
April sees a surge in listings as inventory edges up across New York
A rise in homes coming onto the market gave New York homebuyers more options in April, helping slightly boost pending sales across the state, according to the housing report released today by the New York State Association of REALTORS®. Housing inventory throughout the Empire State rose 4.7 percent
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Existing-Home Sales Report Shows 0.2% Increase in April
Month-Over-Month 0.2% increase in existing-home sales—seasonally adjusted annual rate of 4.02 million in April 5.8% increase in unsold inventory—1.47 million units equal to 4.4 months’ supply Year-Over-Year No change in existing-home sales 0.9% increase in median existing-home sales price to $417,70
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Real Estate Market Update: Key Economic Insights and Actionable Takeaways
Federal Reserve and Market Reactions: Key Insight: The Federal Reserve is keeping policy “on hold,” delaying rate cuts until inflation shows more consistent signs of cooling, despite stable labor conditions and strong consumer spending. What This Means for Realtors: Rates may remain elevated in the
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6 Tips for Finding the Best Realtor or Real Estate Agent for You
Start your home search off right by learning how to select the best realtor for you and your family. 1. Start by getting referrals Ask your friends, co-workers and family members if they have a favorite real estate agent. Hopefully you’ll get two or three recommendations. Meet with each one befo
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