Houlihan Lawrence has just released their comprehensive 2nd Quarter 2012 Real Estate Market Report for New York’s Westchester, Putnam and Dutchess counties. Houlihan Lawrence’s Market Report offers a more detailed look at our market than other area brokers. Our report features a Supply/Demand analysis of our local market that is unique to Houlihan Lawrence.
Stephen Meyers, President and CEO of Houlihan Lawrence, and COO Chris Meyers give us a recap of the local real estate market. Here is highlight from their commentary:
The national media is finally catching on to what we first reported in our Q4-2011 Market Report six months ago – that the housing market has bottomed and we are in the early stages of what could become the next bull market. The market indicators we track are tracing a pattern that has typically marked the bottom of previous housing cycles. Transaction volume is increasing at double-digit rates across most market areas, with lower-end price levels still leading the way. Prices have stabilized at 2003/2004 levels, and we continue to see strong demand across most market areas and price ranges.
To download your copy of our report click on the cover below: