it seems like the decrease in value has been 18-25% depending on where the property is located. i believe it will further decrease. values, i think will not go up any time soon.
Anthony Crecco
914.269.8184

Since the beginning of the year, January 1st, the market has been fairly stable and home prices, outside of the luxury market, haven't really moved significantly.

However, if you want to talk about the past 12 months, there has been roughly a 20% decrease in home prices. We lost about 10% last summer and another 10% drop this past November.

If you would like any additional help, please feel free to contact me any time.

Walt FitzPatrick
Houlihan Lawrence Bronxville
914-513-9811
wfitzpatrick@houlihanlawrence.com

For the past two years it has been dropping at least 1% per month.

-Cathy