Who Bought Real Estate in 2009?

NAR has recently released the 2009 Profile of Home Buyers and Sellers. The report compiles the results of 9,138 surveys returned by buyers and sellers who sold or purchased a home between July 2008 and June 2009. The surveys were sent to buyers and sellers based on deed transfers and other public records. The complete … Continue reading Who Bought Real Estate in 2009?

Mid Century Modern in Armonk, New York

Wikipedia defines Mid Century Modern as “An architectural, interior and product design form that generally describes mid-20th century developments in modern design, architecture, and urban development from roughly 1933 to 1965. The term was coined in 1983 by Cara Greenberg for the title of her ground-breaking book, _Mid-Century Modern: Furniture of the 1950s_ (Random House), … Continue reading Mid Century Modern in Armonk, New York

Luxury Homes Sales in 2009 in Westchester County

Anthony Cutugno, the lead specialist of luxury properties at Houlihan Lawrence globally writes in the Houlihan Lawrence Blog and noted the following sales statistics in Westchester County.   “There’s no denying that 2009 has been a challenging year in real estate especially for luxury properties. Many luxury properties – defined as properties selling for $2.5Million or … Continue reading Luxury Homes Sales in 2009 in Westchester County

Are short sales and foreclosed properties in Armonk such a good deal?

Short sales and foreclosed properties can range in value from poor quality to luxury.  What all these properties have in common is that the money owed on them  is more that the fair market value. Buyers assume that these distressed properties are the best to buy because you can get them at rock bottom prices.  … Continue reading Are short sales and foreclosed properties in Armonk such a good deal?