2021-Westchester Real Estate-One for the Record Books

mortgage interest rates

Unprecedented Times – 2021

The global pandemic remains in full swing as we bring the year to a close. There have been ebbs and flows as we seem to conquer one variant and then succumb to another. The residential real estate market has had quite a ride this year as well. In the early part of the year, as vaccination rates increased, the market was ‘jubilant’ with buyers scrambling for almost every property that became available. Bidding wars dominated and first-time buyers were frustrated even if they had more than a 20% down payment.

As we got to the summer months, things got less hectic but contracts continued to get signed. In terms of the numbers — here they are hot off the press. This information is for the single-family home market in five (5) specific areas in lower Westchester.

Bronxville, Bronxville PO and Crestwood did not have a huge difference in sales volume, although the median price went up substantially. As you can see the larger impact was felt in Eastchester with a substantial increase in both volume & sales price. Tuckahoe showed a nice increase in the number of sales but the median price went down a bit.

Looking ahead-2022 should be another interesting year in real estate.



We are through the first quarter of 2021 and the real estate activity in Westchester County continues to be strong in the beginning of Q2.  The Houlihan & O’Malley agents have been busy helping clients list, sell and buy property and we are ready to help you with your real estate needs and to become another happy client!


Scarsdale Real Estate






11 Greenville Road, Scarsdale (4 Bed/3 Bath/1 Half Bath) Single Family
Sold for $1,250,000
This fabulous center hall colonial in move-in condition is nicely set back from the road and has its own spectacular gunite salt water pool and spa, bluestone patio and beautifully landscaped backyard. Conveniently located on a quiet cul-de-sac. Commuter bus to the Scarsdale train station a short walk away.


Yonkers Single Family Home






25 Wilbur Place, Bronxville PO/Yonkers (5 Bed/4 Bath/1 Half Bath) Single Family
Sold for $1,103,500
Walking distance to the Village of Bronxville. The first floor includes a private sunlit office, an over-sized kitchen with center island, a large eat-in area and adjacent mud room (a must see). All the bathrooms are amazing! The finished basement has great additional living space with a separate playroom/laundry area, den and exercise area. The outside space includes a beautiful patio. Just add a firepit and you can use it practically year-round.






130 Elmsmere Road, Bronxville PO/Eastchester (6 Bed/3 Bath/1 Half Bath) Single Family
Sold for $995,000
This Classic 1920’s Colonial conveys old world charm and warmth from its stunning curb appeal to its oversized front hall. The expansive living room with fireplace adjoins a sun filled family room with fireplace and French doors to the private level yard. Beyond the formal dining room, a cozy office/den offers many options. Central air, beautiful slate roof, and a freshly paved circular driveway are just some of the wonderful updates.

Tuckahoe Single Family Home






70 Manhattan Avenue, Tuckahoe PO/Yonkers (3 Bed/2 Bath/1 Half Bath) Single Family
Sold for $730,000
Lovely English Tudor located in the heart of Crestwood with an easy walk to the Crestwood Train Station. This home has front and back flagstone patios with a private, fenced-in backyard. The main level features Formal Living room with a wood-burning fireplace, Sunroom with access to the backyard, Formal Dining room with wood beamed ceilings, Kitchen with granite countertops and SS appliances, and a powder room. Third level and lower level offer additional bonus space.


Bronxville Real Estate






56 Pondfield Road W. #4C, Bronxville PO/Yonkers (3 Bed/2 Bath) COOP
List Price-$556,000
Great location! Close to Bronxville METRO North Train Station with service to NYC in 30 minutes. This spacious unit has it all – lots of natural light, a wood burning fireplace, hardwood floors throughout, and just a short walk to Bronxville Village. Enjoy Bicycle Sundays on the Bronx River Parkway & enjoy biking, walking & jogging on the Bronx River Path all year long! Laundry, bike & unit storage. And pet friendly! Unpack and exhale…

79 Locust Avenue, Cortlandt Manor (2 Bed/1 Bath/1 Half Bath) Single Family
List Price-$449,000
Convenient, Affordable and Absolutely Gorgeous! Excellent location — Shopping, restaurants, public transportation, schools, highways and train, all just a few minutes away.

