Why the number 11,753 is such a big deal for Albany area home sales

More than 11,700 new and existing homes sold last year in the Albany, New York, region — the only time in the past 17 years the total broke the 11,000 barrier, based on records kept by the Greater Capital Association of Realtors. The total figure — 11,753 — is preliminary. It far outpaces the 10,455 homes sold in 2015, which marked a major turning point for the residential real estate market in the wake of the 2008 recession. The sales were made through the Eastern New York Regional Multiple…

from DIYS http://ift.tt/2kmsiV2