24 Bolton Bolton, NY
A home like no other full of character & charm with views of Lake George! Historic home of Elsa Steinback, local poet, artist & socialite. New Roof, Oil burner, hot water heater, plumbing, well pump. Original character doors, glass ... Read More
103 Bobkat Hague, NY
Price Reduced! Perfect home very well built, on quiet cul-de-sac with seasonal lake views. Open floor plan, master on main, Real FP, 2 large BR up, bonus family room, WITH dock on Lake George. Shared beach in a resort like setting with tenn... Read More
394 Valentine Pond Horicon, NY
Perfect year round home or get-away! Work has been done, new Pella windows and trim, hardwood floors, kitchen with ss appliances and custom tiles, large wrap around deck. Has auto generator, 2 zone heat, and stone fire pit in yard. Plenty o... Read More
145 Moose Ridge Lake George, NY
Recently updated log home on a nice quiet street yet close to the Northway. New roof, blacktop circular drive, central A/C, refinished hardwood floors, new carpet & paint throughout, new expanded kitchen, new appliances, custom blinds, ... Read More
106 Coolidge Hill Bolton, NY
Super cozy recently updated home on almost 4 acres yet close to everything. Extra insulation, new windows, new flooring,, and new appliances included. Curl up by the new pellet stove on those chilly days. Feel like you are tucked away from ... Read More
Is It Really Still A Buyer's Market?
If you are looking to sell your home in the Lake George area, you are probably not going to like the answer. The unfortunate truth (for some) is that unlike other parts of the country, including other regions in New York State, Lake George and the surrounding Adirondacks has not seen a great lift in the real estate market (check out this article from a local paper. Making it an even more important time to price your home correctly to sell.
Why is this the case? It's a numbers game. The built up inventory from the recession years still has not thinned out. There are more homes for sale than we would expect to see in a typical year. A big part of that is our area is home to many vacation and second homes. Many purchases are a luxury versus a must have. This means that many home sellers, in order to attract buyers, need to price it right!
This begs the question: When will the market turnaround?
There's no clear answer to this, as no one can truly predict the future. But in past downturns in the economy, the Lake George area has been about a year behind other markets, both regionally and nationally. When things do turn around it is a very hot and competitive market.
If you are looking to see if you can get a good deal on a new home or a vacation home in Lake George, please give me a call at (518) 321-1870. The time is right - high inventory, lower prices and low interest rates. If you are looking to sell your home, please give me a call and we can discuss ways to get the most in this market.
55 woodland - bolton
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