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Westchester County, NY Real Estate News

By Phyllis Lerner call 914.438.7556, Corcoran Legends Realty
(Corcoran Legends Realty)
NEW LOWER PRICE - $1,475,000 - Welcome to this stunning 4-bedroom, 4.5-bath colonial home located in the desirable Pocantico Hills School and Recreation with LOW TAXES!! Nestled on just under an acre, this home is conveniently close to the scenic Rockefeller walking trails with low taxes...As you approach, a large wrap-around front porch invites you into the main entrance. Brand new driveway to garage and lots of parking. The spacious entry hall leads to a formal living room, featuring a charming wood-burning fireplace. The eat-in kitchen boasts stainless steel appliances, ample cabinetry, and elegant granite countertops. From here, sliding doors open to an oversized deck, perfect for entertaining, and a beautifully landscaped yard with abundant greenery. An enclosed screened porch prov...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
The Free 12 Month Done-For-You Strategic Marketing Plan  A Free 12-Month Done-For-You Strategic Marketing Plan is a detailed roadmap that helps a business or professional systematically grow their visibility, lead generation, and sales over the course of a year. Here's an outline of what it could look like, particularly for someone in real estate or related industries: Month 1: Market Research and Goal Setting Define your target market (demographics, psychographics). Analyze competitors and local trends. Set measurable goals (e.g., 20% increase in leads, 15% increase in sales). Month 2: Branding & Messaging Ensure your branding (logo, website, social media profiles) is cohesive and professional. Develop key messaging that speaks directly to your target audience’s pain points and desires...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
3 Things you Must Know About Buying a Home in Westchester County this Fall  Here are 3 key things to know about buying a home in Westchester County this fall: 1. Low Inventory, High Competition The housing inventory in Westchester continues to be low, especially for single-family homes. Buyers are facing stiff competition, often leading to bidding wars. Be prepared to act quickly, have your financing in order, and consider offering above the asking price if you want to stand out. 2. Interest Rate Environment Interest rates have remained elevated compared to recent years, making it crucial to lock in a good mortgage rate. Higher rates may reduce your purchasing power, so keep an eye on potential changes in federal policies that could impact rates this fall. 3. Neighborhood-Specific Marke...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Job opportunities: Are there new companies or factories in upper westchester? Upper Westchester County has seen significant industrial and business growth, particularly in advanced manufacturing and technology sectors. The county's strategic location, skilled workforce, and proximity to New York City have attracted companies focused on high-tech manufacturing, including industries producing specialized equipment, circuit boards, and aluminum parts. These developments have created job opportunities in well-paying, skilled roles, often requiring specialized training, which Westchester is supporting through programs to develop local talent.Additionally, sectors like healthcare, education, and finance remain strong, with top employers such as Regeneron Pharmaceuticals and IBM maintaining a...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Have any celebrities recently sold homes, bought in Westchester NY? Several celebrities have recently made real estate moves in Westchester County, New York: Derek Jeter, the former New York Yankees star, sold his upstate estate, "Tiedemann Castle," after years on and off the market. The waterfront estate in Greenwood Lake was listed for $6.3 million at the time of sale​(Daily Voice)​(6sqft). Stanley Tucci, the actor known for films like The Devil Wears Prada, recently sold a home he owned in South Salem​(The Real Deal). Bruce Willis purchased a $12 million, 22-acre estate in Bedford​(6sqft). These sales reflect the appeal of Westchester County's suburban charm and proximity to New York City, a key factor that continues to attract high-profile buyers.
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Local housing trends: Are home sales up or down westchester county?In Westchester County, home prices continue to climb, with the median sale price over $840,000, an 8.4% increase from last year. Homes are selling quickly, with some properties selling above their asking prices. Despite strong demand, the number of homes sold has dropped by 3.3% due to low inventory and higher interest rates, causing a more competitive market. Homes are staying on the market for an average of 45 to 60 days
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
17 Open House Food Ideas to Make Your Open House a Success  Hosting an open house is a great opportunity to make a positive impression on potential buyers, and offering food can enhance the experience. Here are 17 food ideas that can make your open house stand out: Savory Snacks: Mini Sandwiches or Sliders: Easy to eat and customizable with various fillings like turkey, ham, or veggie. Cheese and Charcuterie Board: A mix of cheeses, meats, crackers, and fruit. It’s elegant and allows guests to nibble as they explore the home. Caprese Skewers: Cherry tomatoes, mozzarella balls, and basil drizzled with balsamic glaze—simple, fresh, and easy to eat. Veggie Platter with Dip: A colorful array of fresh vegetables with a variety of dips like hummus or ranch. Stuffed Mini Peppers: Bite-sized an...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Nice restaurants to visit after you buy your home in Peekskill NYPeekskill has a vibrant dining scene with a variety of restaurants to explore. Here are some nice options to consider after settling into your new home: The Peekskill Brewery Cuisine: American, Gastropub Vibe: A popular spot known for its craft beers and creative pub fare. The brewery offers a relaxed atmosphere with a lively crowd. It’s perfect for casual dining, and they often have live music and events. The Hudson Room Cuisine: American, Sushi, Seafood Vibe: A trendy and upscale restaurant with a diverse menu, including fresh sushi and seafood. The modern ambiance is complemented by live music on select nights, making it a great place for a night out. Kathleen's Tea Room Cuisine: English, American Vibe: A charming spot ...