If you’re purchasing a home in the Hudson Valley, you should be aware that there are a handful of towns that charge a one-time tax at the closing table, called a “community preservation” tax. The rates vary between towns, range between 1-2%, and are levied on the amount over the median sale price in that county. This new tax aims to fund critical projects like open space preservation, affordable housing, and historic preservation.
Read More2024 has launched as a tale of two counties. While this time of year is notorious for low inventory, Sullivan Co. seems to be particularly affected by it, while Ulster Co. sees more buyers taking off the gloves and battling hard for the listings that hit the market. Here the Country House Team shares its experiences in selling homes throughout The Catskills and Hudson Valley
Read MoreGetting the keys to your dream home involves more than just coming up with the down payment. Here are the most common costs home buyers in The Catskills and Hudson Valley will encounter, including specific dollar amounts. These reflect actual expenses from recent transactions, but please note, each deal is different and your experience may vary. I’ve excluded mortgage-related fees which we’ll cover in a separate post.
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