105 Garth Road #2G, Scarsdale PO/Eastchester (2 Bed/1 Bath) COOP
List Price-$419,000
Lovely spacious apartment in Northgate — a beautiful pre-war building on Garth Road in Scarsdale.  Maintenance includes basic cable, heat, hot water and taxes; 24-hour laundry room. Just a 5-minute walk Scarsdale Village and Metro North train station. FREE parking with a permit from the Town or get a garage spot at the Scarsdale municipal parking garage. Eligible to join Lake Isle Park.

Why choose Houlihan & O’Malley? Because we give you our undivided attention!

Now is the time to sell-call us for a market analysis of your home.


Eastchester Real Estate

The real estate market in 2020 was definitely an interesting on for us and we worked with clients to keep them and us safe during Covid.  We were able to help so many find homes and sell homes and the Westchester County real estate market ended up being very busy!  Houlihan & O’Malley ended the year well and we are thankful to everyone of our clients for choosing us to help them!


Bronx, NY Real Estate






3625 Oxford Avenue Unit 4B, Bronx (
2 Bed/2 Bath Condo)
Rented – $2,750/month
Promenade East is a small-scale condo complex with an intimate feel. Beautiful apartment in move in condition with a deeded in parking space and in the heart of Riverdale. Washer/Dryer in the unit. Fitness center in the building. Spectacular views of the city and Hudson River. A must see!

 2150 Central Park Avenue, Yonkers (Commercial)
Rented – $1,850/month
Fantastic location that has immediate access/view to Central Park Avenue. Well maintained building with a great mix of tenants and office space. Located near Bed Bath & Beyond, many other small businesses & right near local residential communities — Colonial Heights, Westchester Hills, etc.

Commercial Real Estate




209 Harrison Avenue, Harrison
Sold – $865,000
This building is for a user — architect, engineering, law firm, accounting, general business….. Great Location. Walk to all — restaurants, shops, Metro North. The first floor leads to a loft area in the rear of the building with large open area and 2 private offices. The first floor has a reception area, a work station, a large 300sf conference room, two private offices and two bathrooms. There is a shared driveway and a private parking lot with 9 spaces.

Eastchester Real Estate






130 Manhattan Avenue, Tuckahoe
(3 Bed/2 Bath/1 Half Bath)
Sold – $665,000
Captivating Crestwood Colonial on a lovely corner lot, just 30 minutes by train to Grand Central Station. Walk to everything -shops, restaurants and the Library. Relax with morning coffee or evening cocktails on the screened porch. Enjoy alfresco dining on the private back patio. In the winter cuddle in front of the living room fireplace. The finished basement with separate entrance and full bath is your choice.  This tranquil neighborhood has it all.






52 Corbalis Place, Yonkers (2 Bed/1 Bath)
Rented – $1,800/month
This well-maintained 2nd-floor apartment is located on a quiet dead-end street and has a private side entrance and plenty of parking. Short walk to Metro North, Shops, Restaurants and Parks.

Scarsdale Real Estate








235 Garth Road #E3A, Scarsdale (2 Bed/2 Bath)
Sold – $485,000
STUNNING RENOVATIONS. This 1500sf apartment has been meticulously renovated by a professional home designer. Beautiful corner apartment with lots of natural light. Easy Walk to Scarsdale village, shops and Metro North Train. Eligible to join the Town’s Lake Isle CC.

400 Mount Pleasant Avenue #1H, Mamaroneck (1 Bed/1 Bath)
Sold – $267,000
EXTREMELY MOTIVATED SELLER! Lovely, elevated first floor condo in well maintained mid-rise building right in the heart of Mamaroneck. Walk to everything-restaurants, train, shopping and Harbor Island Park. Garage parking. Perfect commuter location or investment opportunity!


Yonkers Real Estate






62 Pietro Drive, Yonkers
(4 Bed/2 Bath/1 Half Bath)
Listed – $729,000
Privacy defines this uniquely charming and fully renovated split-level home situated on a quiet street on a large wooded third of an acre. This move-in ready home has an open floor plan complete with a newly renovated kitchen and glass doors to private outdoor deck-perfect for entertaining. The large backyard is thoughtfully landscaped including a tranquil rock garden and is fully fenced in. Move in ready!

