I have always hated it when real estate professionals say “it’s a great time to buy.” It always seems so self-serving, and I know it immediately causes suspicion. So I’m not going to SAY that it’s a great time to buy a home right now. I’m just going to show you. Specifically, I’m going to show you that the monthly payment you need to make to buy an averaged priced home … [Read more...]
Archives for April 2016
Homes in Westchester and the Hudson Valley are More Affordable Than in a Generation
I have always hated it when real estate professionals say "it's a great time to buy." It always seems so self-serving, and I know it immediately causes suspicion. So I'm not going to SAY that it's a great time to buy a home right now. I'm just going to show you. Specifically, I'm going to show you that the monthly payment you need to make to buy an averaged priced home … [Read more...]
First Quarter 2016 Real Estate Market Report: Sussex Market Overview
The Sussex County housing market surged again in the first quarter of 2016, with a dramatic spike in sales that continued a long.term trend of markedly higher transaction rates. Nevertheless, we are still not seeing these sustained levels of buyer demand have their expected impact on pricing, which was down yet again. Sales. Sussex sales were up sharply in the first quarter, … [Read more...]
First Quarter 2016 Real Estate Market Report: Essex Market Overview
The Essex County housing market started the year strong, with a surge of sales activity. But even with demand up, prices went down sharply, indicating that the county has not yet developed into a “seller’s market.” Sales. Essex County sales were up sharply in the first quarter, rising over 13% for the quarter, marking the fifth straight quarter of year on year sales growth. … [Read more...]
First Quarter 2016 Real Estate Market Report: Morris Market Overview
The Morris County housing market recovered from some late 2015 doldrums to post a robust start to 2016, with a spike in sales. Even with this surge in activity, though, pricing was disappointing. Sales. Morris County sales were up sharply in the first quarter, rising almost 17% for the quarter, marking the sixth straight quarter of year-on-year sales growth. The long-term … [Read more...]