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From 'Urb to 'Burb Blog

Thursday, November 21, 2019   /   by Vanessa Saunders

Millennials: Have you used this one simple hack to buy a house.

Maybe some of you saw the CBS "Eye on Money" segment this morning about why Millennials aren't buying homes, and may not own a home in their lifetimes. (If you didn't you still can. Click HERE.) CBS Business Analyst and long time financial adviser Jill Schlesinger went over a litany of the reasons why Millennials can't find and buy a house, all of which we have addressed often in this space. She mentioned how Millennials can't afford the rising cost of houses, how they are burdened with huge student debt and how they can't find a suitable first home because of the lack of homes on the market. Admittedly, these are all serious problems. 

But maybe there's one solution Millennial home shoppers haven't tried. 

Get a good REALTOR®.

A REALTOR®, a trained professional, is in the business of matching up homes with buyers, and is committed to looking after the financial welfare and housing needs of their clients. But more than that, a good REALTOR® (and that is ...

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Wednesday, November 20, 2019   /   by Vanessa Saunders

Are you ready to put your home on the market?

Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:





With inventory being one of the biggest housing market challenges today, finding a starter home right now isn’t easy. According to the Q3 Housing Trends Report from the National Association of Homebuilders (NAHB), 68% of those searching for a home think their search will get harder or stay about the same over the next 12 months.


The same study reveals,


“In Qtr3’19, buyers actively engaged in the process of buying a home are more likely to have spent at least 3 months searching (58%) than a year earlier (55%).”


 This is certainly no surprise, given the current inventory status. So, what’s the good news? The NAHB continues to say,


“If still unable to find a home in the next few m ...

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  hudson valley real estate, hudson valley home, home investment, hudson valley home owners, hudson valley home sellers, housing sales, 'urb to 'burb, housing sales inventory

Tuesday, November 19, 2019   /   by Vanessa Saunders

The Better, Cheaper AND Faster Way to Close.

In a Deloitte study entitled "Block Chain In Commercial Real Estate" (CRE), the authors defined a block chain (note the word is not capitalized as it is the description of a process and not a name or brand) as “a decentralized, distributed, and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.”

What that mouthful means to lenders is significant. With block chain transactions, lenders will be able to qualify borrowers based on their digital credentials in seconds, versus days or even weeks today. Block chain transactions will also offer lenders the ability to store sensitive information like credit scores, social security numbers, and transaction records in a convenient, secure digital form. 

There are opportunities for block chain transactions in many facets of commercial real estate and real estate i ...

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  hudson valley real estate, hudson valley property, home investment, buying a home, 'urb to 'burb, hudson valley house, financing, mortgage, blockchain

Monday, November 18, 2019   /   by Vanessa Saunders

Look out, landlords - Rent control is on the rise.

There's a growing trend among the homeless in New York City. According to Jacquelyn Simone, policy director of Coalition for the Homeless, over the last few years, more and more of the people who come to her agency for help are working New Yorkers who simply can’t keep up with booming rental prices topping nearly $3,000 per month. As a result, she said the city is facing it’s worst homelessness crisis since The Great Depression. Simone added that the length of stay for people in the shelter system has steadily risen as the the supply of affordable apartments has declined. “About a third of families in shelter have someone who is working and just can’t afford an apartment.” 

The Joint Center for Housing Studies’ 2019 State of the Nation’s Housing report confirmed that the stock of low-cost units priced below $800 per month has actually declined 17 percent (4 million) since 2011.

Inman News reported recently that the problems seen in ...

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  hudson valley real estate, orange county ny, westchester county, rockland county, 'urb to 'burb, ulster county, sullivan county, manhattan, dutchess, buying vs renting, hudson valley living, manhattan real estate, rental available, central park west, multi-family, rentals

Monday, November 18, 2019   /   by Vanessa Saunders

JUST SOLD! The largest sale ever closed in Ulster County!

250-WHITE-DUCK-JUST-SOLD-canva.png
Global Property Systems helped our International Buyers find this gorgeous 240 acre property with Farm House along the Wallkill River with views of the Shawangunk Ridge- Mohonk Mountain Preserve.

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  hudson valley real estate, hudson valley property, hudson valley home, hudson valley home owners, hudson valley home sellers, ulster county, hudson valley house, hudson valley living, executive homes, just sold, international real estate

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 information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, 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.

©2019 Hudson Gateway 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 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. ©2019 Mid-Hudson Multiple Listing Service, 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.