On this episode of #SmallBiz518 we're at WAMC Northeast Public Radio! A few months ago, Alexander Monticello had the honor to speak with the President & CEO, Alan Chartock, about
Monticello Market Minute
The video below features Alexander Monticello checking in with our latest statistics from around the Capital Region. In a nutshell:
Pending homes are up by 1%.
Home sales are up by 1%.
Closed sales are down. Alex explained that he thinks that is from a lack of inventory.
The open houses that we have had recently have had an above average turnout with 10-14 parties at each one.
Based on the interest in the open houses. we think that it will be a busy first quarter in 2019.
Alex went to a conference where Hugh Johnson Advisors talked about their prediction for 2019 and it may be possible that interest rates can rise another 1/2 to 3/4 of a point.
You can learn more about the market by watching the video below.
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 ....