rockland real estate: Your Home's Value: A Positive Trend?
- 09/17/09 03:14 AM
As a realtor, and a Rockland County, NY resident, I am concerned about the value of my home, just like you are. I keep a close eye on real estate market trends, and negotiate hard for my sellers to keep all our house values up. Spotting trends early helps me respond quickly and effectively. In examining home sales statistics for Q2 2009 versus Q1 2009, I see more positive indicators than I've seen in quite some time. Hooray! Homes sold in Clarkstown and Ramapo each saw a close to a 3% increase in median sold price. Orangetown also had a healthy increase … (1 comments)
rockland real estate: Mortgage Pre-Approvals and First Time Home Buyers: Lesson Learned!
- 07/25/09 01:16 AM
In 2009, I've been working with a lot of first time FHA buyers in Rockland County who are looking to take advantage of the great deals on real estate and low mortgage rates to get into a starter home now. I think they are smart to do so! I'm careful when working with first time buyers to explain the home buying process as thoroughly as possible so that buyers know what to expect when buying a home in Rockland County. I always make sure buyers get a pre-approval, and refer them to several excellent local lenders if they haven't been pre-approved. If they come to … (0 comments)
The unique charm of this early 1900s cottage catches your eye as you travel down this quiet street. Its wide porch and wooden shutters bring to mind an era when people sat outside in warm weather and visited with passing neighbors. It is obviously a home that people have loved, and loved living in. The rustic interior delivers on the promise of the exterior, with stucco walls and hardwood floors. The updated kitchen adds a modern sensibility and includes high-end stainless appliances, granite countertops, … (0 comments)
rockland real estate: Renovated 1930's Gem in Garnerville, NY
- 02/26/09 02:36 AM
SOLD!July 17, 2009$270,00037 Ramapo Road, Garnerville, NYDirections: 9W North to Ramapo Rd.MLS#: 462114Bedrooms: 2Bathrooms: 1Acres: .23 acresYear Built: 1938, estimatedParking: 2 car garage, drivewayLocation: Garnerville, NYPrice: $289,000Your style is a single family house, but your budget dictates a condo. Don't compromise! Buy this stylish, updated 1930s cottage and get single family living for a condo price. Features include: Refinished hardwood floors, beautiful high-quality updates to kitchen and bath, detached two car garage, and a large, level yard. A three-season porch offers nice possibilities for extra living space or an office. Upstairs, the full, stand-up attic offers potential for expansion as a … (2 comments)
rockland real estate: Picture Perfect Cottage in Upper Nyack, NY
- 01/26/09 09:21 AM
Picture Perfect CottageBedrooms: 2Bathrooms: 1.1Acres: .10Year Built: circa 1904Parking: Off-street, 2 carsLocation: Upper NyackOffered at: $399,000 Picture yourself living in this adorable circa 1904 three-story cottage nestled on a hillside in a quiet Upper Nyack neighborhood. People who have seen it have delightedly exclaimed that it is "just like a doll house." Filled with charming old time details, it has been gently restored with updates including windows, kitchen appliances, electric and hardwood floors. A rarity for an affordable house in Upper Nyack, the cottage has terraced gardens and private fenced in yard, perfect for entertaining in warm weather. Having a bit of property … (4 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 12/13/2008
- 12/14/08 12:09 AM
The big news this week is the potential for interest rates for new mortgage loans to drop to the mid-4's. In theory, that should bring buyers who are sitting on the fence into the marketplace. Good news for sellers in Rockland County. (And buyers, too!) The mortgage professionals I've spoken with have said the number of calls they've received is up. It's too early to see if this will make any difference in the number of homes sold because takes a couple of weeks for homes show up under contract. The holidays are right around the corner, and many people are on … (2 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 12/6/2008
- 12/07/08 02:27 AM
Happy Week's End. Or Happy Week's Beginning, if you're more of an optimist! Once again this week, the active inventory of single family homes for sale in Rockland County NY is down -- by 10.6% since the end of October. Since last week, 77 listings or 6.2% of single family homes have expired, and fewer of them have relisted, indicating to me that homeowners are preparing for the holidays and will wait to put their homes back on the market until the spring. I'm hearing a lot of "waiting for the spring market" from both buyers and sellers. Buyers believe there will be better deals in … (1 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 11/29/2008
- 11/30/08 12:24 AM
This week, there was a 13% drop in the average sale price for single family homes in Rockland County -- a pretty significant decline. Taking a look at the numbers behind the average, I see that the justifiably lower priced homes are selling (I say "justifiably lower priced" due to condition and location). Several of these homes were foreclosures. The average sale price was 94.1% of list price, indicating to me that investors and bargain hunters are getting accepted offers. (The average sale price in my MLS this year is 94.8% of list. In 2007, the average sale price for the entire year … (0 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 11/23/2008
- 11/23/08 12:52 AM
The number of single family homes on the market in Rockland County, NY has declined by 9.5% since the end of October, in my mind signaling the beginning of the traditional holiday slow down. This decline in the number of homes for sale also underlines the importance of serious sellers getting on the market now, as there are serious buyers out there, and less competition means a greater likelihood that your house will get an offer. (I have a relocation client coming to town this week and there is only ONE house to show them that fits their needs!) Similarly, the number of … (1 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 11/16/2008
