Over the last couple of months we've noticed a little bit of resurgence in the Upstate New York Real Estate market. The New York Times published an article on the upstate market which alluded to the fact that there are promising conditions for purchasing unique and charming homes that would have fetched much higher prices in years past.
The Times article featured buyers from Brooklyn who were able to achieve their dream of finding a place in the country by purchasing a four-bedroom 1890s farmhouse with barns and outbuildings on almost 20 acres of property in between the Shawangunk Ridge and Catskill Mountains. Low interest rates and spectacular bargains seem to be inspiring city residents to re-consider purchasing a piece of paradise Upstate.
We've certainly had a good share of New York City and New Jersey residents inquiring about Upstate homes for sale over the last couple of months. Our area certainly has everything that a city-dweller could hope for in an escape from their urban surroundings--beautiful and inspiring views, peace and quiet, fresh air and great recreational opportunities. Our area appeals to downstaters on so many levels and that in part has helped our local market weather the storm through very turbulent economic times.