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Freddie Mac expects 2015 to be best year for home sales

Mar 16, 2015
Freddie Mac expects 2015 to be the best year for home sales and new home construction since 2007, when total home sales were about 5.8 million for the year, according to its U.S. Economic and Housing Market Outlook for March. Other highlights include improved job prospects driving those aged 25-34 back into the labor force and expected rising rents pushing more would-be homeowners into the market. 
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.