Home Selling in Tappan>Question Details

Jf224, Home Seller in Tappan, NY

How is the market been lately?

Asked by Jf224, Tappan, NY Tue Feb 8, 2011

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The market in Westchester has been very active. We are still seeing some tight inventory levels which are creating multiple bid scenarios.

0 votes Thank Flag Link Sat May 10, 2014
We are now starting to see our spring market open up! It was really delayed because of the rough winter we all had. We still need more houses to sell. There are many buyers out there, not enough homes. This is a great time to sell! For the buyers mortgage rates are still good!
0 votes Thank Flag Link Fri May 9, 2014
According to cnbc statistics the home buying is still strong and the prices are going up even with the mortgage rate jumping up about 1%.
0 votes Thank Flag Link Sat Jul 6, 2013
NAR statistics for December said that national sales were up by 12+ percent. I think that January will also show an increase in sales in the Desert Southwest. Interest rates are edging upward and is bringing out a lot of buyers that have been waiting.
Several experts are predicting that prices will continue to drop in 2011 with all the foreclosures still coming to the market. Best to sell before the prices drop again.
Good Luck,
Vicki Holmes
0 votes Thank Flag Link Tue Feb 8, 2011
The market is decent right now. Low but rising interest rates have Buyers out there looking. Jan and Feb are the months when the lookers come out to check out the market. These lookers turn into Buyers during March and April unless they find their "dream" sooner. For a Seller, you want to be on the market at that time and perhaps a little earlier before too much new inventory hits the market. March and April are the busiest months for new listings coming to market. I listed 2 homes in the past month and sold them both in a weekend. It requires proper preparation and proper positioning in the marketplace to attract Buyers. The more Buyers, the more offers, equals the highest price. If you would like to learn more about specific strategies from a Top 1% Agent, contact me at 845-639-4440 or realtorjohnm@gmail.com. Having the right Realtor in this market makes all the difference. All the best to you, John Maiorano, GRI
0 votes Thank Flag Link Tue Feb 8, 2011
If looking to sell--are ready to sell and need to sell, don't worry too much about the market as none of us knows for sure where it will head tomorrow or down the road...
0 votes Thank Flag Link Tue Feb 8, 2011
Hello. Truthfully the market is still in somewhat of a down pattern. However, spring is around the corner and it is a great time to sell. If you are downsizing keep in mind you will do fantastic on the other end. If you are a first time Buyer that is even better! Let me know if I can be of service. Regards, Allan
0 votes Thank Flag Link Tue Feb 8, 2011
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