Articles With the Topic: Residential Real Estate

HOM
1/27/2017

 

Westchester County

2016 Real Estate sales in Westchester County were very strong.  There were more transactions for SF homes sales (over 6200) than in any other year over the past 10 years and the County wide median price has held steady for the past 3 years between $624,000 and $635,000

 

Bronxville

  • Market activity in the Village has slowed down slightly in 2016 with 42 transactions vs. 45 in 2015
  • Median price is slightly higher from $2.5m to $2.6m 
  • Bronxville currently has a surplus inventory at... Read more.

 

When the time comes to put your home on the market, many sellers think they should wait until after the holidays. However, there are several unexpected advantages to listing your home now rather than waiting until the New Year.

1. Motivated Buyers

Tis the season! There may be fewer buyers looking, but those who are tend to be motivated buyers. Homes often sell faster during the holidays, and for more money. Plus, there’s always that buyer who wants to give the ultimate gift to a loved one - a new home! 

2. Less Competition

Because the holidays can... Read more.

A look at first and second quarter sales figures, combined with a peek at homes in contract as of June 30, indicate that 2016’s single family home sales in Bronxville Village are keeping pace with last year’s robust sales volume total of 45. Year to date, there have been 22 single family homes sold in the Village, compared to 19 for the first six months of 2015. In addition, 14 homes were in contract as of the end of June.

 

If sales continue at this rate through the end of the year, it... Read more.

There's safety in numbers. No one knows that better than Joanne Zach, a Houlihan & O'Malley Realtor who's been tracking housing statistics in southern Westchester since 2006. Joanne likes to analyze sales data from the Hudson Gateway Multiple Listing Service to help her home sellers price their home to get the best possible deal. She also scrutinizes the local sales figures to help her buyers come up with the right offer to secure the home they want to purchase.

"Without good data to back up what buyers or sellers want to accomplish, they could... Read more.

There’s been a real flurry of activity in upscale home sales recently in the Bronxville PO section of Yonkers, according to Houlihan & O'Malley Real Estate Services. The uptick reflects a strong trend, which shows that the sale of homes priced from $800,000 to $999,000 in that locale rose from 4 homes sold in 2011 to 15 sold in 2015, a 275 percent increase (based on sales data supplied by the Hudson Gateway Multiple Listing Service).

"This price point in the Bronxville PO area of Yonkers is especially popular because you can't get... Read more.

Photo: Michele Pagnotta (left) and Pat Houlihan, Realtors at Houlihan & O'Malley Real Estate Services.

Realtors Michele Pagnotta and Pat Houlihan love working together. The two are a dynamic team* at Houlihan & O’Malley Real Estate Services. The results they have achieved happen when two people work seamlessly together.  “We are there 100 percent of the time for our clients ­– both home buyers and sellers,” according to Michele and Pat.

While their approach is to be very thorough and professional, the two say they also have fun working with their buyers and sellers.... Read more.

Lowball or highball? Neither! Determining the asking price for your home can be extremely challenging. On the one hand, you don't want to set a price that's too high because it will discourage showings and serious offers from qualified, motivated buyers. 

On the other hand, setting the price too low will attract lots of interest but set the stage for offers and negotiations that might result in selling your home for less than its full-market value. Here’s are some tips, adapted from our new Houlihan & O'Malley Home Seller's Guide, which can help you determine the best asking... Read more.

Just making the decision that you’re committed to buying a new home is exhilarating. It is a time brimming with possibility and the potential to find not just a new place to dwell, but a new quality of life. Buying a new home can mean new possibilities for your family, new rooms to decorate the way you like, and new scenery to enjoy.

The decision is just the beginning of an adventure that can be filled with discovery. However, it also can be frustrating, especially if you don’t know what to expect from the actual process of purchasing a... Read more.

A fee for checking your credit score? A loan origination fee? Pest inspection fee?

It used to be that home buyers found themselves overwhelmed with unexpected costs when they went to close on their home. But now, new regulations have been implemented to respond to the consumer's need to better understand their loan options. Called Know Before You Owe, the federal mortgage disclosure rule was implemented by the Consumer Financial Protection Bureau on October 3 of this year.

According to Joe Houlihan, managing partner of Houlihan & O'Malley Real Estate Services, "Closing... Read more.

 

When the time comes to put your home on the market, many sellers think they should wait until after the holidays. However, there are several unexpected advantages to listing your home now rather than waiting until the New Year.

1. Motivated Buyers

Tis the season! There may be fewer buyers looking, but those who are tend to be motivated buyers. Homes often sell faster during the holidays, and for more money. Plus, there’s always that buyer who wants to give the ultimate gift to a loved one - a new home! 

2. Less Competition

Because the holidays can... Read more.

For High-End Real Estate Listings, Photos Shot From the Air Go High-Tech

Until now, when a real estate agency wanted to show the breadth and scale of a magnificent estate, it would require hiring a helicopter for the photographer to take pictures high above the leafy streets and lawns.

Now all that’s changed, courtesy of drones.

Among all the possible uses for drones, real estate photography is a natural, and is quickly moving from being a novelty in the home-selling process to being an indispensable tool for real estate agencies who... Read more.

