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Hudson Valley House | From 'Urb to 'Burb Blog

Friday, October 9, 2020   /   by Vanessa Saunders

Bigger is better for buyers in the Hudson Valley luxury home market.

Spacious homes like this one outside Newburgh, NY have become increasingly popular. This property on 38 Susan Drive is listed at $1.2 million.


By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
It seems like only a few months ago that demand for large properties in the Hudson Valley - million dollar mega mansions, private estates, and luxury ranches - had declined significantly over the previous few years. Nationwide surveys now indicate that the health crisis has brought to light how valuable more square footage and carefully designed floor plans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market.


For Hudson Valley buyers looking for larger homes, steady increases in equity might be what makes a move possible. Leveraging home equity makes it easier to afford the down payment on a luxury home, and current low int ...

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Thursday, October 8, 2020   /   by Vanessa Saunders

Where to go this week for some Upstate culture binging.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Finding activities that are intellectually stimulating yet pandemically practical in these days and times is difficult to do. Leave it to the artists, musicians and dramatists in the Mid-Hudson Valley to provide us with entertainment that fits those parameters. Check out a few of this week’s socially distanced, in-person and live-streaming activities in the Hudson Valley. (Click HERE for more details.)
“Jewel the Wound” Group Art Show,
Hudson, NY through November 6 (Photo at right)
“Jewel the Wound,” a newly opened group art show in Hudson, features works by over 25 Hudson Valley artists and centers on themes of injustice amid the pandemic. The show, which runs through November 6, will be presented in-person at the Hudson Milliner Art Salon and virtually at Hudson Art Fair, an online gallery created at the beginning of the pandemic for collectors and art-lovers to vie ...

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  hudson valley home, 'urb to 'burb, hudson valley house, pandemic, hudson valley living, upstate ny, things to do in upstate new york

Thursday, August 27, 2020   /   by Vanessa Saunders

How to avoid paying Transfer Taxes without faking your own death.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
According to a survey conducted by ClosingCorp, over half of all home owners are surprised by the closing costs required to obtain their mortgage. Buyers in New York must have been a large number of those surprised home owners, because the survey showed that the state of New York has the highest closing cost average in the nation. Real estate transactions all come with closing costs, fees and taxes added by nearly any agency with a seat at the public trough. For many, transfer tax is often one of the biggest slices of the closing cost pie.
New York State imposes a transfer tax on all property transfers over $500. Other states, New York City and even smaller cities have their own rules which differ from New York's. The tax is loved by the state government, because it rakes in a very tidy sum without much effort for Albany. In 2019, the existing real estate transfer and mansion taxes generated about $ ...

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  hudson valley real estate, hudson valley property, 'urb to 'burb, hudson valley home owners, hudson valley home sellers, selling your home, hudson valley house, property taxes, taxes

Thursday, August 6, 2020   /   by Vanessa Saunders

Vacation home sellers: Think outside the zip code.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.

As the summer rush to escape New York City and the Covid pandemic continues to impact the Hudson Valley real estate market, we find more and more people deciding to sell their up-state properties. Buyers are looking everywhere for second homes, some planning to turn vacations into stay-cations. For sellers, the process of selling a vacation home often requires that they and their agents throw traditional tactics out the window.
Second Home Buyers - Not your typical real estate animals.
For one thing, buyers are not limiting themselves to properties in a certain zip code. They may be considering Cold Spring, but may also have an eye on something further up the Catskills. If the agent lists the property on the local MLS, the listing will not be seen by the majority of possible buyers. Thar is one of the reasons Global Property Systems belongs to eight multiple listing services in the Hudson Valle ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, hudson valley home owners, 'urb to 'burb, hudson valley home sellers, hudson valley house, vacation property, retirement

Wednesday, July 29, 2020   /   by Vanessa Saunders

The "A" in Zillow stands for "Accuracy."

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.


If you're using Zillow to find out what your house is worth, you won't get a very accurate price. After all the years Zillow has been "Zestimating" home values, it still hasn't got it right. Who should know this better than Realtors, who value homes every day? A new survey from real estate software firm W+R Studios indicates that very few Realtors use Zillow's "Zestimates" in preparing a Comparative Market Analysis for home pricing.


W+R Studios sent the survey to its 298,520 Cloud CMA agent and broker subscribers, of which 3,325 completed the survey. Survey respondents were from 46 states nationwide. The survey, which has a margin of error plus or minus 2 percent found that nearly two-thirds (62.4 percent) of survey respondents said they “seldom” or “never” include Zestimates in their CMA reports.


An even higher share of respondents, 67.8 perce ...

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  hudson valley real estate, hudson valley home, 'urb to 'burb, hudson valley home sellers, selling your home, hudson valley house, sales strategies, house pricing, zillow

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 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. ©2020 Mid-Hudson 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 One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc 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 One Key, 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.

©2020 One Key, 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.
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