News

"AGENTS FOR CHANGE" GIVE BACK TO THE COMMUNITY

http://www.saratogian.com/20170409/local-realtors-donate-to-charity-of-clients-choice

2017 BREAKFAST OF CHAMPIONS

Craig LeClaire and James Rosenberger were recently honored at the 2017 Breakfast of Champions as two of the top real estate agents for their achievements in residential sales for 2016. LeClaire closed over 10 million dollars of real estate sales and Rosenberger closed over 4 million dollars. The event was held at the Glen Sanders Mansion in Scotia and was attended by over 300 Realtors.

HIGH PROFILE CLIFTON PARK LOCATION

17,000 square foot single user or multi-tenant office/medical building in an area of high traffic counts. Abundant parking, high visibility and flexible floor plan. Available for lease @ $18.95 psf.

For further information, contact Christopher Falvey @ 518.640-2561 or cfalvey@falveygroup.com


Capital Region Skinny


Choosing a Contractor

When remodeling, renovating or building a home, choosing a contractor is paramount. Your home is a significant investment, and you shouldn't feel pressured to make a quick decision on the professional you work with. Ask a lot of questions and take your time when making this decision.

Finding a Contractor

Talk to friends who have had similar work done. They can tell you their experiences and can provide great references.

Visit home shows in the Capital Region - there are several each year.

Talk to the contractors & look at their portfolios.

Call your local Better Business Bureau to check for complaints that may have been filed.

Check the websites of local contractors and make sure they subscribe to the local CRBRA Code of Ethics.

Planning the Project

If you are planning a major renovation, we suggest hiring an architect or designer. Make sure you have a plan. If you don't, you may want to consider hiring a design/build firm.

Prepare a detailed written description of what you want done and be as specific as possible. These notes you'll want to share with your contractor.

Meeting with the Contractor

Select more than one contractor to discuss your project with. Ask for examples of their completed work and work in progress.

Consider asking the following questions: How long have you been in business; do you have a permanent business location; are you & your subcontractors licensed to do plumbing & electrical; do you carry worker's compensation & liability insurance; will the contractor apply for all the permits; what kind of warranty do they offer; & request that an estimate include specifics.

Get it in Writing

Always, always get everything in writing. The contractor should provide a clearly written contract. Review it carefully before signing.

Most importantly, when you finally hire someone, consider their reputation, knowledge, reliability and willingness to stand behind their work!


This Could Be The Best Time In A Generation To Buy A Home

Housing affordability is the best it has been in decades. Nationwide, average home prices are approximately 1/3 lower today than at their peak in 2006.

The cost to buy is very often less than the cost to rent a comparable property. In fact, buying is cheaper than renting in 98 our of 100 major markets throughout the United States.

Interest rates are at an historic low, and today's low rates can be locked in for the next 30 years.

The general economy appears to be improving, with employment increasing, median wages rising, and little indication of possible inflation.

Overall, conditions indicate today may be the perfect time to buy a home!


Capital Region Listed in Forbes "Best Places to Look For a Job"

The Capital Region was ranked fourth among 10 metropolitan areas featured by Forbes Magazine in its annual list of Best Cities for Jobs. The list took into account the 100 largest U.S. cities and was based on a number of statistics, including unemployment rate, household income and projected job growth. Forbes ranked Washington D.C., Des Moines, Iowa and Poughkeepsie-Newburgh as 1st, 2nd and 3rd respectively.

The Tech Valley initiative that started nearly a decade ago is now starting to pay dividends with Albany's College of Nanoscale Science & Engineering (CNSE) and the Global Foundries chip plant in Malta, NY. In addition, Schenectady's General Electric is adding 500 employees at its alternative energy division and is building a 350 employee battery factory as well.

Forbes designation signifies the region now has a recognized high technology sector that is powering the local economy.


Recognizing Our Realtors

DAVID CHIDYLLO has recently joined the Falvey Real Estate Group as a licensed salesperson.  To reach David, call 518.452.3912 (office), 845.926.7680 (cell) or dchidyllo@falveygroup.com.   Chidyllo is a graduate of Empire State College and has over 5 years of real estate investment experience within the 5 boroughs of New York City.

CASSANDRA FRANKLIN has recently joined the Craig LeClaire Team of the Falvey Real Estate Group. Franklin has over 5 years of sales, customer service & promotional marketing experience and studied Music Industry @ SUNY Broome & Marketing @ Hudson Valley Community College. Her focus will be on first time home buyers and residential resales.                

ANTHONY FALLATI recently joined the Falvey Real Estate Group as a licensed salesperson. Fallati is a graduate of LaSalle Institute and attended both Hartwick College and Hudson Valley Community College. As a life-long resident of the Capital District, Fallati will focus on residential sales, first time home-buyers and new construction.      

CRAIG LECLAIRE, an Associate Broker with the residential division of the Falvey Real Estate Group recently earned the esteemed Accredited Buyer Representation (ABR) designation and the Short Sales & Foreclosure Resource (SFR) certification. The ABR designation is the benchmark of excellence in buyer representation and agents with SFR certification are trusted resources for short sale and foreclosure management. To contact Craig, call (518) 210-7500 or email cleclaire@falveygroup.com.

