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NY REALTORS launch NY First Home Campaign

May 16, 2016
NYSAR has launched a public campaign to support its NY First Home proposal to make buying a first home more affordable in New York State. The program would allow individuals to put away up to $5,000 ($10,000 for couples) per year in a designated savings account to be used solely for costs associated with the purchase of a first home. These funds would be deductible on state personal income taxes, and the principal and any gain would be tax free. The NY First Home campaign will be calling on members and the public to take action by contacting legislators to support and pass this proposal into law. Online ads, a mailer and phone calls will drive support. Learn more at www.NYFirstHome.com
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New York first quarter statewide home sales strong 
despite slide from record pace

With 25,192 closed sales across the Empire state in the first quarter, the housing market posted a strong start to 2018, even as it fell short of 2017’s record. The first quarter 2018 statewide median sales price of $260,000 represented an increase of 7.4 percent from a year ago. Click here to read more.

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