May 7, 2012
So you say what is this magical 13:1 private to public match? And how is this relevant to Albany real estate? Let me tackle the former question first. It’s the amount of money New York State invested into the Capital Region Nanotech industry ($1 billion), and the subsequent private investment that followed ($13 billion). The […]
Posted in Albany, General, Happenings, Market | Tagged Albany Nanotech, Albany Real Estate
April 28, 2012
As the weather warms so are the Saratoga and Albany real estate markets. And if you don’t believe weather impacts the markets, check out this WSJ article. Every month I analyze the latest Capital Region real estate numbers in the context of regional, national, and international market news. My emphasis is on Saratoga and Albany […]
Posted in Albany, Buying, General, Market, Saratoga, Selling | Tagged Albany Real Estate, Saratoga Real Estate
April 21, 2012
I’ll provide more on these numbers later. The most recent real estate statistics continue along the trend line of increased sales activity. According to the March sales figures released yesterday (remember the data lags behind a month), something good is indeed happening. From the Times Union: In March, sales were up 3 percent, while pending sales […]
Posted in Albany, Buying, General, Market, Saratoga, Selling
March 24, 2012
For the second month in a row, the latest capital region numbers show Albany real estate is on a rebound, and by many accounts the bounce is big. The Times Union quotes James Ader, the Greater Capital Association of Realtors CEO, saying “something good is happening.” Mr. Ader attributes the jump to “pent-up demand, low interest rates, […]
Posted in Albany, Buying, General, Market, Saratoga, Selling | Tagged Albany Real Estate, Housing Sales, Saratoga Real Estate