Built in 1926 by the celebrated architect Lewis Bowman, the magnificent Mediterranean estate at 279 Pondfield Road in Bronxville has just been sold. Listed at $5,195,000, the spectacularly restored and sensitively renovated house, situated on .64 acres, was the third highest home sale year to date in the Village, according to Realtors Pat Houlihan and Michele Pagnotta of Houlihan & O'Malley, who represented the homebuyers.

 

Adding to the home's immense appeal was the fact that “the sellers were not influenced by current design trends and stayed true to the original architecture of the... Read more.

 

 

 

Helpful Online School Search Tools Include 

Houlihan & O'Malley's "Neighborhood Navigator"

 

Looking for a new home for you and your family?  If so, finding a community with schools that 

can best meet the needs of your family may well be on the top of your list. It is critical to check 

out the schools – both in person and online –  in the communities you are considering, especially 

if you are moving to a new area. 

 

At Houlihan & O’Malley, we suggest that you check out some very helpful... Read more.

Good news! Not all millennials are living with their parents and struggling to pay off student loan debt. As the economy grows stronger and the 18-34 year-olds in this demographic group find their employment prospects improving, millennials, especially those on the older end of the spectrum, are looking to buy homes. At Houlihan & O'Malley Real Estate Services In Bronxville, NY, for example, sales data shows the number of millennials buying homes has risen significantly, from 28 percent in 2012 to an average of 40 percent in 2013 and 2014, according to Joe Houlihan, the firm's managing partner.

 

This... Read more.

HOM
6/3/2015

Tips for Enhancing Your Home’s Curb Appeal This Spring, Part II

 

While the first blog in this two-part series focused on tips to improve the look of your

home's exterior, this one highlights steps to enhance your property in order to add curb

appeal to attract potential buyers.

 

1. Fix stone walkways and retaining walls as well as the Belgian blocks lining your 

driveway that were ruined by winter snow, road salt, or careless plowing.  The best way 

to find a top-notch mason is to check with colleagues and friends to see... Read more.

HOM
5/28/2015

Tips for Enhancing Your Home’s Curb Appeal This Spring, Part I

 

With the horrible winter weather finally behind us and the “pollen tsunami” beginning to subside, now is the perfect time to turn attention to your house. This spring, why not give it some extra curb appeal? The goal is to make the home’s exterior look crisp and clean and help it stand out, thus increasing your chances of enticing potential buyers to want to take a peak inside.  Here are some helpful hints to get the ball rolling:

 

1. Get the... Read more.

HOULIHAN & O'MALLEY IN THE NEWS

As a leading expert on the Bronxville and Southern Westchester real estate scene, Houlihan & O'Malley is frequently featured in the media. Following are some of the top stories in recent months. They are chockfull of useful advice for homebuyers and sellers on topics ranging from current home design trends to real estate concierge services.  Click on the article links below to learn more!

 

What Homebuyers Are Looking For In 2015: So Long Granite, Hello Options!

Bronxville DailyVoice.com, March 27, 2015

http://bronxville.dailyvoice.com/real-estate/what-homebuyers-are-looking-2015-so-long-granite-hello-options

From composite countertops to... Read more.

HOM
4/3/2015

What Westchester Homebuyers Are Looking For In 2015:

So Long Granite, Hello……… Options!

 

From composite countertops to outdoor entertainment spaces and faux-wood decks, Westchester homebuyers have some new preferences when it comes to what they want in a home. While stainless steel kitchen appliances and open floor plans continue to be in high demand, homebuyers' 2015 wish lists contain some surprises, according to Joe Houlihan, managing partner of Houlihan & O'Malley, Bronxville's leading boutique real estate agency.

 

In southern Westchester, proximity to schools and public transportation has also become an increasingly... Read more.

Q & A WITH JOE HOULIHAN

WHAT ARE THE PROS AND CONS OF BUYING A CONDO?

 

Q: What are the benefits of owning a condominium vs. a house? Drawbacks?

 

A: Probably the most popular benefit of owning a condominium is that you are not responsible for any outside maintenance. The condo association takes care of shoveling, snowplowing, landscaping, roofs, painting the exterior, paving, and more – all of those things that can drain your budget and your time when you own a house. Additionally, condos often come with a variety of amenities,... Read more.

 

We all know the saying “there’s an app for that.” Technology exists for just about everything today. The question is how useful is it? Usually, very. Even when it comes to purchasing a home, technology can be a real game-changer. Now, if you are interested in purchasing a home, you can easily find out about properties and communities by using our online tools to help you quickly find the right home, at the right price, even before you speak to one of our Houlihan & O’Malley brokers.

 

“We used to spend... Read more.

Everyone's talking about what a good year 2014 was in residential real estate, but what exactly does "good" mean? Houlihan & O'Malley, Bronxville's leading boutique real estate agency, has analyzed sales data through December 6 to answer that question, and issued the report "2014 Bronxville Home Sales Year in Review." They found that the median price of a single-family home in Bronxville Village rose from $2,009,500 in 2013 to $2,195,000 in 2014, an increase of 9 percent.  Houlihan & O'Malley's research was based on local market analysis supplied in early December by the Hudson... Read more.