155 Heritage Hills Unit A, Somers (2 Bed/2 Bath)
Listed – $359,900
Beautiful Condo situated in a private wooded area. Easy walk from the carport to the unit (no steps). The EIK has Oak cabinets, a pantry, washer & dryer. Formal living room w/fireplace & dining room area w/sliding glass doors out to the level, wonderfully private backyard setting. Enjoy the Heritage Hills lifestyle – 5 pools, 7 tennis courts, 24-hour security, shuttle to trains/shops, Fitness & Activity Center.

311 Palmer Terrace Unit 2B, Mamaroneck (2 Bed/1 Bath)
Listed – $300,000
Pack your bags and move right into this bright, beautiful and spacious apartment at Palmer Terrace. Open floor plan. Plenty of closet space. A professional exercise gym and 2 unassigned parking spots within the complex. Short walk to stores, restaurants, Metro North, Harbor Island Park and all that Mamaroneck has to offer. This apartment has it all.


Bronx Commercial Rental






1602 Hering Avenue, Bronx (Commercial Rental)
Listed – $2,500/month
Great Location!!! Perfect for Medical/Dental office (around the corner from Montefiore Medical Center Einstein Campus). Suitable space for Day Spa, Laser Center, Therapist or Chiropractic office. Three of the four private rooms have sinks and storage cabinets. Office has two private Lavatories. Large entry space for waiting room or Administrative staff. Close to all major transportation and highways. Starbucks, LA Fitness, Apple Bee’s, Calvary Hospital and the Residence Inn by Marriott all nearby. PARKING included!

Houlihan & O’Malley – we are here for all your real estate needs.



Mt. Vernon Real Estate

July continued to busy for the agents at Houlihan & O’Malley and we are so happy to be able to help so many clients out during this time safely with all their real estate needs.  We had several sales, rentals, contracts and new listings added during the month.  And, we want to thank all the clients’ who put their trust in our team!


Bronxville Real Estate
231 Pondfield Road, Bronxville (4 Bed/2 Full Bath/2 Half Bath)
Sold for $1,690,000
Easy walk to Metro North, school and town from this centrally located Village Tudor. Many upgrades with lots of living space including a huge living room with bar area, dining room, eat in kitchen, amply sized family room, an out of the way office and a powder room. The backyard has a great patio for outside entertaining too!

Bronxville Real Estate
2 Stoneleigh Plaza #5H, Bronxville (3 Bed/3 Bath)
Sold for 1,345,000
Stoneleigh is a premier building located in the heart of Bronxville – close to shops and Metro North Station. This almost 2000 square foot apartment underwent extensive renovations which reflects today’s lifestyle and design preferences.  Unit is on a high floor in the northwest corner of the complex affording it much privacy, beautiful views and abundant sunlight. The large, private, open terrace overlooks neighboring parkland providing idyllic outdoor space.


Bronxville Real Estate
17 Gramatan Court, Bronxville CONDO (3 Bed/3 Full Bath/1 Half Bath)
Rented for $9,000/month
Gramatan Court reinvented! This new rental opportunity is one of a kind. The entire townhouse has been completely renovated in 2017 with the goal of making it open, bright and airy. This is one of the few units in the complex to have a fully above grade lower level with terrific ceiling height. The kitchen & dining room have been made into a fabulous family space including an all NEW kitchen. Located in the heart of Bronxville with an easy walk to Metro North, school, great restaurants, movies, Pure Barre, Starbucks, Soul Cycle and many local shops.

Mt. Vernon Real Estate
10 Alden Place #4B, Bronxville PO/Mt. Vernon (2 Bed/1 Bath)
Rented for $3,000/month
This Bronxville PO, Mount Vernon School District, apartment is a five-minute walk to Bronxville shops, dining and the Metro North station. Newly renovated kitchen & bath, beautifully finished hardwood floors and lovely French Doors in the Living Room overlooking a park.

111 Sagamore #2C, Tuckahoe (1 Bed/1 Bath)
Rented for $2,100/month
Bright, sunny apartment in a great location and a well-maintained building! Large living area with eat in kitchen. Ample closet space. Easy access to town and transportation!


