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Home loan caps could go away for veterans

Mar 01, 2016
The House recently passed a bill that would eliminate loan caps for VA loans, and it now waits for action from the Senate. Right now, VA loans are capped based on market area, making it hard for veterans to buy a home that costs more than $417,000. The National Association of REALTORS (NAR) played a role in getting the House to pass the bill, called the “Veterans Employment, Education and Healthcare Improvement Act.”
 
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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.

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