Posts tagged as:

Sales Data

What if real estate agents got paid at the client’s discretion…

May 24, 2010 by Jaime Tineo

I read this article last about how Panera Bread is piloting a “pay what you want store” in St. Louis and it got me thinking.  Since there’s no established fee or percent for what a real estate agent can and can’t charge for his or her services, would this type of model work in the [...]

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What does it mean when a home seller drops their price?

March 19, 2010 by Jaime Tineo

I have this conversation at least once a week with a client or potential client.  A drop in the price of the home can mean a number of things.  If you’re super analytical, like me, you’ll undoubtedly try to dissect the situation every which way possible as to why the seller lowered the price; desperate [...]

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How’s the Westchester Real Estate Market? (to January 2010)

February 22, 2010 by Jaime Tineo

As a real estate agent I get asked this questions a number of times a week.  I could answer that question in a number of ways.  I could say the market is down, compared to 2 years ago.  I could also reply with the market is up compared to last year.  The number of days [...]

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Westchester Real Estate Quarterly Numbers

October 28, 2009 by Jaime Tineo

The bad news is that number of sales are down by 24% in Westchester County in the last 9 months compared to the first 9 months of 2008.  The good news is that sales have actually increased from last quarter by approximately 35%.   Although this is positive news for the local real estate market, I [...]

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Westchester County is #1 in the Nation…in property taxes

October 1, 2009 by Jaime Tineo

Once again Westchester County has once again gained the dubious distinction of being the county with the highest property taxes ($8,890) in the country for the second year in a row, according to the Census Bureau.  I’m not sure that’s the recognition the county was actually going after.  What I want to know is why?  [...]

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Information sources used by home buyers in their search

August 10, 2009 by Jaime Tineo

When marketing anything it is important to know where the consumers are shopping.  Open houses has been the traditional form of marketing homes in the real estate industry, however with information being so readily available to consumers via the web or television, the focus of marketing in real estate has shifted, drastically.
According the 2008 Profile [...]

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How far are home buyers moving?

August 4, 2009 by Jaime Tineo

Note to home sellers: there’s a high probability that the buyer for your home currently resides within a 12 mile radius of your current address.  According to the National Association of Realtor’s 2008 Profile of Home Buyer and Sellers, home buyers moved a median of 12 miles (national average) from their previous residence.   Extra note [...]

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How far are you likely to move?

August 4, 2009 by Jaime Tineo

According to the 2008 Profile of Home Buyers and Sellers realeased by the National Association of Realtors (NAR), there’s a direct relationship between age and the distance sellers move to their new home.  Apparently, NAR finds that younger people don’t like to move too far away from their last home.

Sellers 44 years old or younger [...]

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2009 Second Quarter Sales Data for Westchester County & Putnam County

July 29, 2009 by Jaime Tineo

As expected, home sales are down again in the second quarter of 2009 in Westchester County compared to same quarter last year–aproximately 31%. However, second quarter sales were up to 1227 from the first quarter’s dismal total of 850 total units sold. We would like this trend to continue for a couple of quarters in [...]

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DYK: Did you ever wonder how many homes sell every year nationally and in Westchester County?

June 12, 2009 by Jaime Tineo

Did you ever wonder how many homes sell every year in the united states?  Well, I do, especially in Westchester.

 Year
US

Supply (mon)

              Westchester 

   Supply (mon)

 2006
      6,478,000     
 6.5  
 9,167
   7.5

 2007
      5,652,000
 8.9
 9,022
   6.2

 2008
      4,913,000
 10.5
 6,339
   10.2

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