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New York Home Sales Rebound in May
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
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New York Home Sales Rebound in May
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 Rebound in May

July 9, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York rebounded strongly in May following a small loss in April while home prices recorded a modest increase but were still down from the previous year according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 7,889 existing single-family homes were sold in the Empire State in May. That was 50.8 percent higher than the 5,233 homes sold in April and was 11.8 percent higher than the 7,056 homes sold in May 2011.

The median sales price for an existing home in New York increased to $208,000 in May from $205,000 in April. The median price was still 1.0 percent lower than the median price of $210,000 in May of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “The overall housing market in New York State continues to show signs of improvement. We are encouraged that the typically busy summer months will be strong as indicated by this May’s 13-percent jump in pending sales over last year.”

Of the 43 counties that provided data for the monthly report, thirty-two counties reported year-over year sales gains, up from 20 the previous month, while 19 of the counties posted an increase or had no change in home prices from a year ago.

Suffolk County recorded the most sales for the month with an estimated 824 home sales, up from 543 the previous month, while Nassau County followed with an estimated 806 home sales for the month, up from 540 in May.

The total number of homes for sale across the state fell in May with 100,045 homes actively available, down from 114,778 homes available last year.

The average number of days that a home spent on the market was 128, up slightly from 126 days in May 2011.

The state had an average 12.4 months supply of homes available for purchase, down from a 15.8 months supply a year earlier.

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.
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July 9, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York rebounded strongly in May following a small loss in April while home prices recorded a modest increase but were still down from the previous year according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 7,889 existing single-family homes were sold in the Empire State in May. That was 50.8 percent higher than the 5,233 homes sold in April and was 11.8 percent higher than the 7,056 homes sold in May 2011.

The median sales price for an existing home in New York increased to $208,000 in May from $205,000 in April. The median price was still 1.0 percent lower than the median price of $210,000 in May of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “The overall housing market in New York State continues to show signs of improvement. We are encouraged that the typically busy summer months will be strong as indicated by this May’s 13-percent jump in pending sales over last year.”

Of the 43 counties that provided data for the monthly report, thirty-two counties reported year-over year sales gains, up from 20 the previous month, while 19 of the counties posted an increase or had no change in home prices from a year ago.

Suffolk County recorded the most sales for the month with an estimated 824 home sales, up from 543 the previous month, while Nassau County followed with an estimated 806 home sales for the month, up from 540 in May.

The total number of homes for sale across the state fell in May with 100,045 homes actively available, down from 114,778 homes available last year.

The average number of days that a home spent on the market was 128, up slightly from 126 days in May 2011.

The state had an average 12.4 months supply of homes available for purchase, down from a 15.8 months supply a year earlier.

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 9, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York rebounded strongly in May following a small loss in April while home prices recorded a modest increase but were still down from the previous year according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 7,889 existing single-family homes were sold in the Empire State in May. That was 50.8 percent higher than the 5,233 homes sold in April and was 11.8 percent higher than the 7,056 homes sold in May 2011.

The median sales price for an existing home in New York increased to $208,000 in May from $205,000 in April. The median price was still 1.0 percent lower than the median price of $210,000 in May of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “The overall housing market in New York State continues to show signs of improvement. We are encouraged that the typically busy summer months will be strong as indicated by this May’s 13-percent jump in pending sales over last year.”

Of the 43 counties that provided data for the monthly report, thirty-two counties reported year-over year sales gains, up from 20 the previous month, while 19 of the counties posted an increase or had no change in home prices from a year ago.

Suffolk County recorded the most sales for the month with an estimated 824 home sales, up from 543 the previous month, while Nassau County followed with an estimated 806 home sales for the month, up from 540 in May.

The total number of homes for sale across the state fell in May with 100,045 homes actively available, down from 114,778 homes available last year.

The average number of days that a home spent on the market was 128, up slightly from 126 days in May 2011.

The state had an average 12.4 months supply of homes available for purchase, down from a 15.8 months supply a year earlier.

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