Tuckahoe Real Estate
44 Chittenden Avenue, Tuckahoe PO/Yonkers (4 Bed/2 Full Bath/1 Half Bath)
Listed at $719,000
Located at the center of Crestwood and only 3 blocks from Metro North Station and a half block to the Crestwood Library.   On almost 1/4-acre lot, you will be wowed by the expansive, level yard & gardens. A recently installed slate patio allows you to enjoy barbeques w/family & friends in a very private setting. Inside you will find a ‘great room’ type layout that combines the living and dining rooms into a large open area. In addition to an eat in kitchen & powder room, the 1st floor includes a corner office for the perfect ‘working from home’ set up. The 2nd floor includes a master suite w/private bath, walk in closet & deck overlooking the yard. There are three additional bedrooms and a renovated hall bathroom. The third floor is a delightful surprise that is one large room with windows all around. Imagine the possibilities!

Yonkers Real Estate
89 Avondale Road, Yonkers (4 Bed/2 Full Bath/1 Half Bath)
Listed at $689,000
Welcome to Crestwood! This spacious and well-maintained Split-Level style home sits on a .33 acre lot.  The large patio allows plenty of room for BBQ’s and outdoor entertainment. The main level features a Formal Living room with Cathedral ceilings, Formal Dining room and Eat-In-Kitchen with access to the wood deck and expansive backyard. The 745 SF Lower Level features a TV room, Rec room, Powder room, Laundry/Utility room, Backyard/Patio and Garage access. There is a Sub-basement level that offers tons of options!  Walk to Crestwood Metro North Train, Library, Bronx River Pathways & Schultz Field! And low taxes!

Yonkers Real Estate
171 Alta Vista Drive, Yonkers (4 Bed/ 2 Bath)
Listed at $659,000
Welcome to Colonial Heights! This Beautifully maintained Cape house sits perfectly on a level piece of property. The main level flows from the front foyer to the living room with a wood burning fireplace. The house continues through the dining room, eat in kitchen and drops down into the family room. Exiting outside off the family room to the backyard patio and grilling area truly extend the living area of the home. This gorgeous backyard features lush green grass and shrubs which creates amazing privacy for family and friends.  The large lower level is split – one side offers a relaxing finished family room and the other side has plenty of storage, with washer/dryer, second refrigerator, utilities. This home has been meticulously maintained over the years. Some recent upgrades include new siding, driveway, and hot water heater.

Yonkers Real Eastate
900 Palmer Road #8D, Bronxville PO/Yonkers (2 Bed/1 Bath)
Listed at $299,000
Spacious COOP located at “The Winchester”, a doorman building.  This 8th floor unit has lots of tree top views, generous closet space, large Living Room & Dining area; eat in kitchen. Located a few blocks from Bronxville’s Metro North station, many shops, restaurants, Bronx River Park and Saturday’s Bronxville Farmer’s Market.


Mt. Vernon Real Estate
10 Huntwood Place, Mount Vernon (3 Bed/2 Bath)
Listed at $649,000
Fabulous Tudor in the desirable Huntswood area of Fleetwood. This meticulously updated house has an entry foyer, a step-down living room with a stone fireplace and French doors to a screened porch, a formal dining room, an updated eat-in kitchen with granite counters, an updated full bath, and a family room with built-ins. The walk-out basement has bonus space and opens onto a level backyard. In the past three years the seller has installed a new furnace, a new hot water heater, energy saving solar panels that come with a 20 year warranty, new windows in the basement, new screened porch, new kitchen floor, new kitchen storm door, new staircase to the basement, and dry wells in the backyard.  Walk to the Fleetwood Metro North station, Pennington School and the many shops & restaurants in Fleetwood & Bronxville.

Yonkers Single Family Home
110 Lockwood Avenue, Yonkers (4 Bed/3 Bath)
Listed at $649,000
Opportunity knocks! Three Family house with two car garage and plenty of additional driveway parking. Three separate gas and electric meters! AND LOW TAXES!  [One – two-bedroom unit / two – one-bedroom units]

There is a full unfinished basement offering bonus space, and a laundry room, workroom and lots of storage.

Bronxville Apartment for Sale
280 Bronxville Road #8-O, Bronxville PO/Yonkers (1 Bed/1 Bath)
Listed at $285,000
Looking for an apartment with its own outside space, this is it!

Walking distance to all that Bronxville has to offer. Truly unique and very special – this oversized unit has expansive eastern views from its very own terrace. The apartment clears all the surrounding buildings so the views are unparalleled. The apartment is exceptionally roomy with a gracious foyer, large living room, large kitchen that can easily accommodate a table for four. The bedroom is almost square with a walk-in closet. Even the bathroom is larger than average. A must see!

