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Rural Living is the New Normal

Posted on Fri,Apr 9, 2021Fri,Apr 16, 2021 by Katherine Kim
TKG Realtor on 38 South Front Street – Say Hello to Carolyn, Victor, Chris, and Paul and everyone there!

Last year during the COVID-19 lockdown in New York, city folks ignited the upstate New York real estate market. People were buying properties, site unseen, driving sales prices up. Bidding wars on rental properties became commonplace in Hudson, NY. Many AirBnB’s required a minimum 30-day stay. As the state reopens and New Yorkers race to get vaccinated, how has this affected the upstate real estate market? Are prices coming down to earth? Are there more rentals available? Are people returning to Brooklyn?

 Kinderhook real estate salesperson, DeWayne Powell of Berkshire Hathaway Home Services, BLAKE Realtors doesn’t think so. “Rural living is the new normal,” says Powell. He reasons, “the shift in the residential real estate market has been anchored by purchases, not short-term renting.” This seems to be a common sentiment among real estate professionals. According to Victor Mendolia of The Kinderhook Group, most of the buyers a year ago during the pandemic were Brooklynites and now they are people who have already been renting in the area for a few years and now prefer to become homeowners. And the Brooklynites who moved upstate in droves during the lockdown? They “seem planted,” observes Mendolia. A number of them “paid top dollar all winter…there’s no going back to the City,” opines Mendolia. 

  • Windows at TKG Real Estate

And the current state of the market? Is it still on its upward trajectory? Is there still upside potential? There is little if any inventory on the residential side and that includes rentals. “Normally, at this time of the year, the market is flooded with new listings,” says Powell, but inventory is low. “[S]ellers have nowhere to go,” he continues. There is nothing to buy in this area nor in retirement areas like Florida. This makes for an extremely competitive market. Less sales, but higher prices. “Higher offers, cash offers, on-the-spot offers,” says Mendolia. According to the Realtor.com “Hotness Index” the upstate New York real estate market has cooled off a bit. Mendolia corroborates, “things have calmed down a little bit…no more panic moving.” But prices are still rising. In the February housing report from the New York State Association of REALTORS, when comparing February 2020 to February 2021, sale prices are up 22 percent, closed sales are up 24 percent and inventory has shrunk 31.5 percent. One downside to both buyers and sellers is closings tend to take longer “due to the increased workload for everyone necessary in the buying process; title searches, lawyers…banks,” says Christine Jones of The Kinderhook Group.   

With Hudson prices rising both on the sales and rental sides, where is everyone going? Philmont seems to be the “secret hot spot,” whispers Mendolia. A number of his recent sales have been in Philmont and the buyers were not recent transplants but longtime Hudson renters. 

Summer rentals?  “[F]orget snagging a summer rental at a reasonable price,” warns Powell. His recent search on the Columbia County MLS resulted in only three furnished rental properties. Powell informs us that the seasonal rentals that are listed privately start at $100K and eventually those will be gone well before the start of the summer.

Across the board, most real estate professionals believe the market will pick up again once most people are vaccinated. Listings will again flood the market and buyers and sellers will contribute to the swirling activity of the well anticipated “roaring twenties” reopening…

Katherine Kim
katherine@trixieslist.com
Instagram @wanderingberet

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EVENTS

April

May 2022

June
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MO
TU
WE
TH
FR
SA
1
2
3
4
5
6
7
Events for 1st May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 6:00 pm

H. David Stein: “Off the Wall Flowers”

510 Warren Street
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
3:00 pm - 4:30 pm

ALEXI KENNEY

Hudson Hall
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
7:30 pm - 9:00 pm

Clarkston

Bridge Street Theater
Events for 2nd May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
6:00 pm - 7:00 pm

Mens Yoga

Roots Holistic Wellness
7:30 pm - 9:00 pm

QUIZ NIGHT AT BAR BENE!

Bar Bene
Events for 3rd May
No Events
Events for 4th May
7:00 pm - 11:00 pm

Half Moon Karaoke

Half Moon
Events for 5th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
7:30 pm - 9:00 pm

Clarkston

Bridge Street Theater
Events for 6th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
3:00 pm - 4:00 pm

Close Readings in a Virtual Space: Kimberly Alidio on Mei-mei Berssenbrugge

6:30 pm - 10:00 pm

Steel Magnolias – Dinner and a Show

7:30 pm - 9:00 pm

Clarkston

Bridge Street Theater
Events for 7th May
8:00 am - 6:00 pm

The Workshop Experience Weekend

9:00 am - 1:00 pm

Hudson Farmers’ Market 2022

Hudson Farmers' Market
10:00 am - 11:30 am

Hudson Senior Center Presents Nature Walks with Nature Sarah

Greenport Conservation Area
10:00 am - 5:00 pm

American Kennel Club Scent Trials at the Museum

FASNY Museum of Firefighting
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
11:00 am - 12:00 pm

