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.
______________________________________________________________________________
Subscribe to J. Philip's Real Estate Blog by Email
In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono
- We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
- J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service.
- I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
- Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent.
- I am hiring agents. We offer outstanding support, marketing resources, and pasta.
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.
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.
Congrats on the offers. It is busy and 2010 is going to be a great year...
Congratulations J...Happy Christmas to you and your family.
john
Congratulations. Didn't Bob and Laura Petrie ( or was it Petry...???) live in New Rochelle? Dick Van Dyke Show....
Merry Christmas...
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...
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.
You telling me that you are better than Jets and Giants bringing the family together? :) haha Happy Holidays to you and your lovely family!