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Archive for the ‘Real Estate Potpourri’ Category

Top 10 Cities to Get The Best Bang for Your Buck, Kingston NY

Thursday, January 7th, 2010

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.

cities bang for your buck affordable housing real estate investing

Tags: affordable housing, average sale price 2009, bang for your buck, cities, real estate investing
Posted in Around Town, Buyer's Guide, Market Chat, Real Estate Potpourri | No Comments »

First Time Home Buyer Tax Credit Extended and Expanded!

Thursday, November 12th, 2009

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 taxpayers or between $225,000 and $245,000 for joint filers.

 

Click here for more information

  

So what are you waiting for? Start your search now

First Time Home Buyer Tax Credit Extension

Tags: First Time Home Buyer Tax Credit Extension
Posted in Buyer's Guide, Market Chat, Real Estate Potpourri | No Comments »

New First Time Home Buyer Tax Credit!

Tuesday, September 29th, 2009

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

 

 

 

Mortgage Credit First Time Home Buyers New Program New York State Mortgage Credit Certificate Program MCC

Tags: First Time Home Buyers, MCC, Mortgage Credit, New Program, New York State Mortgage Credit Certificate Program
Posted in Buyer's Guide, Real Estate Potpourri | No Comments »

Your Modern Farmhouse Has So Much To Offer At Mohonk View Lane

Wednesday, July 1st, 2009

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 familiarity.  Created in the green design for efficiency and comfort this structure will make the great weekend getaway, a summer paradise or the location you call home 365 days a year.  Located on a pristine championship golf course, Mohonk View Lane is Ulster County’s premiere golf property. 

 

The 28-foot ceilings that highlight the extremely large living space are intended to leave even the most capable decorator in awe.  The huge sitting area is enhanced by a wooden fireplace that delivers visions of romantic excursions while at the other end the entertainment center awaits to offer you escape from the stress of a tiring day.  The large living room flows passionately onto two decks built for large outings graced by family and friends.  The view from each is equally breathtaking whether it is the picturesque view of the Shawangunk mountain range, the soothing farmlands or the 18-hole golf course that awaits your presence.  Although the decks are large and inviting they offer the utmost in privacy for those intimate moments we encounter.

 

Perhaps the jewel in this crown is the master suite, which is seemingly secluded from the rest of the home.  Not only does it offer a walk in closet fit for a Queen but a master bath area that could just as easily be mistaken for a spa.  The showers and toiletry spaces are secluded from one another while two his and her vanities are divided by a Japanese tub designed for soaking that is no less than 6-feet long and offers a window above for your relaxing pleasure. 

 

For more photos and information, please visit MohonkViewLane.com

championship golf course farmhouse modern Mohonk Ulster County view

Tags: championship golf course, farmhouse, modern, Mohonk, Ulster County, view
Posted in Real Estate Potpourri | No Comments »

Real Estate Myths

Monday, November 3rd, 2008

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 recommendation is to interview three agents before making a decision about who you want to work with.

If I wait long enough, I’ll find the perfect home. Buying a house requires knowing market conditions, knowing what you clearly want in a home, and being prepared to make a purchase decision. In today’s market, we often see wait-watchers. Buyers and sellers should work deligently with an agent who will assist them in moving toward their real estate goals.

Buying a house is as easy as negotiating price and signing papers. Buying or selling a home requires extensive knowledge of the market, negotiating terms, home inspection, attending to contract details, working with attorneys and title companies, etc. Real Estate agents move transactions from contract to closing.

If something appears on the inspection report, the seller has to fix it. Quite often buyers think that is something comes up on inspection, sellers must fix it. Real Estate agents should provide all disclosed information and assist buyers and sellers to make reasonable decisions about further negotiations. Generally, negotiation of inspection concerns should be limited to structural or dangerous situations.

