New York State February 2012 home sales increased by 9.6 percent from February 2011, despite falling back slightly from January, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price increased by more than six percent from January.
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In its U.S. Foreclosure Market Report for February 2012, RealtyTrac Inc. reported New York State had 1,761 total foreclosures, an increase of 5.32 percent from January, but a decrease of 35.85 percent from February 2011. New York State ranked number 46 of all 50 states for monthly total foreclosure filing in February.
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REALTOR University launched its first Master of Real Estate
course, Real Estate Law (RE520). NYSAR Real Estate Services, Inc. is funding a
REALTOR University scholarship for an accepted NYSAR member who lives and works
in New York State.
Click here to learn more.
The Legislature and Gov. Andrew Cuomo have continued to negotiate a $132
billion state budget with an April 1 deadline.
The final budget will include a higher income tax on millionaires,
which, according to the governor’s office, will pay for a tax cut of $200 to
$400 for most middle-income families.
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Four Assembly seats and one Senate seat were up for special elections last
week.
Click here to read the entire Government Affairs Weekly Report.
The Tuesday, April 3, NYSAR Radio show with special
guest NYSAR Vice President of Board & Member Services Patrick Reilly, will cover
the Code of Ethics as well as the mediation and arbitration processes. Tune in at 10 a.m. next Tuesday by clicking
here.
Click here for more information.
The March/April issue
of New York State REALTOR magazine has hit the mail and should be in your
mailbox shortly, if not already. This issue features legal information, listing
information and a profile of the typical New York State homebuyer and seller.
REALTOR Institute 403 – "Financing to
Increase Homeownership" – will be offered April 2 at the Hudson Gateway
Association of REALTORS in White Plains, NY. This course shows you how to
research products, qualify buyers and explain the best financing options for
your clients.
Click here for more information or to register.
REALTOR Institute 404 – "Serving Real
Estate Investors" – will be offered April 3 at the Hudson Gateway
Association of REALTORS in West Nyack, NY. This course will show you how to
complete financial calculations, explain concepts used in evaluating real
estate as an investment, and help clients negotiate, purchase, finance, manage
and sell commercial and/or investment property.
Click here for more information or to register.
Your
NYSAR membership means you have a choice when it comes to your auto and
homeowners insurance. Plus, by bundling your auto and homeowners insurance, you
can save up to 30 percent a year.
Click here to learn
more.
"The Great Moving Adventure" DVD, a part of World Class Coaches Moving Families
Initiative, is designed to help you ease the fears of children being relocated
by their families and to meet the special needs of this market. Your NYSAR
membership provides you with a 15-percent discount at checkout.
Click here to learn more.
The March RPAC silent auction item is a Microsystem for iPod & iPhone.
Bids must be placed by March 30, at 11:59 p.m.
Click here to learn more.
On behalf of NYSAR’s 48,000 members, RPAC of New York thanks those
REALTORS who made an investment of at least $250 this past week.
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Celebrate the 40th anniversary of RPAC of NY by investing $40 in a limited
edition anniversary pin.
Click here to learn more.
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