bedford realtors: Good News! April's Westchester Real Estate Market
- 05/25/13 11:33 AM
The following information is based on Multiple Listings Service data for Westchester and Putnam Counties for Single Family and Condominium Properties. The fast rise of closed sales and lower inventory in Westchester, may be starting to slow down based on April's numbers. April saw inventory spike up 10% from February. This jump may not seem dramatic because inventory does typically increase between February and April each year, but compared to April 2012, the percentage increase was almost double. Inventory is still down from this time last year by 15%, but this recent spike may be an early indication that the lower inventory trend is reversing. Great news for the … (3 comments)
bedford realtors: You Want To Downsize But Don’t Qualify For A Conventional Mortgage
- 03/10/13 07:54 AM
I recently invited Gregory Topal from Reliant Home Funding to speak to my team about Reverse Mortgage Programs. These programs provide options to anyone over the age of 62 who, due to circumstances, needs to pursue an alternative payment solution. A reverse mortgage program could be a good fit for some of my clients who fit this profile, or for my clients who have a parent in this situation. I asked him to give us more insight: What are Reverse Mortgages? Reverse mortgages can be used with a refinance (if a person wants to stay in their home and gain access … (2 comments)
bedford realtors: It ain't over til it's over - a short (sale) story
- 02/01/13 07:45 AM
It's very important to me that my clients know I believe in finishing what I start. It is a personality trait that comes in handy in real estate, but it can also cost me at times. My team and I recently processed a very difficult short sale that continued on for months. The lender's negotiator was difficult, and we all believed that the short sale would fall through. After months of going back and forth, the bank informed me that they were foreclosing on the property, and there was nothing I could do. My team and I were dismayed. However, a month later we were told … (4 comments)
My intent is to provide current Real Estate market information for Upper Westchester including the towns on Bedford, Pound Ridge, Lewisboro, New Castle, North Castle, Mt. Kisco, Somers, and North Salem. I will also be blogging about market trends and new marketing techniques.
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