Scarsdale Real Estate
182 Garth Road #2A, Scarsdale (1 Bed/1 Bath)
Listed at $229,000
Move right in to this lovely unit at Scarsdale Manor. Recently renovated to perfection – a gracious entry hallway leads to a large living room, dining room, kitchen, and a total of six roomy closets. Less than a ten minute walk to the Scarsdale Metro North Station and all the shopping and restaurants Scarsdale has to offer.  Residents are eligible for membership at Lake Isle Country Club.

Mamoroneck Real Estate
112 Richbell Road #C4, Mamaroneck (1 Bed/1 Bath)
Listed at $159,000
Beautiful co-op located in desirable Mamaroneck Gardens! Close to Metro North station and all the shopping and food options Mamaroneck Avenue has to offer.  And Boston Road is a block away with even more shopping and dining choices. The apartment has three exposures and is on the top floor with great sunlight. Move-in ready!

Westchester County Real Estate
100 Theodore Fremd Avenue, Rye (1 Bed/1 Bath)
Rental-Listed at $2,300/month
Welcome to Rye City, this unit has a “Walk Score” of 85!! Conveniently located close to shops, restaurants, and Metro North Rye train station. This unit comes with its very own parking space.  Cozy unit with open floor plan, hardwood floors throughout, a large living room/dining area, fire place and its own private open terrace. Great rental opportunity!

If you are interested in setting up a meeting to discuss your home buying or selling needs, contact Joe Houlihan at (914) 337-7888 or joeh@hom-realestate.com.




Bronxville Real Estate

During this unusual time of social distancing and keeping safe, Houlihan & O’Malley’s agents have put into place a way to work with clients virtually.  We are able to help you search and buy homes with online information and virtual tours.  We can also help you sell your home with online marketing efforts, photography, videos and more!

Here’s what happen during the last couple of months with our agents.


Westchester County
8 Rhynas Drive, Mount Vernon (4 Bed/3 Bath)
Sold for: $810,000
Gorgeous Rhynas Drive-named for the famed architect/builder who built each distinguished home on this delightful block. The only stone front home in this remarkable collection. With its original slate roof, this home sits prominently on the bend in the road. nter into a roomy foyer with wide planked floors, a large living room with wood burning fireplace, a classic paneled office and a lovely screened in porch. The foyer also opens to a formal dining room and provides entrance to the renovated kitchen with family room, bedroom and full bathroom. The second floor has a large master suite with renovated master bath and dressing room. There is a hall bath and two additional substantial sized bedrooms. There is a walk up attic for storage and a partially finished basement with a 2 car garage. The quality of the home will be evident to you everywhere you turn in this special property.

Yonkers Real Estate
171 Devon Road, Bronxville PO/Yonkers (6 Bed/4 Bath/1 Half Bath)
Sold for: $999,000
Beautiful 4000+SF well maintained home that sits atop a 1 acre manicured lot in Lawrence Park West! MOVE IN CONDITION.  Special features: Central A/C, 200 Amps, Gas Generator, Updated Windows, Copper Leaders/Gutters, Radiant Heat (Solarium), Fresh Water Gunite Pool, SS Appliances (Viking/Thermador/Fisher & Paykel), Recessed Lighting. And a detached garage with circular driveway.

Eastchester Real Estate
11 Mill Road 3 East, Eastchester (1 Bed/1 Bath)
Rented for: $2,550/month
11 Mill Road is a fully renovated building. This rental includes an assigned private parking spot. Located in the heart of Eastchester surrounded by many shops and restaurants, and just a short walk to the Crestwood Train Station.


Scarsdale Real estate
143 Garth Road, #1L, Scarsdale (1 Bed/1 Bath)
Listed at $259,000
Beautifully renovated first floor apartment in sought after Colchester Hall.  Includes a gourmet chef kitchen, hardwood floors and many other fabulous upgrades.  Pet Friendly building.  This unit has a stunning outside terrace overlooking Garth Woods too.  Short walk to Metro North station with easy commute to NYC.  Close to many restaurants, shopping, walking trails and parkways.  Laundry and storage in lower level.  Street parking with permit from Town of Eastchester.  Resident eligibility for Lake Isle Membership


