for durable goods — items expected to last three or more years — rose 0.3% in December after a 0.2% increase in November. Excluding volatile transportation-related goods, orders posted a monthly gain of 0.9%.

New home sales fell 7.6% in December to a seasonally adjusted annual rate of 342,000 units from an upwardly revised rate of 370,000 units in November.

Initial claims for unemployment benefits fell by 8,000 to 470,000 in the week ending January 23. Continuing claims for the week ending January 16 fell by 57,000 to 4.6 million.

Upcoming on the economic calendar are reports on construction spending on February 1, pending home sales on February 2 and factory orders on February 4.

THE CRECCO COMPANIES

Real Estate Remodeling Social Media

Anthony J Crecco

Short Sale and Loan Modification Expert

Thornwood NY 10594

914.269.8184

www.CreccoRealEstate.com

Your Home Sold Guaranteed or I will Buy it for Cash

SEARCH THE MLS LIKE AN AGENT