real estate: Why Some People Rent Instead Of Buying A Home - 06/06/11 11:05 PM
Today there are many reasons why people are renting instead of purchasing a home. With the present economy, for many it is not a choice but a last resort.
Many of the people now renting would prefer to own a home; actually some did, but were foreclosed on or had to go the short sale route.
In today's market credit has tightened and many don't have the credit score or down payment to qualify for a loan.
Recently I have also noticed more incidents of separation or divorce. In such a case one are both parties can no longer afford a house … (13 comments)
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real estate: Do you look below the surface? - 05/28/11 11:44 PM
Do you look below the surface?
You might be wondering what an unopened Iris has to do with looking below the surface. Well if you have been in real estate for sometime you would have noticed how some homebuyers are able to look beyond the clutter or disrepair, and identify a great buy or even that dream house. Sometimes even you the real estate agent might not be able to see it.
The buyer goes ahead with the purchase and you watch the progress month after month and then a beautiful house emerges and it is still hard … (6 comments)
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real estate: Red Hook New York Real Estate Market Report for November 2010 - 12/09/10 08:52 PM
Red Hook New York Real Estate Market Report for November 2010
In Just a few weeks 2010 will be a mere history. It was interesting looking back at the Red Hook market report for November 2009. There were actually the same number of sales (4) but that was where the comparison ended. The range of the homes sold in November 2009 was $150,000-$400,000 with an average sale price of $236,500. Fast forward a year and the number of homes sold in Red Hook NY in November 2010 was also 4 with price ranging from $362,300-$2,900,000 with an average sale of price … (5 comments)
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real estate: 47 Colonial Drive Red Hook NY Colonial Home For Sale - 08/03/10 11:01 PM
Real Estate Red Hook NY-New on the market 47 Colonial Drive, Red Hook New York.
Priced at: $420,000
Listed by: Jennifer Fivelsdal of JFIVE Homes Realty LLC
In the market for a colonial in Red Hook NY? This spacious 4 bedroom colonial on almost one half acre of nicely landscaped property is just what you are looking for. Special features include French doors separating rooms on the first floor, all wood flooring and in the kitchen you will find tile floor, oak cabinets and fine quartz countertops. The large fireplace in the living room is perfect for relaxing or entertaining ,but, if you are in the mood … (11 comments)
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real estate: A Year Has Gone By And My House Did Not Sell - How Come? - 12/19/08 04:05 PM
A Year Has Gone By And My House Did Not Sell - How Come?
Due to the nature of real estate (most of us need to live somewhere) many properties sold this past year, although not as many as a few years ago. The market this year has presented many challenges, such as, the credit crisis, and both resales and brand new homes had to compete with foreclosures and short sales.
So how did some sellers manage to sell in this market? Here are a few tips:
They made sure their property was priced correctly right from the very beginning. They were more aware … (27 comments)
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real estate: How important is the Attorney in your real estate transaction? - 11/15/08 08:17 AM
How important is the Attorney in your real estate transaction? I know that in many states an attorney is not a big factor in a real estate transaction. However in the state of New York an attorney is very much a part of the transaction
When seeking any type of service it is common to ask for referrals from friends family or other professionals. Choosing an attorney is no different. Many attorneys have a specialty. It is usually a good idea to use an attorney who specializes in real estate.
Why it is important to have the right attorney
Using an attorney who understands the … (14 comments)
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real estate: Rhinebeck NY Real Estate Market Report for September 2008- What the numbers reveal - 10/03/08 07:18 AM
Rhinebeck NY Real Estate Market Report for September 2008- What the numbers reveal
There is just one quarter left in the year and many sellers are hoping that their property will get sold by year end.
In 2007 37 homes sold in the town of Rhinebeck; so far this year 23 have sold, therefore in this quarter 14 houses would have to be sold to match the 2007 numbers. In the village there were 22 sold in 2007 and to date 13 have sold which also meant 9 sales would be necessary to match last year.
As can be seen from the report below … (6 comments)
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real estate: Maybe You Should Have Listened To the Advice Given By Your Agent - 05/15/08 09:49 PM
Maybe you should have listen to your agent
I am sure by now everyone knows that to conduct real estate transactions in New York State an attorney is usually involved.
It is also a fact that there are many specialties within the legal field. So, if you are buying are selling real estate you would want to choose a lawyer skilled in this area. It is similar to if you have a medical problem you would want to use the physician with the specialty that would address your illness.
As real estate agents, one of the services we provide is making clients … (35 comments)
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real estate: Do you do a thorough walk through before closing? - 03/07/08 10:08 PM
When I was new to real estate, I was sitting at the closing table when the buyer leaned over to tell me that at the walk through she had discovered that under the beautiful rug in the living room there was just plywood, yes plywood. This was such a shock to me. I think this was my second listing, the rest of the room had such beautiful flooring, it never crossed my mind that I should have looked under the rug. Thankfully the buyer was very nice and did not make a big deal about this.
I was thinking about this and I … (22 comments)
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real estate: Dutchess County New York Please Welcome Keller Williams Realty Team - 02/21/08 12:34 AM
Back in November, I wrote a post informing everyone I had switched to another real estate company. Yes, I decided to join Keller Williams Realty. However, the nearest office was located in Yorktown. I was fully aware that the Dutchess County office was incubating out of Yorktown and it would only be a matter of time before there would be a local office.
