Hello Dutchess County, NEW YORK!
The good/bad news for home buyers and home sellers...the home prices in NEW YORK state, have gained in value in the last month. Total Sales are equal to the same/similar values of the year 2001. This is great news for Home Buyers, to get into a home at lower values now, is fantastic! The bad news, is, we do not, nor can we predict how quickly the prices will escalate!
The bad news for HOME SELLERS, is that prices are back to 2001 values....on the other hand, it could be worse, it could be back to 1995 ! So we have to keep the silver lining in place...a situation can always be worse! On the other hand, we see that home values are beginning to increase!
2001 wasn't such a bad year! Also other great news to get BUYERS out there: The $8k has been extended! Also, the government is offering a $6,5k credit to current home owners, who decided to upgrade their homes, and purchase a new home. These end in April & June 2010!
Read on for the info on this article:
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