Hudson Valley Real Estate Blog 
What Happened in 2011 with the Ulster County Real Estate Market??
Tuesday, January 17th, 2012 at 3:16pm. 26 Views, 0 Comments.
Ulster County Real Estate 2011 in a Nutshell!!
2011 was an interesting year for Ulster County real estate. Overall total units sold were down 15%. However flying in the face of that trend was a 3.6% increase in the average sale price of homes. This increase represents the first such increase year over year since the market topped in 2007. Average days on market for homes sold increased by a minimal 3%, and the list to sale ratio remained steady from 2010 at 93% of asking price. Interest rates remain at the lowest level since the 1950.
What does this mean to buyers and sellers? On the buyer side it makes sense to strongly consider a purchase in 2012. The increase in average sale price could signal the beginning of a rebound in the market…
Fall in Ulster County
Friday, October 8th, 2010 at 12:39pm. 816 Views, 0 Comments.
Fall in Ulster County
There are so many fun outdoor activities to take advantage of. Here are just some of the many farm stands in Ulster County with lots of fun things to do.
Ulster County Farm Stands
Accord
Kelder's Farm - Accord, NY
Every weekend of October
Pumpkin Hayrides
We are picking pumpkins, raspberries, concord grapes, a variety of winter squash, zucchini, and tomatoes too and the sweeeetest corn around!
We also have beautiful hardy mums for your fall decor.
Visit our new and old friends in the petting farm!
http://www.kelderfarm.com/
Saunderskill Farm - Accord, NY
September 15th - October 30th
Pick your own Pumpkins
Tractor-Drawn Hay Rides
Horse-Drawn Hay Rides, weekends in October 1-4PM
Free Corn Maze
October 10th Tractor Pull
Wow Sonyma Rates at an All Time Low!
Monday, October 4th, 2010 at 2:09pm. 940 Views, 0 Comments.
Sonyma rates continue at an all time low. The Sonyma Low Interest Rate Program a 30 year fixed rate of 3.5% with 100 day rate lock for all first time home buyers. The income limit is very generous - up to $83,640 for a 2 person household or $97,580 for 3+ household. With only 1% of the borrowers own funds and a total of only 3% down payment borrowers can get the house of their dreams and take advantage of the great home prices you have listed.
Did you know that Sonyma also offers Down Payment Assistance? 3% of the home purchase price up to a maximum of $10K. 0% interest rate – requires no monthly payment and is forgiven after 10 years. The rate for that program is 4%!!
Information provided by:
Michele Rizzi
Mortgage Consultant
Hudson…
Top 10 Cities to Get The Best Bang for Your Buck, Kingston NY
Thursday, January 7th, 2010 at 9:08am. 670 Views, 0 Comments.
Kingston, NY is one of Barbara Corcoran’s top 10 cities in the country to get The Best Bang for Your Buck. Click Here to view the segment from the Today Show. The average sale price in Kingston for 2009 was $161,172 for single family residential sales. While the average sale price in Ulster County was $241,758. The average above was based on MLS statistics.
First Time Home Buyer Tax Credit Extended and Expanded!
Thursday, November 12th, 2009 at 9:03am. 799 Views, 1 Comments.
Its official, the Worker, Homeownership and Business Assistance Act of 2009 extends and expands the first time home buyer tax credit. The new law:
- Extends deadline to April 30, 2010
- You must enter into a binding contract by April 30, 2010 and close by June 30, 2010.
- Allows long time homeowners buying a replacement principal residence to receive the credit
- Long time homeowners who buy a replacement principal residence may claim a credit of up to $6,500. They must have lived in the same principal residence for five consecutive years
- Raises income limits for qualification
- People with higher incomes can now qualify for the credit. The new law raises the income limits to between $125,000 and $145,000 for Individual…
New First Time Home Buyer Tax Credit!
Tuesday, September 29th, 2009 at 2:04pm. 1073 Views, 1 Comments.
New York State Mortgage Credit Certificate Program (MCC) is a new program for first time home buyers. With MCC, 20% of your annual mortgage interest can be converted into a tax credit and deducted from your Federal Income tax.
Example with a mortgage of $200,000 and an interest rate of 5.5% the mortgage interest paid in the first year is $10,933. With an MCC, 20% of interest can be converted to a direct tax credit, a savings of $182 per month, $2,186 per year.
More Information
Your Modern Farmhouse Has So Much To Offer At Mohonk View Lane
Wednesday, July 1st, 2009 at 11:41am. 679 Views, 0 Comments.
In Ulster County, not often found is a home with such rustic charm from an era long forgotten as is seen in the design of dramatic spaces and forms this Modern Farmhouse offers. Few structures elude such uniqueness that joins two legendary styles of cutting edge architecture and classic Hudson Valley farmhouse charm. Created with old- fashioned gable roofs and textures and shapes from the classic era this iconic farmhouse is a blessing to the upstate New York landscape and offers us memory of the lovely white houses we viewed on quiet country excursions in our youth.
This design was not for the meek at heart but yet for the passionate homeowner who is drawn to opportunities to discover while still experiencing feelings of…
Mortgage Update
Friday, December 12th, 2008 at 12:24pm. 644 Views, 1 Comments.
Rates are down to 4.875%*
What does that mean for buyers?
It means that the cost of buying a house just went down! Or, it means that a buyer can afford more of a house for the same monthly payment. I don't usually do math problems in these Mortgage Updates, but this situation screams for an example using real numbers. If a buyer was buying a house and getting a 30 year mortgage for $200,000 at 6.5%, the monthly payment would be $1,264.14. At a rate of 4.875%, that same $200,000 mortgage would now have a monthly payment of $1,058.42. That is over $200.00 a month less per month for the same loan amount! Another way of looking at it is that a buyer can afford more of a house for his or her money now that rates are lower. Let's pretend that a…Seller Tips - Preparing A Home For Sale
Wednesday, November 12th, 2008 at 2:33pm. 586 Views, 0 Comments.
Statistics show that buyers make up their mind about your home based on their first seven seconds of viewing!! Today you have to be the nicest home in your price range to attract buyers. In general, it's taking longer to sell a home, so they have to be priced accordingly and show extremely well. We also recommend removing some personal belongings such as photos and mementoes. The point is to depersonalize the space so potential buyers can see themselves in it. In addition, here are some great tips for preparing a home for sale: • Entrance Should Be Freshly Painted And Seasonally Decorated • Exterior Freshly Painted Or Power Washed • Windows Should Be Sparkling Clean • Exterior Plantings Trimmed And In Good Condition • Misc…
Real Estate Myths
Monday, November 3rd, 2008 at 3:24pm. 627 Views, 1 Comments.
All Real Estate agents are the same. Most Americans hold a driver's license. Does that mean that they all drive the same way? Real Estate agents and drivers are licensed by their state. But people drive differently, and real estate agents approach their jobs differently as well. Buyers and sellers should choose their agent carefully. Designations such as Accredited Buyer Representative, Senior Real Estate Specialist, Graduate Realtor Institute indicate a level of higher competence. Length of experience can also indicate a level of expertise. Another area of distinction is personal referral. Buyers and sellers may want to talk to family, friends and neighbors about their experience in real estate and obtain names of Real Estate agents to contact. A strong…