Larchmont NY (town of Mamaroneck) is one of those wonderfully cozy villages that reminds me of more of the "old world" then the east coast of the United States. The following pictures are a reminder that the even this very difficult winter of our discontent and fear had its share of beauty and charm.
When Barack Obama won the election , I was foolishly concerned for the welfare of the comics. I figured that many comedians would be polishing their resumes and looking for day jobs. Let's face it, whatever you think of Obama - its obvious that he doesn't offer anything close to the amount of canon fodder that George Bush regularly and generously provided.
This is the single largest financial transaction that people make. Do you really want to enter into such a transaction unrepresented? Let me make this point crystal clear: Unless you have a buyer's agent representing you in your home purchase, you will be unrepresented during the negotiation process. Further, chances are, you are up against a pro who has a fiduciary obligation to represent their client - the seller.
Tarrytown and Sleepy Hollow have been in the midst of a buyer's market for some time. This has been particularly true of the single-family home market in the area. But single family homes had a volume consistent with 2007 levels - significantly down from the boom era, but not the grim dip seen in other sectors. It might be an early indication that that particular sector is starting to stabilize.Of course it is way too soon to say anything definitive. Market bottoms are always judged with 20/20 hindsight!
Larchmont is one of the few areas that has, in some sectors, escaped the worst of the bear housing market - at least for the time being. Single family homes in Larchmont have been particularly resilient. Cooperatives have undergone a mild price correction, but compared to other parts of Westchester, Larchmont is on firmer footing.