#Shutdown & Home MortgagesMany home buyers and home sellers may start to wonder how this government shut down impacts home mortgages. Whether it’s your mortgage application or the mortgage
November Home Prices Up But Sales Down
Here is the monthly breakdown in the Capital Region real estate numbers, comparing November 2014 to the same month in 2013. Overall, the median sale price was up 3.2%, but pending home sales were down 4.9%. But if you look at median sales year to date for two bellwether markets, in Albany the median sale price is essentially unchanged increasing 0.8% and in Clifton Park the median sales price edged up 1.4%. North Colonie experienced one of the largest price gains year to date, jumping 4.9% in median home sales price, while South Colonie was essentially flat (-0.3%), Guilderland lost 2.3%, and Bethlehem nudged up 0.4%.
Alexander is a New York State licensed real estate broker and New York State licensed attorney. A life long upstate New Yorker, Alexander has lived and worked in the Capital Region since 2005. He has ....