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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 31% from same period last year.
The ...
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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.
Zone 1UnitsAverage
List PriceAverage ...
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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 - or not selling - will be invaluable in helping you determine the price. The objective is to ...
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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: Why did you become a real estate agent?
Why should I work with you?
What do you do better ...
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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 interest rate that banks charge each other, at 2 percent, marking the first time in 10 months that ...
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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, N.Y. Buffalo/Niagara Falls, N.Y. New Orleans, La. Scranton, Pa. Grand Rapids, Mich. Baton ...
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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 above six months inventory on hand, then the market is swinging into a buyer's market. ...
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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 to estimate the percentage return at resale.
Projects with highest national percentage of costs ...
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