YourCyberAgent - Dutchess County Realtor

Real Estate Broker/Owner - Legacy Land & Homes, LLC
If you’re in the market for a new home or investment property, one of the first questions you’ll probably ask is, “What can we afford?” Many buyers become so caught up in how much they can afford that they don’t realize their total buying power—that is, the total amount of purchasing potential th...
The National Association of Realtors recently wrote an article in it's magazine: 10 Best Places to Buy a Foreclosure in 2013 Based on a study done by RealtyTrac, the best places to buy foreclosures were listed based on the number of foreclosures in the area & the percentage discount. 4 out of the...
According to an article in "a handful of billionaires are quietly dumping their American stocks . . . and fast."  Billionaires don't make that kind of money by making mistakes. So what do they know that most others don't? More importantly what does it mean? Warren Buffet's "Berkshir...
Many... hmmm some... people believe according to the Mayan Calendar December 21st will be the end of the world. Here's my belief, after forecasting 5,125 years into the future, the Mayan in charge of creating the calendar either past away of extreme bordom or very old age. Perhaps he just quit! E...
Being born in the 70's I grew up as part of Generation X. My parents on the other hand are members of the Baby Boom generation. It amazes me how much things have changed between a single generation. My parents bought their first and only home in the 70's. They were in their early 30's. They bough...
Finally, FNMA is getting on board with E-Signatures. Starting this week, FNMA is accepting E-signatures on it's Home Path REO properties. It's been a long time coming, but it appears the momentum is moving towards industry acceptance of this techology. So what will this mean for our Industry if e...
In a recent article in Bloomberg News I was quoted as stating the number of Short Sales in my market is huge but our REO inventory is low (compared to just a few years ago). Bloomberg News wanted to know if investors are competing for fewer REO properties and the decreased supply has helped level...
Statistics provided by Mid-Hudson MLS   SINGLE FAMILY DETACHED Jul '11   Jun '12   Jul '12 Yr Chg               Current Closed Sales 141   135   147 4.3 Y-T-D Closed Sales 761   639   795 4.5 Current Average Selling Price 307,831   294,005   316,732 2.9 Y-T-D Average Selling Price 347,692   298,...
I remember when I got my real estate license. Very few agents in my area had a website and most of the ones that did typically had a billboard type single page site.  But as time went on, more and more agents had their own websites. The lastest buzz at the time was virtual tours. There were typic...
I read the article below, this may explain the excessive drop in REO listings in NY. Perhaps once these settlements are comlete things can finally get back to normal. We need to clear out the backlog of REO properties before this market will stabilize. From HousingWire: More than 40 states to si...

Curt Darragh

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