The Skinny – September 2019

The housing market in the Capital Region finished out with third quarter of the year on a high. The demand for inventory has remained high throughout the first 9 months of 2019. The number of new listings increased 4 percent last month to 1,740 from 1,677 in September 2019. Demand has helped prop up sales… Read Post »

The Skinny – July 2019

At this point in the year, there is a good sense for how the housing market is likely to perform for the foreseeable future. While it remains true that sales prices are running higher and inventory options are still relatively low, buyers are beginning to find some wiggle room at price points and geographies throughout… Read Post »

The Skinny – April 2019

Buyers are beginning to return in full force this spring. The competition is fierce for well-priced homes in desirable locations. As prices continue to gain traction the median sales price in the Capital Region increased 5 percent to $214,946 with the percent of original list price received landing at about 95 percent. The median sale… Read Post »

The Skinny – March 2019

Though during the first quarter of the year housing supply continued to struggle to replenish itself in most markets across the US, new listings in the Capital Region increased by 20 percent with 1,630 listings bringing the region’s inventory to 4,782, a nearly 8 percent increase in homes available for sale over last year at… Read Post »

The Skinny – February 2019

Weather-related events have put a damper on the conditions ideal to make home sales during February, yet buyers have shown determination toward achieving their homeownership goals. The market is showing signs of waking up from the winter hibernation.