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NYSAR: NY housing market posts solid third quarter

Here is the latest press release from the New York State Association of Realtors (NYSAR). Once again, more good news for the housing market. These numbers reflect the positive trend we’ve seen in the Capital Region real estate market.  Albany –October 19, 2012 – The New York State housing market posted its fifth consecutive quarter […]

Malta NY Home Sales Surge in September 2012

This is the ninth consecutive month of good news for our Capital Region housing market. The Capital Region always performed better than the national market. So it’s no surprise now that the consensus is the national market has bottomed out, the local Capital Region market is several months from its bottom. With the continued positive […]

Malta NY Planning Board Approves GlobalFoundries Expansion

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 […]

SRI: Home buying plans down; Consumer confidence up

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 […]