Top Ten List Real Estate Stacy 2010

Real Estate
Life Trends
2010

Contact Information
SWPG AT BOND NEW YORK
1776 Broadway NY, NY 10019
1-212-792-9275
swilson@bondnewyork.com

PURSE STRINGS
ARE NOT Lenders
GETTING ANY Stand
LOOSER
Their
Ground
According to the Federal Reserve, fewer banks
tightened their lending standards in the third
quarter of 2009. However, that doesn't mean
lending standards have gotten looser, either. In
2010, banks will continue to keep the subprime
mortgage debacle in mind and require
extensive documentation and stellar credit

10
from borrowers. If you plan on applying for a
loan in 2010, take steps now to get your
finances in order and boost your credit score.

Contact Information
1-212-792-9275

BUYERS
STILL A
Stable Home Prices &
Low Interest Rates in
MARKET the City
Bring More Buyers
Back into the Game
Home prices in Manhattan fell in the fourth quarter of 2009, but the markdown
pushed buyers into the market, according to several reports released in Jan 2010 by
New York City's biggest brokerages.

Manhattan's median apartment price fell between 10 percent and 15 percent from
the same period last year, reports by the biggest brokerages put the fourth quarter's
median sales price at $810,000

But data also shows price drops moderating and even reversing between the third

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and fourth quarters amid a spike in sales activity. Prices have fallen 20 percent from
their pre-Lehman peak, enough to lure those buyers who survived the financial
upheaval back into the real estate market.

Buyers realized that if the didn’t get back into the game and kept sitting on the
fence, all they'd get is splinters.

Contact Information
1-212-792-9275

8 Tax-Credit
Extension Leads to
Increased Activity
in the First Quarter
In 2009, the federal government's $8,000 tax credit for first-
time homebuyers was a huge topic in the real estate world.
The credit gave thousands of on-the-fence buyers the nudge
they needed to finally purchase their first homes. The National
Association of Realtors, for example, estimates 350,000
homes nationwide were sold to first-time buyers who
probably wouldn't have bought a home if not for the credit.

Hoping to continue the recovery of the housing market, the

TAX
federal government extended the credit –The $8000
Homebuyer Tax Credit was extended for first time home
buyers who sign a binding contract by April 30, 2010 and close
on the purchase by June 30, 2010; and expanded for home
buyers to include a $6,500 credit for current homeowners

CREDIT
who purchase a new primary residence. Under the terms of
the legislation, "current" homeowners must have used the

EXTENDED
home they have sold, or that is being sold, as their primary
residence consecutively for five of the past eight years. In
addition, other eligibility requirements apply, including
income limits.

Contact Information
1-212-792-9275

CASH
KING
IS

If you plan on buying a home in 2010, especially a low-
priced foreclosure or short sale, be prepared for
competition. Demand is high for these properties, so it's
not uncommon for bidding wars to break out over them.
Real estate investors are particularly tough for regular
buyers to contend with: Many investors are making all-
cash offers, and banks -- who are often more concerned

7
with making a speedy sale than with getting the highest
price possible -- are accepting these offers over higher-
priced offers where loans are involved. To stand out from
the competition, make your offer as attractive as possible.
That means saving up a sizable amount of cash for a down
payment and making an offer that's close to -- or even
above -- asking price.

Contact Information
1-212-792-9275

6 WAYS NYC IS
4. ENERGY
FOR MORE than 75 years, the George Washington Bridge has been a critical link
between New York City and New Jersey, with more than 100,000 vehicles crossing the

GOING GREEN
stretch each day. Yet with 156 lights stretching across its necklace -- the giant cables
that support the famed suspension bridge -- and hundreds more illuminating the
structure, the span has turned out to be an energy hog. Until now.
Since February, the bridge's dedicated team of electricians have been climbing bouncy,
windblown steel cables to rewire the lights, swapping the power-slurping old-fashioned
gas mercury fixtures for LEDs (lighted electric displays).
Drivers speeding up the West Side can see the new dazzling eco-lights fluttering on the
northwest corner of the overpass. This bit of 21st-century green technology will save
close to $50,000 a year and reduce carbon emissions by 220,000 pounds.

