Why Westchester homes are getting battered by “dramatic price reductions”

UPDATED, Aug. 7, 12:37 p.m.: Westchester residents, many trying to avoid the hefty tax bill that 2018 promises, are finding themselves in an unforgiving buyers’ market. In Scarsdale alone, prices dipped 5 percent in the first six months of 2018, while Mamaroneck saw a 13 percent drop, according to Bloomberg. The number of homes selling in the county fell 18 percent in the second quarter of 2018, with those asking between $1.5 million to $3 million … Continue reading Why Westchester homes are getting battered by “dramatic price reductions”