Have You Seen Our New Blog?
Posted on 10. Jan, 2009 by Joshua Ferris in Blog
Did you know that HouseMeetsOwner now has its very own blog filled with local information about the suburbs of New York City, the latest on FHA loan changes, real estate news and more. Our blog is updated multiple times each week so we highly recommend subscribing to our news feed to get the latest updates on the Orange, Rockland and Westchester Counties! (more…)
Orange and Rockland County FHA Changes for 2009
Posted on 09. Jan, 2009 by Joshua Ferris in Blog, Industry, new york, real estate
2009 is well underway and there are many changes afoot in real estate including local FHA loan limit changes which vary by county. (more…)
September 2008 Real Estate Report for Orange and Rockland County New York
Posted on 12. Sep, 2008 by Joshua Ferris in Home Buying Guide, Home Selling Guide, Orange County, Real Estate Reports, Rockland County
The Orange County Association of REALTORs (OCAR) released their September 2008 real estate report (based on August 2008 data) for Orange and Rockland County New York today and sales are higher than July 2008 but 30% lower than they were in August 2007.
August Residential Home Sales (2007 to 2008)
Orange County New York – 30% Lower
Rockland County New York – 17% Lower
Pricing in Orange County declined slightly, 4% lower than in August 2007 while Rockland County pricing declined by 8%. The sale price of Orange County condominiums and townhouses increased 5% as the number of sales slid in both Orange and Rockland County by a staggering 47%. Rockland County condominium prices dropped 7%.
We are headed into the fall season which typically leads into the slowest time of the year for the real estate industry: winter. That being said, we are also entering “deal season” and the absolute best time of the year to buy a new home as builders face their fourth quarter earnings report in the coming months. To learn more about home buying incentives, check out our top seven new home buying incentives.
Should you buy or sell right now?
My advice from August 2008 stands:
This is a loaded question but the short of it is that you should buy or sell if your lifestyle and living situation call for it. It’s still true that you make the most money on your home when you purchase it and not when you sell so the market is ripe with great buying deals but you might have to let your current house go at or slightly below market value.
I assisted a client in the purchase of a new home and sale of his current home recently and by pricing the home right, combined with my marketing plan, we had an accepted offer at full price within 3 days of going on the market.
The current market is less than ideal for home budget stretchers and investors looking to flip properties so if you fit this segment I would hold off until this winter.
For the full report including charts and statistics, please click here to download the PDF file. As always, comments are welcome and I look forward to hearing what you all think of the current market.
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Rockland County
Posted on 05. Sep, 2008 by Joshua Ferris in
Rockland County Towns
Rockland County is made up of five towns with several hamlets and villages within each town. Click each town name below to learn more about that area:
Clarkstown
Haverstraw
Orangetown
Ramapo
Stony Point
Rockland County NY Real Estate
Harbors at Haverstraw – Built as a riverside resort-like community, The Harbors at Haverstraw is a neighborhood of condominiums and townhouses built along the Hudson River. The Harbors is located next door to the Haverstraw-Ossining Ferry Crossing which can be reached using a walking bridge between The Harbors at Haverstraw and the Ferry Crossing. Home styles include studios, one, two and three bedroom homes.
Piermont Landing – Piermont Landing is a pier in Piermont, NY that stretches into the Hudson River with homes at its base and recreation on its tip. The homes on Piermont Landing are in the neighborhoods of Paradise Harbor and Harbor Cove with styles ranging from townhouses to condos and browstones. Full concierge service is available to residents in addition to swimming, a fitness center and tennis courts.
Commuter Guide
Tappan Zee Bridge to New York City
Rockland County New York borders northern New Jersey and is, in some parts, less than 22 miles from New York City. The MetroNorth/NJTransit train and Shortline Bus stops serve as the two primary mass transit options in Rockland County. Because the county is so close to New York City many residents also opt to travel by car.
When the weather permits, a ferry in the Town of Haverstraw crosses the Hudson River to the MetroNorth train station in Ossining. The Ossining train arrives at Grand Central Station in 45 – 60 minutes with no train changes in between.
Rockland County is an ideal home for other commuters as well with Northern New Jersey just five minutes away and White Plains (Westchester) a short 30 minute drive.
Click here to learn more about commuting to New York City from Rockland County.
Parks and Recreation
Iona Island - Stony Point, NY
Rockland features an abundant number of parks and recreational activities. Some of the most popular recreational activities in and around Rockland County include golfing, hiking, boating, swimming and cycling. The Palisades Center, located in West Nyack, contains hundreds of retail stores, an IMAX theater and year-round ice skating rink.
About Rockland County NY
Rockland County, NY is less than 10 miles from New York City at its closest point and is located near one of the New York metro area’s most scenic destinations: Harriman State Park. There are five towns in Rockland County and several towns/villages within each town. The towns, in order of distance from NYC, are Orangetown, Clarkstown, Ramapo, Haverstraw and Stony Point.
Rockland County is full of history with the landing in Piermont, now home to the riverfront community of Piermont Landing, serving as an embarkation point for World War II soliders and has been visited by many U.S. presidents including George Washington, Theodore Roosevelt and Harry S. Truman. The County is now home to nearly 300,000 residents.