End of the year 4th Quarter 2022 Real Estate recap-
Thomas Roberts
Licensed Real Estate Salesperson at William Raveis Real Estate, Mortgage & Insurance, Entrepreneur, and Leader
The National Association of Realtors Pending Home Sales Index (PHSI) noted that in the North East United States, home sales slipped 4% in November 2022. The factors for this slide are the ongoing issues of the increase in interest rates on mortgages, available housing, and fears of recession. First-time home buyers who are trying to get into the market are being hit the hardest by a chronic lack of affordable starter homes that are available. Many of these available starter homes in Westchester are being sold at a premium to families who are able to come up with strong down payments and wave buyer contingencies.
The Links Below are live
The communities below each have a clickable link that will give you the most updated market data for that particular area. When you click on your community you can toggle between house types indicated by the photo to the right.
Get to know Thomas Roberts
If you or anyone you know has a real estate need with buying a home, selling a home, or investment opportunities please reach out to me.
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