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Nice restaurants to visit after you buy your home in Yorktown NY  Congratulations on your new home! Yorktown has some great dining options. Here are a few nice restaurants you might enjoy: Peter Pratt's Inn Cuisine: American, New American Vibe: Located in a charming 18th-century farmhouse, this restaurant offers a cozy, rustic atmosphere with a modern twist. It’s perfect for celebrating special occasions or enjoying a romantic dinner. Thyme Cuisine: American, Mediterranean Vibe: A casual yet elegant spot known for its fresh, locally sourced ingredients and creative dishes. The outdoor seating area is a lovely place to relax, especially during the warmer months. Little Sorrento Cuisine: Italian Vibe: A family-owned restaurant that serves classic Italian dishes in a warm, inviting setting...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
I am looking for a plot of vacant land in Westchester NY, Important things to ask?  When looking for a plot of vacant land in Westchester, NY, it's important to ask a series of questions to ensure that the property meets your needs and is a sound investment. Here’s a list of key questions to consider: 1. Zoning and Land Use What is the current zoning classification of the land? Are there any restrictions on how the land can be used or developed? Is the land part of a planned development or subject to specific community regulations? 2. Utilities and Infrastructure Are there utilities (water, electricity, gas, sewage) available at the site, or will they need to be installed? What are the costs and feasibility of bringing utilities to the property? Is the road leading to the property publi...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
How to Sell a Home with TenantsSelling a home with tenants can present unique challenges and considerations compared to selling a vacant property. Proper planning, clear communication, and understanding of legal obligations are essential to ensure a smooth and successful sale. This guide outlines the steps and best practices for selling a tenant-occupied property.1. Understand Your Lease AgreementsReview the Current Lease Terms Fixed-Term Lease: If your tenants have a fixed-term lease (e.g., one year), they have the right to remain in the property until the lease expires, unless both parties agree otherwise. Month-to-Month Lease: With this arrangement, you typically have more flexibility and can provide notice to terminate the lease according to local laws and regulations. Know the Tena...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
How to Write a Compelling Listing Description  Writing a compelling listing description is essential to attract potential buyers and generate interest in a property. A well-crafted description highlights the property’s best features, sets the right expectations, and motivates buyers to schedule a showing. Here’s a guide on how to write an effective listing description: 1. Start with a Captivating Opening Attention-Grabbing Headline: Begin with a strong headline that highlights a key feature or unique selling point of the property, such as "Charming Victorian with Modern Updates" or "Stunning Lakefront Property with Panoramic Views." Engaging Introduction: The first sentence should draw the reader in. Use descriptive language to create an emotional connection, such as "Welcome to your dr...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
What is The Benefits of Open Houses for Sellers? Open houses offer several benefits for sellers, making them a valuable tool in the real estate selling process. Here are the key advantages: 1. Increased Exposure Wider Audience: Open houses attract a broad range of potential buyers, including those who may not have scheduled a private showing. This increases the chances of finding a buyer quickly. Casual Visitors: People who are just beginning their home search or are simply curious may attend open houses. While these visitors may not be serious buyers initially, they could become interested in the property after viewing it in person. 2. Creates a Sense of Urgency Multiple Interested Parties: Having several prospective buyers view the property simultaneously can create a sense of competi...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
What is the Role of a Real Estate Agent in the Home Buying ProcessA real estate agent plays a crucial role in the home buying process, acting as a guide, advisor, and advocate for the buyer. Here's an overview of their responsibilities:1. Initial Consultation and Needs Assessment Understanding the Buyer's Needs: The agent meets with the buyer to understand their preferences, budget, desired location, and must-have features in a home. Market Education: They educate the buyer on the current market conditions, including pricing trends, available inventory, and potential challenges. 2. Home Search and Property Tours Property Search: The agent uses their knowledge of the market and access to the Multiple Listing Service (MLS) to find properties that match the buyer's criteria. Scheduling Tou...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Top buyer questions in real estate  When buying a home, especially for the first time, it's common to have many questions. Here are some of the top questions buyers often ask during the real estate process: 1. How Much Can I Afford? Budgeting: Buyers want to know how much they can realistically afford, taking into account the down payment, monthly mortgage payments, property taxes, insurance, and other costs. Pre-Approval: They often ask about the difference between pre-qualification and pre-approval and how to get pre-approved for a mortgage. 2. What Are the Current Market Conditions? Buyer’s vs. Seller’s Market: Buyers want to understand whether it’s a buyer’s or seller’s market, as this affects their negotiating power and how quickly they need to act. Price Trends: They also ask abou...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
