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Capital Region Real Estate Out-Performing the Nation

Capital Region Real Estate Out-Performing the Nation

January 28, 2013

So this is what a recovery looks like. Nearly as many homes sold in 2012 as sold in 2008, a 13.9% increase from last year. Total home sales declined every year from 2006 to 2011. Last year sales reversed the downward trend and jumped to 8,186 sales, just shy of 2008 numbers. The year in context […]

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2012 NYSAR Annual Report: ‘Full Recovery Mode’

January 23, 2013

Here is the latest press release from the New York State Association of Realtors. Below is also the NYSAR skinny, video summary and link to the full NY annual sales report. These numbers confirm what we’re seeing on both the national level and the regional level.   NYSAR Latest News 2012 housing market posts strong […]

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2012 Real Estate Data Portends Better 2013

2012 Real Estate Data Portends Better 2013

December 31, 2012

Another good month for the Capital Region housing market. Pending home sales hit a five year monthly high in November 2012. A total of 589 homes went under contract in November, up 4.8% from November 2011 – the highest November pending sales number since 2007. Inventory has also dropped from historic November numbers to 7,497 […]

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Statewide November Housing Market Data

December 19, 2012

Here is the latest from the New York State Association of Realtors (NYSAR), on the latest housing statistics from November 2012. Overall, the impacts of Sandy do not appear to show up in these November numbers. All of the major indicators showed positive signs, increased sales and price, decreased inventory and days on the market […]

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