Ecology Series: Native Plants Walk with Glenda Berman

12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
12:00 pm - 2:00 pm

Drag Brunch at The Maker Restaurant – Noon

The Maker
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
1:00 pm - 5:00 pm

Steel Magnolias – Brunch and a Show

1:00 pm - 3:00 pm

Genealogy Workshop

The Historic Robert Jenkins House
2:00 pm - 3:00 pm

3rd Annual Hudson Mad Hatters’ Parade

Hudson Area Library
2:00 pm - 4:00 pm

Drag Brunch at The Maker Restaurant – 2pm

The Maker
3:00 pm - 5:00 pm

Exhibit Opening: The History of the Albany-Hudson Electric Trail at Hudson Area Library

Hudson Area Library
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
6:30 pm - 10:00 pm

Steel Magnolias – Dinner and a Show

7:30 pm - 9:00 pm

Clarkston

Bridge Street Theater
8
9
10
11
12
13
14
Events for 8th May
10:00 am - 5:00 pm

American Kennel Club Scent Trials at the Museum

FASNY Museum of Firefighting
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
1:00 pm - 5:00 pm

Steel Magnolias – Brunch and a Show

3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
6:30 pm - 10:00 pm

Steel Magnolias – Dinner and a Show

7:30 pm - 9:00 pm

Clarkston

Bridge Street Theater
Events for 9th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
6:00 pm - 7:00 pm

Mens Yoga

Roots Holistic Wellness
7:30 pm - 9:00 pm

QUIZ NIGHT AT BAR BENE!

Bar Bene
Events for 10th May
No Events
Events for 11th May
No Events
Events for 12th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
8:00 pm - 10:30 pm

Dust Bowl Faeries + Frenchy & the Punk, Thurs May 12, Colony Woodstock

Events for 13th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 5:00 pm

D’Arcy Simpson Art Works Presents: Seeing Through the Gray by Mary Breneman

D'Arcy Simpson Artworks
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
Events for 14th May
9:00 am - 1:00 pm

Hudson Farmers’ Market 2022

Hudson Farmers' Market
10:30 am - 1:00 pm

The Oakdale Rewilding Project – Part 2

Oakdale Lake
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 1:45 pm

Explore & More Interactive Tour for Families

ART OMI
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
1:00 pm - 2:00 pm

Bans Off Our Bodies Rally

Planned Parenthood, Hudson
1:00 pm - 4:00 pm

RECESS x Marine Penvern Atelier

Marine Penvern Atelier
2:00 pm - 4:00 pm

Let’s Talk About the Waterfront

Henry Hudson Riverfront Park
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
5:00 pm - 7:00 pm

Recent Work by Joseph Rapp

Nicole Vidor Real Estate
5:00 pm - 8:00 pm

2econd Saturday Hudson Gallery Crawl

The City of Hudson
5:00 pm - 7:30 pm

Writers Residency Reading

6:00 pm - 8:00 pm

The Proprietors Social

Hudson Hall
7:00 pm - 9:00 pm

A Bintel Brief

Bridge Street Theater
8:30 pm - 10:30 pm

Athens, NY: Second Saturday Film Series

Athens Riverfront Park
15
16
17
18
19
20
21
Events for 15th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
2:00 pm - 3:30 pm

A Bintel Brief – Sunday

Bridge Street Theater
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
Events for 16th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
6:00 pm - 7:00 pm

Mens Yoga

Roots Holistic Wellness
7:30 pm - 9:00 pm

QUIZ NIGHT AT BAR BENE!

Bar Bene
Events for 17th May
10:00 am - 11:30 pm

Hudson Senior Center Presents Nature Walks with Nature Sarah

Greenport Conservation Area
Events for 18th May
7:00 pm - 11:00 pm

Half Moon Karaoke

Half Moon
Events for 19th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
Events for 20th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
5:00 pm - 7:00 pm

Greenport Pumper – Hot Dogs

6:00 pm - 7:30 pm

Author Talk on Slavery and Resistance in Dutch New York

Hudson Area Library
6:00 pm - 8:00 pm

An Evening of Poetry: Stacy Szymaszek, Kimberly Alidio, Miriam Atkin

Time and Space Ltd.
Events for 21st May
9:00 am - 1:00 pm

Hudson Farmers’ Market 2022

Hudson Farmers' Market
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
3:00 pm - 3:30 pm

