Rockland County New York Real Estate » Rockland county real estate

Creekside ~ 3BR – 1.5 Bath Condo

admin — Tue, 29 Jun 2010 19:12:22 +0000

THIS PROPERTY IS SOLD AND CLOSED.

Contact LInu Abraham: 845-300-8899 or (845) 352-3995 x 124 For your private showing..

Spring Valley

$274,900

Hurry to take a look at this fully updated 3 bedroom town house with hardwood flooring in all levels , new tiling on kitchen and bathroom, all new appliances and hot water heater. Cathedral ceiling , walk in closet , central air and lots to mention..Priced right for quick sale.

Walk to shopping and transportation.

So hurry and make offers.
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Contact LInu Abraham: 845-300-8899 or (845) 352-3995 x 124

Hamlets Condo ~ Vista 1BR 1 Bath ~ Pristine

admin — Tue, 23 Mar 2010 21:03:20 +0000

THIS PROPERTY ON KINGS COURT LOCATED IN VISTA of The Hamlets is now SOLD, but this will
give you an idea of what a one bedroom, one bath unit in Vista looks like. This one was a beauty.

$273,999:  Updates and Renovations:*   Freshly Painted
*   New Faucets*
*   New stainless steel appliances
*   New medicine chest in bathroom
*   New blinds/roman shades throughout the condo
*   Shelves put up in garage, office, laundry room
*   Finished office/den
*   Heat and air in office/den
*   Cable hookup in office/den
*   Hot water heater 1 year old
*   New light fixture in interior hallway
*   A/C compressor 2 years old
*   Carpets freshly steamed cleaned
*   Entire unit freshly painted
*   Abundant storage in unit, closets/garage/basement/crawl space
*   Walk-in closet
*   Hallway Closet with interior light
*   New deck
*   New front porch and steps
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Tour #2

Nanuet 3BR, 3.5 Bath Townhouse in Versailles $439,900 with Elevator

admin — Fri, 12 Mar 2010 08:57:14 +0000

THIS PROPERTY IS SOLD AND CLOSED.

Go here for lot of pictures of the Versailles Townhouse Development

Absolutely gorgeous, upgrades everywhere. Express Bus to NY City or Train for easy commute. Handi-cap accessible. Elevator (only 1 of 2 in the complex) Gated community. Gas fireplace, Elegant. Nine feet ceilings, Hardwood floors throughout. W-In Closet. Full master bath w/Jacuzzi and shower. Walk-out sliders to patio and full bath on LL Sec System, 2 car garage, central AC. See amenities section & fact sheet for more details.
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Gas Line for Grill.

2010 Rockland County Real Estate Condo Market Reports

admin — Sat, 27 Feb 2010 13:00:57 +0000

2010 Rockland Condo Activity 1.1. – 2.28

January & February

Condo Market Reports:

What you will be viewing
is a pdf.file.

The data is sorted into four (4) categories. All reports are prepared using statistics from The Greater Hudson Valley Multiple Listing Service.

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TRENDS IN 2010
Excerpt: The The housing market in 2010 is virtually guaranteed to be better than that of 2009. Sales will improve at the upper end of the market as banks’ view of non agency backed loans as less risky spreads. But rising mortgage rates across the board may create headwinds for sales growth as the economy recovers in late 2010. Regardless, the national market will likely achieve a higher level of sales volume, well below the heady days of 2006, but at a steady, more stable level of sales.
(source: GHVmls and Bankrate.com)

ECONOMIC OUTLOOK & HOME OWNERSHIP

Check Back Often For Updates

2010 Rockland County Real Estate Residential Market Reports

admin — Fri, 26 Feb 2010 13:28:19 +0000

2010 Residential Reports

January & February

Residential Market Reports:

What you will be viewing
is a pdf.file.

The data is sorted into four (4) categories. All reports are prepared using statistics from The Greater Hudson Valley Multiple Listing Service.

.

TRENDS IN 2010
Excerpt: The The housing market in 2010 is virtually guaranteed to be better than that of 2009. Sales will improve at the upper end of the market as banks’ view of non agency backed loans as less risky spreads. But rising mortgage rates across the board may create headwinds for sales growth as the economy recovers in late 2010. Regardless, the national market will likely achieve a higher level of sales volume, well below the heady days of 2006, but at a steady, more stable level of sales.
(source: GHVmls and Bankrate.com)

ECONOMIC OUTLOOK & HOME OWNERSHIP

Check Back Often For Updates

4 Bedroom, 2 Bath Home in Pearl River with Pearl River Schools

admin — Thu, 21 Jan 2010 19:34:26 +0000

THIS PROPERTY IS SOLD AND CLOSED.Contact LInu Abraham: 845-300-8899 or (845) 352-3995 x 124 For your private showing.. Pearl River ~ $519,899 Fabulous High ranch in Pearl River! Fully Updated with brand new Energy efficient Anderson wood windows. New baths, boiler and appliances. Spacious grand living room with bay windows and harwood floors throughout. Enjoy the warmth of cozy gas fireplacewith remote while watching your favorite shows. New gutters, remote garage openers, front loading washing machine and dryer. Award winning Pearl River schools. A rare find so hurry to see…Walk to shopping and transportation.

Contact LInu Abraham: 845-300-8899 or
(845) 352-3995 x 124

Video of Kitchen ~ Video of Rear Yard ~ Video of Bedroom

Long Term Rates Fall to Lowest Level in Five Weeks

admin — Fri, 13 Nov 2009 16:56:11 +0000

UPDATE: Nov. 13, 2009

LONG-TERM RATES FALL TO LOWEST LEVEL IN FIVE WEEKS.
30-Year FRM Below 5 Percent For Five Of The Last Seven Weeks
.

