Albany County is at the center of New York’s Capital District which includes the surrounding counties of Albany, Schenectady, Rensselaer, Washington and Saratoga.The Capital District serves as primary residence and second home destination to almost 400,000 individuals. Albany County has a population of 45,000, almost 20,000 house units, average household income of $39,821 which results in per capita income of $17, 357.
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Albany County presents a striking contrast between its urban and suburban towns, like Colonie, Guilderland and New Scotland, which tend to have larger concentrations of luxury homes than the more rural areas. Those areas still have numbers of working farms, though they are disappearing. Many parts of Albany County, parts of the urban areas which are under renovation and many of the rural areas have very affordable homes. And commuting to the center of Albany can still be between 30 and 45 minutes.
Although home prices are rising there are great deals in Albany County. In a changing real estate market sometimes unusual opportunities arise. In addition to auction and bank owner properties which are dealt with in another section of this website, many properties are available which are extraordinarily opportunities. These properties range from luxury to affordable and in fact may be in any other category from waterfront to commercial to land.
Usually they result from some imperative on the part of the seller. In estate situations the heirs are often more interested in obtaining their share quickly then in maximizing their individual portions. In other situations property jointly owned by two individuals may come on the market as a result of the death of one party and the other may be particularly eager to sell. Or the partners may have a disagreement and want to sell the property quickly. Another scenario is where the owner suffers an economic reverse and needs to sell for economic reasons. Where a quick sale is needed the owner may be willing to sell below market value.
Great deals are also affected by the general economic climate. Where the real estate market slows, supply and demand results in a fall off in prices and opportunity for “great deals.” And some of these great deals are not our own listings. To pursue them we would have to work as your agent.
Listed below, with most recent listings first, are Albany County great deals. If you prefer you may display the listings in price order, for a specific price range. To search the listings of our MLS (multiple list system) Partners click on the appropriate links in the left margin of this page. Try first the Capital Region MLS. For the Southern part of the County also try the Columbia-Greene-Northern Dutchess MLS. For listings to the East also try the Berkshire County MLS. Searching these MLS systems directly is far superior to using general search sites such as Trulia, Zillow, and Realtor.com, or sites maintained by brokers such as Weichert, Coldwell Banker or Century 21.
By going to the multiple list systems directly you get the most detailed and up-to-date information available in that specific area. Then call us with listing numbers. We can provide you with additional information about specific listings and arrange to show you any listing in these different MLS systems. We are members of all of them – a true Regional Broker.
If you have already contracted with an exclusive listing or buying agent that agent will be responsible for advising you and assisting in the negotiation of the sale. While Sellers are almost always represented by an exclusive agent, the trend toward Buyers retaining an exclusive agent is relatively new in New York State. For more information call 800-398-8802.
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