Yep, the dem leaders, oh yeah, McC's grand tours, etc, doing NOTHING

http://www.gcar.com/download/local-market-updates/City-of-Schenectady.pdf

Now again, as any intelligent person knows, six months is what is really needed for a good picture of what is happening, and unfortunately GCAR always just uses the "January to date" info.

However, look at the EVIDENCE (to quote one of DV's favorite terms even though he NEVER provides ANY evidence of the statements he makes) from the city stats above.

I'm waiting for SB to come on here and say values in the city are increasing because of the $105,000 amount in the sole month of March.   That is quite deceiving.   And remember, the city is NOT comprised of one neighborhood only.

This winter has been mild, people have not been couped up in their hoomes in bitter cold and heavy snow.  In fact, the month of March, who actually stayed inside?  Spring bloomed in March, windows open, etc.   So people got out.   Typically house sales pick up once the weather gets nice.   But look at the one lone month of March in the city!   One year ago, in the midst of lots of snow, there were 23 closed sales of houses in the city.   This year, in the same month, only a mere 15 sales!   With the HUGE HUGE numbers of houses for sale THROUGHOUT the city and only 15 closed sales!    NOTHING TO BRAG ABOUT.  

Something else to note, the numbers are for "sales that closed during March."   So some may be sales that started during Feburary, you know, that first "McC tour."   A taxpayer subsidized bus tour/open house extravaganza results in a 30+ % reduction in closed sales?   Interesting.   But wait, that would still mean that from offer to closing took only four to five weeks.   Come on, remember that most of those looking at houses were people aready living in the city who never considered buying a house, you know, no money for a down payment, etc.   That may, not definitely, but very well may translate to people who have less than stellar credit and this program I don't believe is to result in someone getting a closing really quickly.  

The uptick in the ONE LONE month only median price as compared to the same ONE LONE month a year ago could be reflect sales of houes in the nicer areas of the city,  With fewer and fewer houses in the city actually selling, a one month only concentration of a few houses in one more desirable section of the city that may have higher values, a few closed sales of such houses would throw the ONE MONTH ONLY median sala amount higher.   Until an actual list of what houses actually closed in March is available, there is no way of knowing.

Now looking at the year to date numbers, well, look, despite a mild winter when people got out of their houses more, the median house sale is down to less than $85,000.   Again, I do state, it takes six months of sales to provide a true picture.   Unfortunately GCAR doesn't have the Oct through Dec info availalbe.   I wish they would have the stuff posted for each month.

Maybe they should be happy.  I mean, if their house values plummet, then they'll be paying less taxes, right?  Oh, right, they need to fight to get their assessment lowered to the houses actual value, which is impossible in Schenectady.

Quoted from rampage

Maybe they should be happy.  I mean, if their house values plummet, then they'll be paying less taxes, right?  Oh, right, they need to fight to get their assessment lowered to the houses actual value, which is impossible in Schenectady.

no....it's the LEVY.....unless the levy is lowered the taxes remain the same because the formula to get all the needed funds for the government
to function must be collected....

IT'S THE LEVY

WE CAN'T AFFORD OURSELVES...we keep building bigger government with a giant workforce and large gratuitous benefits and then say
look at us we have low unemployment...eventually it will implode....I would suspect after Big Daddy Bloomberg gets all his stupid Demolition
Man utopia to spread all over NYS

This surprises who? You can't give away property in the City. Here's the DEM solution-raise fees/raise taxes and hire more peeps at the s*** plant. The City is in free fall with only $75,000 in the bank. No one on Council will cut one spending programs. The all DEM morons on City Council actually padded the budget last Fall. They don't have a clue and are actually asking reporters for budget ideas. CUT TAXES/End entire do nothing departments/10% across the board layoff of City Hall lobs. Try putting actual business people not DEM hacks on City boards.

Quoted from benny salami

  Try putting actual business people not DEM hacks on City boards.

AMEN


But to clarify "business people"  -- be sure that does NOT include ANYONE with political connections, and must NEVER be a business which would gain something from the board decisions (such as tax exemptions)

And some ordinary homeowner taxpayer or two on boards would help too



.

Quoted from mikechristine1

AMEN
But to clarify "business people"  -- be sure that does NOT include ANYONE with political connections and must NEVER be a business which would gain something from the board decisions (such as tax exemptions).And some ordinary homeowner taxpayer or two on boards would help too.

Here's the problem-NO LEADERSHIP. What's the Mayor's plan to address the free fall of property values in the City because of his taxing and fees? ZZZZZ. Pretend the problem doesn't exist. Blame Al. Talked to some DEM on the County Leg. They are working on yet another plan to help more unqualified buyers. Same crap over and over. Told them to increase the City's sales tax share that's the only thing that can help the oppressed City property owners.

By now all the producers and real tax generators (i.e. predominantly white middle class) have been driven out. They have it locked up and can torture the rest of us as much as they feel like with no shame. The worst is that they have loyal and blind lapdogs to cheerlead while the place goes up in flames (like Ron Seversen) who ONLY care about political machine power building, while they stick knives in the backs of the middle class taxpayers who are stuck here or refuse to leave a place that was once great and lives in their hearts.

Luckily he's at the A-Jello for Assembly dog & pony show at Proctor's today and off his computer. The REPS also deserve blame for allowing this to happening while not bothering to field any candidates. Waving a white flag is not a policy. It's hard to rebuild on mud. Same problem in Nisky and here. The current City "leadership" with the exception of Vince Riggi is a total joke. They need a recall option to get rid of these horrible DEM lifers who want to tax every business out of existence. The natives are finally getting restless.

I saw some of that dog and pony show....only it a dog and goat show.....DVOR was in the corner with something fuzzy

Quoted from senders

I saw some of that dog and pony show....only it a dog and goat show.....DVOR was in the corner with something fuzzy

Sorry to hear it. Had to have it at the Green Market to trap the innocent bystander. A-Jello with Taxin Tonko! If you like higher taxes and crashing property values vote for them.