dutchess county real estate: Loan Modification Was Just A Band-aid For Some
- 08/07/10 12:58 AM
It was great that many homeowners who were teetering near financial collapse were able to get their banks to agree to loan modifications. Wait. Maybe it wasn't such a good plan for some. Many of these folks are falling behind again. According to a Bloomberg report in March 2010, 51% of loan modifications failed within 9 months. You can read the article in its entirety by clicking on the link below. http://www.bearishnews.com/post/3218 And, just today MSNBC reports - http://www.msnbc.msn.com/id/38603412/ns/business-real_estate More Homeowners Who Got Federal Mortgage Aid Fall Behind Apparently the Federal Mortgage Aid turned out to be just a band-aid. While previewing a house … (2 comments)
dutchess county real estate: Announcing - Carol Culkin Returns To The Century 21 System
- 05/14/10 07:38 AM
I am pleased to announce that I have recently joined Century 21 Alliance Realty Group, the #1 Century 21 independently owned office in Dutchess County, New York. I am excited to be returning to the Century 21 system and the leading brand in today's real estate market. As a Century 21 Sales Associate, I welcome the opportunity to professionally serve any real estate needs you may have and appreciate referrals from the many Realtors who I network with across the country. Please feel free to call upon me if I can be of service.
http://www.c21alliancegroup.com/index.htm http://www.dutchesshomefinder.com/ Century 21 Allaince Realty … (1 comments)
dutchess county real estate: MARKET REPORT: Dutchess County, NY - Town of LaGrange
- 04/09/10 12:53 PM
The Town of LaGrange in Dutchess County is a scenic Hudson Valley Community located approximately 75 miles north of New York City. LaGrange has long been attractive due to the close proximity to a major north/south route, and the bucolic, scenic countryside. The town is mainly a residential area with most conveniences located in nearby Poughkeepsie.
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dutchess county real estate: Dutchess County - No Longer A Declining Market
- 11/18/09 08:29 AM
Is there good news on the horizon for Dutchess County homeowners? Two mortgage representatives told me this week in separate conversations that the Dutchess County area is no longer deemed a declining market by the lenders they work for. One rep was specific to state that the term being used now to describe the local market is "soft." I don't think we'll see any robust changes in the near future. Up until now Dutchess County had been considered a declining market for the last 18-24 months. It may remain soft for some time., but this is a little better than declining. Have we hit bottom? Will the market turn around? … (3 comments)
dutchess county real estate: Unable To Pay Your Mortgage? - Where To Turn To In Dutchess County...
- 11/12/09 02:53 AM
Hardship is running rampant these days. Everywhere I turn as a real estate agent I hear stories that bring me to tears. Many people are experiencing financial problems, unable to pay their mortgage and getting deeper into debt. Some of my past and present clients have confided in me about the feeling of shame and embarrassment they have experienced. Rarely do they talk openly to others about their financial problems and will usually treat this like a dirty little secret. And, most people don't know where to turn. If you are experiencing financial hardship, the truth is that you are among many. Knowing this may not make you feel … (2 comments)
dutchess county real estate: Poughkeepsie Area Market Overview
- 11/12/09 01:31 AM
Local real estate statistics were recently published for October 2009. The market update below shows that closed sales and the number of purchase offers accepted are UP since last October, while the inventory of available homes for sale has declined. This is great news for sellers, and should serve as a caution for home buyers who are waiting to time the market. In fact, the average selling price has not even changed significantly since last year.
October 2009 Sales Statistics SINGLE FAMILY DETACHED Oct '08 Sept '09 Oct '09 1 Yr. Chg / % Closed Sales 131 136 155 UP 18% Average … (1 comments)
dutchess county real estate: Will The Home Building Industry Ever Recover?
- 10/29/09 03:54 PM
This was the million dollar question being tossed around the other day when I was talking with a home builder. I just started working with him to locate some foreclosed properties with the possibility that he will flip a few houses while he waits for the home building business to recover. Will it? ...Ever? This is one of two custom luxury home builders I am working with currently, both are considering flipping homes. They are both in a holding pattern while they are not getting requests for new construction and are afraid to build on spec because high end homes are … (5 comments)
dutchess county real estate: Town of LaGrange - Dutchess County, NY
- 07/12/09 08:48 AM
The Town of LaGrange in Dutchess County is a scenic Hudson Valley Community located approximately 75 miles north of New York City. LaGrange has long been attractive due to the close proximity to a major north/south route, and the bucolic, scenic countryside. The town is mainly a residential area with most conveniences located in nearby Poughkeepsie. LaGrange includes the communities and hamlets of Arthursburg, Billings, Freedom Plains, LaGrangeville, Manchester Bridge, Moore's Mill, Noxon, Red Oaks Mill, Rombout Ridge, and Titus. The town of LaGrange's name derives from the ancestral estate of the Marquis De Lafayette, who toured the area in … (0 comments)
dutchess county real estate: Poughkeepsie, NY - Information & Home Sales Statistics
- 07/05/09 08:35 AM
Poughkeepsie (pronounced /pəˈkɪpsiː/) is one of the original towns of Dutchess County. The county's first house was erected here by Peter Pieterson Lassen in 1688, where its footprint can be observed in Bowdoin Park. Poughkeepsie, founded in 1687, lies on the east side of the Hudson River, halfway between New York City and Albany. Poughkeepsie has a number of notable institutions for arts and entertainment and is the home of two state-of-the-art hospitals, St. Francis and Vassar Brothers, both with heliport facilities. Vassar College Distance to New York City: 81 MilesMetro-North Commute to Grand Centra: From Poughkeepsie Station - 107 minutesArea: 31.2 square … (2 comments)
dutchess county real estate: Dutchess County Is The New Up & Coming
- 06/05/09 01:03 AM
I must admit, I was not too impressed with Poughkeepsie when I first moved to the Hudson Valley from a large Metropolitan city in the Midwest. That was 10 years ago. How things have changed. Could it be that this town sort of grew on me, or is it the transformation that has taken place over time which makes me like this place more? Okay, maybe it's a little bit of both. Perhaps I was a bit shallow back then too. As I remember, I was first disappointed because there wasn't a Starbucks and yet Dunkin Donuts was everywhere. Eventually, Starbucks found Poughkeepsie and the neighboring towns of … (4 comments)
dutchess county real estate: Dutchess County - Purchase Offers Are UP 27% From This Time Last Year!
