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New York Home Sales Cool in July
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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
New York Home Sales Cool in July
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
New York Home Sales Cool in July

September 10, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York cooled slightly in July following two consecutive months of double-digit increases according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 8,745 existing single-family homes were sold in the Empire State in July. That was 1.3 percent lower than the 8,865 homes sold in June but was still 4.7 percent higher than the 8,352 homes sold in July 2011.

Through the first seven months of 2012, homes sales in the state are 6.3 percent higher than during the same time period last year.

The median sales price for an existing home in New York increased to $233,000 in July from $220,000 in June. The median price was 5.9 percent higher than the same median price of $220,000 in July of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “New Yorkers continue to regain their confidence in housing as we move through the typically active summer months. Despite a dip in closed and pending sales between June and July, the year-to-date figures show an overall market improvement through the first seven months of the year.”

Of the 43 counties that provided data for the monthly report, twenty-one counties reported year-over year sales gains, down from 30 the previous month, while 25 of the counties posted an increase or had no change in home prices compared to 21 in June.

Suffolk County recorded the most sales for the month with an estimated 968 home sales, up from 920 sales the previous month, while Nassau County followed with an estimated 908 home sales for the month, up from 898 in June.

The total number of homes for sale across the state fell in July to 95,303 homes, down from 97,997 in June and down from 122,635 homes available last year.

The average number of days that a home spent on the market was 112, down from 118 days in June but up from 109 days in July of 2011.

The state had an average 11.6 months supply of homes available for purchase compared to 12.2 in June. In July of last year, the state had a 16.8 months supply of homes available for purchase.

Tags: New York real estate,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
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.
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YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

September 10, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York cooled slightly in July following two consecutive months of double-digit increases according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 8,745 existing single-family homes were sold in the Empire State in July. That was 1.3 percent lower than the 8,865 homes sold in June but was still 4.7 percent higher than the 8,352 homes sold in July 2011.

Through the first seven months of 2012, homes sales in the state are 6.3 percent higher than during the same time period last year.

The median sales price for an existing home in New York increased to $233,000 in July from $220,000 in June. The median price was 5.9 percent higher than the same median price of $220,000 in July of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “New Yorkers continue to regain their confidence in housing as we move through the typically active summer months. Despite a dip in closed and pending sales between June and July, the year-to-date figures show an overall market improvement through the first seven months of the year.”

Of the 43 counties that provided data for the monthly report, twenty-one counties reported year-over year sales gains, down from 30 the previous month, while 25 of the counties posted an increase or had no change in home prices compared to 21 in June.

Suffolk County recorded the most sales for the month with an estimated 968 home sales, up from 920 sales the previous month, while Nassau County followed with an estimated 908 home sales for the month, up from 898 in June.

The total number of homes for sale across the state fell in July to 95,303 homes, down from 97,997 in June and down from 122,635 homes available last year.

The average number of days that a home spent on the market was 112, down from 118 days in June but up from 109 days in July of 2011.

The state had an average 11.6 months supply of homes available for purchase compared to 12.2 in June. In July of last year, the state had a 16.8 months supply of homes available for purchase.

Tags: New York real estate,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

September 10, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York cooled slightly in July following two consecutive months of double-digit increases according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 8,745 existing single-family homes were sold in the Empire State in July. That was 1.3 percent lower than the 8,865 homes sold in June but was still 4.7 percent higher than the 8,352 homes sold in July 2011.

Through the first seven months of 2012, homes sales in the state are 6.3 percent higher than during the same time period last year.

The median sales price for an existing home in New York increased to $233,000 in July from $220,000 in June. The median price was 5.9 percent higher than the same median price of $220,000 in July of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “New Yorkers continue to regain their confidence in housing as we move through the typically active summer months. Despite a dip in closed and pending sales between June and July, the year-to-date figures show an overall market improvement through the first seven months of the year.”

Of the 43 counties that provided data for the monthly report, twenty-one counties reported year-over year sales gains, down from 30 the previous month, while 25 of the counties posted an increase or had no change in home prices compared to 21 in June.

Suffolk County recorded the most sales for the month with an estimated 968 home sales, up from 920 sales the previous month, while Nassau County followed with an estimated 908 home sales for the month, up from 898 in June.

The total number of homes for sale across the state fell in July to 95,303 homes, down from 97,997 in June and down from 122,635 homes available last year.

The average number of days that a home spent on the market was 112, down from 118 days in June but up from 109 days in July of 2011.

The state had an average 11.6 months supply of homes available for purchase compared to 12.2 in June. In July of last year, the state had a 16.8 months supply of homes available for purchase.

Tags: New York real estate,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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