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Marketing & Statistics

January 2010 New York State home sales up 11 percent from year ago

Albany, NY - February 26, 2010 - (RealEstateRama) — The New York state housing market posted an improved start to 2010 compared to the beginning of last year with sales increasing by 11 percent compared to January 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

More Than 8,000 New Yorkers Have Taken Advantage of the Credit, Saving Nearly $4 Million

Washington, DC - September 24, 2009 - (RealEstateRama) — U.S. Senator Kirsten Gillibrand co-sponsored legislation today that would extend the $8,000 tax credit for first-time homebuyers for another six months.

NEW YORK TOTAL FORECLOSURE ACTIVITY INCREASED IN THE SECOND QUARTER; DOWN OVERALL FROM PREVIOUS YEAR

New York, N.Y. - July 29, 2009 - (RealEstateRama) — The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the second quarter ending June 30, 2009. According to RealtyTrac there were foreclosure filings on 13,664 properties in New York during the second quarter, representing a 15 percent decrease compared to the second quarter of last year and a 24 percent increase over the previous quarter

New York Total Foreclosure Activity Increased in Second Quarter; Down Overall from Previous Year

New York, NY - July 27, 2009 - (RealEstateRama) — The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the second quarter ending June 30, 2009. According to RealtyTrac there were foreclosure filings on 13,664 properties in New York during the second quarter, representing a 15 percent decrease compared to the second quarter of last year and a 24 percent increase over the previous quarter.

Productivity Swings and Housing Prices

New York, NY - July 9, 2009 - (RealEstateRama) – The Federal Reserve Bank of New York today released Productivity Swings and Housing Prices, the latest article in its series Current Issues in Economics and Finance.

New York State housing market posts gains for second consecutive month

Albany, NY - May 27, 2009 - (RealEstateRama) — The New York State housing market posted sales gains for the second consecutive month with a nearly 14-percent increase in closed sales of existing single-family homes in April from March, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

April Housing Figures Shows Signs of a Recovery

West Babylon, NY - May 15, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released April’s 2009 home figures reporting a $350,000 closed median home price for Long Island, that includes Nassau, Suffolk and Queens, and a contracted median price of $411,000.

REBNY Retail Report: Manhattan Asking Rents for Retail Space Down 11%

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — As the global recession continues to affect the retail industry, average asking rents for retail space in Manhattan had the first meaningful decline since 9/11, dropping 11 percent since fall 2008 to $115 per square foot, according to the REBNY Spring Retail Report released today.

NYSAFAH Names nyhomes 2008 Innovator of the Year

NEW YORK, NY - May 6, 2009 - (RealEstateRama) — The New York State Association for Affordable Housing (NYSAFAH) has named nyhomes, New York State’s affordable housing bank, as its 2008 Innovator of the Year.

New York Fed Applauds Implementation of the TMPG’s Fails Charge Recommendation

New York, NY - May 1, 2009 - (RealEstateRama) — The Federal Reserve Bank of New York welcomes today’s implementation of the Treasury Market Practices Group’s (TMPG) recommendation that settlement fails in U.S. Treasury securities transactions be subject to a financial charge when short-term rates are low.

Economic concerns and stimulus uncertainty keep buyers on the sidelines in February

Albany, NY - March 25, 2009 - (RealEstateRama) — The New York State housing market recorded sluggish sales in the first two months of 2009, as buyers faced concerns about the economy and uncertainty about the federal stimulus package.

February Number of Contracted Sales Are Up

West Babylon, NY - March 11, 2009 - (RealEstateRama) — The Multiple Listing Service of Long Island, Inc., (MLSLI) released February 2009 home figures reporting a $360,000 closed median home price for Long Island which includes Nassau, Suffolk and Queens county.

National economic uncertainty hampers New York State housing market

Albany, NY - February 25, 2009 - (RealEstateRama) — The New York State housing market could not sustain the December sales growth into January as buyers largely stayed out of the market due to concerns about the economy and questions about the impending economic stimulus package.

New York Banking Department and RealtyTrac® Release Fourth Quarter and Full Year 2008 Foreclosure Data for New York State

New York, N.Y. - January 25, 2009 - (RealEstateRama) – The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the fourth quarter and full year ended December 31, 2008. According to RealtyTrac there were 8,366 properties with foreclosure filings in New York during the fourth quarter of 2008 and 50,032 during the full year 2008.

Retail rents in TriBeCa, Herald Square and Upper West Side see notable increases

NEW YORK, November 5, 2008 - (RealEstateRama) – Retail asking rents for ground floor space along some of Manhattan’s prime shopping corridors have risen notably compared to last year, while others are seeing declines, according to a report released today by The Real Estate Board of New York (REBNY).