Wednesday, September 11, 2019 / by Vanessa Saunders
This absolutely fantastic 4 bedroom contemporary just sold! You just missed Total Privacy, Views,
15.5 acres with possible sub-division. Formal rooms to casual rooms. Three season porch.
Multiple decks. At the lower level a recreational/pool room with kitchen leading out to in-ground pool and hot-tub. 5 garages for the car enthusiast. A carriage house ready to be completed for studio or home office. Plus your very own historic 6000 sq ft red barn.
But don't worry. We've got more!
Wednesday, May 22, 2019 / by Vanessa Saunders
From all the press coverage about dropping home prices in the Hamptons, you'd think the sky was falling. "Home prices are plummeting in the Hamptons," trumpets The New York Times about the infamous vacation playground of New York City's wealthiest residents. The Hamptons, once the favored vacation destination of New York City's wealthy elite is reportedly seeing home prices fall and high-end properties sitting on the market for months, according to the Times.
As it happens, the press stories are not fake news. The median sale price of a Hamptons home has fallen to a seven-year low of just $860,000.
This luxury real-estate slump can be traced, in part, to Donald Trump's 2016 federal tax reform, as the Financial Times' Ben Foldy reported. The new tax laws make it more expensive for homeowners to own luxury homes because they can deduct only $10,000 in state and local taxes from their federal income tax filings.
The most expensive homes for sale in the Hamptons are suffering th ...
Tuesday, April 30, 2019 / by Vanessa Saunders
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area. Your utility bill shows you how much you spend each month on electricity. (As shown in the photo above, solar panel arrays don't have to be attached to your roof, but can be incorporated into the landscape of appropriately facing properties. The property pictured above is currently for sale at 50 Peters Terrace near Warwick, NY. Click HERE for more information about this listing.)
Solar power, like other renewable energy resources helps to reduce greenhouse gas emissions, because you are turning sunshine into electricity instead of burning natural gas, coal or using nuclear energy. It also results in fewer air pollutants like sulfur dioxide and airborne dust particles, which can cause health problems.
Solar panels absorb the sun' ...
Wednesday, April 3, 2019 / by Vanessa Saunders
In the Hudson Valley, homes that are priced at the top 25% of the price range for that area are considered to be Premium Homes. In today’s real estate market there are deals to be had at the higher end! This is great news for homeowners who want to upgrade from their current house and move-up to a premium home.
Much of the demand for housing over the past couple years has come from first-time buyers looking for their starter home, which means that many of the more expensive Hudson Valley homes that have been listed for sale have not seen as much interest.
This mismatch in demand and inventory has created a Buyer’s Market in the luxury and premium home markets according to the ILHM’s latest Luxury Report. For the purpose of the report, a luxury home is defined as one that costs $1 million or more.
“A Buyer’s Market indicates that buyers have greater control over the price point. This market type is demonstrated by a subs ...
Monday, February 25, 2019 / by Vanessa Saunders
In some areas of the country sellers and their REALTORS® wouldn’t dream of going to market without a professional stager’s magic touch. Staging can make a huge difference to a home, however well it’s maintained. It can be something as mundane as putting new towels in the bathroom and fresh flowers on the dining table, to a full change of décor and furniture. It’s sometimes the little touches home owners don’t deem necessary, but to a buyer’s eye will make the difference it takes for them to make an offer.
CBS Sunday Morning ran an interesting segment last week about Meridith Baer, a stager in Hollywood who is legendary in getting homes staged and sold. She has a proven track record in taking totally empty houses on the market and dressing them up, and having them sell for far above the asking price. According to the Sunday Morning report, staging a home typically shortens its time on the market by 75%, and staged homes often s ...