Q: How is the Westchester housing market for single family homes?
A: The 2013 Westchester single family housing market has been experiencing heavy sales volume, slight year-over-year price gains and falling inventory. An improving regional economy, the release of pent-up demand from last year’s “fiscal cliff” debate during the elections, low mortgage rates and the concern that they will continue to rise, pushed many into the market this year but were faced with limited supply. The lack of inventory is expected to be a constant problem through the remainder of the yea commercial jumping castles for sale
If you’d like more detailed statistical information on the Westchester housing market, you can download the 2Q 2013 report from the Douglas Elliman website.
-Jonathan Miller, President & CEO Miller Samuel, Inc.