It's not that the market is softening -- it's returning to normal, say local Realtors in Yorktown, New York.

"The Town of Yorktown, which includes such hamlet areas as Yorktown Hts., Shrub Oak, Mohegan Lake, and Jefferson Valley is an extremely diverse community," says Realtor Geri Schwalb. "Each hamlet area has an identity all its own; from commercial centers to historic and charming neighborhoods, the town is spread across 40 miles and boasts multiple accesses to the Taconic State Pkwy."

About the market, Schwalb suggests, "The right house, the right price, and the house may still sit on the market for awhile. More and more houses are staying on the market in excess of one month. While some may see this as a "softening" of the market, I see it as a "normalization" of the market."

She says, "Several years ago I would advise seller clients that it would probably take a good six months to sell their house. For the past couple of years, houses have been selling in a week, sometimes days, and even sometimes in hours! Now that houses appear to be on the market a little longer, we are getting back to the more normal atmosphere for buying and selling houses. Buyers now have a chance to think about the house they just saw. So, look around, come back to the house you really liked and make an offer.You'd be surprised at what you may be able to get for your money this time of year."

"These are the suburbs of New York City and White Plains, including Yonkers," say Realtors Jacqueline Foshay and Kathleen Macie. "The market is about to spring into action with the onset of warmer weather. The mortgage rates are slowly climbing and listings are beginning to surface for spring -- another year of strong sales."

Published: March 17, 2005

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