Bronxville Real Estate

231 Pondfield Road, Bronxville (4 Bed/2 Bath/2 Bath)
Listed at $1,749,000
Easy walk to Metro North, school and town from this centrally located Village Tudor. Many upgrades include an entirely new central air conditioning system installed in February 2020, hardwood floors in the bedrooms and on the stairs have just been refinished, new roof in 2016, new boiler in 2014, windows replaced, kitchen and all baths have been redone. Lots of living space including a huge living room with bar area, dining room, eat in kitchen, amply sized family room, an out of the way office and a powder room. The second floor has a master suite, three bedrooms, bathroom, and a powder room in one of the bedrooms. The backyard has a great patio for outside entertaining. If you are leaving the city but don’t want to leave the convenience of walking to all you need — this is the house for you!

bronxville real estate agency
259 West 234th Street, Bronx (3 Bed/1 Bath/1 Half Bath)
Listed at $669,000
This is a must-see opportunity to own a single-family home in the Kingsbridge area of the Bronx. The property needs some updates and is being sold “as is”.  Great location-close to public transportation, major highways, local retail shops and entertainment. Pool Table and A/C unit are included.

We are all learning ways to adjust to the new normal including doing things virtually.  We can still help you with your real estate needs via phone, email, Zoom, YouTube, etc.  Call us, we’ll work with you though this together!

Low Interest Rates Make It a Good Time to Buy

Home Buying Low Interest Rates

Home Buying Market

The world is currently going through an unprecedented series of events with the pandemic. For many, it’s a time to shelter in place and to be thankful for the things that they have. Things are changing for the time being, but the world will come through on the other side wiser and stronger than before.

Some of the changes that have occurred in the past few weeks from a buyer’s perspective, are actually beneficial right now.

Low Interest Rates Make It a Good Time to Buy

Although the world is in uncertain times, those who have the means may find that buying a property right now could be a very good option. This is because the rates today are lower than they have been in a long time. The rates are at record lows, so buying a property has the potential to net you a great deal.

The Federal Reserve is buying unlimited amounts of mortgage-backed securities and U.S. Treasury securities. This is helping to provide more protection than what was available during the 2008 recession. In light of what’s happening currently, this will be needed. The government is also acting faster today than it did in 2008, which means the benefits could be seen sooner. By creating a greater demand in mortgage bonds and with rates low, buying could be a smart choice for those who have already been considering buying.

If you have the money available to buy a property, it simply makes sense to take advantage of the changes that are happening with the rates. While it is certainly a scary time for the world, and you might be wondering whether you should make the purchase, it’s time to consider the low rates. If you were already going to buy a home, and you are in a financial situation where you will be able to make the purchase safely, consider getting in touch and moving forward.

Of course, with the current pandemic, there is no longer such a thing as “business as usual”. During these times, you will want to consider other ways of shopping for and buying your property. Fortunately, we have plans in place that can make it much easier for you.

Joe Houlihan
Houlihan & O’Malley

Find New Properties Using Virtual Connections

Houlihan & O'Malley Real Estate Office

With so much of the world in lockdown, getting out and finding the real estate that you want to buy right now can seem difficult. In fact, it can be next to impossible to move forward with “business as usual” in the coming weeks. However, we can work with our clients virtually. If you are interested in a property, or if you have questions, we can connect online. In fact, much of what you will need to know about the property, including looking at the photos and taking a virtual “tour” can be done over the Internet.

You can learn more about the property, the building, the neighborhood, and more. By connecting online, it limits actual contact, while still providing you with all of the information you will need when it comes to the property. It’s very easy to work with clients virtually, so you can get started on your home search right away.

With an increase in the number of buildings and homes that will be available, coupled with the low interest rates, it could be the right time to start thinking about buying. Check out some of the properties we have available and then get in touch to learn more. It couldn’t be easier to find the home of your dreams, and you might even be able to save some money thanks to those low rates. It’s nice to have a bit of good news during these trying times.

Just because the world is wisely social distancing currently doesn’t mean that you have to forego looking for a new property to call home. Check out all of the different options that are available, consider the state of your finances, and get in touch to learn more about those properties. This could be an ideal time to find a property that you like.

Joe Houlihan
Houlihan & O’Malley


Tis the Season for Selling Your Home








When the time comes to put your home on the market, many sellers think they should wait until after the holidays. However, there are several unexpected advantages to listing your home now rather than waiting until the New Year.

