Understanding the current Real Estate market conditions in the upper Westchester area can be broken down in easily: Its simple economics, with deflated prices and low interest rates hovering around 4%, your buying power couldn’t be better… You get more for your money with a purchase in this economy.
Most indicators prove that we may be at or near the bottom of the market. Waiting for a better time to buy may be too late in the game. The time is now and the inventory is all around us. I have already seen an increase in demand for property purchases, and homes that are priced right are receiving multiple offers. There are many programs in place to help you pursue this dream.
It’s one of the best times for a first time homebuyer to feel pride of ownership. That being said, selling your midsize home to scale up and reaping the benefits of the sale to the first time home buyers available proves to be perfect timing.
There are over 50 properties in Mt Kisco and Bedford alone under 350K.
Mt. Kisco has a diverse make up of communities ranging from wealthy to mid-size family areas and the town is the hub of the area- featuring great restaurants, shopping, banking and more… it’s a wonderful place shop and stroll and an even better place to live!
Shopping for homes and rentals is as much knowledge and education as is finding the perfect property…. Understanding what’s on the market, what you get for you money in different areas and the parameters of navigating through a mortgage are what will prepare you to make a home purchase or enter into a lease with confidence.
Make your move and start building equity while taking advantage of the current market conditions and interest rates… It’s as easy as reaching out to me!
JUSTIN PIERAGOSTINI CBR, BPOR
Licensed Salesperson -Paddington Stone Realty