NEARLY STATIONARY – 3pm

Hudson Hall
3:00 pm - 6:00 pm

Slicker Bumpkin: Brian Healey

46 Green Street Studios
5:00 pm - 5:30 pm

NEARLY STATIONARY – 5pm

Hudson Hall
22
23
24
25
26
27
28
Events for 22nd May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
12:00 pm - 3:00 pm

Hudson Home Hosts Book Signing with Julianna Margulies

Hudson Home
12:00 pm - 2:00 pm

Alexis deBoschnek Book Signing at Talbott & Arding

Talbott & Arding
3:00 pm - 8:00 pm

Walter Gurbo: Ancient Future. Recent Relief Paintings & Sculpture

Lightforms
3:00 pm - 3:30 pm

NEARLY STATIONARY – 3pm

Hudson Hall
5:00 pm - 5:30 pm

NEARLY STATIONARY – 5pm

Hudson Hall
Events for 23rd May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
6:00 pm - 7:00 pm

Mens Yoga

Roots Holistic Wellness
7:30 pm - 9:00 pm

QUIZ NIGHT AT BAR BENE!

Bar Bene
Events for 24th May
No Events
Events for 25th May
No Events
Events for 26th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
6:00 pm - 7:30 pm

Trolleys, Trails and Tales: Interpreting the Empire State Trail’s Albany-Hudson Electric Trail

Hudson Area Library
8:00 pm - 10:00 pm

Hellbent: A Journey From Hudson to Hades

Poured Candle Bar
Events for 27th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
7:30 pm - 9:30 pm

Dust Bowl Faeries (duet) at Hudson Roastery

8:00 pm - 10:00 pm

Ancram Opera House presents SUNWATCHER

Events for 28th May
9:00 am - 1:00 pm

Hudson Farmers’ Market 2022

Hudson Farmers' Market
10:30 am - 1:00 pm

The Oakdale Rewilding Project – Part 2

Oakdale Lake
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
12:00 pm - 3:00 pm

Trans Closet Pop Up

Lightforms
3:00 pm - 3:30 pm

NEARLY STATIONARY – 3pm

Hudson Hall
5:00 pm - 5:30 pm

NEARLY STATIONARY – 5pm

Hudson Hall
8:00 pm - 10:00 pm

Ancram Opera House presents SUNWATCHER

29
30
31
1
2
3
4
Events for 29th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
12:00 pm - 6:00 pm

Doris Simon: “Mountain Panoramas”

510 Warren Street
3:00 pm - 5:00 pm

Ancram Opera House presents SUNWATCHER – Sunday

3:00 pm - 3:30 pm

NEARLY STATIONARY – 3pm

Hudson Hall
5:00 pm - 5:30 pm

NEARLY STATIONARY – 5pm

Hudson Hall
Events for 30th May
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
6:00 pm - 7:00 pm

Mens Yoga

Roots Holistic Wellness
7:30 pm - 9:00 pm

QUIZ NIGHT AT BAR BENE!

Bar Bene
Events for 31st May
No Events
Events for 1st June
5:00 pm - 6:00 pm

PRIDE: Out of this World

7:00 pm - 11:00 pm

Half Moon Karaoke

Half Moon
Events for 2nd June
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
7:30 pm

Fourteen Funerals – Evenings

Bridge Street Theater
Events for 3rd June
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
6:00 pm - 8:00 pm

FOPS Community Meeting

Chamber of Commerce
7:30 pm

Fourteen Funerals – Evenings

Bridge Street Theater
Events for 4th June
9:00 am - 1:00 pm

Hudson Farmers’ Market 2022

Hudson Farmers' Market
11:00 am - 5:00 pm

Malia’s Garden: Artist Allison Green

Susan Eley Fine Art Gallery
11:00 am - 1:00 pm

Ecology Series: Seasonal Landscape Walk with Artist Brece Honeycutt

ART OMI
3:00 pm - 6:00 pm

Poke The Bear

Hudson Brewing Co
5:00 pm - 5:30 pm

NEARLY STATIONARY – 5pm

Hudson Hall
7:00 pm - 7:30 pm

NEARLY STATIONARY – 7pm

Hudson Hall
7:00 pm - 10:00 pm

Trixie’s Drag Extravaganza Starring Merrie Cherry

Hudson Brewing Co
7:30 pm

Fourteen Funerals – Evenings

Bridge Street Theater

Support Local Business

Hellbent - Poured Candle Bar
Rachel Feinstein at PCB
The Hudson Eye
Senior Health Solutions
Robin\'s Nest
DArcy Simpson Artworks
Hudson Hall
Susan Eley Fine Art, Hudson, NY
DArcy Simpson Artworks

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