If you’re buying or selling a home in Westchester County, you’ve probably wondered: can real estate agents lie about offers? With the competitive nature of our market, from multiple offers on a Scarsdale colonial to bidding wars for a Yonkers starter home, it’s a fair concern.

The short answer: no, real estate agents cannot legally lie about offers. In New York State, real estate professionals are bound by strict ethical standards and licensing laws. Misrepresenting or fabricating an offer is considered fraud, and it can cost an agent their license, career, and reputation. The New York Department of State regulates agents, and violations can lead to serious penalties.

That said, it’s important to understand how offers are presented. In Westchester, agents are not always required to disclose every detail about competing offers to other buyers. For example, an agent may tell you that “there are multiple offers on the property” without giving exact amounts or terms. This isn’t dishonesty, it’s a way to protect the seller’s negotiating position while keeping the process fair.

So what should you expect?

• Transparency with your agent. If you’re a buyer, your agent must be honest with you about how strong your offer is and what strategies can help you stand out.

• Accurate communication from the listing agent. While they don’t have to share the numbers, they cannot invent offers that don’t exist.

• Professional accountability. In smaller, close knit markets like Westchester, where many agents know one another, reputations matter. An agent caught lying risks not just penalties, but also losing trust in the community.

If you ever feel uncertain, you can request written confirmation of submitted offers. In fact, in New York, listing agents are required to keep a record of all offers they receive for at least three years. This adds a layer of accountability that protects both buyers and sellers.

At the end of the day, most agents in Westchester work hard to guide their clients honestly and ethically, because word travels fast here, from White Plains to New Rochelle. The best way to protect yourself is to work with an experienced agent you trust, someone who knows the neighborhoods, the market, and the right way to advocate for you.

Thinking about buying or selling in Westchester? Let’s connect. I’ll walk you through the process with complete transparency so you can feel confident every step of the way.

When people think about building wealth in New York, real estate is often at the top of the list. But is buying property in Westchester County a good investment, or could it be a risky move? The truth is, it can be both, depending on your goals, timing, and strategy. Let’s break down the pros and cons.

Why Real Estate in Westchester Can Be a Smart Investment

1. Location and Demand
Westchester has long been a sought-after destination thanks to its proximity to New York City, excellent schools, and a high quality of life. Families and professionals looking for more space without giving up easy access to Manhattan keep demand strong. This demand helps protect property values, making real estate a relatively stable long-term investment.

2. Limited Supply
The county has a mix of historic homes, established neighborhoods, and tight zoning regulations. This limits new construction and ensures that housing supply doesn’t outpace demand. Fewer homes on the market often means stronger appreciation over time.

3. Rental Opportunities
Westchester has a strong rental market, particularly near train stations and urban hubs like White Plains, New Rochelle, and Yonkers. Investors who purchase multifamily properties or condos in these areas can benefit from consistent rental income.

Why Real Estate in Westchester Can Be Risky

1. High Entry Costs
Westchester real estate isn’t cheap. Home prices are significantly higher than the national average, and property taxes are among the highest in the country. These costs can eat into profits and make it harder for investors to see quick returns.

2. Market Cycles
Like any market, Westchester real estate is not immune to downturns. Rising interest rates, economic slowdowns, or shifts in buyer demand can cause values to stagnate or dip. Investors who buy at the peak may need to hold for years before seeing strong appreciation.

3. Carrying Costs
Beyond your mortgage and taxes, investors should factor in maintenance, insurance, and potential vacancies if renting. For some, these costs outweigh the benefits of ownership, especially in the short term.

Final Thoughts

Real estate in Westchester County is generally a solid long-term investment for those who can handle the upfront costs and are willing to ride out market fluctuations. For buyers looking to build equity, enjoy rental income, or simply own in a desirable area, Westchester remains a strong choice. But for investors seeking quick, low-risk returns, the high costs and market variables may make it less appealing.

As a real estate agent in Westchester County, NY, I often hear the question: Will real estate prices go down? With the market’s dynamic nature, it’s a valid concern for buyers and sellers alike. Let’s dive into recent trends and forecasts to provide clarity on what to expect in 2025.

Westchester County’s real estate market has been exceptionally strong, driven by its proximity to New York City, top-tier school districts, and suburban charm. In July 2025, the median home sale price reached $890,000, a 4.7% increase from the previous year, with homes selling in just 21 days on average. This reflects a persistent seller’s market, characterized by low inventory, only 2.8 months of supply in May 2025, and high demand, particularly in sought-after areas like Scarsdale, Rye, and Bronxville.

Looking ahead, forecasts suggest that home prices will continue to appreciate, though at a slower pace of 3-5% in 2025. Factors like stabilizing interest rates, projected to hover between 5.5-6%, and a slight increase in inventory could ease some pressure on prices. However, the luxury market (homes over $1 million) remains robust, with areas like Chappaqua and Bedford seeing strong demand for move-in-ready properties.

Could prices drop? A significant decline seems unlikely. While some markets nationwide anticipate slight corrections, Westchester’s unique appeal, excellent schools, commuter access, and limited land for new construction, keeps demand high. Even with a modest increase in listings, competition for well priced homes in desirable neighborhoods will likely keep prices elevated. For buyers, this means acting quickly and strategically, possibly targeting homes needing minor updates to avoid bidding wars. Sellers, on the other hand, should price competitively to capitalize on demand.

As your local real estate expert, I can help navigate these trends to achieve your goals. Contact me today to discuss your next move in Westchester’s thriving market!

Disclaimer: Real estate markets are subject to change. For the latest data, consult a local professional.