Here's How 2022 Westchester Housing Market Compared To Other Hudson Valley Counties: Report Here's How 2022 Westchester Housing Market Compared To Other Hudson Valley Counties: Report
Here's How 2022 Westchester Housing Market Compared To Other Hudson Valley Counties: Report After a dramatic rise in housing sales in the Hudson Valley as a result of the pandemic, the buying of homes started to decline in 2022, according to a new report.  Compared to 2020 and 2021, housing sales in Westchester, Putnam, and Dutchess Counties showed a decline in 2022, according to a report by the Houlihan Lawrence real estate brokerage from Thursday, Jan. 5.  While sales declined, average sales prices of homes also increased in all three counties, the report said. Houlihan Lawrence officials attributed this to an "unsustainable" volume of sales created by high demand…
2 New England Housing Markets Among Top 10 Nationwide Positioned For Growth In 2023: Report 2 New England Housing Markets Among Top 10 Nationwide Positioned For Growth In 2023: Report
2 New England Housing Markets Among Top 10 Nationwide Positioned For Growth In 2023: Report According to a brand-new report, two housing markets in New England, one in Connecticut and the other in Massachusetts, are among the Top 10 nationwide positioned for growth in 2023. Roughly 23 percent of housing inventory is affordable at the median income level in the Top 10 metros across the country, according to realtor.com. Hartford-West Hartford-East Hartford is ranked No. 1 nationally with 6.5 percent projected year-over-year sales growth and 8.5 percent price growth predicted this year, realtor.com said. Worcester, at  No. 4, has a 2.5 percent sales growth predicted in 2023 an…
Sprawling Estate In One Of NJ's Wealthiest Zip Codes Listed At $12.99M (PHOTOS) Sprawling Estate In One Of NJ's Wealthiest Zip Codes Listed At $12.99M (PHOTOS)
Sprawling Estate In One Of NJ's Wealthiest Zip Codes Listed At $12.99M (Photos) A sprawling gated estate in one of New Jersey's wealthiest zip codes is on the market for a whopping $12.998 million. The Rio Vista Drive home in Alpine hit the market for the first time ever in August, according to its Zillow listing. The house has six bedrooms, eight bathrooms, a yoga/pilates studio, resort-sized swimming pool, foyer with granite staircase, oversized clubroom/bar, 8-car parking garage and more. Sharon Kurtz of Compass New Jersey is the listing agent. Click here for the complete Zillow listing. 
Westchester County Given Aa1 Bond Rating By Moody's Westchester County Given Aa1 Bond Rating By Moody's
Westchester County Given Aa1 Bond Rating By Moody's Westchester County has just received an Aa1 bond rating by Moody's Investors Service, reflecting the county's "diverse and resilient economy," according to the company. In addition, it has upgraded the county’s rating outlook to positive from stable.  Earlier Report - County's Bond Rating Outlook Upgraded By Fitch Ratings According to the report that came with the rating, the county has benefitted from "strong resident wealth, a sizeable corporate base, and healthy full value per capita," as well as a home for workers commuting to New York City, according to Moody's.&n…
10 Most Expensive Zip Codes In NJ 10 Most Expensive Zip Codes In NJ
10 Most Expensive Zip Codes In NJ Alpine has officially been dethroned as the most expensive zip code in the US. According to an annual report by Property Shark, the Bergen County town dropped from the top spot for the Garden State to the second, as Deal comes in hot with a $2.3 million median home price. This puts Alpine at No. 66 with a median home price of $2.18 million, and Deal at No. 58 overall. Avalon came in ten spots higher with a median home price of $2 million, and Short Hills close behind at $1.825 million. Here are the top 10 most expensive zip codes in New Jersey, according to Property Shark: 1. Deal, …
Look Inside Grey’s Anatomy Creator Shonda Rhimes’ Newly Purchased $15M Westport Estate Look Inside Grey’s Anatomy Creator Shonda Rhimes’ Newly Purchased $15M Westport Estate
Look Inside Grey’s Anatomy Creator Shonda Rhimes’ Newly Purchased $15M Westport Estate Queen of television Shonda Rhimes is putting down roots in Connecticut after scooping up a massive, multimillion-dollar estate in Fairfield County, the New York Post first reported.  The 52-year-old TV writer, producer, and author - best known for creating hit shows like Grey’s Anatomy, Private Practice, and Scandal - recently closed on a 38,000-square-foot home in Westport for a whopping $15.17 million, the outlet reports. Sitting on roughly 7.5 acres, the New England Colonial home boasts 11 bedrooms, a basketball court, bowling alley, an arcade, a home theater, eight fireplaces, and a ki…
