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Land Sales in Today's Market, Snedens Pointe

By
Real Estate Agent with Better Homes and Gardens Rand Realty

The Rockland County Real Estate market has shown a nice increase in land sales recently. Several parcels in the southern end of the County have sold, and in Snedens Pointe in Palisades 2 more lots are on track to go Under Contract. In general there has been an increase in inquiries, and I have noticed that builders are starting to inquire about building on spec- which only a couple of years ago was something no builder was willing to do.

Perhaps the "tides are changing" as they say as the flailing  economy starts to shift ever so slowly. The spike in interest on the higher end of the real estate inventory has been a nice surprise. My inventory in the million plus category has had a huge increase in showings. Hopefully, this uptick in activity will lead to closings. The value is certainly there, if you have the cash, or if you are able to get financing.

Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

We work with a lot of land here in the North Georgia mountains. So your post was of interest to me. We are finding that there is an increased interest but financing still remains a big problem.

Nov 04, 2010 01:44 AM