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Homes In Hudson Valley At An Ideal Location
Hudson Valley in New York refers to the valley that lies on the banks of the Hudson River and the neighboring areas. The region covers cities like Troy and Albany and extends up to the Westchester County. Hudson Valley was originally inhabited by European settlers and has now come to be a suburban extension of New York City.
Over the years, the rising costs of living and the increasing population of the region have prompted many people to leave the downtown area and settle down in the suburbs. Hudson Valley has emerged as one of the choices of many of these people. This has gradually led to a high demand for homes in Hudson Valley. In fact, a high demand has consequently led to an increase in the prices of residential properties in Hudson Valley. This holds true especially for the central Hudson Valley areas and those that lie in the lower regions. The growth of the real estate market has had an effect on the overall development of the region and this is manifested in the commercialization of the area. The shopping malls that have come up in the recent years are an indicator of that change. Some people, who have been based in the valley for long, have opposed to this rapid commercialization and sought for a revival of the natural beauty of the region.
Hudson Valley has an idyllic setting and therefore it is not surprising when buyers want a house by the creek or at an isolated location, far away from the bustling lifestyle of the city. Realtors in Hudson Valley are all of the same opinion that most of them receive requests for such houses for sale in Hudson Valley. What comes as a relief for prospective buyers at this point of time is the fact that there are number of properties listed in the inventory. A large number of these houses in Hudson Valley have been priced within an affordable range.
Buyers, on the other hand, are often left with a limited number of choices. This is on account of the fact that most of the homes that the early settlers had built are located close to the road or lack proper planning that is characteristic of modern day construction. So even if you are willing to pay a lump sum, you may not end up getting a house that would match all your requirements.
Following the recession, the prices of Hudson Valley real estate property have undoubtedly gone down. You may even come across properties that have a tag attached stating that it is available at a reduced price. Most of the homes in the area are available within the price range of $25,000 to $ 35,000 and are in fact mostly opted for people who are looking for a used property. These are not far away from the city center and can be reached within an hour or two's drive. People who are looking for homes in Hudson Valley are now deviating further into the Sullivan County, Delaware County, Catskills and areas located along the Pennsylvania borders.
By: Kate Washington