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Is It Too Cold This Time of Year to Shop for Hudson Valley Properties?

Sunday, January 7, 2018   /   by Vanessa Saunders

Is It Too Cold This Time of Year to Shop for Hudson Valley Properties?

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I talked last week to a potential home seller who was adamant that it was the wrong time to put his home on the market. "Nobody looks at houses now," he reasoned. "It's too cold." He couldn't have been further from the truth.
New Years Day, 2018 was one of the busiest days on the phones that Global Property Systems has had in quite a while. I was pleasantly surprised at how often the phone rang with buyers and sellers asking questions and making plans. Our website was also busier than usual, with buyers searching for homes to buy in the Hudson Valley.
Why so busy on a holiday? For one, it was a winter holiday, and people aren't as distracted by outdoor activities as they are on, say, the Fourth of July. New Years Day is a time for buyers to be inside, out of the cold, and on the computer looking for houses. The other reason is that many of those homeowners planning on selling now are smart. It's a seller's market out there, with the current inventory of houses for sale falling far below the number of buyers looking for a home.

Another factor is that although interest rates have gone up a little in the last quarter, they are still historically a bargain for borrowers. The fact that mortgage rates will be growing again sometime in then near future is yet another reason for buyers to get into the market now. And many are.
So is the weather too bad to look at real estate in January in the Hudson Valley? As they say in Alaska, "There is no such thing as bad weather, only bad clothing."

  hudson valley real estate, hudson valley property, buying a home, hudson valley home

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

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The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.

The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2019 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.