Hudson Valley Real Estate / Local Market Reports

Hudson Valley Real Estate Projections for 2011

The World Is Flat

Our world , that means our Real Estate market in Ulster and Greene Counties of New York.  That is good news and the figures back it up, yearly figures from the past two years are showing a minimal 1% decrease in the sales price of single family home from 2009  to  2010. We can safely say we are out of the free fall we have felt for the last 4 years. The first quarter of 2011 is almost finished and the good news is we are seeing a significant change in the consumers price range. Last year the first time homebuyers flooded the market, this year the more affluent folks are putting down cash and are coming out of the woodwork. I predict that we will see about the same volume but the amount of sales will be slightly lower.  Stay tuned for the actual numbers which should be hot off the press in a few weeks, I’ll keep you posted

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s