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Monday, dec 16
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Real Estate
Here's How 2022 Westchester Housing Market Compared To Other Hudson Valley Counties: Report
After a dramatic rise in housing sales in the Hudson Valley as a result of the pandemic, the buying of homes started to decline in 2022, according to a new report. Compared to 2020 and 2021, housing sales in Westchester, Putnam, and Dutchess Counties showed a decline in 2022, according to a report by the Houlihan Lawrence real estate brokerage from Thursday, Jan. 5. While sales declined, average sales prices of homes also increased in all three counties, the report said. Houlihan Lawrence officials attributed this to an "unsustainable" volume of sales created by high demand…
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Westchester County Given Aa1 Bond Rating By Moody's
Westchester County has just received an Aa1 bond rating by Moody's Investors Service, reflecting the county's "diverse and resilient economy," according to the company. In addition, it has upgraded the county’s rating outlook to positive from stable. Earlier Report - County's Bond Rating Outlook Upgraded By Fitch Ratings According to the report that came with the rating, the county has benefitted from "strong resident wealth, a sizeable corporate base, and healthy full value per capita," as well as a home for workers commuting to New York City, according to Moody's.&n…