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Westchester real estate in uncharted territory 

CBS New York
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17 окт 2024

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Комментарии : 86   
@reeferforall3120
@reeferforall3120 2 месяца назад
It's unsustainable. It's on paper.
@lorirogers9304
@lorirogers9304 2 месяца назад
That realtor’s so excited she’s shitting her pants
@samanthab1923
@samanthab1923 2 месяца назад
I was born in Yonkers many moons ago. Like all my mom’s family. We moved to NJ when it came time to buy a house because of price. That was over 50 years ago. It’s a shame. At this point none of my generation live in Yonkers, a few are up in Yorktown Hts. area.
@mariofilippi3539
@mariofilippi3539 2 месяца назад
We left Westchester in 1981 because we knew we'd never be able to afford a home. We moved to PA and bought our first home for 43K. 40+ years later we have traded up a few homes and live in NJ and are very happy. Thanks for the video.
@wileecoyote5749
@wileecoyote5749 2 месяца назад
The taxes are 30K+ as well
@CoolHand273
@CoolHand273 2 месяца назад
yes that is worse than the purchase price.
@samanthab1923
@samanthab1923 2 месяца назад
One of the highest in the country.
@7_of_9
@7_of_9 2 месяца назад
Shh don't tell the buyer, the realtor might hear you
@sdonohue1099
@sdonohue1099 2 месяца назад
This is just for a small section of weschester county... the average medium sales price of weschester county is 700k .. fake newsss
@paulkurilecz4209
@paulkurilecz4209 2 месяца назад
This is one of the things that happens when you increase the M1 from $4 trillion to $16+ trillion in about three years.
@terryankevmiller470
@terryankevmiller470 2 месяца назад
This is ridiculous
@vic8189
@vic8189 2 месяца назад
Lots of money moving from Manhattan that want to be somewhat close.
@MichaelChengSanJose
@MichaelChengSanJose 2 месяца назад
Funny to hear people freak out over a mere million bucks for a basic house. Try $2-4M for a median home.
@cynymin6420
@cynymin6420 2 месяца назад
I just want to know who are all these people that magically appeared who can afford a 10k a month mortgage payment???
@pkal244
@pkal244 2 месяца назад
It was all the high earning city residents that moved to the burbs during the pandemic, and still seek to do so after getting kids.
@DovZeev
@DovZeev 2 месяца назад
This market has to falter
@CaraMarie13
@CaraMarie13 2 месяца назад
That realtor is about to fly through the roof. Low supply, high demand can only mean she's about to get paid. Listen, get that cash but you know, f you.
@krillin876
@krillin876 2 месяца назад
Logic would dictate that you're right but it doesn't work out that way. Since there's low inventory there are more brokers who are willing to take a lower percentage Commission. In addition to that since there is low inventory that means there's low sales volume not many homes being sold so not many commissions to make
@bakerstreet101
@bakerstreet101 2 месяца назад
The people buying today are either much wealthier than prior buyers for the same price bracket, or going to be house poor. At inflated prices, the property taxes, insurance, etc... will also be much higher. In Westchester, property taxes are 2-3%, or $20,000 - $30,000/year per $1M.
@Gio-vf1zf
@Gio-vf1zf 2 месяца назад
You’re paying for peace of mind up here and the great schools. Clean air clean streets nice pleasant people. Away from the inner city chaos.
@fizzyfee12
@fizzyfee12 2 месяца назад
LMAO this comment is so tone deaf
@Strigon07
@Strigon07 2 месяца назад
@@fizzyfee12so wild especially some communities are a stone throw away from the BX 🤣
@jz4461
@jz4461 2 месяца назад
You sound like a paranoid person, not a pleasant one
@fizzyfee12
@fizzyfee12 2 месяца назад
@@jz4461 relax Karen
@Gio-vf1zf
@Gio-vf1zf 2 месяца назад
All you haters continue to cook your BBQ's on the sidewalks in the mists of weed and loud speech impetiment Bad Bunny Songs
@danielterry382
@danielterry382 2 месяца назад
Inflation is a good and bad thing, can not expect record real estate values, and ground beef at 99 cents a pound , or a new car for $10,000 , does not work that way !
@WhiteArrow76
@WhiteArrow76 2 месяца назад
It's going to take time to rebuild the housing supply. Don't know why so many people can't understand that. Last year the housing stock grew by 1.4 million single family homes and 440,000 apartments, roughly 30%-40% was classified as affordable housing. But some communities like Westchester are hesitant to ease zoning and building because they fear losing community character.
@TravelTechie415
@TravelTechie415 2 месяца назад
It's turning to California
@bronxtours4193
@bronxtours4193 2 месяца назад
You can keep that
@stavroslask1292
@stavroslask1292 2 месяца назад
In manhasset Long Island where I live the average home is 1.4 million.
@pkal244
@pkal244 2 месяца назад
There are less than 8 thousand people in Manhasset. WC has 990,000+ people. You're comparing a town to an entire county. The average home price in Rye is $2.1M and has double the population of Manhasset.
