Your search results

Media

no thumb

Pent Up Demand Hits Capital Region Real Estate Market

As the Capital Region marked its paces through New York on Pause to New York Forward, real estate shows signs of initial recovery. Continued mortgage rates at or below 3.3 percent and the welcomed activity of Phases 2 and 3 are enabling buyers and sellers to return to what was a busy market in the first quarter of 2020. Though the effects of COVID-19 …

Reopen, Rebound, and Recover

As New York State entered Phase 1 of the Governor’s plan for reopening, the Capital Region’s real estate market prepares for a rebound in Phase 2. Due to the shut-down of activity in mid-March, pent up demand from Buyers is expected to bring market activity back to a healthy level – no pun intended there. Realtors will be vigilant in keeping Sellers and Buyers …

COVID-19 and the Code

As REALTORS® attempt to follow an ever-changing array of state orders to stay home and government recommendations, where does NAR’s Code Of Ethics come into play? The COVID-19 pandemic has changed our lives both personally and professionally. The National Association of REALTORS® has provided many great resources to support REALTORS® in their businesses. One area with the potential for confusion is understanding how the layers of …

Blog May 22, 2020 0 Continue Reading

Keeping Business Afloat During a Pandemic

My, how times change. In the span of a few weeks, our entire world and industry has been turned upside down. The Earth keeps spinning while the normalcy of our lives is indefinitely put on hold due to the COVID-19 pandemic. We’re living in unprecedented times—social distancing, sheltering in place, and quarantines have become necessities. Repeat after me: What goes down must come up. …

Blog May 22, 2020 0 Continue Reading

Brokerages Adapt to New Realities

by Erica Christoffer and Melissa Dittmann Tracey, REALTOR Magazine Contributing Editors There are four main strategies offices have been quick to embrace to keep business running smoothly during the coronavirus pandemic. While it’s hardly business as usual in the midst of a global pandemic, real estate brokerages have been quick to respond to the changing times to keep business moving forward. In areas of …

Blog May 22, 2020 0 Continue Reading

Legislative Update – May/June

By Conor Gillis State Budget approved; no new real estate taxes or fees included State lawmakers passed a $178 billion budget in the early hours of April 3 with the possibility of future spending cuts depending on federal funding and how the state’s economy recovers as it faces possible revenue losses totaling $10 to $15 billion as a result of COVID-19. NYSAR met with Governor Cuomo’s staff and …

Blog May 22, 2020 0 Continue Reading

In the Field: Working from Home During a Pandemic

COVID-19 has turned the industry upside down. The ATA spent a few minutes with a couple of GCAR members to learn more about how they have adapted their businesses during the pandemic. Throughout this time, we will continue to share member stories on coping with the challenges in home life and at the office (in their basements)… In this issue Christine Serafini, Real Estate Agent with …

Blog May 22, 2020 0 Continue Reading

May President’s Message

Our industry has faced many challenges over the years, but 2020 will be one for the record books. While writing this article I keep thinking of the families that are suffering because of illness, death of a loved one, or the loss of employment because of the COVID 19 virus and it makes me realize how truly fragile life is. Recently, a friend asked …

Blog May 22, 2020 0 Continue Reading