Westchester County NY Real Estate Blog

Sellers Getting Ahead of Spring Rush

The spring selling rush may already be under way, as some home owners are already throwing their properties on the market to take advantage of rebounding home prices and improved equity.

Paul Reid, a real estate agent with Redfin in Temecula, Calif., says some sellers are listing properties earlier than usual in anticipation of the spring season.

Sellers are “nervous about what the spring is going to bring,” says Reid. “They don’t know if everybody will list this spring — then you’ll have a big counterbalance toward too much inventory — or if there’ll be a crunch again. They figure they’ll get out ahead of the market, list, sell, and be done with it.”

Inventory shortages persisted last year,…

Demand for Residential Rental Properties Still Strong

With potential home owners finding it tough to buy their first home, there is still strong demand for rental units, judging by rental price trends. REALTORS® reported rents that are higher compared to a year ago.

Rising rents add an additional incentive for homeownership. Homeownership provides families with enhanced lifestyles—and a chance to cap major parts of their living costs.

From National Association of REALTORS®

By: Jed Smith
Published: November 12, 2013

Egging, Toilet Papering: How to Clean Up After Halloween Pranks

Halloween cleanup can be the scariest thing about the holiday. Here’s a tip sheet on how to remove eggs, toilet paper, wax, and other messes that go bump in the night.

But when the fun is over, the cleanup begins. Here are some tips from the American Cleaning Institute and others on removing the Halloween mayhem that little tricksters leave behind.

Egg Splatters on Your House

Time is your enemy when your house has been egged, because sunbaked yolks can stain your siding. Also, micro-shards of shell can become embedded in paint or act as an abrasive when you clean off the gunk.

Instead of scrubbing, spray away the egg with your garden hose. But don’t aim the hose…

What a Government Shutdown Means for REALTORS®,
Federal Housing and Mortgage Programs

Congress has failed to approve a Continuing Resolution (CR) providing funding for most government operations. Therefore, spending authority for most of the government expired at midnight on September 30, 2013. Until legislation providing for funding is signed into law, many offices and programs of the federal government are now shut down. This means many, but not all, government programs, including some that impact federal housing and mortgage programs, have been suspended or slowed due to the lapse in government funding. The Office of Management and Budget (OMB) requires each agency to have contingency plans in place. The information below is based on…

Just Sold by Kathy Paolucci in Scarsdale PO / Eastchester

Eastchester - Kathy Paolucci closed on 152 Woodruff Avenue in Scarsdale yesterday. She represented the seller the transaction:

152 Woodruff Avenue, Scarsdale PO

Sold for a $4,000 above asking within one week of list date!

Asking: $659,000  /  Sold for $663,000

Closed in just 77 days!

  For more information or to schedule a complimentary market analysis, please contact:

Kathy Paolucci
(914) 202-1126
kpaolucci@ragette.com
www.Ragette.com

Don't Let Time Run Out!

The Mortgage Forgiveness Debt Relief Act was passed by Congress in 2007 in an attempt to provide some relief for the millions of homeowners who found themselves owing more on their mortgage than the property was worth as a result of the collapse of the housing and finance industries. This report was created to give homeowners the most accurate information about the Mortgage Forgiveness Debt Relief Act, which has helped many distressed homeowners find options that were previously unavailable.

The act, which was always intended to be a temporary solution, is now set to expire at the end of 2013. Time is running out. But there is still time to change your financial direction and avoid foreclosure. Reading this report…

Been Thinking About Selling Your Home?

If you’ve been thinking of selling your home, but don’t believe it is worth enough to cover what you owe, you might be pleasantly surprised. The reason? Prices have gone up significantly during the last year!

This simple fact has helped a market that only about one year ago was still bouncing off the bottom, begin the slow, but steady process of recovery. As a result, people are buying homes again.

I have a report that explains in detail why prices have gone up and why your home might be worth more than you think! The report is entitled “The Great Housing Rush,” and I believe you’ll be surprised by when you download and read the report. Once you are done, contact me today for a free market…

Just Sold by Margaret Colavita in Eastchester

Eastchester - Margaret Colavita closed on two home sales yesterday. She represented the sellers in each transaction:

35 Locust Avenue, Scarsdale

In 7 days we generated 47 total showings resulting in 13 written offers to purchase. Sold for a 105% above asking!

Sold for $560,000

22 Hunter Drive, Lake Isle Estates, Eastchester

Listed and Closed within 100 days.  Margaret continues to successfully sell homes in her Lake Isle Estates community.

Sold for $1,070,000

For more information or to schedule a complimentary market analysis, please contact:

Margaret Colavita
(914) 202-1113
mcolavita@ragette.com
www.Ragette.com

5 Ways to Beat Foreclosure!

In the news, there is talk of a housing recovery. Experts feel more optimistic about the state of housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, the feeling of helplessness can be overwhelming and frustrating.

Many people don’t realize that just because they are in danger of losing their home to foreclosure doesn’t mean they have to wait around for it to happen. With help, they can take matters into their own hands.

YOU HAVE OPTIONS!

As a Certified Distressed Property Expert (CDPE), I make it my business to know all of the ins-and-outs of the options available for people who are…

Certified Distressed Property Expert®
"Solving the foreclosure crisis one homeowner at a time.™

Ralph Ragetté Jr Earns Real Estate, Short Sale Designation to Help Homeowners in Danger of Foreclosure

Eastchester, NY – July 26, 2013 – Ralph Ragetté Jr of Ragetté Real Estate in Eastchester has earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by Ragetté will help benefit Westchester area residents and communities.

Short sales allow the distressed homeowner to repay the mortgage at…