Realty Times - Albany, New York Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > New York > Albany

Market Conditions Summary for Albany, New York

Reported by
Dennis Maier
as of 11/5/2011:

The Capital Region of NY continues to stagnate due largely to the lack of buyers. For the month of October 2011 there were only 381 sales for Albany, Rensselaer, Schenectady, and Saratoga counties combined. This is due largely to lenders... MORE->

Reported by
Terry Gavin
as of 8/27/2010:

The market in the Capital Region has slowed with asking prices falling somewhat as well. The low mortgage rates has not created a demand for homes. We have stable employment in this area: government; education;... MORE->

Average Current Market Rating: 2 (2 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2 (2 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > New York > Albany

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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