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New LOW for Days on Market

Jun
11

New LOW for Days on Market

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According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month. NAR’s Chief Economist, Lawrence Yun, had this to say, “What is available for sale is going under […]

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Jun
7

Did Tax Reform Kill the Luxury Market? NOT SO FAR!

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The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a negative impact on the luxury housing market. […]

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May
20

Don’t Wait To Move Up To Your Dream Home

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Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been rising, […]

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May
26

April 2017 Housing Report

New York State Association of REALTORS® April Housing Report is out! And things are looking competitive. Over the last several year employment and wages have been improving. With this positive economic environment allows more people to join in the real estate market. While this is all good news, the problem is there’s not enough housing inventory […]

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Apr
2

State of the Market | Q1 2017

Take a moment and watch Keir’s latest “State of the Market | Q1 2017” market update, where he offers commentary and analysis on the state of the real estate market over the first 3 months of 2017, with a look ahead for the rest of 2017. Please let us know if you have any questions […]

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Dec
27

State of the Market | Year in Review 2016 & Look Ahead to 2017

The November Housing Market Report put out by the New York State Association of Realtors for the Adirondack Park and surrounding areas, is out! Read our summary below and watch Keir’s review of 2016 and his look ahead to 2017 below. “Meanwhile, homes are selling in fewer days and for higher prices. This hasn’t always […]

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Oct
24

State of the Market | Real Estate Market Overview – Fall 2016

The  September 2016 Real Estate Market Report is out and as expected there’s still an inventory problem. Take a moment to read the report below the video and watch Keir’s summary and professional insight into the report and the fall real estate market.       In general, today’s demand is driven by three factors: […]

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Aug
30

State of the Market | Real Estate Market Overview – Summer 2016

The July 2016 Real Estate Market Report is ready! In this month’s report, published by the New York State Association of Realtors for the Adirondack Park and surrounding areas, we get insight into a national trend of reduced supply of available properties for sale that’s not only affected this summer’s statistics but the entire year’s […]

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Jun
16

Market Report May 2016

The  May 2016 Real Estate Market Report is out. The report offers insight from the New York State Association of Realtors for the Adirondack Park and surrounding areas. “We are in the thick of an exciting period of home buying and selling, often with quick multiple offers that are near, at or even above asking price, […]

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Apr
11

1st Quarter 2016 Real Estate Market Overview Video

In our latest market report video, Keir summarizes the first quarter of the 2016 real estate market, and reviews predictions and real estate trends coming in 2016. 2016 Real Estate Market At The Keir Weimer Team, we feel there’s a lot to be excited about in the coming year. If you are considering buying an […]

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