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        <title>Westchester County NY Real Estate Blog</title>
        <link>https://www.ragette.com/blog/tags/statistics/</link>
        <description>Westchester County NY Real Estate Blog featuring Westchester Real Estate News, Market Trends, Community Information, and more. #blog-headings#</description>
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    <guid>https://www.ragette.com/blog/westchesters-highest-and-lowest-home-sales.html</guid>
    <link>https://www.ragette.com/blog/westchesters-highest-and-lowest-home-sales.html</link>
        <author>ralph@ragette.com (Ralph Ragette Jr)</author>
        <title>Westchester’s Highest and Lowest Home Sales</title>
    <description> <![CDATA[ 




Westchester’s Highest and Lowest Home Sales











In next week’s newsletter, I’ll be diving into the year-end statistics, but for now, above is a sneak peek at Westchester County’s highest and lowest sales of 2024.





Search Last Year’s Sold Listing Data Here






 ]]> </description>
    <pubDate>Tue, 07 Jan 2025 08:07:00 -0500</pubDate>
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    <guid>https://www.ragette.com/blog/octobers-34-growth-breaks-three-year-sales-slump.html</guid>
    <link>https://www.ragette.com/blog/octobers-34-growth-breaks-three-year-sales-slump.html</link>
        <author>ralph@ragette.com (Ralph Ragette Jr)</author>
        <title>October's 3.4 Growth Breaks Three-Year Sales Slump</title>
    <description> <![CDATA[ 


October's 3.4 Growth Breaks Three-Year Sales Slump









In October, existing-home sales in the U.S. increased by 3.4 from the previous month, reaching a seasonally adjusted annual rate of 3.96 million. This marks a 2.9 rise compared to October 2023 — the first annual gain since July 2021. The National Association of Realtors (NAR) attributes this uptick to growing inventory and sustained economic growth, suggesting a potential end to the downturn in home sales. Additionally:










Regional Growth: All U.S. regions saw sales increases.






Inventory Levels: Higher sales are linked to increased housing inventory.






Economic Factors: Job growth and economic stability drive housing demand.






Mortgage Rates: High rates challenge buyers but may stabilize soon.










Ralph’s Take






Optimism is growing that the housing market downturn may be easing, but challenges like high mortgage rates and limited inventory still affect affordability and buyer activity. While recent data is promising, recovery depends on economic growth and improved affordability. It's important to note that Westchester County's home inventory grew at a slower pace than the national average this year.







 ]]> </description>
    <pubDate>Tue, 03 Dec 2024 10:48:00 -0500</pubDate>
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