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 from 2007-2010 might surprise you,… Read More

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 to sell during the time… Read More

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 closing had to occur by June 30, 2010…. Read More