Westchester is one of the most expensive communities in the United States. So it comes as no small surprise that many home buyers are blown off their feet by sticker shock.What does surprise me is how many of these buyers still think that we are in a strong buyers market. Unfortunately, that is soooooo 2011 and we are now in a what should be considered a seller's market. However, that does not necessarily mean that this is a bad time to buy.
Downsizing can be challenging. But one thing many didn't expect was "sticker shock". Downsizer's are finding is that the slick townhouse or condo they have their eye on can cost almost as much as what they can sell their far larger single-family home for.