Report: NYC Avg Home Prices down 23% in first quarter 2009 largely due to...

NEW YORK, NY - April 7, 2009 - (RealEstateRama) — Apr. 7, 2009: The average sales price of a home in New York City (which includes cooperatives, condominiums and one-to-three-family dwellings) declined 23 percent to $660,000 in the first quarter of 2009 compared to the same time last year, according to a report released today by ResidentialNYC.com, the real estate listings web site of The Real Estate Board of New York (REBNY).

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.

Despite December uptick, New York State housing sales down in 2008

Albany, NY - January 29, 2009 - (RealEstateRama) – Existing single-family home sales in New York State in 2008 fell by 16.2 percent compared to 2007 as the market responded to the effects of tighter mortgage availability, a shrinking economy and a decline in consumer confidence.

New York Banking Department and RealtyTrac® Release Fourth Quarter and Full Year 2008 Foreclosure...

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...

New York Banking Department and RealtyTrac® Release Foreclosure Data for Third Quarter 2008

New York, NY - October 30, 2008 - (RealEstateRama) — New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the period...

Empire State begins typical seasonal slowdown in September

Albany, NY - October 30, 2008 - (RealEstateRama) —  Existing single-family home sales in New York finished September 2008 only 4-percent below September 2007, while the median...

Radar Logic Launches Manhattan Neighborhood Home Price Indices

NEW YORK, NY - October 14, 2008 - (RealEstateRama) — Today Radar Logic began publishing daily residential price indices for eight Manhattan neighborhoods. RPX...

Report: Average NYC Home Sale Prices Up Slightly in Third Quarter Over Last Year

NEW YORK, NY - October 7, 2008 - (RealEstateRama) — The average sale price of a home in New York City was $783,000 in the...

Summer housing market building momentum

Albany, NY - September 2, 2008 - (RealEstateRama) — Sales of existing single-family homes in New York State in July outpaced the June sales total by...

New York housing market remains solid through first half of 2008

Albany, NY - August 22, 2008 - (RealEstateRama) — New York’s housing market remains solid through the first half of the year, aided by an increase...

SONYMA to Issue $168 Million in Bonds to Finance Near-Record First-Time Homeowner Mortgages

NEW YORK - August 5, 2008 - (RealEstateRama) — The State of New York Mortgage Agency (SONYMA) has priced the issuance of $168 million...

Brooklyn and Queens apartments retain values with modest price gains

New York - July 29, 2008 - (RealEstateRama) — Bucking the national trend of falling real estate prices, average sales prices for homes in...

New York Banking Department and RealtyTrac® Comment on Second Quarter 2008 New York Foreclosure...

New York State Continues to Be Less Impacted Than Other States; Certain New York Counties Disproportionately Affected by Foreclosure FilingsNew York, NY - July 31,...

New York housing market sales pace improves, median price holds

Albany – June 30, 2008 –Sales of existing single-family homes in New York State in May outpaced April by nearly 12 percent, with more...

HDC’s New Affordable Cooperative Housing Program – 180 Apartments to Be Sold At Low,...

New York, N.Y., June 11th, 2008 – The New York City Housing Development Corporation (HDC) today approved $35,265,000.00 million in taxable bonds for the...

New York housing market warms up in April

Albany – May 23, 2008 – Sales of existing single-family homes in New York State in April increased by more than 14 percent compared...

March Home Prices Continue to Adjust

West Babylon, NY - The Multiple Listing Service of Long Island, Inc., (MLSLI) released March 2008 home figures reporting a $409,000 closed median home...

New York Banking Department and RealtyTrac Comment on First Quarter 2008 New York Foreclosure...

New York, N.Y. - April 29, 2008 - The New York State Banking Department and RealtyTrac® commented on the report published today by RealtyTrac,...

Empire State housing sales up from February

Albany – April 23, 2008 – Sales of existing single-family homes in New York State in March increased by more than 10 percent compared...

Report: NYC Average Home Prices Up 28% In First Quarter Despite Slowing Economy

Manhattan prices drive NYC residential market up as average home prices in Manhattan surge 41%; In Brooklyn avg prices up 3% NEW YORK, Apr. 17,...

New York housing sales soft in February

Albany – March 26, 2008 – Sales of existing single-family homes in New York State in February decreased by more than 12 percent compared...

RESIDENTIAL.NYC Names Brooklyn’s Hottest Neighborhoods

Current sales data shows stable growth of Bkln market, Avg apt prices up 11% compared to Jan last year NEW YORK, Mar. 11, 2008 –...