5. RECYCLING
Each day teams of unsung heroes, dedicated New York City sanitation workers scoop
up nearly nine tons of paper waste in their White Elephant, one of hundreds of those
big, loud garbage trucks dedicated to recycling. The paper -- from newspapers to
magazines to cardboard boxes -- is loaded onto a barge off the West Side at 59th Street
and makes its way to Pratt Industries, a colossal recycling plant on Staten Island. Once
there, massive machinery (a metal claw that grips 15 tons per grab and a house-size
washing machine are just part of the enormous process) cleans, chops and pulps the
waste into fresh, 10-ton rolls of brown paper.
1. FOOD A factory at Pratt then takes the rolls and converts them into nearly 250,000 pizza
boxes every day that are then shipped to more than 7,000 pizza joints in the five
By joining a neighborhood CSA -- Community boroughs.
Supported Agriculture -- urban dwellers don't
merely share in farming without getting their 3. REUSE
hands dirty and get fresh produce. They also Talk about functional fashion!
are helping the environment. At Hackensack University Medical 6. BEES
Through local CSAs, participants buy a Center's Sarkis and Siran Gabrellian To bee, or not to bee. New York City is secretly buzzing this week -- with about 3 million
seasonal share in a farm within 250 miles of Women's and Children's Pavilion, the new honeybees imported from Georgia.
the city before the season begins. Once the building walls are insulated with, well -- The city's newest residents are expected to turn up in gardens, vest-pocket parks and
harvest starts rolling in, members pick up their recycled jeans! rooftops from The Bronx to Brooklyn and produce what beekeepers call the best-
weekly bounty at a local neighborhood That's right. 117,000 pairs of denim, to be tasting honey in the world. "Honeybees are not concerned with humans at all; all they
location starting in June. exact. are focused on is nectar and making honey."
"We opted to go with the jeans because Honeybees, which pollinate hundreds of flowers and vegetables, are vital to our
2. SHOP it was a way of diverting waste from ecosystem. Albert Einstein allegedly claimed that humans would die in four years if
From energy efficient elevators in Midtown office landfills," says Suzen Heeley, director of bees went extinct. They're essential for the production of billions of dollars worth of
buildings to waterless urinals in downtown nightclubs, design and construction at HUMC, one of agricultural crops. And although some of these crops are pollinated by bee species
eco-friendly tactics are being embraced all over our the 10 Top Green Hospitals according to other than honeybees, honeybees are the only ones that can be easily managed and
urban landscape. But for those on the hunt for a one- the independent media service The moved around.
stop green-shop, look no further than Orchard Street: Green Guide.
On a small stretch of this not-quite-Lower-East-Side- "The jean insulation is also healthier for
block between Grand and Broome, a handful of stores our patients and staff. It eliminates the
are offering everything from cruelty-free footwear to formaldehyde that's in traditional
recycled leather handbags. The best part about this fiberglass insulation, helping us lessen
Contact Information
any possibly of unhealthy exposure,"
eco-chic block association? They found themselves SWPG AT BOND NEW YORK
neighbors organically. Kaight - 83 Orchard St.; 212- says Heeley. 1776 Broadway NY, NY 10019
680-5630, kaightnyc.com 1-212-792-9275

5
INTEREST
RATES
WILL RISE
In 2009, the Federal Reserve bought up a massive
amount of mortgage-backed securities, keeping
mortgage rates at historic lows for much of the
year. However, the Fed is scheduled to end those
efforts in March 2010, meaning mortgage rates
could jump as much as a full percentage point this
year. If you're considering buying a home, now
would be the time to take advantage of historically
low interest rates. If you're a current homeowner
thinking about refinancing, act now.

