New York Market Data
Closed sales and pending sales were up in January in year-over-year comparisons, fueling optimism for a robust 2020 housing market, according to the housing market report released by the New York State Association of REALTORS®.
The median sales price continued to appreciate as the calendar turned to 2020. The statewide median sales price was $300,000 – an increase of 9.1-percent from the January 2019 median of $275,000.
The above index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
Inventory shrank 9.2 percent to 56,333 units.
Government agencies announce suspension of evictions for renters and homeowners due to the COVID-19 pandemic.
Tips for property managers to help you prepare and stay informed during coronavirus pandemic.
With the help of “smart” devices like thermostats, sensors, power strips, and water systems, you can cut your utility bills nearly in half.
While you may keep your home squeaky clean, it is still possible to bring germs back into your home, and there are dozens of nooks and crannies where said germs can hide out.
The global pandemic is having an impact on global financial markets and likely will impact the U.S. Real Estate market soon.