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Albany

Will the Government Shutdown Impact Your Home Purchase (or Sale)?

Will the Government Shutdown Impact Your Home Purchase (or Sale)?

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 […]

Capital Region Home Prices Rise 18 Out of Last 19 Months

Capital Region Home Prices Rise 18 Out of Last 19 Months

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, […]

Press Release: Capital Region Homebuyer Activity Continues to Impress

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 […]

June Prices Hit an All-Time High – 17th Consecutive Month of Price Gains

June Prices Hit an All-Time High – 17th Consecutive Month of Price Gains

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 […]