“Mortgage rates eased further over the week, helping to promote an affordable home-purchase market and stimulate refinance,” said Frank Nothaft, Freddie Mac vice president and chief economist. “This comes at a time when house price declines are moderating and consumer demand for prime mortgages at commercial banks has picked up.“The National Association of Realtors® reported that national median sales price of existing homes
fell 11.2 percent in the third quarter relative to the same period last year,. Moreover, almost 20 percent of the top metropolitan areas experienced

The Hamlets of Nanuet Market Report

admin — Tue, 07 Apr 2009 22:24:18 +0000

The Hamlets - All Properties Listed For Sale in 2009

The Hamlets - All Properties SOLD and Closed in 2009

THE HAMLETS OF NANUET MARKET REPORT

2009 Market Update

New City 4BR 2.5 One Owner Bi-Level Beauty

admin — Sat, 21 Mar 2009 01:24:05 +0000

Click the Photo For a Virtual Tour

$459,900

Improvements and some features at Glade Court, New City, NY 10956

Fully remodeled kitchen with all new appliances, granite counter tops,
8’ X 4’ Island with granite top as well as all new lighting (2005)

Renovated two smaller bathrooms (2004-2005)
Renovated family room with designer tile floor (removed wood paneling, put up sheet rock) (2003)
New moldings upstairs as well as the new crown molding in the master bedroom (2009)
New 6 paneled interior doors throughout including closets (2005 and 2008)
All new Pella windows upstairs (2008)
New Pella slider in dining room (2005)
New Garage door with new Garage Door Opener (2008)
New Utility Room Door (2008)
New Fire Prevention Door between Garage and Family Room (2008)
Replaced Wrought Iron Railing with Oak Railing (2004)
New Boiler (2009)
New Roof (2004)
New Central A/C System (2002)
Exterior Lighting under the Overhand in the front and on the deck (2005)
Hard wood floors refinished (2005)
Hot water heater (2006) not so sure of the year
16X20 deck
Attic Fan (2006)
Attic has floor for storage
Utility Room contains washer, dryer and sink.
Cabinets on walls in Utility Room for storage

ADT Security System

First Time Homebuyer Credit update

admin — Thu, 29 Jan 2009 17:06:06 +0000

First Time Homebuyer Credit May Become a True Credit and Not a Payback Deal

I thought this was a terrific article written by a fellow Broker/Owner Rick Hauser ABR GRI,
Managing Broker/Owner Hawthorn Woods , IL …

Thanks Rick for the opportunity to repost it.
___________________________________________________________________

Via Rick Hauser ABR GRI Managing Broker/Owner (Relocation Advisors Group Inc.):

Late yesterday – the House passed the $819 billion stimulus plan, which included a modified first time homebuyer tax credit. The Senate may vote on its version of the bill sometime next week.

The bill is changing the terms of the $7,500 tax credit that was issued as a part of the Housing Recovery Act, which Congress passed last summer.

Previous legislation required that the tax credit be repaid over 15 years, making it more of a no-interest loan. Not surprisingly, the measure had little impact on the market. The stimulus bill now under consideration would make that tax credit a true credit that doesn’t need to be repaid.

NAR estimates that there could be a 10% increase in home sales if it’s implemented – giving people who are sitting on the fence or who have inadequate funds for closing costs an incentive to act now. NAR thinks that a 10% increase would yield an extra half million sales this year.

To be eligible, buyers cannot have owned a home for the past three years, and the new home has to be used as a primary residence. The credit phases out as income rises above $75,000 for singles and $150,000 for couples, and disappears entirely at $95,000 and $170,000, respectively.

Applying for it is easy, or at least as easy as doing your income taxes. Just claim it on your return. That’s it. No other forms or papers have to be filed.

Both the Senate and the House versions of the new act remove the requirement that buyers repay the credit. The Senate bill applies retroactively to any purchase completed between January 1, 2009 and the end of August. The House version is also retroactive to the start of the year, and expires at the end of June. As long as buyers don’t sell for at least 36 months, they keep the money.

And the credit is refundable, meaning that it can be claimed even if the amount of the credit earned exceeds the buyer’s tax liability. So even if your total tax bill comes to just $5,000, you can still qualify for a full $7,500 refund.

THe theory is that First time buyers who purchase from existing homeowners free those sellers to trade up to bigger, better houses. But many exsiting homeowners are not trading up anymore.

Buyers should be aware that they won’t actually receive any refund for a home purchased this year until after they file their 2009 income taxes in April 2010.

Some argue that the credit is poorly targeted because it goes to every first-time buyer, not just the ones who wouldn’t buy without it. So, it merely provides a windfall for many people who would have purchased anyway. I believe that interest rates are still too high to stimulate things as much as they need to be stimulated. 6 months ago – there was talk that the government was going to figure out a way to get rates to drop in the 4.5% range or less. That hasn’t happened. Rates are still in the 5′s.

I believe that patchwork stimuluses in this multi-billion dollar package isn’t the answer – though this well help. Getting rates to drop is the answer – and answer that we’ve all been waiting for for a long time now.

The $7,500 tax credit, regardless of the details, does nothing to address the issue that’s holding some buyers back – the suspicion that prices are going to keep falling. That said – when we negotiate on a home for our buyer clients – we build in a large buffer factor for to cover that very issue. I’m having one of my busiest January’s in a long time…Though I kinow that other agents are suffering. My clients aren’t holding back at any rate…. I’ve written up a couple of purchase contracts this week – and we are in negotiations for some serious price-off…

I suggest that the government may want to think about making it available to all homebuyers, not just first-timers. And have the credit last through the end of the year, at least. But the biggest thing that could be done is to drop rates. As we all know – rates are inversely related to prices.