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2016 predicted to be housing’s golden year

Apr 01, 2016
Mortgage giant Freddie Mac has predicted that housing starts and home prices will reach their highest levels since 2006 this year. The main reasons behind its bullish forecast is low mortgage rates, an improving job market, and a gradual increase in housing supply. 
 
The 30-year fixed-rate mortgage is expected to remain very attractive through the spring home-buying season, while home sellers will be able to enjoy more home price increases. 
 
Learn more here.
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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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