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(English) House Prices: The Impact of Supply and Demand

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1 comentario
  1. Cathy DeVore
    Cathy DeVore Dice:

    Westchester County’s market has pockets of very tight supply and houses that are priced to the current market are seeing multiple offers in areas such as Larchmont, Bronxville & Rye. All 3 towns have very little open land and were insulated from the over-buildling of spec houses that burdens many communities. Many of my clients who have postponed buying the past several years are now worried they may face stiff competition in the spring. We are seeing buyers attempt to buy now to avoid the spring markets mix of higher interest rates and more buyers competing.

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