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CATSKILLS & HUDSON VALLEY REAL ESTATE NEWS

Why is Brooklyn flooding to The Catskills?

Why is Brooklyn flooding to The Catskills?

The Catskills and Hudson Valley have become the new go-to destinations for millennials and young families looking to escape the hustle and bustle of Brooklyn. With its picturesque landscapes, vibrant communities, and countless recreational opportunities, it's no wonder why so many are flooding to these areas in droves. Lifestyle in the Catskills and Hudson Valley is a stark contrast to the fast-paced, concrete jungle of Brooklyn. Here, residents can take a deep breath of fresh air as they immerse themselves in nature's beauty. The region offers stunning mountain ranges, lush greenery, and serene rivers and lakes, providing the perfect backdrop for outdoor enthusiasts and nature lovers. In addition to the natural beauty, the Catskills and Hudson Valley boast a thriving arts and culture scene. From art galleries and music festivals to theaters and craft breweries, there is no shortage of creative outlets for residents to explore and enjoy. The region also has a rich history, preserving its heritage through various museums and historical sites. Neighborhoods in the Catskills and Hudson Valley are known for their sense of community and tight-knit social circles. Unlike the anonymity often found in larger cities, residents here develop lasting friendships and bonds with their neighbors. The area is home to numerous locally-owned businesses, farmers markets, and community events, creating a strong sense of local pride and support. The affordability of homes in the Catskills and Hudson Valley is another appealing factor for buyers. While Brooklyn's real estate market continues to skyrocket, pricing many young families and millennials out of the market, the Catskills and Hudson Valley offer more affordable options. Buyers can find charming farmhouses, cozy cottages, and spacious properties at a fraction of the cost compared to Brooklyn's steep prices. Moreover, the COVID-19 pandemic has undoubtedly played a significant role in the mass exodus from urban areas to more rural ones. The ability to work remotely has given individuals and families the freedom to choose their ideal living environment, and many have opted for the tranquility and space provided by the Catskills and Hudson Valley. The region's proximity to New York City is another factor that attracts residents. While Brooklyn may have been their primary residence, the Catskills and Hudson Valley are just a short drive or train ride away, allowing them to maintain a connection to the city while enjoying the benefits of a quieter, more relaxed lifestyle. In conclusion, the Catskills and Hudson Valley have become a haven for millennials and young families searching for a change of pace from the hectic Brooklyn lifestyle. With its breathtaking natural beauty, thriving arts and culture scene, close-knit communities, and affordability, it's no wonder why the region is experiencing a massive influx of new residents. Whether it's the desire for a quieter lifestyle, more space, or the cultural and recreational opportunities, the Catskills and Hudson Valley have become the chosen destination for those looking to create a new chapter in their lives. Caption
Escape to Winter Wonderland: Discover the Perfect Seasonal Retreat in Windham, NY

Escape to Winter Wonderland: Discover the Perfect Seasonal Retreat in Windham, NY

Are you yearning for a winter getaway like no other? Look no further than 135 CR-40, a charming ranch located in the heart of Windham, NY. With its prime location between the renowned Windham and Hunter ski resorts, this cozy retreat offers the perfect backdrop for a memorable winter seasonal rental experience. Priced affordably at just $12,000, this listing provides an exceptional opportunity to immerse yourself in extraordinary skiing adventures and delightful winter explorations.As you approach this idyllic property, you'll be captivated by its ideal location. Situated just minutes away from the glistening slopes and the enchanting allure of CD Lane Park, this haven offers unparalleled convenience for winter enthusiasts. Whether you're a seasoned skier or a beginner looking to try your hand at this exhilarating sport, you'll appreciate the ease of access to some of the best ski resorts in the region.As you step inside, you'll immediately feel at home in the warm and inviting atmosphere. This single-level ranch has been recently renovated and radiates charm in every corner. The meticulously updated kitchen, equipped with brand-new stainless appliances, will be your haven for preparing hearty meals to fuel your days of snowy escapades. Picture yourself gathering around the kitchen island, sipping hot cocoa and recounting the day's adventures with loved ones.The generously spacious living room is the perfect place to unwind, relax, and relish in the day's excursions. With a magnificent picture window offering stunning views of the surrounding winter wonderland, you'll feel as though you've stepped into a postcard. Curl up on the comfortable couches, bask in the warmth of the crackling fireplace, and let the magic of this season envelop you.When it's time for rest, you'll find three comfortable bedrooms that ensure ample space for family and guests. Each room offers a cozy haven to retreat to after delightful days out in the crisp winter air. Sink into plush bedding, let the quietude of the surroundings lull you to sleep, and awake refreshed and ready for another day of adventure.The allure of this property extends beyond its interior comforts. Step outside into the expansive, open backyard, where unforgettable gatherings and games await. Build a snowman, engage in a friendly snowball fight, or simply marvel at the serene beauty of the surroundings. As night falls, gather around the fire pit and let the dancing flames create a cozy ambiance under the starry winter sky.If you've been dreaming of the perfect winter getaway, now is the time to make it a reality. This home is not only an absolute treasure but is also affordably priced and available immediately for your seasonal enjoyment. Don't let this winter's ultimate rental escape slip through your fingers. Schedule a visit today and make 135 CR-40 your very own enchanting winter retreat.In conclusion, the listing at 135 CR-40, Windham, NY 12439 offers an unparalleled opportunity for a winter seasonal rental experience in the heart of Windham. With its prime location near the Windham and Hunter ski resorts, recently renovated interior, and inviting backyard, this cozy ranch is the perfect sanctuary for creating timeless winter memories. Priced affordably at $12,000, it presents an exceptional value for those seeking an enchanting winter escape. Don't miss out on this extraordinary opportunity – schedule a visit today and prepare to immerse yourself in the magic of a winter wonderland.
New Multi Family Mortgage Program Rolling Out...

