Search for Posts by Topic:
We've got good news to report – at least if you're a local home seller! The median price of a single-family home went up 12 percent in Bronxville Village in 2015, rising from $2,190,000 in 2014 to $2,455,000 this past year, according to Houlihan & O'Malley market analysis. Our office research, based on sales data supplied by the Hudson Gateway Multiple Listing Service, also shows that the median home sale in the Bronxville P.O. area of Yonkers remained almost unchanged, with the price dipping from $805,000 in 2014 to $801,750 in 2015, less... Read more.
Topics:Real Estate Market Reports
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.
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.