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says Homes in some parts of downstate New York are being considered “overvalued” amid the current housing bubble, according to a new Fortune Magazine report. Fortune studied home price growth, which is wildly outpacing income growth across the country, with different areas across the US considered “overvalued," “undervalued,” or "normal."  Specifically, in downstate New York, both Suffolk and Nassau counties, as well as Westchester have been listed as being "overvalued," the report states. Other counties upstate also earned the distinction, while markets in the rest of the state have remain…
Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says
Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says Homes in some regions in Connecticut are being considered “undervalued” amid the current housing bubble, according to a new Fortune Magazine report. Fortune studied home price growth, which is wildly outpacing income growth across the country, with areas in Connecticut considered “overvalued" or “undervalued.” Specifically, in Fairfield County, Bridgeport, Stamford, and Norwalk were considered undervalued. Also undervalued for housing are Hartford, East Hartford, and Middletown, the report said. New Haven County and Milford were rated as “normal,” with no other areas highlighted by the …
Albany Among 'Juiced Up' Areas Likely To See Home Prices Decline, New Report Says Albany Among 'Juiced Up' Areas Likely To See Home Prices Decline, New Report Says
Albany Among 'Juiced Up' Areas Likely To See Home Prices Decline, New Report Says The Albany area is among the US housing markets that are most likely to see home prices decline as the COVID-19 pandemic housing boom comes to an end, Fortune Magazine reports. Analysts told the outlet that US home prices are now priced ahead of what incomes can support, with the overvaluation varying greatly by market. A market risk assessment found that of roughly 400 metropolitan statistical areas, 67.9 percent were deemed overvalued, Fortune reports. That’s up from 64.7 percent in April. Analysts told the outlet that only 24.5 percent of US housing markets are considered “…
You Could Get $10,000 If You Buy A Home In Baltimore: Here's Why You Could Get $10,000 If You Buy A Home In Baltimore: Here's Why
You Could Get $10,000 If You Buy A Home In Baltimore: Here's Why Looking to buy a house? Well if you're in the housing market, the Mayor of Baltimore wants you to consider purchasing a property in the city. Mayor Brandon Scott announced Wednesday, April 27 that first-time Baltimore homebuyers could be eligible for $10,000 starting May 1. Some homebuyers could even get $20,000 in first-time homebuyer incentives.  Baltimore's First-Time Homebuyers Incentive Program helps first-time homebuyers with their down payments and closing costs. The program awards buyers a $10,000 assistance budget.  In addition, people who purchase a home in the city's I…
In-Depth New York Times Profile Cites Hudson Valley Hamlet's 'Feel-Good' Spirit In-Depth New York Times Profile Cites Hudson Valley Hamlet's 'Feel-Good' Spirit
In-Depth New York Times Profile Cites Hudson Valley Hamlet's 'Feel-Good' Spirit A new in-depth report from The New York Times has described the "feel-good" spirit of a Hudson Valley municipality that has seen a population increase over the past few years. The news outlet reported that the Ulster County hamlet of Highland has received a population boost during the COVID-19 pandemic as New Yorkers moved out of New York City seeking more space. The profile shares a variety of insights into the price of homes, the schools, and the history of the hamlet.  The Times also spoke with residents and people who work in Highland. "You have the beautiful views, the fantastic…
New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K
New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K A new real estate trend has seen a growing number of millennials purchasing historic houses for less than $100,000. "Cheap Old Houses," an Instagram page run by a listing website, has seen significant growth in its following throughout the pandemic. The page began with 750,000 followers at the beginning of the pandemic, according to Business Insider. As of December of 2021, it has grown to 1.8 million followers. View this post on Instagram A post shared by Cheap Old Houses ™ (@cheapoldhouses) The page's founder told the news site that the …