Tuesday, July 8, 2025
No Result
View All Result
The Financial Observer
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis
No Result
View All Result
The Financial Observer
No Result
View All Result
Home Real Estate

From City Renters to Westchester Buyers, a Young Family Looked for Space to Grow

From City Renters to Westchester Buyers, a Young Family Looked for Space to Grow
Share on FacebookShare on Twitter


Caroline and Aaron Sokol beloved their one-bedroom rental on the Higher West Aspect.

“We might joke that if we by no means had a child, we may have lived and died in that residence,” Mrs. Sokol stated.

Then, in fact, that they had a child: Their son, Maxwell, was born in October 2023. The couple gave it a shot at first, staying within the rental for one more yr. “Being within the metropolis with a child is definitely very handy as a result of all the things is so shut,” Mr. Sokol stated.

[Did you recently buy a home? We want to hear from you. Email: thehunt@nytimes.com]

They put up a short lived wall to create a six-by-nine-foot nursery, full with a crib and dresser, however earlier than lengthy, issues felt cramped. “I couldn’t have been 9 months pregnant and slot in that room,” Mrs. Sokol stated.

They thought of renting a bigger residence within the neighborhood, however realized that the hire for a two-bedroom would price about the identical because the month-to-month mortgage for a home outdoors the town, even with rates of interest nonetheless pretty excessive.

“We felt like the home was actually necessary, and if now we have to pay the rate of interest, we’re going to do it as a result of we’d like the area and we don’t wish to wait till the market adjustments,” Mr. Sokol stated.

The Sokols, who met in 2009 whereas attending Indiana College, each loved childhoods within the suburbs — Mrs. Sokol, 34, in Framingham, Mass., outdoors Boston, and Mr. Sokol, 35, in Scarsdale, the upscale Westchester County city simply north of New York Metropolis. They wished the identical for Maxwell, and Westchester appeared like the apparent selection due to “the commute and the colleges,” Mr. Sokol stated.

Mr. Sokol, vice chairman of licensing on the model administration agency WHP World, goes to his Manhattan workplace 5 days every week, whereas Mrs. Sokol works remotely as a senior supervisor at Capital One. After promoting some shares and pulling from financial savings, that they had sufficient for a 12 % down cost on a $1 million residence, and bought a $50,000 penalty-free mortgage towards Mrs. Sokol’s 401k to cowl shifting bills and furnishings.

They clicked with the brokers internet hosting the primary open home they visited, Nicole Orefice and Janine Hennigan of William Raveis, and the 4 visited a couple of dozen listings via the winter. Together with an inexpensive commute and up to date updates, their wishlist included a pleasant kitchen and three bedrooms plus a house workplace. Early within the search, Mrs. Sokol developed an affinity for Cape Cod-style properties.

Discover out what occurred subsequent by answering these two questions:



Source link

Tags: BuyersCityFamilyGrowHastings-on-Hudson (NY)Hawthorne (NY)LookedReal Estate and Housing (Residential)RentersScarsdale (NY)SpaceWestchesterWestchester County (NY)Young
Previous Post

Frustrated with the problem for 4 years, finally made this in the last 8 months!

Next Post

What This Superintendent Thinks Vendors Need to Know About The Newest AI Certification

Related Posts

Just Listed | 1 Wycliff Road
Real Estate

Just Listed | 1 Wycliff Road

July 4, 2025
5 Real Estate Hacks For 2025 (That Actually Work)
Real Estate

5 Real Estate Hacks For 2025 (That Actually Work)

July 6, 2025
BOMA International 2025 Conference Highlights
Real Estate

BOMA International 2025 Conference Highlights

July 4, 2025
California Is Running Out of Safe Places to Build Homes Due to Fires, Rising Seas
Real Estate

California Is Running Out of Safe Places to Build Homes Due to Fires, Rising Seas

July 3, 2025
Los Angeles approves plan to spend nearly 5 million in ‘mansion tax’ money
Real Estate

Los Angeles approves plan to spend nearly $425 million in ‘mansion tax’ money

July 2, 2025
30+ Scroll-Stopping Social Media Prompts for July
Real Estate

30+ Scroll-Stopping Social Media Prompts for July

July 5, 2025
Next Post
What This Superintendent Thinks Vendors Need to Know About The Newest AI Certification

What This Superintendent Thinks Vendors Need to Know About The Newest AI Certification

Here’s where the jobs are for June 2025

Here’s where the jobs are for June 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Buyers Beware: 7 Red Flags That Signal a Private Market Reckoning

Buyers Beware: 7 Red Flags That Signal a Private Market Reckoning

July 3, 2025
RISKKILLER – SET UP GUIDE – Trading Systems – 7 July 2025

RISKKILLER – SET UP GUIDE – Trading Systems – 7 July 2025

July 8, 2025
Meta, Mark Zuckerberg, AI, and Throwing Good Money After Bad

Meta, Mark Zuckerberg, AI, and Throwing Good Money After Bad

July 8, 2025
3 Bullish Setups to Watch in July Amid Seasonal Tailwinds

3 Bullish Setups to Watch in July Amid Seasonal Tailwinds

July 7, 2025
A Simple Text Prompt Could Be Your Ticket Into a 0 Billion Market

A Simple Text Prompt Could Be Your Ticket Into a $300 Billion Market

July 7, 2025
BlackRock keeps its foot on the private-markets pedal with another acquisition

BlackRock keeps its foot on the private-markets pedal with another acquisition

July 8, 2025
Mercado Bitcoin Tokenises 0million RWAs on XRPL as Sector Set for Enormous Growth

Mercado Bitcoin Tokenises $200million RWAs on XRPL as Sector Set for Enormous Growth

July 7, 2025
The Financial Observer

Get the latest financial news, expert analysis, and in-depth reports from The Financial Observer. Stay ahead in the world of finance with up-to-date trends, market insights, and more.

Categories

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
  • Uncategorized

Latest Posts

  • RISKKILLER – SET UP GUIDE – Trading Systems – 7 July 2025
  • Meta, Mark Zuckerberg, AI, and Throwing Good Money After Bad
  • 3 Bullish Setups to Watch in July Amid Seasonal Tailwinds
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2025 The Financial Observer.
The Financial Observer is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis

Copyright © 2025 The Financial Observer.
The Financial Observer is not responsible for the content of external sites.