Hudson Valley Home Sales Rise While Inventory Falls

Total-Residential-Sales-2017-Q1
From Real Estate In-Depth

WHITE PLAINS— High sales rates, a sharp decline in inventory, and an uneven pattern of price increases across the region marked 2017’s first quarter entry to the real estate market recovery of the past five years, according to the recently released “2017 First Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland and Orange Counties, New York” report authored by the Hudson Gateway Multiple Listing Service Inc. Realtors participating in the HGMLS, a subsidiary of the Hudson Gateway Association of Realtors, Inc., reported a grand total of 3,700 closed transactions in the four-county region during the first three months of 2017, a 9.1% increase or 309 units more than last year’s first quarter results. The closings largely resulted from sales and market activity during the winter months of 2016 and early 2017, and comprised single-family houses, condominiums, cooperatives and 2-4 family houses……….

Read the Full Article at: Hudson Valley Home Sales Rise While Inventory Falls

Rising sales and rising prices, coupled with low inventory, makes this a great season to sell your home. If you are thinking of selling, either Email Me or call me at 914-960-3837

11 Bramblebrook Rd, $699,000; Open House 10/2 1PM – 3PM

11b

11 Bramblebrook Road, Ardsley NY

This slideshow requires JavaScript.

Brand new to the market! Close to all from his 2500 sq.ft., 4 bedroom, 3 bath residence with a cut stone front offering the utmost in convenience. Features the sought after open layout floor plan with a Living Room and wood burning fireplace, Dining L with sliders to a private patio, Chefs Kitchen, boasting granite counter tops, new cabinets, stainless steel appliances, including a professional range, Sub-Zero refrigerator and breakfast bar, all as one open space. 2 large bedrooms and a full bath on the first level. The second floor has two over-sized bedrooms and a full bath. The lower level is fully finished with a separate entrance and is ideal for an au-pair with a bedroom, living area and full bath. Hardwood floors thru-out. Great, private rear patio in a wooded setting, 1 car garage and a large driveway with parking for 4 cars completes the picture. Listed taxes are before the STAR deduction is taken.

For Full Listing Information Click: 11 Bramblebrook Road, Ardsley

OPEN HOUSE THIS SUNDAY OCTOBER 2, FROM 1 PM – 3 PM                                    *Directions: Saw Mill River Road-Route 9A to Bramblebrook Road to #11                                        

Ardsley Village Website

Ardsley Schools Website

 

‘Dobbs Ferry Thrives’ in 2016

7486369_orig

Rivertowns Square Rendering

From 914INC at Westchester Magazine:

“Once a downscale, sleepy Rivertown squeezed between Hastings-on-Hudson and Irvington, Dobbs Ferry has taken a giant leap to the forefront with a wave of commercial, residential, and lifestyle improvements.
The biggest news in the village is the expected completion this fall of Rivertowns Square, a $150 million mixed-use development next to the Saw Mill at Lawrence Street. The project will turn an abandoned research laboratory into a….” 

See the full article from 914Inc at: http://www.westchestermagazine.com/914-INC/Q2-2016/Dobbs-Ferry-Thrives/

Also see: 41 Homes Currently For Sale in Dobbs Ferry

4,500 Square Feet In Dobbs Ferry For Under 1 Million

This slideshow requires JavaScript.


Nestled on a quiet driveway, the unassuming exterior of this 4500 sq.ft. Contemporary Colonial belies the unparalleled space and light within,  offering Hudson River and Tappan Zee views. The main level features a two story entry foyer and living room with skylights, as well as an expansive dining room and breathtaking river views. The family room boasts a marble surround fireplace and adjoins the huge eat-in-kitchen with a door out to the large wood deck. Upstairs you will find an extravagant master suite with full bath, whirlpool tub and his and hers walk-in closets with a private balcony offering sweeping Hudson River and valley views. There are also 3 large, family bedrooms and a hall bath. Gleaming oak floors complement these spaces. The walk-out lower lever features an entertainment space with wet bar, full bath, bedroom and a bonus room adjacent to the patio entrance to the huge, flat, rear yard. This residence is ideally located near schools, parks, shopping, dining and transportation and only 35 minutes to Grand Central. Call me for more information: 914-960-3837.

See the full listing at: http://www.randrealty.com/agent/652/scott-rosasco/NY/Property/2343545/21-Keller-Lane-Dobbs-Ferry-NY-10522/

OPEN HOUSE: Sunday March 13, From 1 PM – 3PM

Hardcore Tips For Successful Home Staging

Home staging is still a fairly new concept to many homeowners, especially those who have not sold real estate in the last 5 years or so. At this point it goes way beyond de-personalizing and de-cluttering your home An important part of preparing to list your home for sale, aside from listing it for the right price with the right agent, is making sure it puts its best foot forward, to appeal to as many buyers as possible. First impressions are lasting impressions and the fantastic home you may have gotten used to living in, for all your own fantastic reasons, may actually turn off many buyers for those exact same reasons. Your goal is to turn on as many possible buyers to the benefits of living in your home in order to distinguish it from the rest and get the highest  price in the shortest  time frame. Especially in a market where inventory levels are high, a typical buyer may be looking at 30 or more homes before buying one. How does your home compare and stand out (in a good way) to those other 29?  A recent article in Business Insider, called Guerilla Staging offered 7 tips for home staging your home for success. http://www.businessinsider.com/guerilla-staging-7-hard-core-tactics-for-sellers-2012-9

Mortgage Rates Are Lowest In 60 Years

20120729-143441.jpg

In what can only be described as a continuous decline, mortgage rates have reached the lowest point in 60 years, dropping to a record of 3.49% for a fixed rate product.
The real problem now, is not how small your monthly mortgage payment will be these days, but what it actually takes to qualify for one of these rates to begin with. Typically, lenders will require a truly blemish free credit history, FICO scores well over 700, significant cash reserves and a perfect appraisal on any property you are considering buying.
While some would laud the banks for tightening the very same mortgage guidelines that helped to cause the housing crisis in the first place, financial institutions also seem to be understandably concerned about the future profitability of themselves and whomever they are selling their mortgages to. Who wouldn’t want to limit the pool of borrowers by any means possible, to as few people as possible, when the prospect of loaning money out, over 15 – 30 years, becomes a losing proposition once bank savings rates go above 3.49%. Some of us are old enough to remember when a passbook savings rate was over 6%. Common sense would say that this will happen again, sometime in the next 15 – 30 years. What bank or investor wants to be stuck with a borrower paying only 3.49% then? Read more at:
http://www.usatoday.com/money/economy/housing/story/2012-07-26/home-sales-mortgages/56499092/1

Stage Your Home For A Faster Sale

Home Staging

THE WALL STREET JOURNAL: Worried about trying to sell your home in this buyer’s market? Adopting some simple staging tips from the pros can help your home sell faster
The effort may be well worth your time, according to the Real Estate Staging Association. The group studied 174 homes that had been on the market for an average of 156 days, before homeowners hired a professional home stager. After staging, they sold an average of 42 days after re-listing.
But there’s not always a need to call in a professional for this job. “Keep that money for yourself,” says Thomas Rouse, who was a lead design producer at “Extreme Makeover: Home Edition” and has worked on other home television programs. As long as you have a friend with a strong eye to give you a second opinion, staging a home for sale is often something owners can handle on their own, he says[……..]
Read the full Wall Street Journal article, by Amy Hoak, with 10 tips for successful home staging at: http://online.wsj.com/article/SB10001424052702304840904577422084009663536.html

%d bloggers like this: