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Ben Royce's Blog – April 2010 Archive (1)
Beacon is the new Rhinebeck (according to housing sales)
Only one area posted a gain in real estate prices in Dutchess County year-over-year: that was Beacon, up 1%.
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Everything else went down, for an average of -10.3% countywide, in one year.
Second worst was Rhinebeck: -42.3% in prices, in one year. (Amernia was the worst at 44.8%.)
So it seems that all of the rich New Yorkers who used to buy weekend homes in Rhinebeck are now buying weekend homes in Beacon.
Read all about…
Added by Ben Royce on April 8, 2010 at 8:41am — No Comments
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