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2009 First Quarter Market Statistics

According to total closed sales accumulated by the Westchester-Putnam MLS, the first quarter of 2009 lagged behind 2008 sales by 37%. Westchester’s single family house market with a decrease of 41% from the first quarter of 2008. Putnam County down

Local Market Stats

In anticipation of the second quarter stats for Westchester/Putnam I decided to research our local market. The following are housing statistics for the month of June 2008 . Zone 1 consist of Cortlandt, Peekskill, Yorktown, portion of Somers and New Castle.

How to price to sell and still make a profit

The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent's knowledge of the overall market and what's selling

Important Questions to Ask Your Agent

Qualifications are important. However, finding a solid, professional agent means getting beyond the resume, and into what makes an agent effective. Use the following questions as your starting point in hiring your licensed, professional real estate agent:

Fed holds rate at 2.0 percent

The Federal Reserve, navigating treacherous economic waters, decided on Wednesday to leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts. The central bank announced that it was keeping the federal funds rate, the

Fastest Growing Real Estate Markets

Despite the housing crisis, there are cities where prices are expected to rise significantly in the coming years. Here are the top 10 cites where analysts for Money Magazines expect price appreciation. McAllen, Texas Rochester, N.Y. Birmingham, Ala. Syracuse,

What is a "Buyer's Market"?

Most real estate practitioners consider a typical market to be one in which homes take an average of six months to sell. Realtors keep track of this number by keeping up with the days on the market (DOM) of every home listed and sold. If the number rises
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2007 Cost vs. Value Report

Remodeling magazine’s annual " Cost vs. Value Report " shows exterior and replacement projects bring the biggest return. REALTORS® in 65 markets were given construction specs and costs on 29 upscale and midrange projects and asked
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