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$539,900

Nanuet Schools.

Impeccable and spacious, sunlit updated Mayfair. Eat-in Updated kitchen with terrific storage. Recent Main Bath with Whirlpool tub. Hardwood floors. Huge FR downstairs.Nanuet schools.Walk to shopping. Ideal New YorkCity commute. Perfect location.2 Car garage.Deck.Generous sized flat backyard.

Virtual Tour:

HAVERSTRAW INVESTMENT PROPERTIES.

Three Terrific new listings in Haverstraw:

HAVERSTRAW HOMES RICH IN HISTORY. TWO AFFORDABLE MULTI-FAMILY PROPERTIES and ONE SEMI-ATTACHED PROPERTY. ALL NEAR WATERFRONT REDEVELOPMENT AREA WITH BEAUTIFUL HUDSON VIEWS. LIVE IN ONE AS YOUR TENANTS PAY YOUR MORTGAGE. POSITIVE INCOME CASH FLOW. CLOSE TO MARINA AND TRANSPORTATION TO CITY.PLENTY OF PARKING AT REAR AND OFF STREET PARKING TOO. CAN BE A GREAT INVESTMENT FOR YEARS TO COME.

Call Mike Truiano At (845) 480-2366 for FURTHER details.

Rockland County Real Estate Market Updates

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If you’d like a comprehensive look at what’s been happening in our local Rockland County NY Real
Estate Market …. click here to read more:.

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When will the market turn around?

The truthful answer to that often asked question is that “no one really knows”. What we are hoping to see is a steady DECREASE in inventory and a CONSISTENT INCREASE in sales each quarter. Decreasing inventories indicate that the market is absorbing the present stock of available properties. The average days on the market has gone DOWN from a previous high of 6-9 months to now just over 3 months (see below).

This graph was compiled from Stats below…….

Available Stats from the Greater Hudson Valley MLS

1st Quarter
- Average Days on Market 102 days
- Homes Sold 215
- Homes on the Market – 5,765
- Average Price – $525,600

2nd Quarter
- Average Days on Market 103 days
- Homes sold 281
- Homes on the Market – 6,602
- Average Price – $501,500

3rd Quarter Forecast (latest figures due out late October)
- Average Days on Market UP (as we move into the holidays)
- Homes sold – Down
- Homes on the Market – Level
- Average Price – UP

In the first two months of the 2nd quarter, 1,119 jobs were added to the payrolls of Rockland County. As a result of these new jobs, the average monthly unemployment rate fell from 4.4% during the first quarter to4.3% for April and May. The strong employment climate may help to create demand for home purchases. Favorable mortgage rates should augment this trend.

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SOAPBOX MOMENTS !

Last week I met with a local resident who wanted to sell
his Rockland home. As usual, I did a very thorough
“Market Trend” Market Analysis. These competitive
market analyses take 4-6 hours to prepare and leave
absolutely no doubt in the mind of the analyst
(that would be me) exactly what the chances are of the seller’s ability to sell
a commodity that is in great supply right now.

I can predict quite accurately how much time, and within a few thousand dollars the expected price point at which the property will sell. There isan old saying . . .Facts and Figures don’t lie, but “people do”.
“Overpricing a listing is good for nobody,” agrees Rick Landuyt, e-PRO®, an associate broker at Coldwell Banker Schweitzer Real Estate in Troy, Mich. I whole heartedly agree with this mindset. This is why I always come prepared when I meet with a potential client and SHOW THEM what exactly is happening in the Rockland Real Estate market. Unfortunately, this poor seller did not listen to my advice . . . he called in another realtor, who no doubt puffed him up with whatever drivel sounded good to this naive seller. So …. the seller “drank the kool-aid” and bought the big lie that “oh your property will sell very high because _________” blah blah blah.

Why would a broker take an overpriced listing anyway?

Mr. and Mrs. homeowner let me tell you a big secret that most real estate
brokers won’t tell you. The reason that they will take an overpriced listing,

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