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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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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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