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July marked a big month for housing

Aug 08, 2016
According to Jonathan Smoke,’s chief economist, the housing market heated up in July, making this summer one of the best in a decade. Factors favoring buyers this summer include: the highest consumer confidence for a July since 2007; the highest nominal home process for a July on record; and the lowest July mortgage rates on record. 
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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.