I'd like to introduce you to 1036 Ethan Allen Dr. Now on the market and available to call your new home, this beautiful condo is perfect for those who are looking for low maintenance living.

This spacious condo features 3 bedrooms and 2.5 bathrooms. This unit offers plenty of room for anyone that's looking for their own space. View the virtual tour and you can see comfortable living environment that's ready for you to move in and call home. The great convenient location is just another bonus, as it is situated close to many different amenities including dining, shopping, and entertainment.

If you are interested in purchasing this property, please do not hesitate to contact the Premier Properties Sales Team today. We would be more than happy answer any questions that you may have and guide you through the process of purchasing this beautiful condo. Thank you for your interest!

The housing market in Orange County, NY is hot. The lack of houses for sale has created a frenzy among qualified buyers. There is only a 1.3 months supply of housing inventory, which is driving up prices and creating bidding wars. This is great news for sellers, but it can be very frustrating for buyers who are struggling to find their dream home.

In the month of June there were 378 active listings when this post was written. During the same time there were 283 properties sold. That puts us at a 1.3 months supply of inventory. A healthy market would be about a 5-6 month supply in inventory.

Will the market change? The Feds recently increased interest rates by .75%. They are also signaling another increase of .5 - .75% increase in July. Interest rates are on the rise, which will reduce purchasing power and may cause some buyers to reconsider their plans. However, buyer demand remains high at the moment. Only time will tell how these factors will impact the housing market in Orange County.

Are you thinking of selling your home? Now is the time. Buyers are motivated to be in their new home before school starts in the fall. Prices are at an all-time high, with the median sales price reaching $421,250  in May 2022. That's a 21.7% increase from May 2021. If you have been thinking of selling your home, now is the time to take advantage of this market.

Call me today to discuss your options and to schedule a listing appointment. I will provide you with a comparative market analysis of your home and develop a marketing strategy to get you the highest dollar value for your property.

Don't wait, the market is moving quickly. Call me today at 845-420-4562 to discuss how I can help.

The Hudson Valley real estate market is constantly changing and evolving. Whether you are a homeowner looking to sell, a first-time homebuyer, or an investor, it's important to stay up-to-date on the latest trends. In this blog post, we will discuss the current state of the market and give our projections for where it is headed in the near future.

There has been a lot of talk in the news lately about a housing bubble. While it is true that prices in some areas of the country have been rising rapidly, experts are divided on whether or not this is a housing bubble. Some say that we are in the early stages of a housing bubble, while others say that the market has already begun to correct itself. Only time will tell what the future holds for the housing market.

The Feds have increased interest rates and this will certainly have an impact on the housing market, but will it cause it to crash? Let's go over a few variables that will influence the market conditions.

The inventory levels of homes for sale remain low.  This is especially true for entry-level homes. The combination of high demand and low inventory has resulted in bidding wars and rapidly escalating prices in many markets across the country.

The interest rates are still at historically low levels, but they have begun to rise. This will impact buyers who are on the fence about purchasing a home. If you're thinking about buying a home, it's important to get pre-approved for a mortgage before interest rates go up any higher.

Rising interest rates will also impact investors who purchase rental properties. As mortgage rates increase, the costs of owning rental property also increase. This could cause some investors to sell their rental properties and put their money into other investments.

Median sale prices continue to increase. Most recent statistics show that for Orange County, NY, median sale prices increased by 13.2% year over year (YOY). While the next 12 months growth may not be as high, it's still anticipated to increase.

As prices and interest rates rise, buyers become more conservative with their offers. Additionally, some buyers may be priced out of the market altogether.  Multiple offer scenarios may decrease as a result of the aforementioned.

As you can see, there are a lot of factors that can impact the market. It's important to stay up-to-date on the latest trends so that you can make informed decisions about buying or selling a home.

If you're thinking about buying or selling a home in the Hudson Valley, Premier Properties Sales Team can help. We are a team of experienced real estate professionals who are familiar with the local market. Contact us today to learn more!

Christopher Cammarata

Lic. R.E. Salesperson/Realtor and Team Leader of

The Premier Properties Sales Team at HomeSmart Homes and Estates

Call or Text:  845-420-4562

Email:  [email protected]

Visit me on the web @ www.ChrisCamm.com

Follow me on Facebook at www.fb.com/CPCamm

Meaghan Beck

Lic. R.E. Salesperson/Realtor

Call or Text:  845-770-7271

Email:  [email protected]

Some crazy stats to consider...

-  In the last 24 hours 165 homes were listed in my local MLS.

-  In the last 24 hours 207 homes went pending in my local MLS

Inventory continues to shrink.  There are way more buyers than sellers.

-  In January of 2019 the median sales price in my MLS was $333,000

-  In January of 2020 the median sales price in my MLS was $360,000

-  In January of 2021 the median sales price in my MLS was $410,000

-  In January of 2022 the median sales price in my MLS was......$450,000

The point of all of this?  That’s a 35% increase from 2019.  If you have been thinking of selling, now is the perfect time!!  Let’s talk about your options and the equity you could walk away with!

If you have been thinking about buying but waiting for the market to drop, you are likely to be waiting for a while.  Call today to discuss strategies to employ to get your perfect house today!

#PremierPropertiesSalesTeam #SmartAgentChris #845Realtor #ChrisCamm

Even with seasonal slow down, the real estate market remains very active.  Inventory remains low for buyers that are looking to make a purchase.

The Premier Properties Sales Team is proud to introduce you to 55 Henry Ave, Newburgh, NY.  Contact us for an exclusive showing and/or if you have questions regarding the property.

Scan or click the QR Code to watch a video tour of the property.

Click here for more information about 55 Henry Ave, Newburgh, NY.