Amazing Horse Farm For Sale in New Paltz New York, Views of Mohonk Mountain!

Monday, August 29th, 2011 at 9:24am. 159 Views, 1 Comments.

New Paltz is a fantastic and historical area. It was originally founded in 1677 by the French Huguenots. Huguenot Street, near the Wallkill rive have been named National Historic Landmarks. There are tours for all these houses, and it is really wonderful to just stroll about! New Paltz is located just next to Mohonk Mountain, with the lighthouse visible from town. The town is lively and always bustling thanks to the local university! It offers small town mountain living with the amentias of the city! So enjoy the area, it is only a 90 minute drive from midtown!

This gorgeous horse farm sits on seventy three acres, with absolutely pristine view of the Shawanagunk Mountain Ridge, and the Mohonk tower. New Paltz is conveniently located right off the thruway;…

Ulster County Real Estate Statistics for 2010 Part 2

Monday, March 7th, 2011 at 9:41pm. 229 Views, 0 Comments.

In our last installment we examined the Median Sale Price for residentially listed properties in certain areas of Ulster County, namely the City of Kingston, the Town of Saugerties and the Town of Woodstock.  We learned that not all Ulster County Real Estate reacted the same way last year.  Sale prices went up in the Town of Saugerties, went down in the Town of Woodstock and remained virtually unchanged in the City of Kingston.  All three areas saw a decrease in the number of units sold.  In this installment we’ll look at the Town of Lloyd, the Town of Marbletown and the Town of New Paltz.

The Town of Lloyd had a Median Sale Price of $211,000 last year compared to $214,125 in 2009, a decrease of less than 2%.  In the Town of Marbletown the Median Sale Price…

Ulster County Real Estate: Buying A Second Home / Condo In Ulster County

Friday, January 14th, 2011 at 6:16am. 381 Views, 0 Comments.

Ulster County Real Estate:
Buying A Second Home / Condo In Ulster County

One of the hot topics of 2010 that people are still asking is if buyers from out of the area are still purchasing weekend and second homes in Ulster County. The answer is, yes they are still buying second homes. Popular Ulster County Areas are throughout whether you are looking for a secluded cottage in the woods or a townhouse or condo with river views.
 
Many second home buyers from the Metro New York and New Jersey area have proudly called Ulster County their second home. 80 miles from NYC you can start your search for a weekend home in New Paltz. New Paltz is refreshingly unique, full of history and charm. Surrounded by many farms, orchards, and wineries. You'll enjoy the spectacular…

Ulster County Real Estate Statistics for 2010

Thursday, January 13th, 2011 at 8:46pm. 299 Views, 0 Comments.

Happy 2011 everyone!  Real Estate seems to be a constant topic of conversation when it comes to gatherings of all sorts.  Around the holidays it seems we get out more often and I hear people asking “What’s the market doing?”, “Are you Selling anything?”.  Maybe it’s because I spend a lot of time around people in the Real Estate business (my cross to bear) but all of my clients, past and present, are always interested. 

Ulster County Real Estate is a real puzzle.  Some areas/Townships show what could be deemed a comeback in 2010 when compared to prices in 2009 while other areas/Townships stumbled, let me show you what I mean.  The following statistics were compiled from Sold Residential Listings in the MLS of Ulster County, Inc..

The median sale price of a…

ULSTER COUNTY REAL ESTATE AT YEARS END

Monday, January 3rd, 2011 at 2:19pm. 327 Views, 2 Comments.

ULSTER COUNTY REAL ESTATE AT YEARS END

As principal broker and owner of the Murphy Realty Group, the past year has proven to be busy, challenging and exciting but I’m most proud to announce that our firm has become “The fastest growing real estate agency in Ulster County”. 

In fact, Murphy Realty Group has doubled its sales volume in 2010 over the prior year.  With the real estate market challenging every home seller and broker in our area, I am proud to say that we have incorporated a variety of aggressive marketing approaches to overcome the industry challenges and I feel we have been very successful in our endeavors.  The internet has become so widely used by potential purchasers that in order to market our clients listings to their full potential, it…

Ulster County Real Estate: Is It A Good Time To Buy

Monday, September 20th, 2010 at 10:46am. 387 Views, 5 Comments.

