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Survey shows rising rates won’t stop young buyers

May 23, 2017
According to the latest Berkshire Hathaway HomeServices quarterly Homeowner Sentiment Survey, consumers are optimistic about both the U.S. economy and the real estate market. Sixty-eight percent of prospective homeowners aged 18-34 say they are experiencing a sense of urgency to buy a home before mortgage rates rise, and one in five say they have a desire to by now. 

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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.