Hudson NY real estate gone crazy. When we opened our real estate office in Hudson New York in the 1990 and purchased our building for $75,000 we knew it was a good investment. Its worth $500,000 today.
I have just been working as a buyer’s agent for a lovely couple from Connecticut who like Hudson. We can’t believe the difficulty of purchasing real estate. Very low stock and good properties disappear overnight. Hudson NY real estate gone crazy.
We knew the Hudson New York real estate market would pick up. But we never expected it to surge like it has in the past couple of months. Hudson NY real estate gone crazy.
Over the last year over 27 multifamilies have sold. 65 single family residences have sold. 13 commercial properties have sold. Currently there are only 38 single family residents, 18 commercial properties and 16 multifamilies on the market. Hudson NY real estate gone crazy.
Hudson New York real estate is the center of the Columbia County real estate market. It is surrounded by the Town of Greenport. with the Town of Stockport to the north, the Town of Claverack to the east and the Town of Livingston to the south.
Hudson New York real estate is affected by the nature of Hudson, New York. According to the U. S. Census for 2000, the city has a total area of 2.2 square miles square miles and a population of 7,524 people, 64% white. The median income for a household is $24,279 and the per capita income for the town is $15,759.
Hudson, originally known as “Claverack Landing,” was settled by New England whalers and merchants and was chartered as a city in 1785. The city grew rapidly and by 1790 was the 24th largest city in the United States. As late as 1820, it was the fourth largest city in New York State.
In the late 19th and first half of the 20th century, Hudson became notorious as a center of vice, especially gambling and prostitution, boasting more than 50 bars. In 1951 raids during Governor Dewey’s tenure ended much of the vice. Hudson experienced a steep decline in the 60s and 70s. A group of antiques dealers opened shops, eventually numbering 70, on the city’s main thoroughfare, Warren Street, in the mid-1980s.
Following this business revival, the city experienced a residential revival as well, and is now known for its active arts scene, antiques shops, restaurants, art galleries and nightlife. In recent years Hudson New York real estate values have steadily increased. In the past year these values have jumped considerably. Hudson NY real estate gone crazy.
Its Amtrak station is very attractive to relocating New York City residents who find the 2 hour trip to New York a good substitute for living in the Big Apple. For more info contact David Birch, Principal Broker, 518-928-7239