Education Calendar

Date: 12/20/12

WCR/GCAR Cocktail & Buffet Event-CANCELLED!

CANCELLED

Save the Date-Celebrate 100 years of REALTOR Ethics!
January 31, 2013
Browns Brewery Revolution Hall in Troy-
$35 includes first drink
flyer

Date: 12/20/12

Albany Devils REALTOR Day Event

Sunday April 21, 2013 at 3 pm
Times Union Center.
Tickets are $12.00.
Call Ron at 518.433.8457 for tickets
flyer

 

Date: 12/20/12

Regional Housing Market Continues Upswing-2012 Figures Eclipse 2011

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 continuing its recovery as buyers remain active and prices continue to appreciate.  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, “If we look at this November and see that contracts of sale, the time when buyers and sellers agree on the terms of a purchase and sale, have increased by 11% over November 2011; and we also see that this is the tenth straight month pending sales have increased over the previous year; we can report that the market is steadily healing itself.” She adds, “We can also tell you that there is no reason to believe that this trend won’t continue next year as we expect 2013 to be even better than 2012.”

James Ader (464-0191, Ext. 16), GCAR’s chief executive officer says, “The other metric, perhaps the one of most interest to buyers and owners, is that of housing prices. And in 2013 the median price is up by 4% over 2011 while the average price is up 2%. Both of these figures further enforce our reports of a continually improving market.”

“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 are at historic lows.”

              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.

 

###

 

GCAR, 451 New Karner Road, Albany, NY 12205

Date: 12/14/12

Lunch and Learn Seminar

Join us for a light lunch and a session on Renovation Mortgages. No charge to attend, reservations a must. Sponsored by GCAR and Matthew Hemphill at Real Estate Mortgage Network. 12:00pm-1:00 on March 28 at GCAR.
flyer