Tuesday, November 29, 2022
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Westchester’s residential market: Decline in inventory, but no slowdown in demand

"Prices are continuing to go up, which eventually will slow down the demand when an apartment becomes out of price for a potential buyer," said Rich Ferrari, president and CEO of brokerage for New York and the Northeast Region at Douglas Elliman. "But right now we're not there yet. It's a very healthy, strong market.”

Euphoria in real estate market reported at HGAR event

"I would say to every broker, attorney, buyer and seller, 'If you want to do something, now is the time',” said Bruce Cohen of New York City law firm Cohen and Frankel.