J. Philip's Westchester Real Estate Blog: Banner Day

Commentary from J. Philip Faranda, REALTOR, top-producing independent Broker-Owner in Briarcliff Manor, Westchester County, NY. I serve the Hudson Valley, including Westchester, Putnam, Rockland, & Dutchess Counties. I had the privilege of closing 100 clients & customers in 2007-2008.

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I had two accepted offers today, one on a listing I am selling and another for a buyer I am representing. Here's a coincidence: They are on the same street in New Rochelle, less than a mile apart. They are completely unrelated deals. 

Another offer was presented on behalf of my buyer but we havn't had a response yet. Two accepted offers and the possibility of a 3rd in one day doesn't make me a great agent. But it does speak to the fact that people are no longer sitting on their hands. 

Word is out that now is the time to buy. Rates are fantastic, sellers are motivated, and prices are way down. The holidays are apparently not a deterrent to the pool of active buyers out there. Of course, Sundays get more husbands out with their wives when the Giants and Jets stink. 

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8 commentsJ Philip Faranda • December 22 2009 10:35PM

Comments

This is great news and I think we are starting see many pockets of promise that the market is stabalizing.  We will see what happens in the next couple of months.

Posted by Joan Whitebook, ABR,e-Pro,CEBA Southern New Hampshire (Buyer's Option Realty Services) 7 months ago

Word is out that now is the time to buy. Rates are fantastic, sellers are motivated, and prices are way down. The holidays are apparently not a deterrent to the pool of active buyers out there.

You're right!  Several of my clients have reported the same thing.  In fact, one of them expects a record month in December.

Posted by Bruce Brockmeier - Coached By Crouch (Internet Marketing Consultant to REALTORS®) 7 months ago

Congrats on the offers. It is busy and 2010 is going to be a great year...

Posted by Pat O'Reilly (RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth) 7 months ago

Congratulations J...Happy Christmas to you and your family.

john

Posted by John Thomas -- EcoBroker, MSEE, MBA (E3 Green HOMES) 7 months ago

Congratulations.  Didn't Bob and Laura Petrie ( or was it Petry...???)  live in New Rochelle? Dick Van Dyke Show....

Merry Christmas... 

Posted by Maureen McCabe Columbus (Real Living HER ) 7 months ago

Maureen- They sure did! Remember the big rock in the basement of the house they saw? One wonders where Rose Marie and Maury Amsterdam called home...

Posted by J. Philip Faranda (J. Philip LLC) Westchester County NY 7 months ago

           Felix Unger & his wife Gloria from the Odd Couple also lived in New Rochelle, until his wife asked him to leave. You all know how that ends up. He went to live with his Childhood friend Oscar Madison whose wife had just thrown him out....  Felix & Oscar should have gone to United Northen Mortgage Bankers / RealloanApprovals.com to get approved for a mortgage within 24 Hours to buy a home rather then renting!!!!

Merry Xmas & Happy New Year to all.

Posted by United Northern Mortgage Bankers 7 months ago

You telling me that you are better than Jets and Giants bringing the family together? :) haha Happy Holidays to you and your lovely family!

Posted by Eileen Hsu (許小姐) Manhattan NY Real Estate (Prudential Douglas Elliman) 7 months ago

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