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Tech, inventory and competition lead list of top challenges for firms

Aug 29, 2017
The National Association of REALTORS 2017 Profile of Real Estate Firms survey found that keeping up with technology, inventory levels, non-traditional competition and profitability are among the biggest challenges for real estate firms.

Against this backdrop and for the third year in a row, a vast majority of firms are optimistic about the future. While muted compared to last year, firms remain confident and expect profitability to stay level or increase over the next year. 

Read 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.