Tags: Myths
Posted in Buyer's Guide, Real Estate Potpourri, Seller's Guide | 1 Comment »

Prudential Nutshell Eco-Broker Team Hosts Green Building Seminar

Monday, September 22nd, 2008

On Saturday, October 4, from 9-11 AM the Prudential Nutshell Eco-Broker Team will host Matt Bialecki speaking on sustainable design in architecture, Brian Nowitzki on renewable energy options for the homeowner, and Greg Eckert on green mortgages.  Complimentary refreshments from local farm stands will be provided courtesy of Centennial Mortgage.   The program will take place at Nutshell’s Stone Ridge office at 3056 Route 213 East, Stone Ridge.
Matt Bialecki, AIA, Architect will speak on Sustainable Design.

Mr. Bialecki’s work has often been featured in national publications and has won numerous awards from the American Institute of Architects (AIA) for architectural design and sustainable systems.   In addition to designing numerous local residences, Matt has designed many of the regional buildings you may know such as the Sam’s Point Conservation Center, Rock and Snow, and the New Paltz Railroad Station restoration.  Matt is active in community affairs and land use planning and conservation.  He has served on the Gardiner Town Board where he chaired the Town’s Zoning Committee which rewrote the Town zoning laws to protect the Shawangunk Ridge and promote open space conservation.   For over 20 years, Bialecki Architects has provided Architectural Design, Sustainable Design, Historic Restoration, Landscape Planning and Community Design services throughout the Hudson Valley.

Brian Nowitzki, of Hudson Valley Clean Energy will speak on renewable energy options for homes and businesses. 

In addition to some basics on how these options work to reduce our environmental impact, Brian will highlight the State and Federal incentives available to make these systems affordable and cost-effective.  HVCE is a full service solar electric, solar hot water and geothermal heat pump designer serving Ulster, Dutchess, Columbia, Greene, Putnam and northern Orange Counties.  With over 6 years experience in the renewable energy field, HVCE offers an informative look at the present-day engineering systems that support sustainable building in the Northeast.
Greg Eckert, Vice President of Centennial Mortgage Corporation will speak on the benefits of a “green” mortgages.

Greg Eckert is an experienced mortgage originator working in the Hudson Valley for the past 20 years. Centennial Mortgage Corp is a registered NYS mortgage broker offering a full range of mortgage products.  Various available energy efficient mortgage (Green) mortgage programs will be discussed along with paperless closing options. 
Prudential Nutshell Realty, established in 2002, is the fastest growing real estate firm in Ulster County.  Located in Stone Ridge, Prudential Nutshell provides professional real estate expertise and service to buyers and sellers throughout the Hudson Valley and New York Metro area.  For more information, or to register to attend, call Laurel Sweeney at 845-687-2200.  Seating is limited.

Posted in Market Chat, Real Estate Potpourri | 1 Comment »

Bethel Woods Center for the Arts

Friday, May 23rd, 2008

For years now, our local Ulster County Real Estate industry has enjoyed an influx of second home buyers choosing Ulster County as their “home-away-from-home”.  The majority of these “second home seekers” come from southern New York State, more specifically New York City. The primary reason for Ulster County being the area of choice for Urban New Yorkers is the short commute from New York City to Ulster County.  In addition, Ulster County is located centrally located providing access to a many Hudson Valley entertainment venues and culture making it a preferred destination among others within the 90 minute hop from Gotham.

A New Addition to Hudson Valley Entertainment

Bethel Woods Center for the Arts located a quick 90 minutes from NYC is a state-of-the-art performing arts venue located at the site of the original 1969 Woodstock Festival in Bethel New York.  The summer line-up at Bethel Woods is looking good.  Some of the artists scheduled to perform are: Cyndi Lauper, The B-52s, Rosie O’Donnell, Lynyrd Skynyrd, Ringo Starr & His All Starr Band, Billy Squier, New York Philharmonic, Chicago, Doobie Brothers, Steely Dan, Donna Summer, Steve Miller Band, Joe Cocker, Tony Bennett, Rascal Flatts, Taylor Swift, The Allman Brothers Band and much more.

