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New Listings on the Rise in First Quarter

Though during the first quarter of the year housing supply continued to struggle to replenish itself in most markets across the US, new listings in the Capital Region increased by 20 percent with 1,630 listings bringing the region’s inventory to 4,782, a nearly 8 percent increase in homes available for sale over last year at this time. March’s pending sales increased by 5 percent …

Why can’t you buy a condominium?

Looking to rent an apartment? The choices seem endless, with projects underway or completed in the Capital Region’s cities and suburbs. How about a downtown condominium? Good luck. From the outside, it would be difficult to tell an apartment from a condo. But for downsizing baby boomers, in particular, the difference is significant. A typical experience is that of Steve and Mary Muller of …

News Apr 17, 2019 0 Continue Reading

A Course to Profitability

SYSTEMS & STRATEGIES FOR SUCCESS! Are you a new REALTOR® wondering how to get started, enhance productivity and profit? Or, are you a veteran REALTOR® looking for a skills-based course to reconnect with the strategies that drive financial success? Systems & Strategies for Success will reconnect you with the information that can make your business thrive. There are five distinct modules with two separate …

News Apr 10, 2019 0 Continue Reading

Home Sales Starting Rise

Weather-related events have put a damper on the conditions ideal to make home sales during February, yet buyers have shown determination toward achieving their homeownership goals. The market is showing signs of waking up from the winter hibernation. According to the National Association of REALTORS®, in February home sales nationwide experienced the largest month-over-month gain since December 2015. Compared to January 2019, February saw …

Global MLS Update

As of April 15, Global MLS is live. Please be patient when calling the office. The staff is working hard to make sure everything is working properly. There may be a lag time in responses to routine service. We ask that you give messages and postings from the MLS staff your immediate attention. As we prepare for the April 15th roll-out of the merged …

Blog, News Mar 08, 2019 0 Continue Reading

Sales down, inventory up in Capital Region

Nationally, existing-home sales experienced a minor drop for the third consecutive month in January. Of the four major U.S. regions, only the Northeast saw an uptick in sales activity last month. In the Capital Region, pending sales decreased 5 percent from January 2018 to 757 for the month. However, January showed a slight increase in pending sales from the previous two months. According to …

REALTOR® Emeritus

A REALTOR® member who has held membership in the National Association as a REALTOR®, REALTOR-Associate®, or both, for a cumulative period of forty years is eligible for REALTOR® Emeritus status.  In addition to the required 40 years of REALTOR® membership, applicants must provide proof of one year of service* at the local, state, or National Association level (Applications submitted in 2020 and beyond will …

News Feb 15, 2019 0 Continue Reading

Fixed-Rate Mortgages Reach 12-Month Low

The combination of cooling inflation and slower global economic growth led mortgage rates to drift down to the lowest levels in a year. While housing activity has clearly softened over the last nine months and the lingering effects of higher rates from last year are still being felt, lower mortgage rates and a strong job market should rekindle demand for the spring homebuying season. …

News Feb 15, 2019 0 Continue Reading
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