Education Calendar

Date: 11/28/12

WCR Installation 2013

WCR Installation is December 7 @ 11am @ the Clifton Park Hilton Garden. Key note speaker is US Congressman Chris Gibson! For more info call Jenn Vucetic-REALTOR, 518.879.6318
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Date: 11/21/12

Capital Region Housing Market Continues Recovery – Prices Nearing Pre-Downturn Levels

Based on statistics released today by the Greater Capital Association of REALTORS® (GCAR) the residential real estate market in New York’s Capital Region is its recovery as prices return to those seen in 2007 at the height of the market.  The report is based upon data collected by the Capital Region Multiple Listing Service, Inc. a regional service owned by GCAR and the Saratoga Schenectady Schoharie Association of REALTORS®, Inc.

Nina Amadon (489-1000), 2012 GCAR president says, “It is clear that the housing market in the Capital Region is well on its way to returning to a point where neither buyer nor seller has a negotiating advantage. This is seen as contracts of sale and closed sales are running at rates nearly 20% higher than last year through October 31st; and by the fact that the median sales price for 2012 is 3% higher than last year and only 1% lower than in 2007 which marked our highest median price ever.” She adds, “This balance in the market and the quick return to “pre-housing downturn” pricing is proof of what we’ve known all along, the Capital Region’s housing market is strong and home owners’ equity is safe.”

James Ader (464-0191, Ext. 16), GCAR’s chief executive officer says, “Because we have seen the recovery from our low point continue for over a year now we are confident that prices will continue to appreciate, and buyer demand will remain strong, through the end on 2012 and all of 2013.”

“We remind everyone who is interested in buying or selling a home to talk with a professional. The housing purchase is too large to tackle without a complete understanding of the Capital Region’s market and of the entire real estate transaction”, says Ms. Amadon. “We caution buyers, if you were waiting for the market to bottom out that time has passed. And if you are waiting for interest rates to drop lower you may well miss the wonderful opportunity which exists today. Prices are appreciating and interest rates just cannot get any lower.”

GCAR is a professional trade association representing 2,600 real estate professionals in the Capital Region. GCAR is the “Voice for Real Estate ™ in the Capital Region.

 

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GCAR, 451 New Karner Road, Albany, NY 12205

Date: 11/5/12

Ethics Course Wrap Up Session

All members must complete the Ethics course between 1/1/09 and 12/31/12. If you are exempt from CE, you are NOT exempt from Ethics!
Instructor: Paul Semanek: $50 per member
Location: GCAR 451 New Karner Rd
3 Hours CE credit  1:30 pm-4:30pm
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