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Report shows it’s still more affordable to buy than rent

Jan 10, 2017
It’s more affordable to buy a home than to rent one in 66 percent of the largest U.S. counties, according to a report by ATTOM Data Solutions after comparing monthly rents of three-bedroom apartments to monthly payments on median-priced homes. The report showed rents surging faster than home prices in about 27 percent of the markets measured. 

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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.