Kingston, NY

Kingston is a city located in the Hudson Valley region of New York. The city has a population of approximately 100,000 and is situated on the eastern bank of the Hudson River. Kingston was first settled by the Dutch in 1664 and became an important trading center for goods moving between Albany and New York City. The city's growth accelerated in the late 19th century as it became an industrial center, with factories producing textiles, shoes, cigars, and other products. Kingston's economy was hurt by the Great Depression, but it rebounded in the 1950s and 1960s as a result of its role as a transportation hub and its proximity to New York City. Today, Kingston is an important commercial center with numerous businesses including financial services, technology companies, health care providers, and retail stores. The city also has a growing arts community that includes theaters, art galleries, music venues, and restaurants.

Real estate in Kingston is characterized by its high prices relative to other areas of New York State. In 2016 alone median home prices increased by 10% compared to 2015; this increase was largely due to strong demand from buyers who were attracted to the city's location and amenities. In addition to high prices, there are several factors that contribute to real estate prices in Kingston including limited inventory availability (due to strict zoning regulations), strong demand from buyers who are looking for luxury properties or those close to downtown Manhattan or other major urban centers, and low interest rates which make mortgages more affordable than they would be elsewhere in New York State. Despite these factors, there have been some signs that market conditions may be changing in favor of buyers; for example there has been an increase in listings activity over recent months which suggests that there may be more available homes for sale than previously thought.