Westchester home buyers face stiff competition come spring, brokers say

Brokers believe the market has swung to favor sellers, meaning that the usually busy spring season will bring be tough for prospective home buyers, LoHud reported. Low inventory and rising mortgage rates may make things tough for first-time buyers and it’ll also be a kind of catch-22 for sellers who’ll have to quickly find new lodgings once they do make their sale, brokers said. [LoHud]