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Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says
Homes in some parts of downstate New York are being considered “overvalued” amid the current housing bubble, according to a new Fortune Magazine report.
Fortune studied home price growth, which is wildly outpacing income growth across the country, with different areas across the US considered “overvalued," “undervalued,” or "normal."
Specifically, in downstate New York, both Suffolk and Nassau counties, as well as Westchester have been listed as being "overvalued," the report states. Other counties upstate also earned the distinction, while markets in the rest of the state have remain…
Richard Gere Finds Buyer For $28M Westchester Estate, Report Says
Movie star Richard Gere has found a buyer for his $28 million suburban New York estate, according to a new report.
Gere listed the 11,658 square-foot estate, located in Northern Westchester County, in the town of Pound Ridge, for $28 million, and moved to a smaller mansion in nearby North Salem, according to a report on Thursday, Jan. 20, from Dirt, a news outlet that focuses on luxury real estate.
This week, Mansion Global reported that the listing for the 50-acre Pound Ridge property with eight bedrooms and 11 bathrooms went into contract, according to Muffin Dowdle of Ginnel Real E…
Waterfront Fairfield County Home Listed For Sale At $10M
If you're in the market for a home with waterfront views, a new Fairfield County listing may catch your eye.
The 9,356 square-foot home, located on one-and-a-half acres at 11 Meadow Road in Greenwich, was listed for sale for $10 million.
The home has a private dock, a deck, balconies, and a two-bedroom apartment with a kitchen, according to Coldwell Banker Realty.
The house also has five bedrooms and six bathrooms, along with a library, a family room, and a five-car garage.
Read more about the property here.
These Hudson Valley Counties Were Most Popular Among NYCers Who Moved In 2021, Survey Reveals
The Hudson Valley was the most popular destination among New York City residents who moved last year, according to a brand-new report.
The findings come from NYC-based Piece of Cake Moving and Storage's 35,000 moves it performed in 2021.
"The Upper Hudson Valley was the hottest region in the tristate area," the report said, noting that trend was especially evident per percentage by population in Ulster, Dutchess, Orange, and Rockland counties.
"Outside NYC, the New York county that the most people moved to was Westchester County, surpassing moves to the significantly la…
Richard Gere Moves From One Westchester Town To Another, Report Says
Movie star Richard Gere has listed his Northern Westchester home for tens of millions of dollars and moved to another mansion in a neighboring town, according to a new report.
Gere listed his property in Pound Ridge for $28 million, and moved to the estate in North Salem, according to a report on Thursday, Jan. 20, from Dirt, a news outlet that focuses on luxury real estate.
The Pound Ridge home is 11,658 square feet, with eight bedrooms and nine full bathrooms, according to the report.
The 72-year-old actor, known for roles in films including "Pretty Woman" and "Runaway Bride," made…