Ulster County Real Estate: Is It A Good Time To Buy

Is it a good time to buy Real Estate? YES, YES, YES!!!

The buyer in todays market needs to know that while we all hear things about the decline in todays economey, that market conditions could not be better for buying a home.

A low interest rate coupled with strong negotiation means substantial savings for the consumer. The main objective for a buyer today, needs to be finding a buyers agent who understands the local market conditions, and fully understands the needs of the buyer.

It is important to be prequalified with a local lending institution, your offer needs to have "teeth"  - that means that you are ready, willing and able to buy. It is also important that once you find a home, your buyers agent "comp…

Ulster County Real Estate: Housing market Good or Bad

Friday, September 3rd, 2010 at 11:34am. 364 Views, 1 Comments.

Ulster County Real Estate: Housing market Good or Bad?

In our current economic times, one hears that now is the time to buy a home. With historically low interest rates, and many new & different programs to take advantage of, this could very well be the best time to buy.

But, what about the first time home buyers who are not so sure about where they will be in 5 years? They want to buy, but are afraid to make a bad decision? The answer is a 2 family home... yes, a two family home. The market has so much to choose from, in terms of 2 or multi-family homes. The reason is this, getting a mortgage on a non-owner occupied home is very difficult with mortgage companies tightening their belts on income properties. But, the whole story changes if you are an owner…

Market Update for Ulster County Real Estate

Tuesday, August 10th, 2010 at 8:10pm. 267 Views, 0 Comments.

It’s natural that buyers and sellers alike would have an interest in where current market trends are taking us.  The general public has an interest as well.  As a real estate agent in Ulster County, New York, wherever I go, people always ask “How are sales?”, “Is the market picking up?”, “Are prices still dropping?”.  Although every property and market area are different, we can rely on statistics to help us get a general evaluation of what’s happening in Ulster County, as well as the rest of the state and the country.  The data collected by NYSAR for 2010’s second quarter shows 24,327 closings of single family homes, a drastic increase of 71% from the first quarter.  The month of June was of particular note with 11,230 homes sold, a new monthly record. …

Ulster County Real Estate: Featured Area - Saugerties

Saturday, July 24th, 2010 at 7:32am. 425 Views, 0 Comments.

Ulster County Real Estate:
Featured Area - Saugerties

Saugerties in 2009 was named one of the 10 coolest small towns in America by Arthur Frommer’s Budget Travel magazine, with the quote “Saugerties can feel so much like home for weekenders that some have made it official.”

One of those Cool places in Saugerties to live is the Subdivision of Barclay Heights. Why? It's still affordable and surrounded by couples, young and old, new families and families who lived in Barclay Heights since it was built in the 1950's. Yes, 1950's and still looking young due to the pride of ownership of its many homeowners.
 
I have the pleasure of just listing a 1800 plus square foot Barclay Heights Colonial home on .21 acres located on Highland Avenue. Click here to view. Listed…

Ulster County Real Estate: The End of the First Time Homebuyer Tax Credit

Thursday, April 22nd, 2010 at 9:26am. 416 Views, 0 Comments.

On Friday November 6th, 2009 the U.S. House of Representatives passed legislation which extended and expanded the $8,000 first-time homebuyer tax credit, which was approved by the Senate earlier that week.  A few days later this legislation which affected Ulster County Real Estate as well as Real Estate everywhere was signed into law by President Barack Obama.

The extended version of the First Time Homebuyer Tax Credit featured some important changes for Ulster County Real Estate.  Probably most importantly, the Income Limits to qualify for the Tax Credit increased to $125,000 for individuals and $225,000 for couples, up from $75,000 for individuals and $150,000 for couples featured in the previous legislation.  Additionally, a Tax Credit was added for…