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Sullivan County | 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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Friday, June 12, 2020   /   by Vanessa Saunders

It's Phase 2! What You Can Do Now That You Couldn't Do Then.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Phase Two for the Hudson Valley's re-emergence from the Covid shutdown has commenced. (Blow the herald of heavenly trumpets I can finally go have fun.) But what fun is awaiting Hudson Valley residents? First of all, realize that social distancing is still in effect. Wear your mask, keep your distance, wash your hands and stay home if you feel sick. Store staff will have more to do: work behind the Plexiglas, use the hand wash and wear gloves if handling food.
You can get retail therapy. Sort of.
For the first time since the lock-down began, you can shop INSIDE any retail store. You may still encounter "One Goes In When One Comes Out" standing in line as store occupancy is capped at 50%. Malls are out however, unless the store you're visiting has access from the parking lot. Still, retail therapy is retail therapy.
You can get a haircut. At last.
Finally we don't have to pretend we're the Chewbacca ...

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Tuesday, June 9, 2020   /   by Vanessa Saunders

Buyers are hot for upstate real estate.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
As we reported last month, the race is on as buyers from NYC and other urban centers scramble to spend at least the summer away from Covid-19, preferably near a lake or swimming pool. 
Coincidentally, there is a group of home owners dying to sell them their upstate properties.
Some homeowners have secondary upstate properties they typically rent to summer tourists, either on their own or through companies like Airbnb. But the impact of diminished summer travel due to virus has severely affected their business in this unpresidented time.
A recent report by CNN concluded "Hosts face the possibility of losing thousands of dollars a month in canceled bookings while bills, maintenance costs, and mortgage payments pile up.”
A survey by ValuePenguin agreed:

48% of Americans have already canceled summer travel plans due to the current health crisis.
36% indicated they don’t have vaca ...

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Monday, June 1, 2020   /   by Vanessa Saunders

4 one-sentence market predictions you should know.

From Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Finally when you thought you couldn't bear another blog about Corona Virus, social distancing and PPDs, here's a good one. It's from T3-Sixty, a monthly brief providing analysis on the most important trends and developments in real estate, as well as a quick digest of the most notable news in the industry.
In this case, it's about real estate recovery, and the opinions of four prominent economists (you may even have heard of some of them) about when and how the real estate market will return to pre-crash levels. This blog is a summary of the full article.
Interviewed are Lawrence Yun, NAR chief economist; Skylar Olsen, Zillow senior principal economist; Michael Fratantoni, Mortgage Bankers Association chief economist; and Danielle Hale, realtor.com chief economist. Each is asked the same three questions:
1. What key stats are you watching in assessing a recovery?
2. When will the market turn ba ...

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Wednesday, May 27, 2020   /   by Vanessa Saunders

How Disclosures protects you, your health and your money

We have noticed a recent up-tick of home owners selling their homes without the use of a Realtor. We will be the first to admit that now is a better time than most to sell a home yourself. Real estate agents have been hamstrung by restrictions imposed by the state and national real estate agencies to protect buyers and sellers during showings and other traditionally face-to-face interactions in the process of selling a home. But while the market is hot for sellers, selling now comes with a new set of dangers that Realtors can protect buyers and sellers from.
A dangerous profession
According to a Report published by the National Association of Realtors, nearly 40% of realtors have been in a situation that made them afraid for their safety while on the job. Every year, more and more agents report being attacked, and dozens of them are murdered. Letting a stranger into your home makes you at risk for theft or a planned future burglary. You will also be held responsible if the visitor ...

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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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