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Westchester housing market?

Started by NYCROBOT
almost 13 years ago
Posts: 198
Member since: Apr 2009
Discussion about
Someone here will have some knowledge more than me to shed some light on this: We're looking to buy in westchester (scarsdale, et al). Not many houses available. Broker tells us not much inventory but there are a lot of buyers. A few years ago before the crash there were lots of for sales. Now, very little. WTF is going on here? Is it that people aren't putting houses on market since they are waiting to recoup as much as they can (waiting for better days ahead), or is inventory really at very low levels?
Response by greensdale
almost 13 years ago
Posts: 3804
Member since: Sep 2012

Someone already asked
See here: http://streeteasy.com/nyc/talk/discussion/34381-westchester-housing-market

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Response by mym
almost 13 years ago
Posts: 188
Member since: Jun 2009

try Edgemont. For whatever it's worth, a friend of mein wanted to sell her house in Edgemont last fall. Broker told her that the market was still weak and suggested a low figure. She didn't like that and decided to sell without broker-FSBO, and lots of word of mouth. Got higher price than broker suggested. I think that there's been a mad rush in every market because people are afraid that these low interest rates won't last.

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