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REAL ESTATE NEWS
click here for an ASSOCIATED PRESS article with Rob Grant, President Adirondacks.com
discussing the history of Adirondack property values and the impact on residents.
joins Rob Grant & Associates staff
LAKE Rob Grant & Associates, Real Estate, recently announced that Ruth
Chasolen has joined its staff as a real estate sales agent. Grant said he was
especially pleased that Chasolen came with a broad background in sales. click
here for entire bio
To view hundreds
of local listings for Catskills Real Estate or Hudson Valley Real Estate click
on the links below!
Hudson Valley Real Estate.com
& Catskills Real Estate .com
- invite you to take a virtual tour of some of the most spectacular properties
and homes currently for sale in the Hudson Valley and Catskills Region of Upstate
New York. These web sites are a unique showcase for Hudson Valley homes throughout
the Hudson Valley and Catskills real estate, including charming country inns,
B&B's, vacation homes, lakefront camps and magnificent estates.
Placid Real Estate
Lake Placid is New York's Olympic Region offering year-round entertainment for
the entire family. The Lake Placid Region is famous for hosting the 1932 and 1980
Winter Olympics. Lake Placid has also been host for a variety of world class events
including the World Cup bobsled and luge, the Ironman Triathalon, international
figure skating, Empire State Games and the "I Love NY" Horse Shows. The Lake Placid
region offers visitors a rich variety of historic, artistic and cultural attractions.
click here for Lake Placid
Time to buy or take cover? Reactions vary
in wake of dismally slow July for Essex County real estate
EARL, Adirondack Daily Enterprise
a time when the cost of gas and fuel oil are skyrocketing and sweeping state budget
cuts are hitting the North Country, the New York State Association of Realtors
is adding to the bad business news by reporting that July was one of its worst
months ever for sales in Essex County: a decline of 65 percent from June and 68
percent from July a year ago.
over the crumbling real estate market is being countered by some real estate agents
who say that now is a good time to buy, but other sellers aren't quite as bullish.
number of home sales by Realtors in Essex County took a sharp drop in July from
the previous month, from 34 houses sold in June to only 12 in July, according
to NYSAR's most recent report. By this time in 2006, Realtors had sold 807 homes
in Essex County; this year they had sold 631 through July.
median home sale price in Essex County in July had declined 47 percent since June,
falling from $221,914 to $117,500. In July 2006, the median sale price was $185,000.
In July 2007 it was $150,000 - 22 percent more than this July.
NYSAR said the median home sale price has fallen from $243,000 in the second quarter
of 2006 to $212,250 in 2008.
remains a good buyer's market," NYSAR spokesman Salvidore Prividera Jr. said.
"We're past many of the financial difficulties in the credit market, and
there are more options and bargains to be had." He said it's also not the
worst time to list a home.
homeowners have been in a home for seven years," he said. "The median
sales price statewide in 2001 was $127,000. In July of 2008, it was $229,000."
Burns, the executive officer for Northern Adirondack Board of Realtors, said market
performance varies by region.
on market are high because prices aren't realistic," Burns said. "Recently
we are noticing more price changes. Mortgage guys have also tightened up."
said median sale prices have remained higher for longer in Essex County, in part
due to the euphoria of the second-home market.
Franklin County, she said the median sale price actually rose and that prices
remain stable, although numbers were not available. She also said foreclosure
rates are lower in the North Country and that none of NABOR's 166 Realtors have
closed due to lack of business.
don't have the booms, and they don't have the busts," she said. "But
sales are still low."
instance, she said, the median home price in Franklin County is only $80,000.
But Burns said that makes it a good place for first-time home buyers who can take
advantage of the Federal Housing Stimulus Package.
the economic stimulus is really having an effect on is first-time home buyers,"
Burns said. "So I'm suspecting that people are getting off the fence and
hitting the market. Federal assistance has more of an effect on less affluent
said mortgage rates are still good and prices have stabilized.
who are local are buying a house to live in it, and they are still building long-term
equity," she said. "List prices are going to creep up next year."
take a more sober view of the market.
essentially awash in unsold inventory," Saranac Lake real estate broker Rob
Grant said. "People don't want to hear that, but if someone tells you otherwise,
they are in denial."
said that economic conditions in the Adirondacks make families particularly vulnerable,
and while many are moving out, fewer are moving in.
our part of the woods, in the Adirondacks, we have seen a huge increase in the
number of homes for sale," Grant said. "Right away, what that means
is you've got that many more homes competing for fewer buyers."
said several compounding factors in the Adirondacks mean a difficult market for
most homes and that only the very high-end property sales remain strong.
just completed a $3 million sale on the west shore of Lake Placid. So the market
is fragmented," he said. "Vacation homes and high end are doing well,
but the rest is getting pounded."
got a very powerful transformation happening where we have a credit crisis, we've
got a very bad recession and extremely high property taxes, and that creates a
said these economic problems will become especially acute this winter.
ground zero in terms of the energy crisis," he said. "I see this winter
as the critical tipping point for a lot of people, and I think we're going to
see a lot of collateral damage in the market."
Lake Real Estate
Take a virtual tour of Saranac Lake & the Adirondacks & enjoy full color
photos of hundreds of beautiful waterfront camps & vacation homes for rent and
for sale throughout the North Country...All with the simple click of your mouse!
Access the Multiple Listing Service to preview every property for sale in the
Saranac Lake area & the Northern Adirondacks.
Looking for a vacation rental?
Saranac Lake Real Estate also offers one of the regions largest vacation rental
sites featuring Adirondack Great Camps, waterfront homes, ski chalets, log cabins
& hundreds of vacation retreats. Saranac Lake Real Estate .com & Rob Grant
& Associates is proud to be one of the largest & most respected Realtors in the
click here for
Saranac Lake Real Estate
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Adirondack Log Cabins, Log Furniture & Adirondack Log Cabin Rentals
For more information on real estate schools click
Birds- Fly South!
you love vacationing in the cool Adirondack mountains in the summer, you're going
to love finding a vacation rental in warm, sunny Florida in the winter. We invite
you to view beautiful oceanfront homes & vacation condos throughout Florida.
Vacation Rental Directory.com
Rentals - quality vacation homes, villas and condos available weekly and short
term. Enjoy private pools, waterfront, beachfront & estate homes.
Search by date, price, location.
Pictures & full descriptions! click
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Adirondack Energy Efficient Houses
of an Energy Efficient House
and building an energy-efficient home that conforms to the many considerations
faced by home builders can be a challenge. However, any house style can be made
to require relatively minimal amounts of energy to heat and cool, and be comfortable
and healthy. All energy efficient homes have the following elements:a high R-value,
tightly sealed thermal envelope; controlled ventilation; and lower than usual
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designs are more expensive to build than others, but none of them need to be extremely
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and construction techniques, and heating, ventilation, and cooling systems, allow
most modern energy saving ideas to be seamlessly integrated into any type of house
design without sacrificing comfort, health, or aesthetics.
Energy Star qualified products help protect the environment and save you money.
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VISITOR & RELOCATION GUIDE
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loan & much more!
to New York State?
request a free relocation kit for any Region in New York
State including the Adirondacks, Capitol-Saratoga Region, Catskills, Central New
York- Leatherstocking Region, Chautagu-Allegheny, Finger Lakes, Hudson Valley,
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