At a recent luncheon sponsored by the Commercial and Industrial Real Estate Brokers, Inc. (CIREB), the 2010 elected Officers and Directors were announced. KEVIN BRODERICK, an Associate Broker with the commercial division of the Falvey Real Estate Group is entering his sixth year serving on the Board of Directors for this Association. As Director, he has been actively involved in education, technology, bi-laws and other related missions for CIREB and its multiple listing service members. To contact Kevin, call (518) 640-2564 or email @ kbroderick@falveygroup.com.

CRAIG LECLAIRE awarded a $500 scholarship to Sean Dunn, a graduate of Mechanicville High School for achieving the highest average in the schools business classes.


Intel Locating East Coast Headquarters to Albany

Five major international computer chip companies will inject $4.4 billion dollars into 5 new Research & Development operations in Albany, NY to accomodate the ongoing demand to develop the next generation of computer chips. Other companies participating are IBM Corp, Global Foundries, Inc., TSMC & Samsung. The broader R&D project, involving all 5 companies, includes an initiative to support purchasing up to $400 million in tools & equipment from companies within the State of New York.

The University at Albany's College of Nanoscale Science & Engineering in Albany, NY will be the focal point for this project and will create roughly 800 jobs @ Albany NanoTech and an estimated 1,500 construction jobs.


Top Five Reasons to Buy a Home

If you've been on the fence about buying a home, now is the time to take the leap. Below are five reasons that homeownership can be great!

Equity. When you pay rent, you never see that money again. Even though buying a home may mean out of pocket inital costs, you will make that money back with the euqity you've built in your home. Homeownership is about building long-term wealth.

Relationships. Renters tend to see their neighbors come and go. Homeowners, however, have yards, community pools and neighborhood gatherings for people to meet and socialize. Neighbors stay put much longer (at least 3 to 5 years if they hope to recoup their closing costs). This means more time to build relationships.

Predictability. As long as you have a fixed rate term on your mortgage, its predictable. Many people buying homes today lean towards the fixed rate mortgage - meaning that the monthly payment will be fixed for the life of the term.

Ownership. This one is a "no brainer". Homeownership means you own the home - which has some incredible perks. You can personalize it to your taste with updating, painting or even planting a tree or adding a pool! This is the chance to show your personality through your home!

Great Deals. As everyone knows, it's a great time to buy. Interest rates are at historic lows. In addition, homes are more affordable than ever before. If you have steady income and cash for a downpayment, be sure to talk to an agent at Falvey Real Estate Group!


First Rate Commercial

COMMERCIAL LENDING THAT MAKES SENSE!

1st Rate Commercial, a division of the Falvey Real Estate Group, was founded in 2003 by Christopher J. Falvey.

This unique mortgage banking company can arrange real estate financing at virtually any level. Our lenders provide commercial credit programs for any needs including commercial term loans and lines of credit. Commercial financing is available for new construction as well as existing properties.

1st Rate Commercial is proud to be an innovator and valuable resource to both large and small businesses throughout the Capital Region. For information on our services, contact Chris Falvey @ (518) 452-5964 or cfalvey@falveygroup.com


Notable Transactions

Kevin Broderick, of the Commercial Division of the Falvey Real Estate Group recently participated in the lease of office space at 250 Osborne Road in Albany, NY. Broderick represented the landlord in this transaction, while Albany Realty Group represented themselves as tenant. To contact Kevin Broderick, call 518.452.3912, ext. 2564 or kbroderick@falveygroup.com

Kevin Broderick, from the Commercial Division of The Falvey Real Estate Group recently leased 5,000 sf on 4 Walker Way in Albany to TMC Services, Inc. Clark Realty represented the Landlord in this transaction. To contact Kevin Broderick, call 518.452.3912, ext. 2564 or kbroderick@falveygroup.com

Christopher Falvey, Broker/Owner leased 3,950 +/- square feet of office space at 500 New Karner Road in Albany, NY to Berkshire Farms, who was represented by Kevin Parisi and Steve Hoffman from Trinity Realty Group. To contact Christopher Falvey, call 518.640.2561 or cfalvey@falveygroup.com

Kevin Broderick, from the Commercial Division of The Falvey Real Estate Group recently assisted 1200 Realty, LLC in the purchase of 1206-1210 Western Avenue In Albany, NY. The sale price for this property was $500,000 and the site will be used as additional parking for an adjacent business and future retail. To contact Kevin Broderick, call 518.452.3912 ext. 2564 or kbroderick@falveygroup.com


Energy Savers

Easy Low-Cost & No-Cost Ways to Save Energy

Install a programmable thermostat to keep your home warm in the winter & cool in the summer

Use compact fluorescent light bulbs (CFL) with the Energy Star label

Air dry dishes instead of using your dishwasher's drying cycle

Turn off your computer monitor when not in use

Plug home electronics, such as TVs & DVDs into power strips & turn off the strips when not in use.

Lower the thermostat on your hot water heater to 120 degrees

Wash only full loads of dishes & clothes

Drive sensibly. Agressive driving (speeding, rapid acceleration & braking) wastes gasoline

Look for the Energy Star label on home appliances & products, which meet strict efficiency guidelines set by the US Department of Energy & the EPA


Better Business Bureau

The Falvey Real Estate Group has been approved as Better Business Bureau, Inc. (BBB) Accredited Business. The standards of accreditation include having an established track record in the real estate and mortgage industry and maintaining a high rating through the BBB. As a member of this esteemed group of committed businesses, The Falvey Real Estate Group agrees to provide an ethical marketplace and uphold the BBB Standards of Trust.