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New York Home Sales Post Another Double-Digit Gain
HOW LOANRATEUPDATE WORKS
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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
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New York Home Sales Post Another Double-Digit Gain
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 Post Another Double-Digit Gain

July 25, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York posted their second consecutive month of double-digit gains but still barely surpassed last year’s sales level according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 8,865 existing single-family homes were sold in the Empire State in June. That was 11.8 percent higher than the 7,889 homes sold in May and was 0.5 percent higher than the 8,817 homes sold in June 2011.

Through the first half of 2012, homes sales in the state are 5.3 percent higher than during the same time period last year.

The median sales price for an existing home in New York increased to $220,000 in June from $208,000 in May. The median price was 2.3 percent higher than the median price of $215,000 in June of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “With half of 2012 in the books, New York’s housing market is showing solid signs of renewed consumer confidence in housing. With a 15-percent increase in pending sales compared to 2011, we continue to project a solid summer season, which is typically the busiest time for homebuyers in the Empire State.”

Of the 43 counties that provided data for the monthly report, thirty counties reported year-over year sales gains, down from 32 the previous month, while 21 of the counties posted an increase or had no change in home prices compared to 19 in May.

Suffolk County recorded the most sales for the month with an estimated 934 home sales, up from 824 the previous month, while Nassau County followed with an estimated 929 home sales for the month, up from 806 in May.

The total number of homes for sale across the state fell in June to 97,997 homes, down from 100,045 in May and down from 114,778 homes available last year.

The average number of days that a home spent on the market was 118, down from 128 days in May but up from 113 days in June of 2011.

The state had an average 12.2 months supply of homes available for purchase compared to 12.4 in May. In June of last year, the state had a 16.3 months supply of homes available for purchase.

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

Source:
NYSAR

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.
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.
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 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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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 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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July 25, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York posted their second consecutive month of double-digit gains but still barely surpassed last year’s sales level according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 8,865 existing single-family homes were sold in the Empire State in June. That was 11.8 percent higher than the 7,889 homes sold in May and was 0.5 percent higher than the 8,817 homes sold in June 2011.

Through the first half of 2012, homes sales in the state are 5.3 percent higher than during the same time period last year.

The median sales price for an existing home in New York increased to $220,000 in June from $208,000 in May. The median price was 2.3 percent higher than the median price of $215,000 in June of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “With half of 2012 in the books, New York’s housing market is showing solid signs of renewed consumer confidence in housing. With a 15-percent increase in pending sales compared to 2011, we continue to project a solid summer season, which is typically the busiest time for homebuyers in the Empire State.”

Of the 43 counties that provided data for the monthly report, thirty counties reported year-over year sales gains, down from 32 the previous month, while 21 of the counties posted an increase or had no change in home prices compared to 19 in May.

Suffolk County recorded the most sales for the month with an estimated 934 home sales, up from 824 the previous month, while Nassau County followed with an estimated 929 home sales for the month, up from 806 in May.

The total number of homes for sale across the state fell in June to 97,997 homes, down from 100,045 in May and down from 114,778 homes available last year.

The average number of days that a home spent on the market was 118, down from 128 days in May but up from 113 days in June of 2011.

The state had an average 12.2 months supply of homes available for purchase compared to 12.4 in May. In June of last year, the state had a 16.3 months supply of homes available for purchase.

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

Source:
NYSAR

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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
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 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

July 25, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York posted their second consecutive month of double-digit gains but still barely surpassed last year’s sales level according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 8,865 existing single-family homes were sold in the Empire State in June. That was 11.8 percent higher than the 7,889 homes sold in May and was 0.5 percent higher than the 8,817 homes sold in June 2011.

Through the first half of 2012, homes sales in the state are 5.3 percent higher than during the same time period last year.

The median sales price for an existing home in New York increased to $220,000 in June from $208,000 in May. The median price was 2.3 percent higher than the median price of $215,000 in June of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “With half of 2012 in the books, New York’s housing market is showing solid signs of renewed consumer confidence in housing. With a 15-percent increase in pending sales compared to 2011, we continue to project a solid summer season, which is typically the busiest time for homebuyers in the Empire State.”

Of the 43 counties that provided data for the monthly report, thirty counties reported year-over year sales gains, down from 32 the previous month, while 21 of the counties posted an increase or had no change in home prices compared to 19 in May.

Suffolk County recorded the most sales for the month with an estimated 934 home sales, up from 824 the previous month, while Nassau County followed with an estimated 929 home sales for the month, up from 806 in May.

The total number of homes for sale across the state fell in June to 97,997 homes, down from 100,045 in May and down from 114,778 homes available last year.

The average number of days that a home spent on the market was 118, down from 128 days in May but up from 113 days in June of 2011.

The state had an average 12.2 months supply of homes available for purchase compared to 12.4 in May. In June of last year, the state had a 16.3 months supply of homes available for purchase.

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

Source:
NYSAR

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
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 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