Home » Market

< Back to BLOG

Market

Market Metrics

Malta NY Planning Board Approves GlobalFoundries Expansion

October 18, 2012

According to the Albany Times Union, the town of Malta planning board approved the expansion of the GlobalFoundries Malta NY fab plant. The $7 billion semiconductor plant that GlobalFoundries has begun operating has 1,600 employees, a figure that’s expected to grow to 1,800 by the end of this year. Company spokesman Travis Bullard said GlobalFoundries […]

Posted in , , , ,

Albany County Proposed Property Tax Increase

Albany County Proposed Property Tax Increase

October 11, 2012

Albany County Executive Dan McCoy has proposed an 8.9% property tax increase for the 2013 proposed budget. The proposed increase would amount to a $60 increase for a home assessed at $200,000.  For every $50,000 in assessed home value, property taxes will rise $15 per year. Unfortunately, there are not many municipalities in the Capital […]

Posted in , ,

SRI: Home buying plans down; Consumer confidence up

October 9, 2012

Overall more good economic news from the Siena Research Institute. The more important indicator is consumer confidence, which measures the overall view of the economy. Consumer confidence in new york reached a record five year high this month. As far as home buyers’ plans to buy, not surprising buyers typically think less about buying the […]

Posted in , , , , , ,

August Houses for Sale in Albany NY & Saratoga NY

October 4, 2012

Monticello is a boutique real estate firm in the Capital Region, providing superior customer service and analysis that rivals the best. You can have both a sophisticated perspective and personalized service with Monticello. We continually break down the numbers, and monitor the regional, national, and international economic trends so you don’t have to. Every month, […]

Posted in , , , , , , ,

« PreviousNext »