Home sales rose almost 10% in Westchester County this October compared to last October while the median price remained almost exactly the same at $575,000. The average (mean) sale price actually rose by $10,000. How can this be? How could prices remain steady yet the number of sales actually rise
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11/30/2009
10 years ago, during Thanksgiving week of 1999, I went on a lunch date. It went pretty well; we said goodbye at 1:30... AM. I lived upstate in Rochester at the time and she was in Queens, so by June of 2000 I was back home in Westchester to be closer to her. In December of 2000 we were engaged, a
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11/30/2009
How not to price your home: Take your mortgage balance. Add your credit cards. Throw in your cars. Add a generous portion of all the money you borrowed from relatives. Pile on your down payment for that other house you have your eye on. Last but not least, give yourself an extra 50 grand just fo
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11/27/2009
Happy Thanksgiving to all who read this. I hope the holidays bring you peace and abundance, and may 2010 be filled with health, happiness and prosperity. 2009 has been a challenge, and my experiences with many of you have made the year easier. For that I am truly thankful.
11/26/2009
As happy as most of us seem that the housing stimulus was extended, I have heard and read a number of individuals express an opinion to the contrary. There are two main objections to the stimulus, and both are, in my view, fallacious. Let me preface my words by stating I am a free market entrepre
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11/24/2009
According to today's Standard & Poor’s/Case-Shiller home price index, US home prices remain unsteady with more declines expected in some areas. Of the 20 areas examined, almost half experienced falling prices, including New York. While this is not good news, it is news and should be interpreted b
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11/24/2009
In between Gatorade and Geritol, there is a s strange in-between world that isn't young but sure isn't old. Being 40 something puts you in a multi tasking generation, in between your own kids and your aging parents, all while building your career in real estate. Remember when forty was old? Can't
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11/22/2009
We often give clients a subscription to Westchester Magazine after they close on their home. The publication comes out monthly and does a good job of selling the county (and a great job of selling cosmetic surgery). 52 Reasons to Love Westchester is this month's cover story, and here are a few of
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11/22/2009
I have listed two houses in a day before, but in 13 years I have never seen such contrast in a day. 10am: Listed a double wide mobile home in Middletown, NY for $39,900. 4pm: Listed a 3,500 square foot 6 bedroom English Tudor in New Rochelle for $975,000. Two different counties, two altogether di
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11/21/2009
