It has been said before that none of us has a crystal ball as to where prices are going. However, prices in any comunity is a reflection of each individual property, its location and condition. Rye is a popular area because of it proximity to water and the easy commute to New York City among other thing. Also, the area prices can vary depending on what happens with the economy and employment, particularly in NYC. Flooding has always existed but as long as owners think the positive aspects outway the negative, prices should be stable. Unfortunately, the economic variables can create blips in either direction.