Market

While making a training video on market reports for the agents this past week, I clicked on an old market report I wrote in November 2011 for Ossining. Among other things, I noted that there were 119 single family homes available for sale in the school district at that time. In working on current data, […]

I recently closed on this listing for over $50,000 over asking price. This is an example of how values have grown in the area. The description of the home in the MLS is as follows: “This is the village of Briarcliff Manor lifestyle you’ve sought in a 5 bedroom split that lives like a colonial. […]

We were actually gratified to list and sell this property after selling it to the owners a few years prior. They did benefit from appreciation, selling for $568,000 after purchasing it for $395,000 7 years before. As described in the MLS: This is a adorable 3 bedroom, 2 bath ranch home on nearly half an […]

$575,000 buys an awfully nice home these days, like the 3 bedroom, 2 bath split we recently closed for a seller client on Leawood Drive. As the MLS described: This is a TRUE GEM in a four cul-de-sac neighborhood of about 70 houses! Besides being completely renovated and move-in ready, what sets this house apart […]

I’m so glad you asked! If your budget is in the low 500’s, you might like a home like the one we just closed on Avis Court, a 3 bedroom 2 bath split on nearly 3/4 of an acre on a cul de sac. The final sale price was $513,500. Best of luck to my […]

If your budget is $625,000 you might be able to buy a home like the raised ranch we recently closed on Country Club Lane with a Hudson River View. As described in the MLS: Your opportunity to own a home with breathtaking year-round views of the majestic Hudson from the living room, dining room, master […]

$560,000 will buy you a mighty nice 3 bedroom 3 bath split on a dead end like the one we closed on last month. As described in the MLS: This wonderful, pristine house on a quiet cul-de-sac is ready for you to move right in! With a three-season Sunroom and HUGE basement area to make […]

If you like a 3 bedroom, 2 bath Tudor styled cape on a landscaped lot with a detached 2 car garage, this was the place that we closed on last week. The MLS description: Tudor-inspired Cape with oversized yard & a fantastic two car detached garage with loft on a quiet street near everything. Solar […]

It might seem contradictory to say there are two distinct markets in the same geographical footprint, but what we’re seeing in Westchester and the surrounding counties is in fact two entirely different markets. I know that there are tons of market reports out this time of year (the beginning of Q2, that is), but I’ll […]

The spring real estate market in New York starts January 2 for a variety of reasons. The holidays are behind us, NYC buyers get an early start, and often, those who need to sell know that if they wait too long there will be a smaller selection from which to buy if they don’t sell […]

$649,000 just bought a great 5 bedroom 3 bath Chilmark colonial like the one we just closed on Meadow Road. As described in the MLS: Sought after Chilmark colonial on a fantastic half acre just a stone’s throw from Chilmark Park. Unbeatable lifestyle: large living room with fireplace and bay window, formal dining room, eat-in […]

I was interviewed on News 12 this past Sunday on the “mansion tax,” a 1989 law that adds a 1% tax on properties sold for $1 million or more. In 1989, one million dollars probably did but an actual mansion, but in 2018, in a county with a median home value pushing $700,000, it doesn’t. […]

These are, respectively, the number of closed single family homes for the second quarter (April 1-June 30)  in Westchester County along with the median price for the years 2011 through 2017. All data is courtesy of the Hudson Gateway MLS.  Year       Closings   Median Price 2011         994   […]

Westchester and the surrounding counties are seeing a peculiar phenomenon causing no small amount of consternation to home buyers. There simply aren’t many homes for sale. This is especially the case for homes one might consider in the starter home category; we have buyers who are seeing very little for sale, and what they do find is […]

If you like a brick Tudor in the Chilmark area, $705,000 just bought your dream home. This 4 bedroom, 3 bath stately house is a stunner- we were honored to list it for the sellers. As described in the MLS: The most peerless property in sought after Chilmark. Restored brick Tudor set on a quiet […]

As the real estate market cycles into a recovery, talking heads are discussing what index will be the most accurate predictor of the 2014 market. Will it be new housing starts? Employment? The DOW?  I beg to differ. In 2014, we’ll be busier than any year since 2005 due in the largest part to one […]

What does $675,000 buy in Ossining, New York?  I’ll tell you. $675,000 just got someone a 2004 built 3600 square foot 5 bedroom 3.5 bath colonial with a killer view of the Hudson River from the rear deck. The Birch Court neighborhood is on the old grounds of the Briar Crest nursing home, and the […]

What does $260,000 buy these days in Ossining, New York?  I’m glad you asked. Interesting story: I was referred to a very nice couple who had a cute little cape in the Campwoods neighborhood that had just expired off the market after being listed by a major franchise in our area. They were assured by […]

I follow both Forbes and AOL Real Estate on Twitter. I have always viewed Forbes as the standard of excellence in financial journalism, but in my view, this morning they got schooled by AOL in responsible reporting. Both linked to recent stories on the real estate market on Twitter this morning, and both could not […]

 Three times in the past two weeks, we have had listings go in bidding wars. Three times in the past two weeks, we have had buyer agents tell me that their buyer client did not believe me that they had competing bids. In each case,  those buyers all lost the house. In my own company, […]