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Robodocs names Keana Anderson as national accounts relationship manager

National Mortgage Professional
May 01, 2008

Empire State housing sales up from FebruaryMortgagePress.comNYSAR, existing home sales, median selling price, Duncan MacKenzie Sales of existing single-family homes in New York state in March increased by more than 10 percent, compared to February, but lagged behind March 2007's figures, according to preliminary single-family sales data accumulated by the New York State Association of Realtors (NYSAR). NYSAR reports that 5,035 existing single-family homes were sold in March 2008, a 10.1 percent increase compared to the 4,575 sales recorded in February. The March sales total represents a 29 percent decrease compared to the March 2007 total of 7,094. The March 2008 median selling price of $210,000 represents a 6.7-percent decrease from the February median of $225,000. The March 2008 median selling price represents a 14.7 percent decrease compared to the March 2007 median of $246,150. In March 2008, sales gains were reported in 31 counties compared to February, while just four experienced growth compared to March 2007. Thirty-one counties reported gains in median selling price in March 2008 compared to February 2008, while 20 posted gains compared to March 2007. "With a more than 10 percent increase in sales of existing single-family homes in March compared to February, the New York state housing market is performing better than the national housing market," said NYSAR CEO Duncan R. MacKenzie. "While changes in the median selling price fared better on a national level, New Yorks median price continues to remain above the national median." For more information, visit www.nysar.org.
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