October 2, 2013
The current government shutdown has far reaching impacts on our economy, including on the housing market. Fortunately the Federal Housing Administration and the Veteran Affairs housing administration is not impacted by the government furloughs. However, all mortgage loans (including FHA and VA loans) could be impacted if the mortgage lender requires IRS certification of the buyer’s […]
Posted in Albany, Buying, General, GlobalFoundries, Market, Mortgage, Press Releases, Saratoga, Selling
September 24, 2013
Yet again, Albany home prices increased in August as compared to the same month last year, marking the 18th month of year over year price gains during the last 19 months. In August, Capital Region home prices edged up 2.1% to $205,000. Not only did Albany prices rise, but so did closed sales, pending sales, […]
Posted in Albany, Buying, General, Market, Mortgage, Saratoga, Selling
September 19, 2013
Here is the latest press release from the Greater Capital Associate of Realtors. Based on statistics released today by the Greater Capital Association of REALTORS® (GCAR) it is can be reported that buyer activity in the Capital Region’s housing market continues to be impressive. The report is based upon data collected by the Capital Region […]
Posted in Albany, Buying, General, Market, Press Releases, Saratoga, Selling
August 14, 2013
As the market continues to improve, home prices set an new all-time record in June 2013. The median home sales price in June reached $216,000, the highest ever June median homes sales price in the Capital Region. Not only did prices rises, but so did pending home sales. Pending homes sales were up 3.7% in […]
Posted in Albany, Buying, General, Market, Mortgage, Press Releases, Saratoga, Selling