While we all hear and read news reports about the real estate rebound in other parts of the country (Miami, Phoenix, etc.), the media is fairly quiet about developments locally. I am happy to report that the market is active and there are lots of qualified buyers out looking. I …

The Westchester real estate market has had a very good year, though things have started to slow down a bit. I believe that the recent change is due to three factors:

1) Superstorm Sandy - Cleanup continues and there are still sellers who don’t want buyers in their house. …

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 true – there …

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 …

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 …

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 …