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Home Sales Fade in December

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 Home sales activity continued to ride the year’s overall trend last month with Pending Sales increasing, by 3 percent over December 2016. The 653 Pending Sales are slightly above the 636 reported in December 2016 indicating that the decrease in sales has less to …

The Weather is Cool but Real Estate Remains Hot

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 The Weather is Cool but Real Estate Remains Hot Though the weather across much of the country turned cool, last month’s existing-home sales surged for the third straight month and reaching their strongest pace in nearly 11 years, according to the National Association REALTORS®. …

Calm, Cool, and Active

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 Calm, Cool and Active Nationally the news in residential real estate in 2017 has continued to provide a relative sense of calm for both buyers and sellers. The national unemployment rate registered in at 4.1 percent for October 2017, which means that joblessness has …

Capital Region Remains an Affordable Place to Live

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 Capital Region Remains an Affordable Place to Live The National Association of REALTORS® RECENTLY reported that although mortgage rates have remained historically low, nationally home prices have reached unaffordable levels for some entrants into the housing pool. Not so in the Capital Region markets …

Endless Summer???

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 Endless Summer??? Though the summer marks the end of school breaks, there may be no break in the busy real estate market in the Capital Region. Pending Sales increased 4 percent from August 2016 to 1208 for the month. Prices were up compared to …

Signs of a Sellers’ Market

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 Signs of a Sellers’ Market A busy summer continues in the Capital Region for buyers and sellers in the real estate market. Buyers continue to seek out homes from an inventory that maintained a downward trajectory. Months’ Supply of Inventory dropped by 19 percent …

Capital Region Real Estate Market Heats Up Heading Int...

PRESS RELEASE For immediate release For additional information contact: Laura Burns/Executive Officer Greater Capital Association of REALTORS® Ph: (518) 464-0191 Capital Region Real Estate Market Heats Up Heading Into Summer  The housing market in the Capital Region rebounded in May after seeing Pending Sales, New Listings and Closed Sales drop in April 2017. Pending Sales jumped 11 percent to 1,384. Sellers are beginning to take …

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