"About three hours from Manhattan you'll find what is possibly the most up-and-coming culinary destination in New York state. It's well worth taking a food-focused road trip along the little towns that stretch across five counties, making up the Catskill Mountains. In Bovina, Brushland Eating House serves seasonal dishes made with produce just delivered by farm trucks, while at Peekamoose in Big Indian, an old converted farmhouse is now the coziest spot to fill up on charcuterie. And no trip to the Catskills is complete without trying the cast-iron skillet eggs at the iconic Phoenicia Diner."
In his latest column, realtor.com Chief Economist Jonathan Smoke said that with inventory levels plunging to multiyear lows, sellers are facing very little competition and should consider listing earlier rather than later.
Contrary to popular belief, the winter months in the Catskills can be one of the strongest times for real estate sales. Here are 8 reasons why you should consider marketing your Catskill mountain property during the winter.
Many residents of large metropolitan cities view the real estate market as something beyond their reach. While their incomes may be substantial in comparison to the rest of the world, they don’t rise to the level that makes home ownership in their home city seem viable. When I left NYC 16 years ago, the prices of starter homes were already high at $500,000 for a nice but needing-work, small 2-bedroom in a neighborhood that was perhaps on its way up, but not quite there. Safety, cleanliness, schools and local resources were usually less than desirable. To most people the only other options, it seemed, were to rent or move out of the city altogether. While these choices are accurate and still exist, there is one other that opens the homeownership door wide and welcoming and onto a world where your money goes farther than you might imagine. This option, called the “Second Home First” path, leverages a higher city income across a real estate market outside city-limits.
Back in the late 90s, when I purchased my weekend home in the Catskills, my NYC friends and fellow urbanites thought it romantic and enviable. They beseeched me for invitations to join my husband and me on one of our trips upstate to escape to a tranquil reprieve from the city for a few days. If, on some weekend or holiday, we weren’t planning on venturing up to our country retreat, these same people begged to be allowed to use it in our absence. Our idea of a second home, tucked away on a mountain outside a quaint rural town, was deemed brilliant and held up as a lofty goal for others. However, when we announced our plans to move up permanently in 2002, we were met with shock and discouraging words. “You will die of boredom”, “There is nothing but cows and illiterates up there—who will you socialize with?”, “Where will you shop, what will you eat?”, “There’s no culture up there—no art, no music or theater?”, “You will be back in 6 months!”
For homeowners looking to sell in upstate NY, the news is good! The June 2016 NYSAR statewide housing report shows home sale prices are up and inventory is trending down. If you were on the fence about putting your house on the market, data shows now’s the time. That said, even though the climate is good for home sellers, there are still plenty of things you can do to nudge your sale price higher.