  1. Motivated Buyers
    Tis the season! There may be fewer buyers looking, but those who are tend to be motivated buyers. Homes often sell faster during the holidays, and for more money. Plus, there’s always that buyer who wants to give the ultimate gift to a loved one – a new home!
  2. Less Competition
    Because the holidays can be hectic, sellers often feel they can’t handle trying to show their home while juggling everything else.  Sellers often take the home off the market or wait until the New Year to put it on the market. This means that supply drops significantly, making the remaining houses on the market that much more attractive to buyers.
  3. Lower Interest Rates
    Historically, interest rates are cyclically lower from December through January, making it a more appealing time to buy. Additionally, the Fed has held interest rates very low for nearly nine years.
  4. Top Notch, Faster Service
    The stores may be packed, but your Realtor, title companies, banks, and lenders are probably not so busy, so you’re much more likely to be top priority. Plus, many potential homebuyers have time off from work during the holidays, giving them ample time to search for their new home.
  5. Your Home Looks Beautiful
    You can capitalize on the joy of the season by making your home warm and inviting with cheerful, tasteful holiday decorations and festive aromas, such as vanilla and spiced cider simmering on the stove or freshly baked cookies just out of the oven. This will appeal to the emotions of buyers, leaving them with a memorable impression.

The last week of November and the beginning of December have been surprisingly busy weeks with new contracts getting signed!  Contact Houlihan & O’Malley if you are thinking of placing your home on the market this holiday season.


Financing and Closing – The Final Step

Financing and Closing on a home

The past few months we have shared tips on purchasing a home.   This month we will cover the final steps – financing and closing.

After you have found the house, Condo or Co-op that is perfect for you, it is time to get your finances and mortgage options in order.   It is actually very smart to have a pre-approval ready to go.  Once you have a fully executed contract of sale, it is time to go back to your lender to formally apply for the mortgage. There is quite a bit of documentation to be provided to the mortgage lender, but don’t let it intimidate you. These documents are provided to the lender so they can properly underwrite the loan.  Some documents you will need are your last two years’ tax returns, recent pay stubs, brokerage statements, etc.  For a full list, contact your lender to ensure you have all the proper documentation on hand.

Lastly, it is time to close! First you want to order a title search. This is a historical review of all legal documents relating to ownership of the property.  Typically, your attorney will order the title report for you. You must also obtain a homeowner’s insurance policy.  And don’t forget New York State has a ‘mansion’ tax, this is a one percent tax on homes selling for $1 million or more. Once these items are in place, it’s time for the ‘final walk through’ of your new home.  Your Realtor will do this with you.  This is very important as it is the last chance for you to review any issues right before or at the closing such as a drippy faucet or cracks or patches left uncorrected.  The closing is usually held the lender’s attorney’s office and is attended by the seller’s and buyer’s attorney, the mortgage banker, and of course, the sellers and buyers and their respective Realtors.  All this just to make sure all the appropriate paperwork is signed off on. Once that is completed, it’s time to move in so don’t forget the keys!

At Houlihan & O’Malley, we offer lots of insight right on our website and various blog posts regarding this topic and lots of other info.  So, feel free to do a little web browsing.  It’s important to make sure you have the most up-to-date information regarding the home buying process and it can be overwhelming.  If you still have questions, our highly qualified team is available to assist you directly.  Give us a call.  We are happy to help!


Houlihan & O’Malley’s Real Estate activity-April, first full month of Spring! Yeah!

Bronxville Real Estate


231 Pondfield Road, Bronxville (4 Bed/2 Bath/2 Half Bath) Listed at $1,850,000

The perfect location. The easiest walk to school, train and Village that you can imagine. This home lives well with a huge living room with fireplace and a convenient bar area, dining room, eat in kitchen, a substantial family room with two distinct office areas and a tucked away powder room. Off the family room is a large level patio-great for outdoor entertaining.  Beautiful home with many upgrades.