New Multi Family Mortgage Program Rolling Out...

Fannie Mae has recently made an exciting announcement that is expected to make a significant impact on the real estate market. Starting from the weekend after November 18, 2023, Fannie Mae will be accepting a new multi-family mortgage program that only requires a 5% down payment. This news is music to the ears of many prospective buyers and investors, as it opens up new possibilities and opportunities in the real estate industry. The current market update indicates that the real estate sector is experiencing a surge in demand. The COVID-19 pandemic has undoubtedly influenced this trend, as people are now realizing the importance of having their own space and are seeking larger accommodations, including multi-family properties. With this new mortgage program, Fannie Mae aims to cater to the growing needs of homebuyers and investors alike. One of the most appealing aspects of this program is the lower down payment requirement. Traditionally, multi-family properties have been considered more expensive and required higher down payments. By accepting just 5%, Fannie Mae is making it much more accessible for individuals to enter the market or expand their real estate portfolios. This reduced barrier to entry will undoubtedly attract a wave of potential buyers who were previously deterred by the higher upfront costs associated with multi-family properties. Furthermore, this new program is expected to stimulate the real estate market by increasing the supply of available multi-family properties. With more buyers able to afford these investments, builders and developers will be incentivized to construct new properties to meet the rising demand. This infusion of new inventory will not only benefit buyers but also help to address the current shortage of affordable housing in many areas. It's important to note that while Fannie Mae is making it easier for buyers to enter the market, they still require borrowers to meet certain eligibility criteria. This includes having a good credit score, stable income, and sufficient reserves. These measures ensure that individuals taking advantage of this program are financially capable of sustaining their mortgage payments. Additionally, this new multi-family mortgage program aligns with Fannie Mae's commitment to promoting sustainable homeownership. By offering affordable financing options, they enable more individuals and families to achieve their dreams of owning a home while also contributing to the overall stability and growth of the real estate market. As the weekend after November 18, 2023 approaches, prospective buyers and investors should take advantage of this exciting new program. With the reduced down payment requirement, now is an excellent time to explore the multi-family property market and secure a solid investment for the future. However, it's crucial to work closely with a reputable lender or mortgage professional to navigate the application process and ensure all necessary documentation is in order. In conclusion, Fannie Mae's new multi-family mortgage program, accepting just a 5% down payment, is set to revolutionize the real estate market. This program opens doors for more buyers and investors to enter the market, stimulating both supply and demand. As we approach the implementation date, it's essential to stay informed and take advantage of this fantastic opportunity. Partner with industry professionals to make the most of this program and secure your future in the real estate market.
A Tranquil Escape in the Catskills: Discover Stoney Clove's Charming Mountain Estate

A Tranquil Escape in the Catskills: Discover Stoney Clove's Charming Mountain Estate

Are you searching for a breathtaking mountain retreat in the heart of the Catskills? Look no further than 42 Stoney Clove RD, Hunter, NY 12442. With a listing price of $1,400,000, this income-generating property is a true gem. This remarkable estate, comprising Clove House, Clove Lodge, and Clove Cabin, is located just 2 miles from the renowned Hunter Mountain Ski Resort. As you step into this turn-key property, you'll find yourself immersed in a world of relaxation and adventure.Stoney Clove boasts an ideal location, nestled on the Southern bank of the picturesque Schoharie Creek. With 425 feet of creek frontage, this property offers a peaceful escape where you can unwind and recharge. The estate perfectly blends Mid-Century design with Catskill Classics décor, creating an ambiance that is both stylish and cozy. Each room features a carefully curated mix of furnishings from Article, Joybird, and Authentic Rustic Gold, ensuring a unique and inviting atmosphere.The outdoor spaces at Stoney Clove are equally impressive. Fire pits, stone patios, wildflowers, and hammocks are scattered throughout the property, providing endless opportunities for relaxation and recreation. Spend your days tubing or swimming in the crystal-clear creek, hit the slopes for an exhilarating ski adventure, or explore the nearby hiking trails. Stoney Clove truly offers a private oasis in the mountains, where you can immerse yourself in nature and unwind from the stresses of daily life.This property encompasses two separate parcels, measuring 1.8 and 0.95 acres respectively. Tucked away on a publicly maintained private road, Stoney Clove sits between the creek and the entrance to a new multi-use trailhead leading into the Catskills Wilderness. Complete privacy is guaranteed, surrounded by the stunning Schoharie Creek and breathtaking mountain views.Stoney Clove is not only an idyllic retreat but also an ideal venue for hosting gatherings and events. The main house, Clove House, features seven spacious bedrooms, providing ample accommodation for large groups. Gather around the dining table for memorable meals, and afterwards, head to the lodge for a cozy game night by the modern fireplace. The expansive flat open field is the perfect setting for morning yoga sessions, tented functions, and intimate wedding ceremonies and receptions.The property's versatility and popularity have made it a successful income generator. Currently listed on Airbnb (https://www.airbnb.com/rooms/40489345), Stoney Clove is fully furnished, fully booked, and ready for its new owners to step right into a turn-key investment opportunity. Whether you are looking for a private retreat or a lucrative vacation rental, Stoney Clove offers the best of both worlds.In conclusion, Stoney Clove at 42 Stoney Clove RD, Hunter, NY 12442, is a remarkable property that combines the allure of the Catskills with the comfort of modern living. With its close proximity to Hunter Mountain Ski Resort, breathtaking natural surroundings, and stylish interiors, this estate is a haven for those seeking relaxation, adventure, and potential income generation. Don't miss the chance to own this tranquil escape in the heart of the Catskills. Schedule a viewing today and start envisioning a life of serenity and adventure at Stoney Clove.