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CENTURY 21 Alliance Realty Group's Blog

Dutchess County Real Estate Market Update August 2015

The residential real estate market in Dutchess County, New York, has remained stable so far this year with a steady increase in closed sales.    

Here is how year-to-date through August 2015 stacked up compared to the same period last year for single family homes in Dutchess County, which consists of single-family detached homes, townhomes & condominiums combined.  

Hotels, Spa, Conference Center, Restaurant, Retail & Residential Lofts Planned in Hyde Park

Concept plans for a 339-acre parcel in Hyde Park, named "Bellefield at Historic Hyde Park", have been updated and were presented to a joint meeting of the Hyde Park Town Board and the Hyde Park Planning Board on Monday.

The first-phase plan calls for developing two hotels, one high-end luxury hotel with a conference center and spa with a national brand reservation system, and a second middle-market hotel.  The first phase plan also includes a free-standing signature restaurant and culinary-based retail establishments with 40 residential lofts above the stores. A later phase would involve building 500 residential housing units.

The next step for the developers is to present a site plan to the Hyde Park Planning Board.

An economic impact study by Hotel & Leisure Advisors of Cleveland, Ohio, projects an economic impact from visitor spending of $29.8 million in first-year revenues and an overall impact, including indirect economic effects, of $47.7 million. The study estimated 369 permanent jobs would be created in the hotels, restaurant, spas, conference center and retail shops, and approximately 550 construction jobs would be created in building phase one.

Get more details in the Poughkeepsie Journal article: Developers Plan $100 Million Hyde Park Hotel Tourism Project 

Easy Steps to Make Your Home More 'Green'

More buyers and home owners are ranking energy-efficient and environmentally-friendly home features high in surveys.

When placing your home on the market, be sure to give your agent a list of all the 'green' energy-efficient and environmentally-friendly features you have in your home.  These features do make a difference for buyers, and may cause your home to sell faster and for more money.  

You can also realize considerable savings on your monthly utility bills.

Here is a list of some easy steps you can take to make your home more 'green'.