Wednesday, September 23, 2009

Skaneateles Real Estate - The Weekly Update

I spent this evening doing a walk-through of a lovely property. Way out in the country, the trees starting to turn, mist rising over the hill being caught by the setting sun. I wanted to pull up a chair and sit on the wrap-around porch and watch the night come in. But I had miles....and go before I sleep...and this update to write as well.

Currently there are 155 active listings in the Skaneateles area of the multiple listing service. Seven are new. Three are basic re-lists - reductions in price, a "new look and number" in the computer. (An agent can hit a button and come up with the history of the property.) Four are new. Two are town properties under $200,000. One has an amazing almost 200 acres with gorgeous views of the lake - development anyone? Castle? The last one is actually out of the county and in the Homer school district, but has a tremendous view of the lake.

Two homes were marked newly contingent. One is in the half million dollar range and the other well below $100,000 - what took that one so long? It seemed to be such a good deal! Add to that a new waterfront property gone straight to pending, and we can expect more closings in the next 60 days.

But not now! Still 58 single family residences are closed, year-to-date. The tax credit will end soon despite the pleas of every agent working with first-time homebuyers, and the New York State mortgage credit is still being planned, it seems.

Closing on a home, especially one that is a dream home, also brings with it a certain post-partum depression. There's that question underlying everything - is this what I really wanted? And if I did, did the family? What did I leave behind? Every change is difficult, but moving brings both joy and sorrow. Still...."You're never old 'til regrets take the place of dreams." Kudos to the people who act on their dreams!