Twenty five single family homes have sold in Rye in the past six months for an average price of $1,517,768, compared to fifty two homes sold during the same time period last year for an average price of $1,884,163, so we are definitely seeing some adjustments, yet activity has picked up in every price range. The [...]
Archive for May, 2009
Rye Real Estate May 2009 Update – Rye House Tour 2009
Wednesday, May 13th, 2009New Yorkers Miss Out on Refinancing Spree…
Friday, May 1st, 2009There was a great article in this weekend’s N.Y. Times Real Estate Edition, titled, “New Yorkers Miss Refinancing Spree”. I found this out firsthand attempting to refinance myself and polling local friends and neighbors who abandoned the process as I did. Why? The lowest rates are for mortgages up to $417,000, generally low for [...]