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January Home Sales in New York Match Last Year’s Tally
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
January Home Sales in New York Match Last Year’s Tally
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
January Home Sales in New York Match Last Year’s Tally

March 7, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York followed seasonal trends and fell from December to January but remained on par with last year’s tally according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 4,529 existing single-family homes were sold in the Empire State in January. That was 29.6 percent lower than the revised 6,437 homes sold in December and only 0.8 percent lower than the 4,564 homes sold in January 2011.

The median sales price for an existing home in New York improved by 5.7 percent in January to $212,500, up from $202,000 in December, but was 5.3 percent lower than the median price of $224,450 in January of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “In terms of sales, January 2012 was a typical first month of the year, especially when compared to the start of the past two years. Looking at the past decade, it is also characteristic of our seasonal market that January sales lag behind December of the previous year.”

Of the 39 counties that provide data for the monthly report, only three counties reported gains from the previous month with Washington County (+47.1 percent) reporting the largest increase while Franklin County (-72.4 percent) posted the largest monthly decline in sales.

Year-over-year, 17 counties reported sales gains with the largest gain posted in Broome County (+85.0 percent) and the largest decline posted in Greene County (-58.1 percent).

Suffolk County recorded the most sales for the month with an estimated 562 home sales, down from 670 the previous month, while Nassau County followed with an estimated 522 home sales for the month, down from 624 in December.

“While the statewide housing market has not yet reached a sustainable upward sales trend, solid market fundamentals, such as low interest rates, and improving economic conditions may work to bring more buyers back to the market as we move through 2012,” MacKenzie added.

Tags: existing homes, condos, sales, median home prices, New York

Source:
NYSAR

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
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HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 7, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York followed seasonal trends and fell from December to January but remained on par with last year’s tally according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 4,529 existing single-family homes were sold in the Empire State in January. That was 29.6 percent lower than the revised 6,437 homes sold in December and only 0.8 percent lower than the 4,564 homes sold in January 2011.

The median sales price for an existing home in New York improved by 5.7 percent in January to $212,500, up from $202,000 in December, but was 5.3 percent lower than the median price of $224,450 in January of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “In terms of sales, January 2012 was a typical first month of the year, especially when compared to the start of the past two years. Looking at the past decade, it is also characteristic of our seasonal market that January sales lag behind December of the previous year.”

Of the 39 counties that provide data for the monthly report, only three counties reported gains from the previous month with Washington County (+47.1 percent) reporting the largest increase while Franklin County (-72.4 percent) posted the largest monthly decline in sales.

Year-over-year, 17 counties reported sales gains with the largest gain posted in Broome County (+85.0 percent) and the largest decline posted in Greene County (-58.1 percent).

Suffolk County recorded the most sales for the month with an estimated 562 home sales, down from 670 the previous month, while Nassau County followed with an estimated 522 home sales for the month, down from 624 in December.

“While the statewide housing market has not yet reached a sustainable upward sales trend, solid market fundamentals, such as low interest rates, and improving economic conditions may work to bring more buyers back to the market as we move through 2012,” MacKenzie added.

Tags: existing homes, condos, sales, median home prices, New York

Source:
NYSAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 7, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York followed seasonal trends and fell from December to January but remained on par with last year’s tally according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 4,529 existing single-family homes were sold in the Empire State in January. That was 29.6 percent lower than the revised 6,437 homes sold in December and only 0.8 percent lower than the 4,564 homes sold in January 2011.

The median sales price for an existing home in New York improved by 5.7 percent in January to $212,500, up from $202,000 in December, but was 5.3 percent lower than the median price of $224,450 in January of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “In terms of sales, January 2012 was a typical first month of the year, especially when compared to the start of the past two years. Looking at the past decade, it is also characteristic of our seasonal market that January sales lag behind December of the previous year.”

Of the 39 counties that provide data for the monthly report, only three counties reported gains from the previous month with Washington County (+47.1 percent) reporting the largest increase while Franklin County (-72.4 percent) posted the largest monthly decline in sales.

Year-over-year, 17 counties reported sales gains with the largest gain posted in Broome County (+85.0 percent) and the largest decline posted in Greene County (-58.1 percent).

Suffolk County recorded the most sales for the month with an estimated 562 home sales, down from 670 the previous month, while Nassau County followed with an estimated 522 home sales for the month, down from 624 in December.

“While the statewide housing market has not yet reached a sustainable upward sales trend, solid market fundamentals, such as low interest rates, and improving economic conditions may work to bring more buyers back to the market as we move through 2012,” MacKenzie added.

Tags: existing homes, condos, sales, median home prices, New York

Source:
NYSAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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