Thank you low tech taxing DEMS! According to the Greater Capital District Realtors The Pit Bull City has the lowest median home prices in the area with homes prices TANKING 13% from last year! The median home price in Schenectady is only $100,000 or $231,000 less than Saratoga. Rotterdam with its working together DEM morons tanked 7% to only $149,000. Everyone is blaming the incumbent DEMS who "understand the importance of high taxes". Better they understood how to budget and make serious cuts.
look to the ratings agencies and where the virtual value came from......we're faaaaaaalllllling.......we dont have enough $$ to buy enough 'friends'.......oh wait we did.....that would be the public sector ANYTHING jobs......
they HAVE TO CUT.......Greece is on it's way......
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
actually, the value of homes in schenectady has gone up. donlt believe the kool aid from the TU. Go to Greater Capital Region Realtors.. home vales up again, 12 percent,, homer values down in saratoga county.
houses holding value better here than in sara which is overpriced and out of reach for most people, even you guys.
actually, the value of homes in schenectady has gone up. donlt believe the kool aid from the TU. Go to Greater Capital Region Realtors.. home vales up again, 12 percent,, homer values down in saratoga county.
houses holding value better here than in sara which is overpriced and out of reach for most people, even you guys.
Ask and you shall receive. SB, make sure you read it correctly, do NOT look at the numers for the ONE LONE month of Sept only. EACH AND EVERY real estate professional WILL tell you that the TRUE picture of the value of houses is AT LEAST six months of sales. So mak sure you are looking at the YTD numbers. One LONE month is NOT reflective of what is going on.
SO, SB, you just can't handle the truth that house values rise in Saratoga, huh so you try to claim they are overpriced.
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
actually, the value of homes in schenectady has gone up. donlt believe the kool aid from the TU. Go to Greater Capital Region Realtors.. home vales up again, 12 percent,, homer values down in saratoga county.
houses holding value better here than in sara which is overpriced and out of reach for most people, even you guys.
Actually. you need to take a class in Real Estate 101.
the MOST BASIC thing of property value is that value is determined by what a willing buyer will pay to a willing seller on the open market; an open market sale does NOT include sales made between family, between friends, via estate settlement, foreclosure, short sales or any form of duress. EACH AND EVERY real estate expert, appraiser, assessor, legal opinions of state real property, etc know this
The FACT that there houses in Saratoga sell as high as they do is that there are willing buyers, there are buyers willing to buy at the price the sellers want to sell. Therefore since the willing buyer-willing seller exists, that PROVES that properties in Saratoga ARE INDEED priced correctly AND they are way far above Schenectady.
Now, SB, are you going to provide stories to us where sellers held guns to the heads of the prospective buyers forcing them to buy at the prices they have bought? Well? Are you? Please, provide the news stories where this has happened. NO SB, the buyers were WILLING to pay those prices.
The FACT that there ARE buyers willing to pay the prices in Sarastoga PROVES that the houses ARE INDEED of high value. The FACT that buyers do NOT want to pay the asking prices in the city of Schenectady PROVES that the values are SUBSTANTIALLY lower.
YOU, PERSONALLY may not want to pay $X dollars for a house in Saratoga because you PERSONALLY despise the FACT that Saratoga is doing much better than Schenectady, but the fact that YOU PERSONALLY won't pay the price does NOT mean that the MAJORITY of people don't either, quite the opposite, the MAJORITY of buyers are indeed willing to pay the higher prices which makes the houses in Saratoga valued MUCH HIGHER than in Schenectady
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
The home values have gone down 13% in the City and 31% in Rotterdam because of the all DEM working together morons. No one wants to pay these idiotic McCarthy taxes. The median price for a home in Schenectady is $100,000 the lowest in the entire region. The DEMS with their taxes and fees have destroyed property values. No wonder there are 1,200 abandoned properties in the imploded City.
Can you please explain HOW you claim that the prices of houses are going up??????
According to GCAR, which YOU claim is the good source of info, here is the following for the city of Schenectady
Median Sale price for the whole calendar year 2009 $110,000 Median Sale price for the whole calendar year 2010 $107,500
Please explain HOW you claim that the price is going up?
