new york state: NY State Market Stats, August 2006-2008 - 10/14/08 07:11 AM
According to the New York State Association of REALTORS® the August 2008 sales fell 20% compared to August of 2007. The August 2008 median was $225,000 10% lower that the August 2007 median of $249,000. In Westchester County the numbers are:
The median prices in August 06 was $749,000 … (0 comments)
As of September 1, 2008 there are 26 active single family homes on the market. 34 single family homes have sold since January of 2008. One single family is pending.
January 1 - February 29, 2008
8 Single Family Houses sold
Average price was $850,188
Median price was $701,000 … (0 comments)
new york state: The I Love New York Short Film Contest - 08/25/08 05:35 PM
During the first two weeks of July hundreds of short films were submitted for considersation in a contest sponsored by local corporations. Out of these hundreds are 15 finalists that you can view and vote for your favorites, here. To see all of the videos, here.
I Don't Like New York … (2 comments)
new york state: Used to Be Roaches, Now it's Bedbugs - 08/02/08 08:37 AM
One of my clients expressed concern about bedbugs and that she is really worried about them. I have heard of the problem but didn't realize the extent of the issue and knew nothing about bedbugs, how they infiltrate a home, their life cycle and how to try to get rid of … (10 comments)
new york state: Yes, I Know - 08/01/08 04:51 PM
We are in a buyer's market. A lot of properties that are on the market are getting many showings but not a lot of offers. Properties can sit on the market for a while in this market. When offers are presented on these properties I hear a lot of frustration on … (2 comments)
new york state: A Scam and Another Scam - 08/01/08 03:05 PM
In the last few days two scams have come to my attention. Both involve individuals who are not licensed trying to sell real estate. Two days ago I got a call from a women who works at a building management company. She has an office at the building so individuals who … (1 comments)
new york state: A New Mortgage Law in New York State - 07/05/08 05:17 AM
Now Mortgage Brokers are expected to predict future income of borrowers and must be careful not to discriminate against certain groups by not offering certain loans that could be a problem. From the New York Times:
"The legislation, which was passed by the New York Legislature in June and is expected … (1 comments)
new york state: Disclosing Dual Agency-Why Agree to Limited Services From Your Agent - 06/16/08 10:40 AM
Last week I received an email from a seller in Westchester County. She was very upset because she found out that the agent she had hired to sell her house brought a buyer and an offer and did not disclose that it was her buyer. The agent did not disclose that … (50 comments)
new york state: New York State Agency Disclosure -2008 - 01/01/08 05:40 AM
The following is probably unique to New York State. We have an agency disclosure form that two years ago was rewritten because it was not very consumer friendly, meaning that it was really hard for buyers and sellers to try to understand what it meant and what it meant to them. … (4 comments)
"NAR supports the general principle that all mortgage originators should act in "good faith and with fair dealings" in a transaction and treat all parties honestly. NAR's Code of Ethics already imposes a similar requirement on REALTORS®, who are required to treat everyone in the transaction honestly. NAR encourages legislators to … (1 comments)
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