The seating arrangement was well thought out offering a wide range of seating types and pricing making affordable to anyone.  Venue attendees have their choice from Orchestra seating or general admission which is lawn seating.  The lawn seating is obviously the less expensive option and allows concert goers to bring blankets and other items to make it a little more comfortable.  In addition it is possible to rent lawn chairs for as little as 5 bucks.

Contemplating Coming to Ulster County?

If you are a New Yorker and the thought of buying a second home has ever crossed your mind it is a good idea to check out Ulster County.  If you are unsure, it is a good idea to do a test run by leasing an Ulster County seasonal rental for the summer while exploring our area.  Falling in love with the Hudson Valley is almost guaranteed!

Bethel Woods Center for the Arts Woodstock Ulster County Hudson Valley Cyndi Lauper The B-52s Rosie O'Donnell Lynyrd Skynyrd Ringo Starr & His All Starr Band Billy Squier New York Philharmonic Chicago Doobie Brothers Steely Dan Donna Summer Steve Miller Band Joe Cocker Tony Bennett Rascal Flatts Taylor Swift The Allman Brothers Band

Tags: Bethel Woods Center for the Arts, Billy Squier, Chicago, Cyndi Lauper, Donna Summer, Doobie Brothers, Hudson Valley, Joe Cocker, Lynyrd Skynyrd, New York Philharmonic, Rascal Flatts, Ringo Starr & His All Starr Band, Rosie O'Donnell, Steely Dan, Steve Miller Band, Taylor Swift, The Allman Brothers Band, The B-52s, Tony Bennett, Ulster County, Woodstock
Posted in Real Estate Potpourri | No Comments »

Ashokan Reservoir and Rondout Reservoir, Two of Ulster County’s Most Beautiful Resources

Thursday, April 3rd, 2008

Ashokan ReservoirAshokan ReservoirHere in Ulster County, water bodies are abundant. We have over 36 bodies that are considered significant enough to be referred to as a lake or pond. Of those 36 lakes or ponds, 20 of them are used as reservoirs. Of the different types of reservoirs, the type that exist in Ulster County are “dam across a valley” reservoirs. This type of reservoir relies mostly on naturally formed features to effectively hold the water. The result is a beautiful body of water that not only supplies humans with drinking water but also contributes greatly to wild life habitat. The two largest and most popular reservoirs in the Ulster County area are the Ashokan Reservoir and the Rondout Reservoir that are owned by New York city and provide some of the water used to supply the city. Thanks to both the Rondout and Ashokan reservoirs, Bald Eagles have made a spectacular comeback from near extinction.

(more…)

Ashokan Reservoir Rondout Reservoir Beaver Lake Lake Minnewaska Mohonk Lake Onteora Lake Peekamoose Lake Stone Ridge Pond Sturgeon Pool Lake Sunset Tillson Lake Twin Lakes

Tags: Ashokan Reservoir, Beaver Lake, Lake Minnewaska, Lake Sunset, Mohonk Lake, Onteora Lake, Peekamoose Lake, Rondout Reservoir, Stone Ridge Pond, Sturgeon Pool, Tillson Lake, Twin Lakes
Posted in Real Estate Potpourri | No Comments »

Welcome to Prudential Nutshell Realty’s Blog

Wednesday, March 26th, 2008

This blog was designed to act as a communication hub for our website users to casually discuss real estate topics most important to them.  At Prudential Nutshell Realty, we find it important to connect with our customers in every way possible and hope this blog will provide yet another vehicle by which we respond to our customer’s needs.  To start off I would like to ask that you reply with a comment or question about a real estate related issue you would like to discuss. 

Happy Blogging!

Tags: hudson valley real estate blog, ulster county real estate blog
Posted in Real Estate Potpourri | No Comments »

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    • Top 10 Cities to Get The Best Bang for Your Buck, Kingston NY
    • First Time Home Buyer Tax Credit Extended and Expanded!
    • New First Time Home Buyer Tax Credit!
    • Your Modern Farmhouse Has So Much To Offer At Mohonk View Lane
    • Real Estate Myths
    • Prudential Nutshell Eco-Broker Team Hosts Green Building Seminar
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