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Archive for the ‘Savvy Buyers’ Category

EXECUTIVE SUMMARY (Excerpt) by Stephen Meyers (CEO) and Chris Meyers (President)

The real estate market in Westchester, Putnam and Dutchess counties remains polarized depending on price point, but the third quarter brought some welcome life into a previously quiet 2019. The first two quarters of the year were anything but frothy, but once buyers were able to put the new tax laws into clear perspective the market turned on quite predictably. The tax reform, however, was not the only factor that kept many buyers on the sidelines. Perception of value remained critical in order for buyers to take action. With a surplus of data readily available to consumers, both online presentation and price must be flawlessly aligned in order to stand out from the competition. In many of our markets, primarily where there are higher price points and growing inventory, sellers needed to adjust downward before the buyers took action. Where the sellers did adjust, Westchester County sales rebounded. Most notably the Sound Shore and parts of Northern Westchester experienced double digit increases over last year. In Westchester, there was an average increase in home sales of 0.6% in the third quarter this year as compared to Q3 2018 and the median sale price increased 3.0%. In the entry level price points multiple bid situations were still prevalent where inventory was low.

Although the market activity started later this year than we’re accustomed, it extended throughout the summer, a traditionally quieter time. August, in fact, was our busiest month in 2019 for closings and the activity has continued throughout September. As we approach an election year, which adds uncertainty to an already fragmented market, you can count on Houlihan Lawrence for proprietary market intelligence to guide your decision making.

To see the full summary and report CLICK HERE.

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SUNDAY, OCTOBER 6TH
2:00-4:00PM

66 Elmwood Avenue | Rye | $1,239,000 | 4 Bdrms | 2.0 Bths
50 Walker Avenue | Rye | $1,895,000 | 5 Bedrms | 3.1 Bths

After stopping by our amazing open houses use the Waze App to preview hundreds of other homes for sale as part of the Houlihan Lawrence Open House Event this weekend.

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50 WALKER AVENUE
$1,895,000 | 5 Bedrooms | 3.1 Baths | 2,583 Sq Ft | .14 Acres

Recently completed and thoughtfully designed Colonial for today’s lifestyle by SAC Development and Alpine Construction. Inviting front porch opens to paneled foyer with coat closet and powder room, formal living room and dining room and large family room anchored by gas fireplace. Gourmet kitchen featuring island and enviable breakfast room with doors to stone patio. Second floor living space offers master suite featuring large bedroom with walk-in closet and luxurious bath with soaking tub and dual vanity, three bedrooms, full hall bath with dual vanity and convenient laundry. Finished lower level complete with recreation room, bedroom, full bath, mudroom with bench and access to attached one-car garage. Home is sited on .14 acres in walking distance to Rye Golf Club and Osborn Elementary School.

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27 HARBOR TERRACE DRIVE
Rye, New York

$1,995,000| 5 Bedrooms | 3.1 Baths | 4,693 Square Feet

A private waterfront retreat in an extremely desirable Rye location. Nestled high up on the bank of an inland waterway, this unique setting offers water access and beautiful scenic views. Spend your days kayaking the Long Island Sound or just to Milton Elementary school, paddle boarding and fishing off your private dock. Take in the spectacular sunrises and enjoy bird watching from deck, patio and the private master balcony. Living in the sought-after Hix Park neighborhood will give you the rare opportunity to walk to beach, restaurants, parks, award-winning schools and private clubs. The completely renovated and sun-filled home offers kitchen with breakfast area and family room both with water views. Five bedrooms, including the master suite with walk-in closet and sitting room, finished basement with second family room, laundry room, access to two-car attached garage and sliding doors to patio, yard and dock.

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SUNDAY, SEPTEMBER 22ND
2:00-4:00PM

1 LODER STREET
$1,995,000 | 5 Bdrms | 3.1 Bths | 3,896 Sq Ft | .40 Acres
Recently Reduced

SUNDAY, SEPTEMBER 22ND
1:00-3:00PM

15 JOHNSON PLACE
$2,095,000 | 5 Bdrms | 3.1 Bths | 4,532 Sq Ft | .52 Acres
Recently Reduced
56 LYNDEN STREET
$1,795,000 | 6 Bdrms | 3.2 Bths | 3,448 Sq Ft | .72 Acres
50 WALKER AVENUE
$1,895,000 | 5 Bdrms | 3.1 Bths | 2,583 Sq Ft | .14 Acres
Recently Completed – Photos Available Shortly

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12 DOGWOOD LANE
Rye, New York

$6,395,000| 6 Bedrooms | 6.2 Baths | 7,542 Square Feet

Set back from the road and surrounded in privacy, this turnkey Rye Colonial is the perfect combination of today’s elegance and style with sun-lit spaces designed for family-style living.  With a well thought, beautifully executed top-to-bottom renovation by noted builder Susie Cappelli, the paneled front entry opens to a dramatic front to back living room with sconce accented fireplace, wall of recessed custom cabinetry with wet bar; and an inviting, well-proportioned dining room.  A study has a coffered ceiling, custom cabinetry and wall of glass with French doors opening to the lawn. A spacious family room with beamed ceiling, fireplace; and bespoke designer kitchen with quartzite counters, center island and large breakfast area both feature walls of glass with sets of French doors opening to a broad slate terrace.  Overlooking the large level lawn, they invite any style of recreation and entertaining.  An adjacent contemporary tiled mudroom has an office, storage closets, garden and garage entries. Upstairs, the sun-filled, open floor plan has plenty of room for family and guests. The master suite features a white marble filed bath with dual vanity, soaking tub, glass enclosed shower, water closet and dual custom-appointed dressing closets. The spacious, easy-flow floor finishes with an additional five bedroom (3 ensuite), an office and laundry room. The lower level as a recreational/play room with fireplace, drink station, a full bath and walk-up exit. A custom-designed wine cellar with bin lighting and gym add to the amenities. Three minutes to Rye train station and walking distance to every convenience.

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SUNDAY, SEPTEMBER 8TH
2:00-4:00PM

50 LINDBERGH AVENUE
$1,625,000 | 4 Bdrms | 2.1 Bths | 2,645 Sq Ft | .17 Acres
1 LODER STREET
$1,995,000 | 5 Bdrms | 3.1 Bths | 3,896 Sq Ft | .40 Acres
Recently Reduced
66 ELMWOOD AVENUE
$1,239,000 | 4 Bdrms | 2.0 Bths | 1,958 Sq Ft | .13 Acres

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