The New York State Association of Realtors (NYSAR) reported in January an increase in home sales of 11% throughout New York State compared with the beginning of last year. The statewide median sales price also jumped more than 30%. According to the release, activity in the market spurned on by the federal tax credit likely drove the market higher and buyers are expected to flood the market again as the new deadline approaches. For more information, click here.

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