While the media dwells on disaster, the truth is that not all real estate markets are declining markets. Here in the Northeast, values are frequently stable. Some areas are declining and some are increasing in value. It all depends on the "neighborhood market" which is often, but not always, defined by school district. The Lower Hudson Valley is a diverse maket and home value trends vary widely. If you are interested in learning more about home values in your area, email me. I'll be glad to respond with the trend for your neighborhood market.
Roger Pellegrini, SRA
Member, The Appraisal Institute
hudsonappraisal@verizon.net
While the media dwells on disaster, the truth is that not all real estate markets are declining markets. Here in the Northeast, values are frequently stable. Some areas are declining and some are increasing in value. It all depends on the "neighborhood market" which is often, but not always, defined by school district. The Lower Hudson Valley is a diverse maket and home value trends vary widely. If you are interested in learning more about home values in your area, email me. I'll be glad to respond with the trend for your neighborhood market.
Roger Pellegrini, SRA
Member, The Appraisal Institute
hudsonappraisal@verizon.net
Hudson Appraisal provides residential real estate appraisal services to the first mortgage, refinance and equity lending sector; to attorneys, accountants, relocation companies; and to homeowners.
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