NYC exodus ignites dormant Westchester real estate market - at least for short term

The mass exodus from New York City - for those who can afford it - is igniting the dormant Westchester real estate market, at least for the short term.
Instead of buying, real estate broker Melissa Marcogliese says new clients are seeking shorter-term rentals, with amenities like big yards, pools and tennis courts.
They are splurging for the luxuries.
"Houses are going for top dollar," says Marcogliese. "Houses in a really good market that would rent for $5,000 or $6,000 in a good rental market now are going for $15,000 or $20,000."
A home on Oscaleta Drive in South Salem, for example, is on the market for $825,000. The owner decided to rent it for the short term and is making more than double the going rate.
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