Over the last few months I have been asked about my commute to Yorktown which gave me the opportunity to tell everyone I met in my marketplace that real estate has been transformed; not many agents go into offices … (20 comments)
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real estate: Real Estate Buyers - Is Information Overload Holding you Back? - 02/18/08 12:18 AM
Over the past year, with the real estate market sliding in many places and with the econony in general going south, the consumer has been bombarded by information on the real estate industry. It seems like everyone and his uncle has an opinon. Sadly, some of this advice is conveyed through the media, at times, by people who have no idea what they are talking about. No wonder real estate buyers feel so overwhelmed. My advice is to not allow this glut of (sometimes poor quality) information to be a stumbling block. Here are a few things to keep in mind:
Real estate markets are truly … (11 comments)
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real estate: Rhinebeck Gift Baskets - Baskets For All Occassions - 02/12/08 08:46 PM
It is with great pleasure that I showcase small businesses in my marketplace. Since various occasions for buying gifts happen all year long I wanted to bring the Rhinebeck Gift Basket online store to your attention.
These days we are all so busy that we don't always have time to shop. So, it's good to know that you can, from the comfort of your home, buy a gift basket on-line - even at the last minute. There are may types of gift baskets to select from for almost any occasion you can think of. They make great gifts for your clients.
The site is … (5 comments)
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real estate: Dutchess county Market Report December 2007 - 01/21/08 11:21 PM
The trend of falling median and average price continued into December. It would take over a year and four months to clear the present inventory. This market continues to experience a slow down in new construction, lots of resale to choose from however we are seeing an increase in short sales and foreclosures. With this in mind it is still a good time to purchase as long as you have good credit and can secure a mortgage.
Breakdown of the numbers for single family detached
Median Selling Price - $310,000 a decrease of 11.4 % from December 2006
Average Selling Price - $402,267 a decrease of 2.4 % from December 2006
Closed sales - 149 … (7 comments)
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real estate: We Appreciate AR -ActiveRain Year In Review - By Jennifer Fivelsdal - 12/31/07 06:45 PM
I thought about taking this post in several directions but in the end I decided to keep it simple.
The purpose of this post is to thank the leadership of ActiveRain. As a real estate agent I know the importance of a testimonial so what better testimonial could be given to the leaders here than the comments from the members.
It is also my hope that these comments will inspire new members to take blogging seriously, realizing it is not just for fun but can have a positive impact on their business.
First, I want to introduce Poppy Dinsey. She is the only … (55 comments)
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real estate: Petro Oil Providing heating oil to the Mid Hudson Valley - 12/16/07 09:33 PM
Earlier this week I was going through a pile of paper on my desk. One of the flyers was from a local heating oil company offering their services to Realtors.
Because of the price of heating oil I wanted to know more about what they had to offer so I could pass on the information to my clients. Well today Shawn Scianna the territory manager for Petro Oil returned my call.
Petro Oil has been in business for over 103 years and this particular office provides service to Dutchess, Putnam and Northern Westchester counties.
Mr. Scianna told me they offered inspection of heating … (13 comments)
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real estate: Is relocation in your future? - 11/11/07 05:18 PM
This morning I read a post by Sharon Simms welcoming back to Florida the Northerners who escape the cold winter each year. I personally have friends who are among this group and I really hate to see them go.
I have had many conversations with people who have gotten tired of the cold weather and related chores and are now contemplating a move to a warmer climate.
As a Realtor I use the opportunity to let them know, how I can help them find a place in any part of the country while helping them with their real estate needs right here.
How am I able … (8 comments)
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real estate: One Of A Kind Stone Ranch in Amenia - 11/08/07 12:02 AM
… (3 comments)
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real estate: It's the Time of the Season... - 10/28/07 06:56 PM
In some parts of the country the season plays a bigger role in our everyday life. In Dutchess County New York where I live, the seasons are very distinctive and they affect the way we dress as well as our recreational activities.
The changing seasons also affect the way we market properties. On many occasions prospective sellers will give me photographs of their house; ones they feel would show the house in the best light.
My feelings on the matter are to show the house in a setting that reflects the present season. We all know how we feel about a listing that has a … (16 comments)
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real estate: Dutchess County Market Report September 07 - 10/18/07 12:13 AM
Sun setting over the Hudson River as seen from Norrie Point, Statsburgh, NY
DUTCHESS COUNTY MARKET REPORT
SEPTEMBER SINGLE FAMILY DETACHED
Average Price $ 428,117 a 4.5% increase over September 06
Median Price $ 340,000 a 6.8% decrease over September 06
Closed Sales 143 a 16.4% decrease over September 06, at that time 171 units were closed
Days on Market 113 a 5.6 % increase
Purchase offer at the beginning of month was 116 a 8.7% reduction over September 06
An increase was also noticed in the number of listings available at the beginning of the month - 2254 a 2.4%
Back in August there was a slight increase in the median price, since then it has fallen 6.8% this … (5 comments)
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real estate: Dutchess County Real Estate Market Report August 07 - 09/16/07 08:29 PM
August again saw a drop in sales of single family detached homes. At the same time there was an increase in both inventory and days on the market.
On the other hand Condos and townhouses saw increase in the number of units sold and a reduction in the number of days on the market which does indicate that more people are buying these types of properties, and the sales are happening faster. One reason for this could be these units are more affordable than single family detached properties.
General Montgomery House Rhinebeck, NY
MARKET REPORT
AUGUST SINGLE FAMILY DETACHED
Average … (10 comments)
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