Jennifer Fivelsdal, Rhinebeck NY

Hyde Park presently has about 135 properties listed for sale. During the month of September there were only 5 sales a drop from the previous month which had 13 sales. Most of the homes on the market falls between the 100's-400's range so there are many buying opportunities.

With such high inventory level I will give Hyde Park sellers the same advice I have given to other sellers, price right, stage and most of all provide access.

The existing properties ranged from $ 9000- $ 3,200,000

GROUNDS AT FDR LIBRARY

****Data for this report obtained from the MidHudson MLS System.

BY: Jennifer Fivelsdal Associate Broker, Keller Williams Realty Team - jfivehomes.com 845-758-6842 Email

Tonight I attended a performance at the Frank Gehry designed Richard B. Fisher Center For The Performing Arts at Bard College.

To tell you the truth I was rather skeptical when I was told the dancing would be done on the roof. Now  when you take a look at the roof you will see just what I mean.

To me this looked like it would be sucidal however by the time the performance came to an end I had changed my mind, yes I can admit it, I really enjoyed it especially when the dancers did a piece which reminded me of riding on a train.

This performance is known as Rapture and was specially choreograph by Noemie Lafrance for Bard College.  There are still 2 performance left this weekend, 7:00 PM on Saturday and Sunday.

I was a bit annoyed with myself for leaving my video camera home but I was able to record a short clip on my regular camera, so enjoy this short video.

Courtesy: Jennifer Fivelsdal Associate Broker - keller Williams Realty Team - 845- 758-6842 - Email

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With less than 3 months until the end of the year Red Hook sellers have much to ponder. At this moment there are 79 homes available for sale in the town, and 5 in the village. In 2007 63 homes sold in the town and 3 in the village. To date only 37 homes have sold, therefore to match last year's numbers 29 homes would have to be sold in less than 3 months. Even if this was achieved there would still be a year's worth of inventory left over.

I won't kid you, this has been a challenging year for many. Who would have imagined that words like credit squeeze, short sales, foreclosure and bankruptcy would have become a part of our everyday speech?

So Red Hook home sellers here are a few questions I would like you to consider.

• Why is your home on the market? And how motivated are you to sell?
• If your home has been on the market a while, have you made the appropriate price adjustments?
• Have you kept up with what is happening in the local real estate market by reviewing market reports, keeping abreast of what your competitors are doing to gain a competitive edge?
• Could your home benefit from home staging to make it more marketable?
• If you are relocating did you know other markets also have high inventory?so if you can't get the price you would like on your Red Hook home it is possible you could get a bargain where you are relocating to?

The existing properties ranged from $ 67,000- $ 2,400,000 with the majority priced under $400,000

****Data for this report obtained from the MidHudson MLS System.

BY: Jennifer Fivelsdal Associate Broker, Keller Williams Realty Team - jfivehomes.com 845-758-6842 Email

There is just one quarter left in the year and many sellers are hoping that their property will get sold by year end.

In 2007 37 homes sold in the town of Rhinebeck; so far this year 23 have sold, therefore in this quarter 14 houses would have to be sold to match the 2007 numbers. In the village there were 22 sold in 2007 and to date 13 have sold which also meant 9 sales would be necessary to match last year.

As can be seen from the report below there are about 56 homes available in the town for sale and 29 in the village. Based on an analysis of prior years it is safe to say many of these will not close by the end of the year.

The existing properties ranged from $159,900 - $6,900,000

So what should a buyer do?

• Since this is the last quarter there are sellers who will want to sell before year end, so this would be a good time to look for a home I am sure there are many negotiating opportunities.
• If you are thinking of buying remember one of the first thing you need to do is to get pre-approved. With the present financial crisis the recent buzz is to try your local lenders.
• Find a Realtor who will look out for your interest, consider an Accredited Buyer's Representative (ABR)
• To get the best out of the relationship you should see your Realtor as a valued partner.
• If you are a first time buyer make sure to ask your lender or agent about programs that could benefit you.

The picture above is of the Old Rhinebeck Aerodrome which is a museum with one of the largest collection of older planes thus it is a popular tourist attraction in the area.

****Data for this report obtained from the MidHudson MLS System.

BY: Jennifer Fivelsdal Associate Broker, Keller Williams Realty Team - jfivehomes.com 845-758-6842 Email

Hardscrabble day was held on September 20th and we were delighted that the weather was just perfect, since most of the events were held outdoors

It is my belief that a picture is really worth a thousand words so I prepared a virtual tours and a couple videos to give you an idea of what it was like.

I am sure the community would also want to join me in thanking the Red Hook Chamber of Commerce and the Hardscrabble committee; yes you did an awesome job.

To find a home in the Mid hudson or to find out what your home is worth click a buttons below.

Jennifer Fivelsdal - Keller Williams Realty Team - 845-758-6842 - www.jfivehomes.com