You can’t avoid news about the downturn in the national home market, yet our region has been enjoying a less traumatic year. If you own a home in Ulster County, it has most likely appreciated by a smidge. Yes, it isn’t much, but it’s a whole lot better than most of the country!
Some of the reasons for this apparent strength in the Hudson Valley real estate market?
- No major new home developments over the past decade
- Proximity to New York City (2 hours)
- Preservation of open space, state parks, Scenic Hudson lands, and large farms
- Diverse mix of people
- An abundance of colleges & culture
- Most mortgages written by known local lenders
posted by Rachel Evans, Associate Broker
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