MortgageLoanRateUpdate
MortgageLoanRateUpdate
MortgageLoanRateUpdate
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
You're Now Reading:
Monthly Home Sales Fall in New York, Up from Last Year
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Monthly Home Sales Fall in New York, Up from Last Year
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Monthly Home Sales Fall in New York, Up from Last Year
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

March 28, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York fell slightly from the previous month, but remained higher than last year, while home prices improved for the third consecutive month according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 4,521 existing single-family homes were sold in the Empire State in February. That was 2.6 percent lower than the revised 4,639 homes sold in January but 9.6 percent higher than the 4,124 homes sold in February 2011.

The median sales price for an existing home in New York improved for the third consecutive month, increasing by 6.3 percent in February to $220,000, up from $212,500 in January, but still 8.3 percent lower than the median price of $239,900 in February of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “We are pleased to see the upswing in February sales after several years of flat sales numbers in that month. In addition to strong market fundamentals such as historically low mortgage rates and plentiful inventory, the mild winter kept buyers out of hibernation and active on the market.”

Of the 41 counties that provided data for the monthly report, nineteen counties reported gains or were unchanged from the previous month with Essex County (+137.5 percent) reporting the largest increase while Delaware County (-58.3 percent) posted the largest monthly decline in sales.

Year-over-year, 26 counties reported sales gains with the largest gain posted in Chenango County (+187.5 percent) and the largest decline posted in Clinton County (-51.6 percent).

Suffolk County recorded the most sales for the month with an estimated 521 home sales, down from 562 the previous month, while Nassau County followed with an estimated 494 home sales for the month, down from 522 in January.

“For the third straight month, the statewide median sales price has increased and is at the highest point since September 2011. Despite some fluctuation, the monthly statewide median has remained above $200,000, providing a positive indicator for the market,” MacKenzie added.

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

Source:
NYSAR

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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

March 28, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York fell slightly from the previous month, but remained higher than last year, while home prices improved for the third consecutive month according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 4,521 existing single-family homes were sold in the Empire State in February. That was 2.6 percent lower than the revised 4,639 homes sold in January but 9.6 percent higher than the 4,124 homes sold in February 2011.

The median sales price for an existing home in New York improved for the third consecutive month, increasing by 6.3 percent in February to $220,000, up from $212,500 in January, but still 8.3 percent lower than the median price of $239,900 in February of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “We are pleased to see the upswing in February sales after several years of flat sales numbers in that month. In addition to strong market fundamentals such as historically low mortgage rates and plentiful inventory, the mild winter kept buyers out of hibernation and active on the market.”

Of the 41 counties that provided data for the monthly report, nineteen counties reported gains or were unchanged from the previous month with Essex County (+137.5 percent) reporting the largest increase while Delaware County (-58.3 percent) posted the largest monthly decline in sales.

Year-over-year, 26 counties reported sales gains with the largest gain posted in Chenango County (+187.5 percent) and the largest decline posted in Clinton County (-51.6 percent).

Suffolk County recorded the most sales for the month with an estimated 521 home sales, down from 562 the previous month, while Nassau County followed with an estimated 494 home sales for the month, down from 522 in January.

“For the third straight month, the statewide median sales price has increased and is at the highest point since September 2011. Despite some fluctuation, the monthly statewide median has remained above $200,000, providing a positive indicator for the market,” MacKenzie added.

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

Source:
NYSAR

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.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

March 28, 2012 (Shirley Allen)

Monthly sales of existing single-family homes in the state of New York fell slightly from the previous month, but remained higher than last year, while home prices improved for the third consecutive month according to the latest housing data from the New York State Association of Realtors® (NYSAR).

An estimated total of 4,521 existing single-family homes were sold in the Empire State in February. That was 2.6 percent lower than the revised 4,639 homes sold in January but 9.6 percent higher than the 4,124 homes sold in February 2011.

The median sales price for an existing home in New York improved for the third consecutive month, increasing by 6.3 percent in February to $220,000, up from $212,500 in January, but still 8.3 percent lower than the median price of $239,900 in February of last year.

Duncan R. MacKenzie, chief executive officer of NYSAR, stated, “We are pleased to see the upswing in February sales after several years of flat sales numbers in that month. In addition to strong market fundamentals such as historically low mortgage rates and plentiful inventory, the mild winter kept buyers out of hibernation and active on the market.”

Of the 41 counties that provided data for the monthly report, nineteen counties reported gains or were unchanged from the previous month with Essex County (+137.5 percent) reporting the largest increase while Delaware County (-58.3 percent) posted the largest monthly decline in sales.

Year-over-year, 26 counties reported sales gains with the largest gain posted in Chenango County (+187.5 percent) and the largest decline posted in Clinton County (-51.6 percent).

Suffolk County recorded the most sales for the month with an estimated 521 home sales, down from 562 the previous month, while Nassau County followed with an estimated 494 home sales for the month, down from 522 in January.

“For the third straight month, the statewide median sales price has increased and is at the highest point since September 2011. Despite some fluctuation, the monthly statewide median has remained above $200,000, providing a positive indicator for the market,” MacKenzie added.

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

Source:
NYSAR

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.