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Tiger Woods is Back With Elin...and Real Estate Stats for 2010

By
Real Estate Agent with Coldwell Banker Residential Properties

Every day, the news media reports some sort of bleak commentary regarding the economy, government, healthcare, etc. Sometimes it's a wonder that any of us is able to continue going on with our lives.

Another month has passed with an outrageous number of job losses, you almost you wonder how anyone has a job anymore. Even one job loss at this point is too much compared to the already millions of people who do not have any employment.

But with a news media that thinks the top story of the day is telling us how many times Tiger has "birdied" all his partners, do we really trust them to tell us what's going on right in our backyards?

Hopefully, you agree with a big, resounding No!

Yes, the news is important for learning what's going on nationally. And perhaps, all the issues of State too (but we won't go there right now).

The intelligent residents of Scarsdale and Edgemont are lucky, they already know these towns are almost  "bubble-like". While the nation has been suffering with double-digit losses, Scarsdale and Edgemont has suffered, but not as severely as other areas.

And 2010 is looking to be a great turn-around for the real estate industry. This year's numbers have already surpassed 2008 and 2009.

The reputations of Scarsdale and Edgemont are solid, the school districts are known as some of the top in the nation. And although Westchester County itself offers a remarkable array of school districts, the name "Scarsdale" and "Edgemont" continues to attract new people to the area.

It is this reputation of success that will continue to build and progress these communities forward.

It is already envisioned that the first quarter of the year will truly finish on a high note, setting the bar very high for the rest of the year. Low interest rates, in addition to more reasonable asking prices, have led to more sales in the area.

Here are the Stats for the first two months of 2010.

SCARSDALE:

114 homes are currently Active

            19 in Fox Meadow

            20 in Greenacres

            12 in Edgewood

            29 in Heathcote

            34 in Quaker Ridge

15 homes are Pending

            3 in Fox Meadow

            5 in Greenacres

            0 in Edgewood

            3 in Heathcote

            3 in Quaker Ridge

 9 homes are Conditional Contract

            1 in Fox Meadow

            2 in Greenacres

            4 in Edgewood

            0 in Heathcote

            2 in Quaker Ridge

 20 listings have Sold in 2010

           4 in Fox Meadow

           2 in Greenacres

           5 in Edgewood

           6 in Heathcote

           3 in Quaker Ridge

2008:    14 listings Sold in the first two months

2009:    9 listings Sold in the first two months

 

EDGEMONT:

31 listings are currently Active

            16 in Greenville

            15 in Seely Place

3 homes are Conditional Contract

            3 in Greenville

7 homes are Pending

            5 in Greenville

            2 in Seely Place

6 listings Sold in 2010

            3 in Greenville elementary section

            3 in Seely Place elementary section

2008:     2 listings Sold in the first two months

2009:     3 listings Sold in the first two months

Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

the media is always going to report what will bring in the most viewers even if its total fluff. i agree with you. enough of hearing about tiger woods. its time to move on and focus on whats really important in our world right now.

I hope you'll remember me if you learn of anyone moving to "The OC" and I will do the same!

Best regards,

Michael Caruso, Broker ABR ABRM CRB CRS GREEN GRI

2007 President, Orange County Association of Realtors           

Mar 05, 2010 04:08 AM