Are you seeing your housing needs change? ‘Moving up’ doesn’t always mean moving to a larger home—it can mean moving to a more desired location or even downsizing. Moving up is about making the lifestyle change you’ve always wanted. Don’t miss this very unique opportunity to do so. An analysis of the real estate market [...]
Assessed Value is the dollar valuation formula assigned to a specific property by the town assessor for the purpose of determining the property tax due. Assessors consider the condition of the property and any improvements that have been made. An Appraised Value, in contrast, is determined by a licensed real estate appraiser who inspects the property [...]
Q: When is the best time to sell your Westchester or Putnam home? A: The best time to sell is when you are ready, or when you must. That is, when you have outgrown the space in your current home, or you prefer to trade down to something smaller, or you want to move up to [...]
As the Westchester Putnam Spring Housing Market bursts into full bloom, there is no doubt that mortgage rates are at a historical low, and home buying should be at an all-time high . . . but there is a dual effect to the rise in mortgage rates over the last few weeks. The positive effect: This does motivate buyers to get [...]
The good news . . . Mortgage rates low and housing affordability high! But keep a watchful eye on the U.S. Treasury Yields. There is a direct correlation of mortgage rates to U.S. Treasury Yields. When treasury yields rise we start to see an increase in mortgage rates, and as treasury yields fall, so do mortgage rates. The [...]
Connect with Pat