| July 31, 2010 Past Issues | Printer Friendly | www.nysar.com | Advertise |
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The New York state housing market continued its strong start to 2010 as second quarter sales, helped by a record-setting June sales total, jumped more than 71 percent from the first quarter, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. New York REALTORS sold 24,327 existing single-family homes in New York State during the 2010 second quarter, an increase of 71.3 percent from the 2010 first quarter. The sales total represents a 30.9-percent increase compared to the 2009 second quarter. The June 2010 sales total of 11,230 was up 66.2 percent from the May 2010 total of 6,758 and 46.8 percent from June 2009. The 2010 second quarter statewide median sales price of $204,450 represents an increase of 11.7 percent from a year ago and a 5.4-percent decrease from the 2010 first quarter. The June 2010 median sales price of $220,750 represents an increase of 19.3 percent compared to the June 2009 median. Click here to learn more.New York State Secretary of State Lorraine Cortés-Vázquez will resign effective August 31 to take a position as executive vice president at AARP in Washington, D.C. She was appointed by former Gov. Eliot Spitzer in 2007. Under the leadership of Cortés-Vázquez, the Department of State invested nearly $130 million in 622 projects across the state, regulated the security and real estate industries, revitalized waterfronts and downtowns to promote smart growth and more. During her tenure as secretary of state, the DOS Division of Licensing Services adopted the eAccessNY system to manage real estate licensing applications, renewals, exams and changes. To read the entire press release from Gov. David Paterson, click here. The New York State Association of REALTORS, in partnership with the Siena Research Institute (SRI) released the first-ever quarterly New York State Consumer Real Estate Sentiment scores for the 2010 second quarter. Overall, the survey found New York consumers are negative about the current real estate market, but optimistic about the future. They feel that it is a very good time to buy, but a poor time to sell. Selling prospects increase over the next year and buying remains positive, indicating high hopes for the future of the New York real estate market. For a MSA breakdowns, the SRI press release and a video from the press conference, click here.There's still time to take advantage of 3rd quarter MVP Health Plan rates If you haven’t yet signed up for NYSAR committee service, you have until midnight tonight, July 31 to do so. Members who wish to serve may select up to six of the more than 25 NYSAR committees available in 2011. Volunteers are asked to be sure they will be able to attend the association’s 2011 business meetings January 31-February 3 in Albany and September 11-14 at the Turning Stone in Verona before committing to serve. Click here to sign up today. It’s your last chance for 2011 service!
The State of New York Mortgage Agency (SONYMA) has announced a number of changes including a new website home page that reflects the collaboration of New York’s housing agencies. In addition, there are changes to the Pool Insurer Commitment time frames; Approved Project Set‐Aside website list; Project Set‐Aside builder/developer/sponsor information form; Hazard Insurance coverage for condominiums; and a revised Hazard and Flood Insurance Certificate. Click here to read the entire SONYMA bulletin. Registration is now open for the REBar Camp on Saturday, September 11, at the Hilton Rye Town in Rye Brook, NY, from 8:30 a.m. to 4:30 p.m. The REBar Camp is a great way for REALTORS to learn from and network with each other in an environment that is both open and engaging. Learn more about Facebook, Twitter, video creation,
websites, blogging, search engine optimization and much more. Agents who are successfully using these different facets of
technology and social media will be there to share information and answer your
questions. If there is a related topic you want to discuss that is not already
on the list, bring it up! You decide what you want to learn more about. REBar Camp is free but registration is required. NYSAR is a sponsor of the event. Click here to learn more. |
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