Ask Rey About Real Estate

Total existing home sales rise by 4.5% in June 2012 over last year, while prices rise 7.9% from a year ago to $189,400. This marks four back-to-back monthly price increases from a year earlier, which last occurred in 2006. Lawrence YUN, NAR chief economist noted  the more important story of decreasing inventory and prices, ...

Jimmy McMillan, candidate for New York State Governor, started his own political party called the Rent 2 DAMN High Party. His whole platform is to fix the state economy by lowering rents for families in the state. It's been reported that he pays zero rent in New York City for the past ten years. So how are rents in Westchester? Are Westchester ...

HousesClosings were up 77% to 756 closings for single family homes in Westchester County in the first quarter of 2010. Prices were also up 13% respectively for the same period in the county, making the median price for a new house $599,500. These closings reflect activity that occurred the Fall of 2009. Realtors remain optimistic that a ...

HousesClosings were down 12% to 3,358 closings for single family homes in Westchester County in 2009. Prices were down 11% respectively for the same period in the county, making the median price for a new house $580,000, just above prices in 2003. Normally a dismal reporting period, but with an up-beat tone, since each quarter saw progressive ...

Westchester County NY reported a 9.7% decrease from last year’s 3rd quarter home sales transactions. The median sale price of a single family house in Westchester was $630,000, a decrease of $80,000 or nearly 11% from last year. This would be horrible news if it weren’t for the abysmal performance of the market in the first two ...