Comments on: White Plains NY – Housing and Market Statistics for First Quarter 2009 http://thewestchesterview.com/2009/05/06/white-plains-ny-housing-and-market-statistics-for-first-quarter-2009/ News and Views of Westchester Real Estate Fri, 10 Feb 2012 02:46:07 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Ruth Marie Hicks http://thewestchesterview.com/2009/05/06/white-plains-ny-housing-and-market-statistics-for-first-quarter-2009/comment-page-1/#comment-311 Ruth Marie Hicks Mon, 18 May 2009 18:05:49 +0000 http://thewestchesterview.com/?p=536#comment-311 As I said in the blog there are a lot of people who WILL NOT subject themselves to a 2 hour slog to work and and home again every single day. They are willing to sacrifice size for convenience and vital FAMILY time. What good is the big house with the big yard if you are never there to enjoy it? Right now its a great time to buy. Interest rates on fixed loans are extremely low. The prices are down significantly off their highs and the buyers who qualify are back making sensible offers. Many are first-time buyers who are entry-level. Quite a few are cashing out from more expensive locations such as Brooklyn and parts of Manhattan. The commute from lower Westchester can be comparable time-wise and far superior comfort-wise to the commute from Brooklyn and even parts of Riverdale and upper Manhattan. Some of the villages and cities in lower Westchester have "walkable" neighborhoods. You hardly need your car. That is also a major attraction for former city dwellers who really don't like hopping in the car to do anything. As I said in the blog there are a lot of people who WILL NOT subject themselves to a 2 hour slog to work and and home again every single day.

They are willing to sacrifice size for convenience and vital FAMILY time. What good is the big house with the big yard if you are never there to enjoy it?

Right now its a great time to buy. Interest rates on fixed loans are extremely low. The prices are down significantly off their highs and the buyers who qualify are back making sensible offers.

Many are first-time buyers who are entry-level. Quite a few are cashing out from more expensive locations such as Brooklyn and parts of Manhattan. The commute from lower Westchester can be comparable time-wise and far superior comfort-wise to the commute from Brooklyn and even parts of Riverdale and upper Manhattan.

Some of the villages and cities in lower Westchester have “walkable” neighborhoods. You hardly need your car. That is also a major attraction for former city dwellers who really don’t like hopping in the car to do anything.

]]> By: Affordable Apartments Dutchess County NY http://thewestchesterview.com/2009/05/06/white-plains-ny-housing-and-market-statistics-for-first-quarter-2009/comment-page-1/#comment-309 Affordable Apartments Dutchess County NY Mon, 18 May 2009 14:42:10 +0000 http://thewestchesterview.com/?p=536#comment-309 Although it may be a 'buyer's market' in Westchester County, NY, who are these buyers? It is still really expensive to live in Westchester. It is important to make wise decisions when buying a home; although it is a great market, don't feel forced into a home if it's not a good time for you. You're right about it not being a "fire sale." Although it may be a ‘buyer’s market’ in Westchester County, NY, who are these buyers? It is still really expensive to live in Westchester. It is important to make wise decisions when buying a home; although it is a great market, don’t feel forced into a home if it’s not a good time for you. You’re right about it not being a “fire sale.”

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