Low inventory plus high demand equals a difficult time for homebuyers, unless they have very deep pockets, CBS2’s Tony Aiello reported Friday.
“For Sale” signs are few and far between in Westchester County. Just about 700 single-family homes were listed in the 4th quarter of 2021. That’s down 45% from 2020.
Read MoreOmicron has indisputably put a damper on early 2022—and as COVID-19 infection rates continue to climb, many may wonder whether we’re headed toward another nationwide shutdown of schools, businesses, and other #lifegoals that may have just begun sputtering back to life.
Meanwhile, homebuyers who’ve vowed that this is the year they’ll finally buy a house might feel as if a wrench the size of a Mack truck was thrown into their plans. Will open houses even be allowed? Will home sellers pull their listings, thinking it’s not worth the risk?
Read MoreDespite a serious lack of inventory and a blistering sales pace, Denver doesn't rank anywhere close to the top of a recent Realtor.com forecast of the hottest real estate markets of 2022.
The Denver metro comes in at number 48 out of the nation's top 100 metros in terms of the predicted change in price and number of sales for next year – that's an 11% total increase, 6% for number of sales and 5% for home prices.
Read MoreMetro Denver homebuyers who thought it was tough to find for-sale homes in December will be sorely disappointed if they thought a new year would bring more inventory.
Read MoreDenver may need to redefine the “luxury” residential market.
There’s something of a mythical quality to a $1 million price tag. But sales of a single residence above that mark are becoming more and more common in the region.
Read MoreOne of the most sensational years in the history of U.S. real estate is drawing to a close, and the momentum is quieting down a bit, but people are still rushing to buy homes and the housing shortage is far from over.
Read MoreOneKey MLS, reporting detailed, month-over-month statistical information about residential, condo, and co-op sales transactions in the regional MLS coverage area, finds that the closed median sale price in November 2021 was less than it was in October 2021.
Read MoreThough many economists predict that home price growth will slow in 2022, a lack of available inventory will keep things competitive for buyers for the foreseeable future.
Read MorePotential buyers are coming up empty in their search for a place-- and that’s sent contracts plunging for the fifth consecutive month in Westchester County and Long Island, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
Read MoreThe Denver metro's October home sales and active listings fell, with the market's temperature dropping, according to the most recent Denver Metro Real Estate Market Trends Report.
Yes, but: The number of closings doesn't mean a collection of unsold homes sat idly on the market. The 3,376 homes and condos worth of inventory at the end of last month represents a 15% decline from September. Here are five homes on the market priced under $1 million.
Read MoreFairfield County, which has been particularly affected by housing price hikes, saw a 35 percent drop in the number of closed sales in October — 858 — compared to the same month last year. But it also saw the largest increase in sales compared to 2019, at 23 percent.
Read MoreBoth home sales and active listings in metro Denver dropped in October, with the housing market running much cooler than this time last year, according to the Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors.
Read MoreThe recovery of Fairfield County’s office-leasing market from the COVID-19 pandemic is gaining pace — and nowhere is seeing more momentum than the county’s most southwestern town.
Read MoreThe latest data from ShowingTime, the residential real estate industry's leading showing management and market stats technology provider, shows that Seattle and Denver lead the nation in buyer demand even as we head into the typically cooler late fall and winter seasons.
Read MoreThe median sales price for single-family houses rose in 2021's third quarter compared to the same July-through-September period last year, including from Westchester to Putnam to Rockland, according to the Hudson Gateway Association of Realtors.
Read MoreThe Denver-area housing market saw a relative slowdown for inventory in July and August, but the end of September saw a 10.86% increase in inventory compared to the previous month, according to the October Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors. The report led DMAR experts to call this a good time to buy.
Read MoreWestchester County experienced an increase of 9 percent in single family home sales to 2,377 units from 2,181 units in 2020. There was an increase of 5.6 percent in median sale price to $855,000 from $810,000 in 2020.
Read MoreThere were 3,971 active listings at the end of September, according to the Market Trends report released Tuesday. That’s a 10.9% increase from the number available in August, but still down 25.1% from the number of homes for sale in September 2020.
Read MoreReal estate analysts said many of the transplants were temporarily relocating to summer residences they owned while keeping their homes in the city. Some moved in with family. But many were acquiring second homes or making the move permanently, which sharply drove up demand for residential real estate in Fairfield County.
Read MorePerched above the Hudson 20 miles north of Manhattan, Dobbs Ferry is denser than its neighbors and more diverse, with good schools and a wide spectrum of housing.
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