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Kevin Clancy Albany New York Real Estate Broker

Extension and expansion of $8,000 home buyer tax credit will help Albany NY Real Estate

The good news is that congress has voted to extend and expand the existing $8,000 Home buyer Tax credit program until May of 2010. The new program has also been expanded to provide up to $6,500 in tax breaks to existing homeowners that have owned their homes for 5 years or more. Purchasers must be under contract by 5/1/10 and be closed by 7/1/2010. The credit is available for the purchase of primary residences up to $800,000. For the full article check http://news.yahoo.com/s/ap/us_homebuyers_tax_credit credit As always we will provide updates to any breaking real estate news on our site at Albany NY Real Estate

The Boys and Girls Club of Albany needs your help for its annual Red, White and Chocolate Fundraiser!

For the past three years, I have had the honor of serving as a member of the Board of Directors for the Boys and Girls Clubs of Albany. During that time, it has become increasingly difficult to fundraise for the Clubs as the economy tightens and everything gets more expensive. Additionally, state and federal funding sources we have historically counted on are being decreased or cut all together.

In an attempt to counter the drop off in funding and donations, last year we put together the first annual Red, White and Chocolate fundraiser to help close the financial gap we were facing. The event was a great success raising more than $30,000 for youth programs in the City of Albany. We are hoping to double that amount this year and I need your help.

Red, White and Chocolate is an informal wine, cheese and chocolate tasting Tuesday, November 10, 2009, at the Century House. The event will be catered by the Century House , feature wines from multiple vendors and finish off with chocolates from Ghirardelli. There will also be dancing and live music from The New York Players.

Tickets to the event are $75 each. We have begged and pleaded with the vendors so most of the money from each ticket will go directly to programming at the Boys and Girls Clubs to keep sites open, and keep kids off the streets. And for those of you who may have extra cash lying around, all tickets purchased are tax deductible!

I have attached an event flyer for your convenience or you can visit the website at: http://www.bgcalbany.com/about/rwc/

If you have any questions or are interested in attending the second annual Red, White and Chocolate, please let me know.

Thank you for your consideration,

Kevin

Boys and Girls Club of Albany

Personalized Albany NY Real Estate market statistics now available!

I get requests for all kinds of info but the most common request is for Albany NY market data. I am finally pleased to announce that we can now provide personalized market statistics quickly and easily and best of all for free! Want to know what the home down the street sold for? Not sure if the market has stabilized? Want to know the current sale price to list price ratios for your neighborhood? We can help visit our main site at Albany NY Homes or our direct link to statistical data compiled directly from the Multiple Listing Service at Albany NY Market Trends and Statistics

Albany NY Named one of top places in the country to buy a home!

Despite all the constant media hype the Albany market has remained strong and has thus far been immune from the huge price drops seen in other areas of the country. First time home buyers are driving the market. This weekend I had five offers on a new listing that resulted in the sale price well above the asking price of $159,900. Yet if you read the media report you would think vacancies and foreclosures abound in the Albany market. Here is a link to an ABC News story putting Albany as one of the top places in the country to buy a home. When the exit 12 chip plant impact is fully understood by our market I think current home buyers are going to be glad they purchased in 2009. Here is the link http://abcnews.go.com/GMA/story?id=8296067&page=1

Albany NY four unit rental for sale! Money maker from day one!

Description and Features
Four Unit with $2,800+ in monthly income. Money maker from day one. Tenants pay all utilities. Taxes $5,600+, Insurance $1,000+, Water/sewer $900+
Bedrooms:8
Bathrooms:4
Square Feet:5250
Year Built:1853
Floors:3
MLS #:2910991
Location
Click to view map: 173 Madison Avenue Albany NY 12202
Links