Current News & Events
New Listings and Pending Sales Up Across New York State
he median sales price across New York State was $427,628, a 3% upswing from the $415,000 price in September 2024. Continue Reading New Listings and Pending Sales Up Across New York State
Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
How joining the Great Resignation could hamper homebuying plans
Source: Bankrate --- If you joined the Great Resignation in the last year, you may have found it even harder to compete in the already wild pandemic housing market. A record number of Americans quit their jobs in 2021, according to the Bureau of Labor Statistics, and...
Before rushing into the hot housing market, here’s how to set yourself up for success
Source: CNBC --- Looking for a new home may seem like a daunting task these days. Prices are up, inventory is low and mortgage rates are rising. That’s why, in this environment, it pays to do your homework before you enter the market. Once you start looking, you’ll...
Real Estate Requires Environmental Stewardship
REALTORS® and anyone even loosely involved with their local Association of REALTORS® has heard the beginning of the Preamble of the Code of Ethics: Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free...
Global Real Estate Rental Market 2022: Agents Increasingly Using New Technologies Including VR – ResearchAndMarkets.com
Source: Finance Yahoo --- The global real estate rental market is expected to grow from $2164.29 billion in 2021 to $2396.61 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth is mainly due to the companies rearranging their operations and...
How to Choose the Right Realtor or Real Estate Agent (and What Is the Difference?)
Source: Life Hacker --- There are tons of things you can do on your own without professional help. This website is full of them. One thing you should not try to do by yourself, though—especially as a newbie—is buy or sell a home. There’s a lot of money on the line...
How to spur housing production in California
Source: Cal Matters --- Recent headlines about California’s housing crisis fixated on a sensational story about a protected species, but unfortunately, they didn’t focus on the real elephant in the room – the millions of new homes that cities have planned and approved...
Does a 15-Year Mortgage Make Sense in 2022?
Source: The Ascent --- If you're looking to buy a home this year, the good news is that mortgage rates are still fairly competitive from a historical standpoint. The bad news, however, is that they've started the year off higher. And there's a good chance rates will...
Wealthy Russians who parked money in Florida’s ‘Little Moscow’ worry they’ll be blacklisted from buying luxury real estate
Source: Business Insider --- Sunny Isles, Florida, has long been an escape for Russia's wealthy and elite, who have purchased so much luxury property in the area that it's become known as "Little Moscow" and "Moscow by the Sea." "They love to be here, and they like to...
Investors are buying 1 in 4 homes in Raleigh, 1 in 5 in Durham
Source: WRAL Tech Wire --- RALEIGH – Real estate investors are expanding their portfolios, beating out first-time buyers and other potential buyers looking to acquire residential property across the Triangle and North Carolina. The latest data on investor activity,...
House Hunting Is Literally a Part-Time Job — Here’s How To Save Time on It
Source: Apartment Therapy --- Between attending showings, meeting with lenders, trading emails with your real estate agent, and vigilantly scouring for new listings, house-hunting often feels like a part-time job. Now, there’s actual data to back up the feeling. A...
