Is it a New York City area thing? I seldom saw this upstate years ago. We often deal with buyers who think that if they deal directly with the listing agent that they will get a better deal on their home purchase. The myths include a discounted commission and knowing the home better. These are […]

January numbers are now in, and comparing 2023 to 2022 and 2020 -the last pre-pandemic January market- the message is clear. Price right to take advantage of the conditions.

Looking at OneKey MLS data for the beginning of 2023 and comparing it to 2022 and 2019, the last pre-COVID year to determine how staring the single family home market is in Westchester. Sold: 2023- 134 sold, $841,000 median price, 30 days on market median 2022- 207 sold, $755,000 median price, 31 days on market […]

Distress sales and foreclosures are returning to the Westchester and Putnam real estate markets. Prospective buyers who make lowball offers on bank owned foreclosures (REO) probably don't know what goes into setting the list price. This is why lowball offers are a waste of time -work with an experienced agent who can give you the […]

In checking contract data for the 1st 4 weeks of November for single family homes in Westchester and Putnam, we compared the seasonal slow down this year to those of 2021 and 2018. Interestingly, values remain steady and while it is slower than last year it is significantly stronger than 2018, the last November before […]

Westchester and Putnam property values are high. It's understandable to want to get a good deal any possible way. HOWEVER: Buyers who want to wait until prices bottom out are outwitting themselves. Timing the market is impossible, and even if you could, you'd need everything to happen perfectly to make it work. Spoiler alert: Not […]

Fewer homes are hitting the market compared to prior years, and such a historically low supply is keeping the advantage to the sellers overall. It's less competitive, but still not a Buyer's market.  

J Philip Faranda on how longer time on market is affecting buyers and sellers. While the market is cooling from an overheated 2 years and rates are rising, buyers are gaining leverage in the new environment.  

The market is certainly slowing down due to higher rates, inflation, and a wonky economy. However, the Westchester and Putnam market data clearly shows that it was so overheated before that even with the slowing down, sellers remain in the drover seat in most instances.

The market is changing as we enter the fall of 2022. Here are three extremely important practices home sellers should follow to make sure they have SUCCESSFUL SALE.

This is a short video about the consequences of higher interest rates on property values and what that means for sellers in the spring market of 2022.  

SUMMER MARKET UPDATE Hello friends, Summer is in full swing and the second quarter of real estate in the Hudson Valley has come to a close.  Prices are still on the rise which is a good sign, but inventory is starting to lower by a decent amount.  In this report, I’ll go over some numbers […]

Looking to make a move to Yorktown Heights, NY and also looking to purchase a condo? You’ve come to the right place, let me give you a bit of an overview. Yorktown Heights is a city with a great mix of properties that are close to the town center which has shopping, restaurants, parks and […]

Thinking about buying a condo in Carmel, New York?  Let me give you a bit of a rundown of what to expect if you’re looking to buy in the $275-325,000 range. Carmel is a town in Putnam County, New York, located a bit over an hour north of New York City. Full of hiking trails, […]

Looking to live a commutable distance to NYC but not break the bank?  Well then Peekskill might just be the place for you. Peekskill is a city in Northern Westchester County that offers a few different lifestyles to its residents.  There are homes closer to the downtown district of Peekskill which offers shopping, restaurants, nightlife […]

SPRING MARKET UPDATE   Hello friends, While the weather up until a few days ago seemed like we were stuck in an eternal January, the first quarterly report for Real Estate in the Lower Hudson Valley is here!  I’m happy to report that the market is strong in each county, and while some numbers have […]

What can you buy for $600,000 in Elmsford, NY? Great question, and I'm glad you asked. Two weeks ago, the firm closed on a 4 bedroom, 2 bath home in Elmsford on 17 Taylor Rd in the Pocantico Hills school district. The home was a cape style house, with a 1 car garage, a side […]

Town Spotlight – Putnam   Welcome to the first edition of Town Spotlight from Cristina Gameiro.  This will be the first in an installation of posts about certain towns in the Hudson Valley area.  If you’re thinking of moving to the area from outside, or if you’re looking to move from one part of the […]

  PUTNAM COUNTY, NY (November 9, 2017) -- J. Philip Real Estate of Putnam County announced today that the firm has hired five new licensed agents to service the agency’s growing client base. “The decision to hire four new talented real estate professionals comes in tandem with a significant growth trajectory that our brokerage firm […]

https://youtu.be/aGq_7Bw9rFc?list=PLIGW4NTAQIwfLzQBJGXH3kDgHIs1tdXre   Mad Man on North Water (Street)   I stopped in front of this place several times in the past few months, peering in through the reflected glare at the treasures inside. Tried my best to take some photos. Those shots could best be described as “artsy”; meaning you can't make out much, but you […]

There are currently close to 100 Victorians on the market in Westchester and Putnam. But let us be clear: There are Victorians, and then there are VICTORIANS. Sadly, many Victorians have been updated in a less-than-successful manner. Sorry, I had to rule those out, even though you may have enjoyed seeing how people can butcher […]

Why? Peak listing season for homes is spring and summer. The weather is nicest, and many buyers want to be in a new home in time for the next school year. Most of the homes that haven't sold remain on the market, so selection is still good. These may very well be homes whose owners have […]

8-30-2015 How to Profit from Real Estate Knowledge:  It's FUTURE Location, FUTURE Location, FUTURE Location I just finished reading The New Rules of Real Estate, by Spencer Rascoff & Stan Humphries, the CEO and Chief Economist of Zillow. These guys do more than merely run the most powerful Real Estate site on the 'net; they crunch […]

I keep telling people "Invest in Peekskill!" In 10 years it'll be more desirable than most, if not all of the river towns further south. http://westfaironline.com/73769/riverfront-entertainment-center-proposed-for-peekskill/  

8-22-2015 Fort Montgomery is just over the Bear Mountain Bridge, on the west bank of the Hudson River. Take the first exit to 9W (north) & go about ¼ mile, over the Popolopen Bridge, getting off right away at the Fort Montgomery State Historical Site. It's well worth an  hour of your time to appreciate […]

School District! IF you have any interests in finding the best school district for your kids, you may be in for a pleasant surprise!   Westchester is extraordinary in having 4 of the nation's top 10 school districts1; Edgemont, Scarsdale, Rye and Chappaqua. Generally speaking, housing prices closely correlate to the desirability of the local school […]

  Estate Planning Strategies: Not for Just the Wealthy   Regardless of what your estate may be worth, you need to plan   If you are not confident about whether your family would have to pay federal estate taxes if you died tomorrow, chances are you can gain confidence. Unless your estate is worth more […]

Muscoot Farm Farmer's Market, Katonah, N.Y. Sunday 6.14.15, Beautiful weather, great turn-out, loads of fun!        

                                                         Celebrating 103 Years!   The Garden Club Of Nyack Annual Plant Sale Saturday, June 27, 2015 10:00am - 2:00pm 507 North Broadway | Nyack, NY 10960 Proceeds to benefit […]

  Daniel Morris May 29, 2015   Although the odds of winning the lottery may be stacked against you, there’s a chance you’ll receive a large -- perhaps unexpected -- financial windfall at some point during your life. Regardless of how it arrives -- inheritance, insurance payout, divorce settlement, retirement-plan distribution, sale of a business […]