The Orange County housing market started off 2017 with a bang, showing clear signs of an emerging seller’s market. Not only were sales up yet again, but prices showed the first meaningful signs of appreciation in over 10 years. Sales. Orange sales surged again, rising over 8% from last year’s first quarter. This continued a trend we’ve been watching for over five years, with … [Read more...]
First Quarter 2017 Real Estate Market Report – Rockland County, New York
The Rockland County housing market simply exploded in the first quarter of 2017, with a surge in sales and prices that drove the market to levels we have not seen since the height of the last seller’s market. Sales. Single-family home sales spiked in the first quarter, rising almost 24% from last year, marking the ninth time out of the last 10 quarters with sales increasing … [Read more...]
First Quarter 2017 Real Estate Market Report – Westchester County, New York
The Westchester housing market started off 2017 with a flourish, with sales up and prices showing meaningful signs of appreciation after a slow 2016. Sales. Home sales were strong through the first quarter. Single-family home sales were up over 6%, the tenth straight quarter of year-on-year sales increases. And the 6,266 transactions over the rolling year was the highest … [Read more...]
First Quarter 2017 Real Estate Market Report: Westchester & Hudson Valley – Market Overview
The regional housing market in Westchester and the Hudson Valley started to show the first signs of meaningful price appreciation in the first quarter of 2017, with prices up in most of the counties. Moreover, with inventory rates dropping, we expect this trend to continue through a robust Spring market and for the rest of 2017. Inventory throughout the region continues to … [Read more...]
Homes in Westchester and the Hudson Valley are STILL Cheaper Than They Have Been in a Generation
Right now is a really great time to be buying a home in Westchester or the Hudson Valley. Man, do I hate saying that. As I've explained before, I hate the phrase "great time to buy" for a couple of reasons. First, people have different needs, and a market that's great for one person might be terrible for another person. Second, while markets tend to move together, we … [Read more...]