Dutchess County - No Longer A Declining Market

By
Real Estate Agent with Diamond Partners Inc 00244377

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?  Nobody has a crystal ball to really know for sure. 

All I can say is that I have the statistics to back up what I was told.  Something is changing and I think it's for the good, at least for homeowners. and perhaps not so good news for buyers still sitting on the fence.  Click here to take a look at the market summary I posted a few days ago.  Poughkeepsie Area Market Overview .

Posted by

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Carol Culkin - REECENICHOLS REAL ESTATE

Carol Culkin - Licensed Real Estate Salesperson for ReeceNichols Real Estate, is your source for real estate in Overland Park and the bordering cities of Leawood, Olathe, Mission, Miriam, Lenexa and Shawnee, Stillwell and Spring Hill. Carol has been ranked as an award winning agent and offers her clients over 10 years of real estate experience.

PROFESSIONAL AFFILIATIONS, DESIGNATIONS AND COMMUNITY INVOLVEMENT:

Member of National Associations of Realtors®, Member of Kansas Associations of Realtors®, Member of Kansas City Regional Associations of Realtors®, Member of Heartland Multiple Listing Services, Accredited Buyer's Representative (ABR), Seniors Real Estate Specialist (SRES), Red Cross Volunteer - Greater Kansas City Chapter, Supportor of Cross-Lines Community Outreach.

 
 

ReeceNichols Real Estate

8001 College Blvd Suiite 100

Overland Park, KS 66210

Office: (913) 451-4415
Cell: (913) 333-8310
   
 http://www.overlandparkhomelocator.com/  
 

                                 

 

Comments (3)

Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Soft sounds is much better than declining.  Perhaps the word will get out and people will be encouraged a bit.

Nov 18, 2009 08:59 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Carol

That good news, your market in headed in the right direction.

Good luck and success.

Lou Ludwig

Nov 18, 2009 11:54 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Maybe "soft" Carol is one rung up the ladder from declining, so that is a positive.

Nov 18, 2009 12:31 PM