Real Estate Potpourri

There are currently 9 blog entries related to this category.

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

Thursday, January 7th, 2010 at 9:08am. 783 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.

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First Time Home Buyer Tax Credit Extended and Expanded!

Thursday, November 12th, 2009 at 9:03am. 924 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…

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New First Time Home Buyer Tax Credit!

Tuesday, September 29th, 2009 at 2:04pm. 1214 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

 

 

 

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

Wednesday, July 1st, 2009 at 11:41am. 786 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…

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Real Estate Myths

Monday, November 3rd, 2008 at 3:24pm. 717 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…

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Prudential Nutshell Eco-Broker Team Hosts Green Building Seminar

Monday, September 22nd, 2008 at 12:48pm. 641 Views, 1 Comments.

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…

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Bethel Woods Center for the Arts

Friday, May 23rd, 2008 at 9:34am. 7576 Views, 0 Comments.

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…

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

Thursday, April 3rd, 2008 at 2:24pm. 5887 Views, 0 Comments.

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…

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Welcome to Prudential Nutshell Realty's Blog

Wednesday, March 26th, 2008 at 5:36pm. 2215 Views, 0 Comments.

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!

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