Westchester Real Estate News
Mortgage Rates – The Outlook For 2020 And Beyond
For Real Estate Investors (REIs), the cost of borrowing money to finance investment property is a critical component of their business model. While some of us own our investment properties outright, the majority of rental assets are leveraged. Let’s take a look at where mortgage rates currently stand in Westchester County: Average conventional fixed-rate mortgages…
Read MoreWhat Do Most Successful Real Estate Investors Have In Common?
A recent article by David Greene in Forbes magazine caught my eye this week. I’ve been blessed to work with many successful Real Estate Investors (REIs) over the years. They are a diverse bunch to be sure – women, men, US citizens, foreign nationals, younger, older, etc. That said, I know that they all share…
Read MoreGood News – The U.S. Real Estate Market Is Strong
How many times have we all said that 2020 is the worst year ever? And with good reason! Especially for New York, right? Tens of thousands of COVID deaths, a flash mini-economic depression, and worrisome social unrest has been a rather dismal mix to endure (to say the least). Is there a silver lining in…
Read MoreWhat’s Next?
Hasn’t 2020 been “great”? What a year so far, right? COVID, lockdowns, riots, looting, elections, too much fun. I understand the ancient curse of “May you live in interesting times” far better now. What we could all really use is some “normalcy,” whatever that means these days. Will we get it? You tell me and…
Read MoreThe Hot and Cold Sides of the Westchester Housing Market
It looked like winter wouldn’t come to an end in the Westchester housing market. A combination of few homes in the lower price range and the new federal tax law capping the ceiling of local tax deductions caused a stagnant winter market
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