According to GCAR, which YOU claim is the good source of info, here is the following for the city of Schenectady which contains information for 2011:
Median sales price for Jan thru Sept 2010 $115,000 Median sales price for Jan thru Sept 2011 $100,000
SB, could you please explain HOW a REDUCTION in price means the price is going up?????? And remember, EACH AND EVERY real estate specialist, professional appraiser, assessor, etc will tell you NEVER to look at ONE LONE month to determine value. Value is determined by AT LEAST SIX CONSECUTIVE MONTHS of sales in one year. When making a comparison, one MUST use two equivalent time frames, in two different years, i.e. one may NOT compare January through June with July through December. It MUST be the SAME time frame. And as shown above, the FULL year for 2009 to 2010 for the city of Schenectady CLEARLY shows a DROP in home values. Likewise 2011 has had 9 months of sales and the comparison for the first 9 months of 2010 with the first 9 months of 2011 once again CLEARLY shows a DROP in home values in the city of Schenectady. Value is determined by the sale prices of AT LEAST six months of sales. Thus, the FACT is that the values/sales prices in the city of Schenectady are DROPPING.
I cite the sources:
For the comparison of the complete calendar year 2009 and the complete calendar year 2010 for the city of Schenectady, see line 5 on page 4
So again, SB, please explain how a reduction means the values are going up? Can your pea brain answer that? And cite sources, I mean LINK to sources?
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
According to GCAR, which YOU claim is the good source of info, here is the following for the city of Saratoga Springs
Median Sale price for the whole calendar year 2009 $285,000 Median Sale price for the whole calendar year 2010 $322,500
According to GCAR, which YOU claim is the good source of info, here is the following for the city of Saratoga Springs which contains information for 2011:
Median sales price for Jan thru Sept 2010 $310.000 Median sales price for Jan thru Sept 2011 $331.500
CLEARLY, and without any doubt whatsoever, the home values in Saratoga Springs are going UP (the OPPOSITE of the city of Schenectady)
Again I cite my sources: For the completer calandar year 2009 compared to the complete calendar year 2010. see line 4 of the following
For the first 9 months of 2010 as compared to the first 9 months of 2011, see the following---be sure, SB, that you are looking at the YEAR TO DATE number
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
And now, SB, using the COUNTY sales, comparing Schenectady Co and Saratoga Co"
Schenectady County:
For the complete calendar year 2009, GCAR reports the median sale price as $154,000 For the complete calendar year 2010, GCAR reports the median sale price as $157,500
Saratoga County:
For the complete calendar year 2009, GCAR reports the median sale price as $240,000 For the complete calendar year 2010, GCAR reports the median sale price as $252.000
I again, cite my sources, link provided here as shown on line 13 for Saratoga Co and linme 14 or Schenectady Co
Now then, there is the year-to-date comparison so that 2011 may be taken into account.
Schenectady County:
For the first 9 months of 2010, GCAR reports the median sales price as $159,000 For the first 9 months of 2011, GCAR reports the median sales price as $159,000
Saratoga County:
For the first 9 months of 2010, GCAR reports the median sales price as $254,900 For the first 9 months of 2011, GCAR reports the median sales price as $252,500
I cite my sources as follows, with applicable links
Once again, SB, pay attention to the year-to-date prices and NOT the one lone month of September, because, again, Real Estate 101: values are determined by at least six months of consecutive sales, so make sure you do NOT try to use the month of September only.
I would require viewing each individual municipality to see what is happening in the various munis in Schenectady County to determine what is keeping the median price flat, I mean, we KNOW that the CITY of Schenectady is seeing a HUGE drop in home value, but that can be offset by increases in one or more locales within the county.
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
One thing that is very notable is that handout from the president for people to buy homes. That handout was primarily in 2010 and clearly, even a big handout from the president still did not help the city of Schenectady which had total closed sales of 379 in 2009 and then WITH the handout, it dropped substantially to only 298 closed sales. Thus, even with a nice handout from the goverment and record low interest rates, people STILL did want to buy houses in the city of Schenectady
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Thank you low tech taxing DEMS! According to the Greater Capital District Realtors The Pit Bull City has the lowest median home prices in the area with homes prices TANKING 13% from last year! The median home price in Schenectady is only $100,000 or $231,000 less than Saratoga. Rotterdam with its working together DEM morons tanked 7% to only $149,000. Everyone is blaming the incumbent DEMS who "understand the importance of high taxes". Better they understood how to budget and make serious cuts. 
Logged
The home values have gone down 13% in the City and 31% in Rotterdam because of the all DEM working together morons. No one wants to pay these idiotic McCarthy taxes. The median price for a home in Schenectady is $100,000 the lowest in the entire region. The DEMS with their taxes and fees have destroyed property values. No wonder there are 1,200 abandoned properties in the imploded City.