Bronxville Real Estate

172 Boulevard, Scarsdale (6 Bed/5 Bath) Listed at $1,295,000

TWO HOUSES FOR THE PRICE OF ONE!  MAIN HOUSE with 3,208 SF; DUPLEX CARRIAGE HOUSE with 1,672 SF.  The main house starts with a magnificent front porch with grand stone columns. The First Level Features: Gracious Foyer, Formal Living Room w/Fireplace, Formal Dining Room, Eat-In Kitchen, Den/Family Room, Laundry/Mud Room, and a Bathroom. The Second Level: Master Bedroom, 4 additional Bedrooms, Sleeping Porch and Deck with Western exposures, and 2 Bathrooms.  The Third Level: Bedroom and tons of Attic Storage. Great basement space too.  The Duplex Carriage House has infinite possibilities-can be adapted for your unique needs.  Currently used as 3 bedrooms, 2 Baths and a home office. Walking distance to Scarsdale Metro North! Scarsdale Schools!

Scarsdale Real Estate

12 Dorchester Road, Eastchester (4 Bed/2 Bath) Listed at $749,000

This split-level home was built in 1955 and sits comfortably on a corner lot in one of Eastchester’s loveliest neighborhoods. In addition to a great floor plan, additional features include a new boiler, young roof and recessed lighting. The lower level is the perfect family room. The large basement boasts high ceilings, plenty of storage options, washer/dryer and walk-out to a slate patio in the backyard.

Eastchester Real Estate

56 Pondfield Road West #3B, Bronxville (2 Bed/1Bath) Listed at $369,000

LOCATION, LOCATION LOCATION!! Close to METRO North train station with service to Grand Central Station in 30 minutes. PET FRIENDLY… LARGE DOGS WELCOME/No weight restrictions!! RENOVATED EAT-IN KITCHEN.  Kitchen opens to the dining area and large living room. Pre-war charm includes picture moldings & refinished hardwood floors (2018). Large bedrooms with ample closet space, nice updates in the bathroom. Close to all that Bronxville Village has to offer. Priced to sell!

Bronxville Real Estate


42 Edgewood Avenue, Mount Vernon (5 Bed/4 Bath/1 Half Bath) Listed at $1.350,000

Very special Arts and Crafts home located in the desirable enclave of Aubyrn Manor. Tranquil and serene setting on a park like half-acre lot just a few blocks from the village of Bronxville.

1 Scarsdale Road #421, Tuckahoe (3 Bed/2 Bath/1 Half Bath) Listed at $825,000

Spacious and Bright, well maintained Condo in the village of Tuckahoe. Unit has 24/7 Concierge, 13′ ceilings, oversized windows, gas fireplace, hardwood floors, great closet space.  All on one floor! Short walk to shops, restaurants, and Metro North station. Easy access to all major thoroughfares.

26 Pondfield Road West #2A, Bronxville PO/Yonkers (2 Bed/1 Bath) List Price $319,000

Pristine, gorgeous, and stunning are only a few words to describe this sun filled unit located just one flight up from the lobby. Magnificently maintained and renovated.  Conveniently located to all that Bronxville has to offer.  Walk Score 81.

64 Sagamore Road, Unit H5, Bronxville (1 Bed/1 Bath) Listed at $395,000

Your chance to own one of the very few condominiums in Bronxville-64 Sagamore has just undergone a complete court yard renovation with all new stairs and walk ways. This unit has both east and west exposures and a wood burning fireplace. Walk to Metro North and all that Bronxville has to offer.  Renting is allowed-fantastic investment opportunity!

282 Brookline Avenue, Hawthorne (4 Bed/2 Bath) Listed at $479,000

This home is situated on a level corner parcel enabling potential expansion possibilities. Present owner is only the second owner of this great home. Home shows well, just needs your touches to make it yours. A must see.!

 553 Sierra vista Lane, Valley Cottage (2 Bed/2 Bath) Listed at $289,000

Tastefully updated condo in the well sought after Mountainview Condo Community.  Unit is a Top floor/Corner unit…Hardwood and Pergo flooring throughout, Crown Molding, Fire place and so much more. Easy commute to all major highways, shopping, schools, etc.


235 Read Avenue, Tuckahoe PO/Yonkers (5 Bed/1 Full Bath/1 Half Bath) $710,000

A COMMUTER’S DREAM, steps from the CRESTWOOD station with express service to Grand Central Station in 30 minutes! This Victorian home offers a picture-perfect front porch and over 2500 SF of living area.  Easy access to Bronx River Pathways. Low taxes!

Let Houlihan & O’Malley help you!  We know Real Estate!