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Catskills - Sullivan County - Ulster County Real Estate -- Catskill Farms Journal

Old School Real estate blog in the Catskills. Journeys, trial, tribulations, observations and projects of Catskill Farms Founder Chuck Petersheim. Since 2002, Catskill Farms has designed, built, and sold over 250 homes in the Hills, investing over $100m and introducing thousands to the areas we serve. Farms, Barns, Moderns, Cottages and Minis - a design portfolio which has something for everyone.

December 15, 2022

Christmas Time (and we sold a Ranch)

Christmas time around the corner and just getting ready for Lucas and my trip the NYC, an annual adventure.  This year we are being joined by 2 of his friends so it should be raucous and eventful.

Had lunch with Boyz from Jeff Bank, long-time relationships that count for much of our success.   Brought my office help along to keep it interesting.   George, who now runs the bank, worked closely with Catskill Farms a decade ago addressing and accommodating our lending needs, and helping grow and meet the heights we now soar from.

Snowing up here, anticipated all week with varying degrees of predictions ranging from Armageddon to a dusting.

Sold a Ranch house last week up at the Crest, so I’m not counting but if I was I’d say that is 7 sales and another one in contract. Moving right along.

Ranch House #61

We plan on having another 9 homes going up in Olivebridge in the Spring, so that is exciting. And a few custom builds, a few renovations scheduled for this coming year, a few spec homes. Should be an interesting year. 2020, 2021, and 2022 were big years for us but to be honest, they were big years for a lot of players in the real estate and construction industry so as Warren Buffet says, 2023 - when the tide goes out - is when we will see who is wearing shorts and who is bare-assed and naked.

The market is slowing, but a lot of deals still happening especially for better, well-designed homes priced right.

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