NYSAR Government Affairs Weekly Update: NY First Home included in NYS Senate and IDC budget plans, Senate passes the NY First Home bill through the Housing Committee, Legislature seeks to return STAR benefit to the upfront credit vs. the rebate. See complete report here: http://www.nysar.com/government-affairs/weekly-report
Buffalo-Cheektowaga-Niagara Falls, NY and Syracuse, NY both ranked in the top five afforadable major housing markets in the country according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Opprotunity Index (HOI). Binghamton, NY ranked in the top smaller housing markets. Click the link to learn more!
Rising 10 percent above last year's housing market, closed sales of residential properties set a new high-water mark of 130,486 in New York State during 2016, according to the annual housing market report released by the New York State Association of REALTORS®. The statewide median sales price also grew by 2.2 percent in 2016 to reach $235,000. Learn more here.
Experts are calling for freezing temperatures over the next few days. To help prevent burst pipes as well as prepare yourself for an emergency, we have provided the following tips for your convenience.
REALTORS® hold hundreds of meetings with state lawmakers. REALTOR® Lobby Day in Albany is in a lot of ways the pinnacle of theach NFL season --- the Super Bowl. The 2016 edition of NYSAR's annual Lobby Day held on Tuesday, May 24th, was a resounding sucess for multiple reasons, http://www.nxtbook.com/naylor/NYRS/NYRS0416/index.php?startid=14
According to Jonathan Smoke, realtor.com's chief economist, the house market heated up in July, making this summer one of the best in a decade. Factors favoring buyers this summer include: the highest consumer confidence for a July since 2007; the highest nominal home process for a July on record; and the lowest July mortgagge rates on record. Read more.