New Paltz, NY

When a house sells there are many many people who benefit from the sale of that house. From the

Realtor and the bank and the respective attorneys to the electric company, gas company, grocery stores

who are now supplying the food to the new homeowner to the insurance company who has written the policy

for that home. I could go on and on but I think you understand what I am trying to convey. So this integral

piece to the puzzle of our economy must be in place in order for the cycle to move. I was very glad and

relieved to hear that our government has not only extended but has also expanded the tax credit to

people who have owned their homes for at least five years as this helps the home owner who has owned a

first home to put it up for sale and then buy up to his next house therefore allowing a new home buyer to

buy his house and he will move on to buy another home. /This will feed a lot of people. We are all

connected and affected by what we do. If everyone could just really get that and do the next right things,

well

could you imagine?

I hate to remember last November but I do remember last November. I was scared, worried, and completely quiet in the way of customers or clients. All the financial woes were rearing their ugly heads and nobody was certain where the economy or our country was going----

Today I feel hopeful and grateful that I made it through the year. My company has been very supportive of us through this period of time and has been constantly giving us food for thought to help our business. I am happy to say that I am getting new people from my web site, my companies web site and my warm market. This time of the year when it usually starts to slow down, it is not so slow I think in part to the extended and expanded first time home buyers credit.

It definitely is different. I have observed , as in life, that the people who were able to adapt have done ok and the people who were unable or unwilling to adapt are gone.

The lesson in the experience for me has been "when you get lemons make lemonade". "When you are not sure how to make lemonade, refer to the directions"

I am very grateful this year to also be a member of Active Rain. I must say that a large part of my encouragement came from posts I have read that inspired me or comforted me or challenged me. Thank you Active Rain family for all your support

just saw a listing on our MLS with a cap rate of 8%. Now I am sure that pretty much everyone that might

be reading this blog knows what they are getting for their money in cd's and t bonds etc. So why is this

listing still on the market? If the owner is correct and this is truly giving a cap rate of 8% where are the

investors. The thing with real estate is, everyone needs to live somewhere just like everyone produces

garbage and everyone leaves this earth at sometime. That is why those respective businesses are usually

good to get into. So why has this listing, in a great location not sold. You tell me!

Saturday we went to New Paltz, NY for the Celebration of the Arts - COTA for short. It was a beautiful Fall day, a little on the cool side but we had a great time. We parked a few blocks from the site and walked the Ulster County Hudson Valley Rail Trail from a lot on N Chestnut St to the show.

Into the Woods

One of my daughters on the trail.

The show was held on historic Huguenot Street, the oldest continually inhabited street in the United States, with the first dwellings recorded in 1678 when the French Huguenot's settled there. There are some awesome stone houses, a church with an old graveyard, and many more things to see at this National Historic Landmark District. Take a virtual tour here.

There were a lot of displays and activities at the Art Show.
These frames were suspended in the street!

My favorite booth was the display of art by Rachel Szarowski, Her work was some of the best there and I am not just saying that because she is my son's girlfriend!

New Paltz NY Real Estate Market Report 6/24/09

Town of New Paltz NY Homes, Condo & Townhouse Real Estate Market Report for the period of January 1 thru June 24, 2009:

• Total New Paltz Homes, Condo & Townhouses available on the market 112
  
• Price Range $120,000 - $2,900,000
  
• Total New Paltz NY New Listings during the period 99
  
• Price Range $85,500-$2,500,000
• Total New Paltz NY Pending Sales 6
  
• Total New Paltz Homes Sold during the period 21
  
• Price Range $85,500 - $477,500
  

Sold Price Address City State Zip Closing Date
$85,500.00 6 Huguenot Street New Paltz NY 12561-1743 6/15/2009
$156,000.00 136 N Chestnut Street New Paltz NY 12561 3/4/2009
$183,500.00 428 Plutarch Road New Paltz NY 12561 3/4/2009
$190,000.00 102 BRIARWOOD COURT NEW PALTZ NY 12561 6/5/2009
$228,100.00 24 Kayleigh Drive New Paltz NY 12561 6/22/2009
$231,500.00 1 DOGWOOD HOLLOW ROAD NEW PALTZ NY 12561 1/15/2009
$240,000.00 33 North Manheim Boulevard New Paltz NY 12561 2/2/2009
$242,000.00 31 SHIVERTOWN RD NEW PALTZ NY 12561 5/13/2009
$250,000.00 36 South Manheim Blvd. New Paltz NY 12561 5/21/2009
$265,000.00 250 Route 208 New Paltz NY 12561 2/13/2009
$283,000.00 44 Rocky Hill Road New Paltz NY 12561 4/9/2009
$285,000.00 15 North Manheim Blvd. New Paltz NY 12561 6/3/2009
$290,000.00 21 Holland Lane New Paltz NY 12561 6/3/2009
$290,460.00 5 CLEARWATER RD NEW PALTZ NY 12561 3/25/2009
$299,900.00 168 S Ohoiville Road New Paltz NY 12561 2/23/2009
$300,000.00 4 Edgewood Dr New Paltz NY 12561 5/29/2009
$320,000.00 68 S Chestnut Street New Paltz NY 12561 5/12/2009
$336,550.00 335 Route 32 South New Paltz NY 12561 5/7/2009
$369,000.00 13 PINECREST RD NEW PALTZ NY 12561 3/2/2009
$390,000.00 35 Gatehouse Road New Paltz NY 12561 6/19/2009
$477,500.00 7 Morning Star Drive New Paltz NY 12561 6/9/2009

If you are considering buying or selling real estate in the Town of New Paltz New York, or if you need additional information about the current New Paltz real estate market, visit http://fitzgeraldrealestate.com/new_paltz_new_york_real_estate.htm.

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