by Robert Smith | Apr 11, 2026 | Housing Market, Information for Real Estate Agents-Brokers, Real Estate Agent Tips
Key Takeaways Real estate is not one national market. It is a collection of local and increasingly hyper-local markets. National housing headlines provide a broad backdrop, but local conditions determine what is really happening on the ground. Onondaga County, Oswego...
by Robert Smith | Apr 10, 2026 | Affordability, Housing Market, Information for Real Estate Agents-Brokers, National Association of Homebuilders, Real Estate Agent Tips
Many homes in Syracuse and Central New York were built in the early 1900s, making New York housing stock among the oldest in the nation. Key Takeaways New York has the oldest housing stock in the nation, and that creates both challenges and opportunity. Smart agents...
by Robert Smith | Mar 23, 2026 | Housing Market, Information for Real Estate Agents-Brokers, Mortgage
Key Points for Agents The 10-year Treasury is the leading indicator for mortgage rates. Mortgage rates typically run 1.5%–2.5% higher than the 10-year yield. Rising yields usually mean higher rates and reduced affordability. Falling yields can lead to lower rates and...
by Joe Proppe | Mar 8, 2026 | Housing Market, Mortgage
Why Renovation Loans MatterOne loan, one payment for both the home purchase and renovations.Helps buyers consider homes that need updates instead of limiting their search to turnkey properties.Allows buyers to customize a home immediately after closing.Can expand...
by Robert Smith | Feb 27, 2026 | Housing Market, Housing Statistics, Information for Real Estate Agents-Brokers
Quick Take for Agents: $300K Is a Key Affordability Line National (NAHB): Over half of U.S. households cannot afford a $300,000 home under current conditions. Local (GSAR/CNYIS): Onondaga County’s median sale price is about $270K, but the average sale price is about...
by Robert Smith | Feb 18, 2026 | Housing Market, National Association of Homebuilders, Opinion, Real Estate
~2 minute read Breaking Down New Home Affordability in Syracuse Metro Region In my morning email, a report from the National Association of Home Builders (NAHB) made me pause and consider new home affordability in our Syracuse Metro Region. Nationally, about 65% of...
