I keep getting calls/emails/texts from clients:
“When is new inventory going to hit the market?”
“Is this is the seasonal spike in housing that you were talking about [sarcastic]???”
“I can’t believe there is nothing see go out and see this weekend.”

Yes, it’s ...

The Westchester real estate market has been quite active and is off to a great start this year. Year-to-date sales are within 1% of where they were at this point last year and although average and median prices are down (5% and 9%, respectively), there are some encouraging signs. According ...

A personal note first, followed by market commentary.

What bothers me the most as a real estate professional? Two things:

1) When I see buyers or sellers choosing to associate themselves with a real estate agent who has little or no experience and/or who fails to adequately represent their ...

The Westchester County real estate market is alive and doing well! The accompanying charts and graphs show that things are quite active. For example:

Total Single Family Sales

September 2011 – 358 closings
September 2010 – 323 closings
September 2009 - 329 closings

Single Family Sales Less Than $1 Million

September ...

The Westchester real estate market continues to see activity, though at a slower pace than 2010. In looking at year-to-date 2011 sales, it is especially important to remember that at this point in 2010, the federal tax credit was providing a huge stimulus to the market. That is not the ...

2010 was an exciting year for Westchester real estate! Below is a summary of the past 4 years’ average and median price performance by school district or ZIP code. Why 4 years? Because that is how long it’s been since the peak of the market (4Q2007)! The magnitude of losses ...

The number of single family sales in Westchester County during October 2010 was down 17% compared to 2009. As I’ve discussed before, the federal tax credit incentivized buyers to close by September 30, so this was not a huge surprise.

Notice that the number of expired listings (homes that failed ...

A few weeks ago, all I kept hearing was how the number of sales dropped 30% from June to July.... Here's the background, and a prediction of what's to come:

The second round of the federal housing tax credit required a signed contract by April 30, 2010. The ...