Westchester Real Estate News

There is no doubt that we have an affordable housing crisis in America. This is not a new problem, but it’s gotten worse over the past decade. The COVID pandemic poured gasoline on this fire – in 2020, people fled cities looking for more space in suburbia, new home building slumped, and the eviction moratorium…

Thankfully, the COVID crisis is winding to a close. I’m sure that you are as thrilled as I am to be returning to normal after fourteen months of unprecedented social and economic disruption. Let’s hope that we are not cursed with another public health emergency for a very long time. For Westchester County real estate…

I could call this article “Been there, done that.” If you got ten experienced landlords in a room and asked them to share the dumbest things they’ve ever done, I guarantee you that some of the common mistakes I’ve listed here would come up. Hopefully, after reading my shortlist of blunders, you’ll be able to…

Let’s face it. People can be clumsy, accident-prone, and dirty. You might have what you believe are some great tenants – they pay on time, repairs are few and far between, never a complaint – but when you’re ready to rent your property to new tenants, and you do a closing rental contract property inspection,…

As we enter into the second quarter of 2021, the Westchester County real estate market is red hot. According to Rocket Homes (the Rocket Mortgage folks), the median sales price of a home in Westchester County is now $635,000, up 11% since April 2020. Sales of single-family homes, condominiums, and cooperatives in Westchester County were…

Spring has sprung! Winter is behind us, and the COVID pandemic is fading fast (fingers crossed on that one!). This is the time of year when you might be thinking about making some improvements to your rental property. As landlords, we know that we have to keep our properties in good working order. But beyond…

With the Biden Administration now passing its first 100 days in office, let’s take a minute and assess where the new Administration is headed in terms of policy proposals that will directly impact real estate investors (REIs). Understanding what potential impact these changes might have on your real estate investment business helps you make better…

How many of us remember the “good old days” of real estate investing? Pre-internet, if we wanted information about real estate markets, we had to go digging around in county offices and realtor’s file cabinets to find it. My how times have changed. Today, “there’s an app” for almost everything. Real estate investment information is…

We’ve all been told things that were presented to us as absolute truths but turned out to be myths. Here’s a classic, “You need to wait half an hour after eating to go swimming, or you’ll get cramps, and you could drown.” Or  how about, “Twinkies last forever.” Nope. They have a shelf life of…

We’ve just rolled through the first quarter of the year. What was the best thing about the last three months? It was no longer 2020! As we settle into the “new normal” of post-pandemic life, real estate investors (REIs) should be aware of the USA’s rental housing markets’ latest trends. Rental markets remain, in a…