@kimberlyfamoly5863
@kimberlyfamoly5863 2 месяца назад
Real estate agents make all the money and regular people can’t afford to purchase where they work.
@ZenithE8
@ZenithE8 23 дня назад
Honking when people are sleeping is Not OK. Please lock your vehicle quietly for peace in our communities. LIGHT FLASH O N L Y CONFIRMS YOUR VEHICLE I S LOCKED AND ARMED. Please break the HONK habit. Thank you.
@whyamiheredlb
@whyamiheredlb 2 месяца назад
These houses are not even worth 1 million. Even the damn shacks in California are not worth it.
@skehleben7699
@skehleben7699 2 месяца назад
Its the lots the homes are built on.
@Strigon07
@Strigon07 2 месяца назад
Sad. Well time to look for Albany.
@jewelthompson4210
@jewelthompson4210 2 месяца назад
Well, that's very far from the city.
@Ambientambiencechannel
@Ambientambiencechannel 2 месяца назад
This will contribute to America’s growing mansionless population.
@skehleben7699
@skehleben7699 2 месяца назад
😂😃😃
@blizz730ny
@blizz730ny 2 месяца назад
Good luck buying these old dumps for these prices unbelievable
@7_of_9
@7_of_9 2 месяца назад
Demand is high, supply is low - EVERY SALES PERSON WORKING ON COMMISSION 😂😅😅😂 DEMAND ISN'T HIGH AND SUPPLY IS SUPER HIGH - I HAVE HAD MY WESTCHESTER HOME FOR SALE FOR OVER A YEAR AND CAN'T FIND A SUCKER WHO WILL OVERPAID 😂😅😂😅
@sunkiis
@sunkiis 2 месяца назад
I WOULD BUY IT ❤
@irishsoprano3485
@irishsoprano3485 2 месяца назад
I can not wait for the market to crash in November 😂 that 1M house going to be 600k
@inman586
@inman586 2 месяца назад
Hey there! Just wanted to remind you that it's never too late to start taking your investment journey seriously. I remember struggling for years before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.
@thomasschlund
@thomasschlund 2 месяца назад
I'm an advocate for having a diverse investment strategy. I grew to a 7 figure mark with my portfolio having exposure to different areas of the market, including small and large-caps of the ETF index, blue chip stocks, coins, grade bonds and alternatives like cryptocurrency markets, as this helps manage the overall risk on my portfolio managed by my FA.. Credits to my adviser, Alice, i have no doubt investing more
@gadopilo
@gadopilo 2 месяца назад
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading last year regardless of the market conditions
@lazyas8016
@lazyas8016 2 месяца назад
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
@KurtKelsey
@KurtKelsey 2 месяца назад
Financial education is the key to unlock the door to wealth and a growth mindset is the golden ticket.
@tempmaile1151
@tempmaile1151 2 месяца назад
Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try
@Glowsaphinebaker
@Glowsaphinebaker 2 месяца назад
If you think I’m spending a million dollars on that piece of crap you have to be insane. I’m going to sell this year and buy a house in France for 1/3 the price. This country no longer is sustainable.
@starventure
@starventure 2 месяца назад
When you say France, do you mean outside of Paris? Perhaps south by Dijon or Bordeaux? Because Paris has become just as unaffordable, $1.0M is nothing there. The same goes for London.
@Mateo-hr4to
@Mateo-hr4to 2 месяца назад
Nobody buying
@ZenithE8
@ZenithE8 23 дня назад
Light Flash ONLY Confirms Your Car IS LOCKED AND ARMED. No Honk Is Needed. Please Lock Your Vehicle Quietly for Sleep and Peace in Our Communities Remote Honk Lock Can Be Turned Off on All Vehicles. Thank You
@NoPrivateProperty
@NoPrivateProperty 2 месяца назад
capitalism. no participation trophies snowflakes
@marcelrodriguez2067
@marcelrodriguez2067 2 месяца назад
I live in the south bronx and my 3 family home is already worth over 1 million too 😂
@strawberriebabieex3
@strawberriebabieex3 2 месяца назад
one bit of good news.
@throwuout87
@throwuout87 2 месяца назад
Democrats policies work amazing
@pkal244
@pkal244 2 месяца назад
This has more to do with NIMBYs than politics. If anything Dems want more affordable housing and changes to zoning rules.
@ZenithE8
@ZenithE8 23 дня назад
Honking when people are sleeping is Not OK. Please lock your vehicle quietly for peace in our communities. LIGHT FLASH O N L Y CONFIRMS YOUR VEHICLE I S LOCKED AND ARMED. Please break the HONK habit. Thank you.
@ZenithE8
@ZenithE8 23 дня назад
Light Flash ONLY Confirms Your Car IS LOCKED AND ARMED. No Honk Is Needed. Please Lock Your Vehicle Quietly for Sleep and Peace in Our Communities Remote Honk Lock Can Be Turned Off on All Vehicles. Thank You
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