The real estate market continues to be HOT. This blog post will review the supply/demand issues in our area. As a backdrop, there is a shortage of homes in the United States. Nationally, from 1999 - 2016, there were only 4 months where we had less than 4 months of inventory ...
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As you can see below, the Westchester real estate market is all over the place. I would say that Westchester real estate is generally softening a bit, though it definitely varies by area and price point. I've highlighted some contrasts:
Real estate sales in 2019 are off to a busy start! There are definitely signs of a shifting market, especially at higher price points. Overall, though, the market feels healthy and there is a lot of action. We got a boost from declining mortgage rates; rates for a 30 year ...
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