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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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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.