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poughkeepsie homes for sale: Will REO Inventory Finally Pick Up? - 02/07/12 01:17 PM
I read the article below, this may explain the excessive drop in REO listings in NY. Perhaps once these settlements are comlete things can finally get back to normal. We need to clear out the backlog of REO properties before this market will stabilize.
From HousingWire:
More than 40 states to sign foreclosure settlement
More than 40 states will sign a settlement with the top-five mortgage servicers over alleged foreclosure abuses that arose more than one year ago, Iowa Attorney General Tom Miller said in a statement Monday night.
Last week, Miller extended the deadline to Monday for states wanting to … (1 comments)
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poughkeepsie homes for sale: Market Update - Dutchess County NY - 09/30/10 11:06 AM
Here is the latest market stats for Dutchess County NY:
As you can see the market has taken a strong decline. Sales are down, selling prices are down, days on market is up. The statistics were similar for July as well. Most of this can be accounted for due to the First Time Home Buyer Credit which expired earlier in the year. It altered the natural supply and demand. Unfortunately it appears as if the banks have begun adding more REO inventory to the market due to the high default rates. This will keep this artificially bad market moving in … (0 comments)
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poughkeepsie homes for sale: It Must Be Shown In Order To Sell! - 08/23/10 10:11 AM
I'm sure this has been written about before but I just felt it's worthy of another blog post. I was working with a client from out of town this weekend. They drove in to look at 11 properties. Unfortunately 3 of the eleven could not be shown. Here were the reasons:
The owner must be home for all showings. He works weekends and wouldn't allow his agent to show it. There is no lock box on the house and the agent (who has the key) is out of town for a week. The property is currently being rented and the tenants didn't … (3 comments)
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poughkeepsie homes for sale: 4 Bedroom Colonial - Wappingers Falls, NY 12590 - 07/17/10 09:26 AM
Foreclosure!
• 3,040 sq. ft., 3 bath, 4 bdrm colonial - MLS® $429,900
Wappingers Falls, Dutchess County - **Foreclosure**Attention buyers, this sizeable Colonial is in need of your love. With a little TLC you can make this your dream home. It offers a fireplace, deck, finished walk-out basement with a wet bar and full bathroom. Perfect for entertaining. Sold as-is.
visit www.CurtDarragh.com for more information.
… (0 comments)
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poughkeepsie homes for sale: To Advertise Listings On Active Rain or Not? - 07/08/10 11:05 AM
I logged in this morning and clicked on blogs, wanting to see what's new with my friends in the world of Real Estate. What I found was 3/4's of the posts were listings. I'm not all that active with blogging, if I have something I want to share (or get off my chest on occasion) I'll post here on AR. I have a seperate blog on my website which I also post real estate related posts as well as my new listings. But I'm no blog addict, I typically don't post more than once or twice a month (not including listings)
… (5 comments)
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Curt Darragh
Poughkeepsie,
NY
More about me…
Legacy Land & Homes, LLC
Address: 23 Orchard Park, Poughkeepsie, NY, 12603
Office Phone: (845) 206-9462
Cell Phone: (845) 518-7526
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