Woodbury Junction’s New Home Sales Up 20% For Year's First Two Months

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Low Interest Rates and Commuter Draw Brings Increase in Sales for Upscale New Development in Orange County, NY

New Home Development in Orange County, NY

View of Woodbury Junction in Orange County, NY

It is the perfect time for first time home buyers or active adults who want to downsize to consider buying a home in Woodbury Junction.

According to local homebuilder, The Carteret Group, new home sales are already up by 20% in their gated community, Woodbury Junction, located in Monroe-Woodbury, NY. Increased interest in the community –as buyers attempt to take advantage of low interest rates and escape escalating rents–has had a very positive impact on the company's production figures. According to BH&G Rand Realtor, Theresa Budich, “The surge in sales is mainly due to interest rates being at an historical low. It is the perfect time for the first time home buyer or active adult who wants to downsize to consider buying a home in Woodbury Junction. You can buy a lot of house in Woodbury Junction now. For example, in Palisades Ridge, a 2060 sq. ft/4 bedroom house with a large family room and full basement starts at $399,900.”

Located only 60 minutes from New York City, Woodbury Junction is compromised of two distinct neighborhoods: Palisades Ridge (a neighborhood for families of all ages), and Kensington Station (an Active Adult 55+ community with resort-style amenities). Budich says the other major contributor to the increase in new home sales is the ideal location of this new home development in Orange County, NY.

"Commuters especially love Woodbury Junction. It's less than 2 miles from the New York State Thruway and minutes from train and bus stations into New York City,” said Budich “ It’s close to major roadways – right by Routes 6, 17 and 32 – making it easily accessible to Westchester, Rockland & Bergen counties.”

Increased new-home variety and family oriented location will also help draw more homebuyers to Woodbury Junction in 2012. Overall, Woodbury Junction offers 9 different floorplans with prices ranging from $314,000s to the mid $500,000s. Woodbury Junction is in the award winning Monroe-Woodbury Central School District and is in close proximity to numerous parks, golf courses, and hiking trails, offering an abundance of recreational activities for all age groups.

For more information about Woodbury Junction visit http://www.woodburyjunction.com or to schedule a tour, contact Theresa Budich at 1-800-697-0028 or theresa.budich(at)randrealty(dot)com

About the Carteret Group: The Carteret Group was founded in 1986 by CEO William Brodsky with a mission to create homes with outstanding quality, value and appeal.

About Better Homes and Gardens Rand Realty: Better Homes and Gardens Real Estate - Rand Realty, founded in 1984, is the No. 1 real estate brokerage in the Greater Hudson Valley with 25 offices serving Westchester, Rockland, Orange, Putnam and Dutchess counties.

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Christine Kelly
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