- 11/15/08 10:27 PM
The numbers held steady this week in Rockland County, NY. I've added a new report metric, Price Revisions. I think it's important to watch over time how many homes are undergoing price revisions because it helps anticipate a trend in sales prices over the upcoming three months. My strong sense is that in Rockland County, we have not seen the trough in the market in terms of valuation. Owners who want or need to sell in the next six to nine months would be wise to get their home on the market today, and make sure it's in the top 10% of … (2 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 11/9/2008
- 11/08/08 10:59 PM
This week's stats are pretty consistent with last week's. Of note for sellers, real estate in Rockland County is selling every day. You may be feeling that having your house on the market during the holiday season is a bit of a waste of time. Not true! Buyers are still out there during the holiday season, and serious buyers, at that. (One year I sold two houses the week between Christmas and New Year's.) If you need to sell, take heart, spruce up your house, and get real about your price! There is a buyer out there for you. Buyers: Banks … (1 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 11/1/2008
- 11/04/08 02:20 PM
This week, we see a bit of a decrease in the number of properties on the market in Rockland County, NY. Is this the start of the holiday market, which traditionally shows a slow down? Is the decrease related to the economy? Or maybe the presidential election? Or perhaps post-Halloween exhaustion? (As it is in my case.) Too soon to make a judgement. Here are the stats for this week:
Statistics from the Greater Hudson Valley MLS These statistics cover all of Rockand County. The statistics in your neighborhood may vary. If you'd like specific information about your neighborhood, please contact me … (0 comments)
rockland real estate: The Right Time to Buy a House?
- 11/04/08 01:29 PM
In past posts, I've written about how now is a great time to buy real estate in Rockland County, despite the negative headlines about the economy and the housing market. Real estate is a local marketplace. To understand the market where you live, you need to analyze local market data. I thought it would be helpful to provide insight from a respected local mortgage banker as to why he believes now is a favorable time to purchase a home in Rockland County. The following is from Bruce Salik, VP/Branch Manager of Metrocities Mortgage in New City, NY. As home prices become increasingly affordable … (0 comments)
rockland real estate: Rockland County Real Estate Market Snapshot Week Ending 10/25/2008
- 10/26/08 01:07 AM
Not much change in activity level when looking at the statistics in the MLS. However, anecdotal evidence from agents I've been talking to in different offices suggests that there is an increase in the number of showings listings are getting. Buyers are looking! If you would like more specific information as to what the real estate market looks like in your Rockland County neighborhood, please email me at jennifer.mallory@kw.com. Or feel free to call me at 845-323-6247.
Statistics taken from Greater Hudson Valley MLS as of 10/26/2008.
jennifer mallory | associate broker | "real integrity in real estate"keller williams … (1 comments)
If you are interested in finding out what is happening in your Rockland County NY neighborhood, please email me at jennifer.mallory@kw.com. Or call my cell phone at 845-323-6247 for quicker service. Numbers taken from The Greater Hudson Valley Multiple Listing Service. jennifer mallory | associate broker | "real integrity in real estate"keller williams hudson valley realty | 18 laurel rd, new city ny 10956 845.639.0300 x.119 | 845.323.6247 mobile | www.jennifermallory.com … (0 comments)
rockland real estate: Life Doesn't Stop for a Slow Economy
- 09/28/08 01:41 AM
My grandmother came of age in Elmira, New York during the Great Depression. Frugality was a cornerstone of her life; a habit that remained after the scarcity of those tough years was long behind them. As a child in the 1970s, I thought my grandmother's economies were hilarious. Why would she wash a piece of aluminum foil to save it for another use? There was more foil just in the cupboard! Now an adult with two kids to feed, clothe and educate, I'm facing the specter of an economic depression that could be as severe as the depression of my grandmother's … (10 comments)
rockland real estate: Toying with Selling Your Home, But Feeling Nervous?
- 09/03/08 02:03 PM
If you are toying with the idea of selling, then you may feel pretty low about the "gloom and doom" real estate headlines. I'm here to tell you, "Don't listen." Experts have said it all along, and it's worth repeating: Real estate is LOCAL. Not all markets are suffering. It takes a strong person to push aside the headlines, analyze local market data, and make an informed decision about the best timing for his or her particular home to hit the market. In 2007, home prices in Rockland County were stable, actually increasing a bit less than 1% from 2006. We … (0 comments)
As a realtor, and a Rockland County, NY resident, I am concerned about the value of my home, just like you are. I keep a close eye on real estate market trends, and negotiate hard for my sellers to keep all our house values up. Spotting trends early helps me respond quickly and effectively. In examining home sales statistics for Q2 2009 versus Q1 2009, I see more positive indicators than I've seen in quite some time. Hooray!
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