- 05/05/09 06:21 PM
Think it's a buyer's market in Dutchess County? Think again. Here's the late breaking news from The Mid-Hudson Multiple Listing Service. The numbers released today show that purchase offers are up 27% from this time last year. The average number of days on the market is down by 7 days from March 2008. This is another subtle indicator that the local market is picking up. Buyers who have been waiting might now be finding themselves very disappointed. While prices have fallen considerably and interest rates are at an all time low, the market has started to shift a little and some agents are even reporting … (5 comments)
dutchess county real estate: Dutchess County Golf Courses - Have Fun, But You Won't Find Me There!
- 04/17/09 04:38 AM
Spring is in the air! The start of golf season is upon us. For all the golf enthusiasts out there, Dutchess County has sixteen public golf courses that will appeal to the seasoned golf pro or the eager beginner. Two are among the oldest in the country, two are designed by Robert Trent Jones, Sr. and one is an Irish links-style course. For more information - click on this link http://www.golfable.com/golfcourses/county/Dutchess_County_NY Just don't expect to see me on a golf course. I've tried it, and it's just NOT my game. I actually have my own set of clubs. I remember the day when I bought them, … (6 comments)
dutchess county real estate: Dutchess County Homes Sales Are Picking Up!
- 04/10/09 06:03 PM
The Poughkeepsie Journal reported this week that the real estate market in the Mid-Hudson Valley is beginning to pick up pace. In March, accepted purchase offers rose 27.2%. Homes sold faster in March 2009 compared to a year ago with the average days on the market decreasing by 7.7 percent to 120 days. One local broker had been quoted for the article to say "new federal first-time home buyer tax credit of up to $8,000, combined with mortgage rates at 5 percent and even below, are the keys". http://www.poughkeepsiejournal.com/article/20090408/BUSINESS/904080323/1003/NEWS11 Personally speaking, my office recorded almost twice the amount of listing appointments this week compared to 3 weeks … (3 comments)
dutchess county real estate: Dutchess County Stats
- 02/05/09 05:39 AM
Hello Dutchess County Home Buyers! Are you there? I know that a lot of you see the national news reports on TV and think the bad news about the housing market is a measurement of what's happening right here in Dutchess County, NY. But, don't be fooled! HERE"S A FACT: JANUARY 2009 was the first month in many when the average sales price had not decreased from 1 year before. So, If you snooze you may lose. Need proof the local market is a good one to invest in? Well, here in the chart below you will see that people ARE confident in investing in real estate in the Dutchess County … (5 comments)
dutchess county real estate: Manhatten Housing Prices Up 18% - Go North!
- 05/22/08 01:52 AM
With so much doom and gloom about the housing market these days , I am at least reading positive reports about Manhatten housing prices being up. In the first quarter of this year, the median price for a Manhattan home rocketed up 18%, to $872,000, compared with the same period last year, according to an April 17 report by ResidentialNYC.com. This being said, there's a quieter and slower pace just a little over an hour asway where a home buyer can find some great deals. In Dutchess County. there's always been an influx of NY City commuters buying into more affordable lifestyles. For those who prefer not to commute … (3 comments)
dutchess county real estate: Buyers: Don't Underestimate Your Time Frame!
- 05/21/08 03:17 PM
When planning to purchase a home to coincide with a particular date such as the expiration of a lease, or the sale of another home - it is important that a buyer understands the importance of a well thought out time frame. Just how long the home buying process might take depends on many factors. A home buyer should consult with a real estate agent to determine what the average time frame is for the locale. A buyer cannot assume when moving from a state where the typical home sale closes in 4 weeks that it is the same way all over the country. First time home buyers often make the mistake of underestimating … (5 comments)
dutchess county real estate: Relocating To Dutchess County?
- 02/24/08 12:53 PM
Living in Dutchess County provides a wonderful balance of lifestyles. You will enjoy two distinct worlds. The closeness to New York City will fulfill the fast paced metropolitan desires while you live in the relaxing bucolic country setting you will come to know as home. Mid-Hudson Multiple Listing Service is the premier computer information system for real estate in Dutchess County. The public website gives buyers the opportunity to learn search for their Dutchess County dream home. To search for your dream house you can enter the Mid-Hudson Multiple Listing Service public website by clicking on the link below: http://www.homeseekers.com/scripts/search.asp?_city_nm=Oakland&_org_id=MIDH Or, click here for real estate sales statistics: http://www.mydreamhouse.com/stats2.htm And, … (0 comments)
It was great that many homeowners who were teetering near financial collapse were able to get their banks to agree to loan modifications. Wait. Maybe it wasn't such a good plan for some. Many of these folks are falling behind again. According to a Bloomberg report in March 2010, 51% of loan modifications failed within 9 months. 
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