Buyers & Sellers

Syracuse real estate news and Central New York housing reports that are accurate and up-to-date. Plus, Syracuse neighborhood and Central New York town and village information.

Central New York Housing News

Top 10 Tips for Sellers

Today's sellers may face challenging conditions in many markets, but that doesn't mean choosing to sell is a bad idea. There are many reasons to sell and most are good ones. 

Here are ten tips to get you on your way to getting your home sold.

1. Hire a Professional. This is no time to be navigating the rough waters of the real estate market on your own. You want someone who can help you accurately price your home, bring in potential buyers, handle contracts, and market your home to the masses.

Mortgage rates fall slightly for Northeast in the first week of January

In its Primary Mortgage Market Survey for the week ending January 5, 2012, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast fell slightly, dropping form 3.96 percent to 3.93 percent with an average 0.7 point.

The 15-year FRM for the Northeast fell from 3.28 percent to 3.27 percent with an average 0.7 point.

Nationally, the 30-year FRM averaged 3.91 percent, down from 3.95 percent the week prior, while the 15-year FRM fell slightly from 3.24 percent to 3.23 percent.

Housing to Be Key Factor in 2012 Election

HouseLogic, the consumer website for the National Association of Realtors® has released the results from their latest survey. They found that when it comes to the upcoming 2012 election, jobs and housing are at the forefront of voters' minds.

U.S. Will Remain a Nation of Homeowners

The U.S. will not become a nation of renters; there are just too many benefits, both financial and otherwise, to own versus rent. That's according to the combined findings of several recent studies presented during the "Buyer or Renter Nation?" session at the 2011 Realtors® Conference & Expo recently.

Growth in Commercial Real Estate Markets Expected in 2012

Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®.

REALTORS Applaud Congress for Reinstating FHA Loan Limits

The National Association of Realtors® commends Congress for reinstating the loan limit formula and maximum cap for Federal Housing Administration-insured loans for two years.