How do you deal with Local property tax rates Westchester?  Dealing with local property tax rates in Westchester County, which are among the highest in the nation, can be challenging. Here’s a guide to managing and potentially reducing your property tax burden: 1. Understand Your Property Tax Assessment Assessment Process: Property taxes in Westchester are based on the assessed value of your home, which is determined by your local assessor’s office. This assessed value is supposed to reflect the market value of your property. Review Your Assessment: Each year, review your property tax assessment notice. Compare the assessed value to recent sales of similar homes in your area to ensure it's accurate. If the assessment seems too high, you may be overpaying on your taxes. 2. Challenge Your...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Housing trends in the town of Cortlandt, NY   The housing trends in the town of Cortlandt, NY, have been shaped by several factors, including economic conditions, interest rates, and local market dynamics. Here’s an overview of the key trends in Cortlandt: 1. Low Inventory Supply Constraints: Like many areas in Westchester County, Cortlandt has been experiencing low inventory, which means there are fewer homes available for sale. This has led to increased competition among buyers, often resulting in bidding wars and homes selling above the asking price. New Construction: While there has been some new construction, it hasn’t been enough to meet the high demand, particularly for single-family homes. 2. Rising Home Prices Appreciation: Home prices in Cortlandt have been steadily rising, d...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
A guide to buying your first home in today’s market! Buying your first home can be both exciting and challenging, especially in today’s competitive market. Here's a step-by-step guide to help you navigate the process: 1. Assess Your Financial Situation Budget: Determine how much you can afford to spend on a home. This includes the down payment, closing costs, and monthly mortgage payments. Credit Score: Check your credit score. A higher score can qualify you for better mortgage rates. Debt-to-Income Ratio (DTI): Lenders typically look for a DTI below 43%. The lower your DTI, the better your mortgage terms may be. 2. Save for a Down Payment Down Payment: Aim for at least 20% to avoid Private Mortgage Insurance (PMI). However, many first-time homebuyer programs allow for lower down paymen...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
How’s the Market in Yorktown NY Neighborhood?The real estate market in Yorktown, NY, is showing signs of cooling down as of August 2024. Home prices have experienced a slight decline, with the median list price for homes now at $542,000, a 1% decrease from the previous month and the same time last year. The price per square foot has also dropped by about 3% year-over-year.Homes are spending more time on the market, with the median days on market increasing to 59 days, indicating a slower pace in sales. Despite these trends, the market remains competitive, with many homes still selling for above the asking price, particularly those that are well-maintained and in desirable locations.Inventory remains tight, with only a modest number of homes available for sale, contributing to continued ...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
110 Jennifer Ct Yorktown Heights just sold for full price! We need more homes like this in the Yorktown, Cortlandt Manor areas to sell! Many buyers very few home for them to buy!!! It sounds like the demand is high, and the market is really competitive in Yorktown and Cortlandt Manor. With properties like 110 Jennifer Ct selling at full price, it’s clear that buyers are eager to purchase. It might be a good time to connect with homeowners who are considering selling—it could be a win-win for both sellers and buyers right now. Call me if you have a home to sell in this area and we can get together and make it happen for you! 845-590-5488 Tom Santore  More than half a century in the business
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Why isn’t my home selling?There could be several reasons why your home isn't selling, especially in a market like Yorktown or Cortlandt Manor where buyers are active. Here are some factors to consider: Pricing: If your home is priced too high compared to similar properties, it may deter potential buyers. Pricing is crucial, especially in a competitive market. Condition and Presentation: Homes that need repairs or aren't staged well can struggle to attract buyers. First impressions matter, so ensuring your home is in great condition is important. Marketing Strategy: If your home isn’t getting enough exposure, it might not be reaching the right audience. Ensure that your realtor is using a comprehensive marketing plan, including online listings, social media, and open houses. Market Condi...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Preparing the FRONT of your home for sale (clean windows, doors, lights, etc.)Preparing the front of your home for sale is crucial because it creates the all-important first impression. Here’s a checklist to ensure the exterior of your home is appealing:1. Clean and Repair Windows Wash Windows: Clean all exterior windows to make them sparkle. This includes removing any dirt, streaks, or smudges. Fix Any Issues: Repair or replace any broken or damaged windowpanes, screens, or frames. 2. Refresh the Front Door Clean the Door: Wipe down the front door to remove dirt, dust, and grime. Repaint or Stain: Consider painting or staining the door if it looks worn. Choose a color that complements the house and adds curb appeal. Update Hardware: Replace outdated or tarnished hardware like doorknobs...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
What Absolutely NOT to do when selling your home!!When selling your home, there are several key things to avoid to ensure a smooth and successful sale: Overpricing the Home: Setting an unrealistic price can turn away potential buyers and cause your home to sit on the market for too long, which can make it look undesirable. Neglecting Repairs and Maintenance: Ignoring necessary repairs or leaving the home in poor condition can deter buyers. Make sure everything is in good working order and consider making updates that could increase the home's value. Poor Staging: A cluttered, personalized, or poorly staged home can make it difficult for buyers to imagine themselves living there. Clear out personal items, declutter, and stage the home to highlight its best features. Inadequate Photos: Mo...
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