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What’s Up November

GCAR is pleased to announce that two NYS Real Estate Education Foundation scholarships totaling $500.00 were awarded to GCAR members:              These scholarships allow members to take one of 9 different national designation or certification courses: ABR, CIPS, GAA, GREEN, GRI, RAA, RSPS, SFR, SRES, and SRS offered by any REALTOR® Board in NY. While education is included in GCAR’s membership, …

Blog Nov 07, 2019 0 Continue Reading

November President’s Message

I want to thank you all for an excellent year. It’s unbelievable that we are in the last 2 months of the year already; it seems like just yesterday I was being installed as president. There has been so much growth in our association over the last year and I’m honored to have been a part of these changes. I’d like to thank everyone …

Blog Nov 07, 2019 0 Continue Reading

Low Inventory Remains a Pressure Point Throughout Regi...

The housing market in the Capital Region finished out with third quarter of the year on a high. The demand for inventory has remained high throughout the first 9 months of 2019. The number of new listings increased 4 percent last month to 1,740 from 1,677 in September 2019. Demand has helped prop up sales and prices, despite heavy reductions in inventory and months …

What is your value proposition?

By Joel Koval I got my real estate license in 1984. My office was state-of-the art…. we had a new-fangled thing called a dumb terminal, essentially a video screen, dot matrix printer, and keyboard connected to a push-button phone that you dialed, waited for a screeching tone then dropped onto a cradle. Using this device, we could communicate with the local MLS and obtain …

Blog Nov 01, 2019 0 Continue Reading

Home Prices Up, Inventory Down

At this point in the year, there is a good sense for how the housing market is likely to perform for the foreseeable future. While it remains true that sales prices are running higher and inventory options are still relatively low, buyers are beginning to find some wiggle room at price points and geographies throughout the region and in points north and south. Housing …

NAR Moves to Dismiss Moehrl Suit

Filing demonstrates lawsuit misrepresents facts, ignores legal precedent, and fails to prove legal harm. Two recently filed class-action antitrust lawsuits against the National Association of REALTORS® (NAR) and several major real estate franchisors allege falsely that consumers have no ability to negotiate commissions with real estate professionals, says Katie Johnson, NAR’s general counsel and chief member experience officer. In Moerhl v. National Association of …

Blog, News Jul 08, 2019 0 Continue Reading

STAR Rebates Just Got Easier

The state tax department said it will automatically issue STAR checks to homeowners who earn between $250,000 and $500,000 instead of requiring them to register with the state. A law this year no longer provides the lucrative school-tax break as upfront savings on homeowners’ bills who are in $250,000 to $500,000 income bracket. Instead, they will receive a check in the mail this fall, …

Blog, News Jul 08, 2019 0 Continue Reading

Sweeping tenant protections for upstate signed into la...

Real estate developers are slamming a slew of tenant protections that passed the Legislature Friday, predicting the new laws will impede the Capital Region’s economic development. An omnibus package, signed into law by Gov. Andrew M. Cuomo, includes a number of statewide provisions, including making it more difficult to evict a tenant, restricting rent increases for mobile homes, and prohibiting landlords from charging excessive …

Blog, News Jun 17, 2019 0 Continue Reading