In the April edition of The Real Deal Magazine appeared a featured article on “Westchester’s Winners.” In the article, Houlihan Lawrence was ranked #1 in The Biggest Firms in Westchester category and #1 in the Top Westchester Firms of 2010 category.
In addition, Houlihan Lawrence agents took seven of the 10 spots on the Top Westchester Agents ranking.
Chris Meyers, the COO of Houlihan Lawrence was asked to give his take on the Westchester housing market. “There’s no question that there’s a perception of value for people coming out of the city,” Meyers said, noting that, with price per square foot averaging roughly $340, some reverse sticker shock results. According to Meyers, New York City homebuyers have flocked to towns like Bronxville, Scarsdale, Rye and Larchmont, largely because of their proximity to the five boroughs. Perhaps due to the market downturn, more than half of the city transplants Houlihan is working with are former renters making a purchase while prices are low, he said.
To read the full article on Westchester’s Winners click here.