Contact Information
1-212-792-9275

4 Mint.com is by far one of the flashiest, sleekest,
most-web-2.0-ish personal finance applications to
hit the market in quite some time.
Will it revolutionize your personal finances? Read on and see for yourself.
How Much Does Mint Cost?
Mint.com is free. I won’t say you get what you pay for, because you
actually get some very nice functionality.
A Few Things to Know About Mint
There are a few points you must be made aware of before using
Mint.com:
It is all about synchronizing with your bank and other financial
institutions. I have every reason to believe that Mint.com has crossed
and dotted every ‘i’ as far as security goes (the business risk would be far
too great not to do so). However, if you just have a general problem with
your bank login information (and all of the security answers, secret
questions, etc.) being stored with a third party, then Mint.com will
definitely not be for you. To that end, neither will any other financial
aggregator.
Mint tries its very best (and comes as close as I’ve ever seen) to do
absolutely everything for you.

www.mint.com
Contact Information
1-212-792-9275

HEALTH IS NOT A
LUXURY IT’S A
PRIORITY
Health has definitely become a huge priority in the lives of
New Yorkers. With our busy lifestyles, sometimes it is hard to
stay on top of it all. One of the best websites I have found
recently is www.carlorieking.com. It can tell you the calorie
content of just about anything with the click on a button.
Completely eliminating the notion that you don’t know how
many calories you consume in a day.
Calorie Kings - FEATURES
50,000+ food database- Largest and most comprehensive
available!
Incredibly easy-to-use, drag-and-drop interface.
Food and Exercise Diet Diary - Tracks what you have eaten, and

3
how much more you can eat, each day.
Intelligent personal profile works out exactly how many calories
you need to eat.
Set goals and targets for calories, carbohydrates, fat, protein, and
fiber.
Make regular check-ins and graph your progress.
Great printing of reports, graphs and diary entries.
Sync your diary entries to and from the CalorieKing Handheld Diet
Diary for Palm OS. Now you can keep track of your intake at your
desk or on-the-go!

Contact Information
1-212-792-9275

WHEN STAGING A HOME TRY TO HIRE
A PROFESSIONAL

STAGING
AFTER
Staging an empty space has become really important in a market
where sellers need to stand out among their neighbors

BEFORE

2
Contact Information
1-212-792-9275

GENERATION

1
GENEROSITY
GENERATION G(ENEROSITY). It was big in 2009, and it will be even bigger this year. In
particular all things EMBEDDED GENEROSITY. It incorporates all giving initiatives that make giving
and donating painless, if not automatic (after all, pragmatism is the new religion ;-).
On top of that, with collaboration being such an integral part of the zeitgeist, expect lots of
innovative corporate giving schemes that involve customers by letting them co-donate and/or
co-decide.

So check out these innovative, corporate EMBEDDED GENEROSITY examples that are worth
copying or improving::

Australian Baby Teresa manufactures and sells a variety of 100% cotton onesies for
babies, and, for each one purchased, donates another to a baby in need somewhere in the
world.

IKEA’s SUNNAN LED desk lamp is powered by solar cells. The product retails for USD 19.99, and
for every unit sold in IKEA stores worldwide, another one will be donated to UNICEF to give to
children without electricity in refugee camps and villages in remote areas.
Still going strong, Procter & Gamble and UNICEF have joined forces for the fourth year running,
in an effort to raise money for tetanus vaccines. Each time a pack of the Pampers or Fairy brands
bearing a "1 Pack = 1 Life-Saving Vaccine" logo is purchased, P&G will donate the cost of one
vaccine to UNICEF.

TOMS Shoes donates a pair of shoes to a child in need for every pair they sell online. As of
August 2009, TOMS has given over 150,000 pairs of shoes to children in need. TOMS shoes plans
to give 1 million shoes by 2012.

Give a Day, Get a Disney Day aims to celebrate and inspire volunteerism. Disney is
working with Hands On Network to highlight a variety of volunteer opportunities with
participating organizations across the United States, Puerto Rico and Canada. Starting this month
(January 2010), those who contribute their time can have it verified by Hands On and they'll
receive a voucher from Disney for one day admission to a Walt Disney World or Disneyland
theme park.

Contact Information
1-212-792-9275

Top Ten List Real Estate Stacy 2010

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Top Ten List Real Estate Stacy 2010