New York State home sales leap 20% from April 2009

New York State home sales on the rise
as buyers take advantage of federal tax credit 

Albany – May 24, 2010 – The New York state housing market continued to improve as April 2010 sales jumped nearly 20 percent compared to April 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price also rose by more than 8 percent compared to April 2009.

“The April data indicate two positive sales trends for the Empire State’s housing market,” said Duncan R. MacKenzie, NYSAR chief executive officer, noting that sales have increased from year-ago totals for four consecutive months, and from prior-month sales for the past two months. “The federal tax credit, along with low mortgage rates and a good selection of available inventory, continued to drive market activity in April.” He added that while the statewide median sales price has fluctuated on a month-to-month basis, it has consistently shown growth compared to the year-ago medians.

“We expect that sales totals will be strong through June as buyers close their purchases prior to the final federal homebuyer tax credit deadline,” said MacKenzie. “All buyers under contract prior to the April 30 deadline must close before June 30 to remain eligible for the tax credit.”

MacKenzie noted that the federal homebuyer tax credit deadline is extended for members of the armed services and certain other federal employees, who served outside of the United States for at least 90 days after December 31, 2008 and through May 1, 2010. These service members have a contract deadline of April 30, 2011 and a closing deadline of June 20, 2011.

New York REALTORS sold 6,145 existing single-family homes in New York State during April 2010, a 19.7 percent increase compared to the April 2009 sales total of 5,133. April sales also increased from March 2010 when 5,461 homes were sold.

The April 2010 median sales price in New York State of $197,000 represents an increase of 8.2 percent compared to the April 2009 median of $182,000, but fell off by 3.4 percent from the March 2010 median of $204,000.
Complete data is available at http://www.nysar.com/content/Press.htm
The New York State Association of REALTORS is a not-for-profit trade organization representing more than 54,000 of New York state’s real estate professionals. The term REALTOR is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS. These REALTORS are also members of the New York State Association of REALTORS as well as their local board or association of REALTORS.

For more information call Steve Converse at 716-479-3378 or email here

What's New at Marrano - 5/15/10

What's New at Marrano

              Introducing the Select Series

A whole new selection of home designs from the $190,000s.

Now, you can have the quality of Marrano at an affordable price in a home design created for the way you live today.

Select your plan

• 
  
  3 or 4 bedrooms
• 
  
  Choice of kitchen layouts
• 
  
  Laundry/pantry choices
• 
  
  Choice of new front exterior elevations

 

Select your location

• 
  
  Hamburg -- Choice of large home sites including our most popular neighborhood, Deer Springs
• 
  
  West Seneca -- Build in Princeton Estates, the hotest selling community in West Seneca
• 
  
  Lancaster -- More choices at Summerfield Farmsa in S. Lancaster and Pleasant Meadows off Pleasant View

 

Select the best -- Marrano.

Come select your affordable new Marrano home today. Decorated models open daily 1-5 PM, closed Thurs. & Fri.  Call Steve Converse for more details at 716-479-3378.

What's New at Marrano - 5/8/10

What's New at Marrano

Marrano offers Mortgage Interest Rates starting as low as 2%.  Go here for more information or call Steve Converse at 716-479-3378

http://marrano.com/whatsnew/?uid=0000000620 

  

What's New at Marrano - 5/1/10

What's New at Marrano

Marrano grand opens new Lakewoods Patio Homes in Elma

Marrano announces a grand opening this weekend to introduce you to our exclusive new Lakewoods, a private arrangement of home sites within the Springbrook Shores community in Elma. Come to the grand opening and you can tour the Lakewoods model and learn about 28 new homes sites, including large cul-de-sac and water-view lots, creating one of the most serene settings in the area for patio home living.

Marrano's Lakewoods community is situated along a winding road culminating in the cul-de-sac arrangement. A large, shimmering lake provides a backdrop for more than half of the new home sites offering gorgeous views, while others are adjacent to a wooded conservation area for enhanced privacy. The model shows a versatile floor plan of more than 1,800 square feet, one of several patio home designs available at Lakewoods, including Ranch and master bedroom down plans with pricing starting in the $220,000s.

Lakewoods is a fresh, new offering for the carefree lifestyle with an appeal and atmosphere all its own, quiet and secluded in country-like surroundings. Visit the grand opening and get a real sense of what makes living in this community so special, from the quiet valley of protected areas and ponds to the walking trails and natural beauty.

The charm of the Lakewoods model is apparent upon arrival, showing a character reminiscent of classic homes found throughout Elma. A covered front porch with brick accents blends with the earth-tone colors and graceful rooflines of the front exterior elevation.

Upon entering the model through a full view, leaded glass door, visitors step into a hardwood foyer and are greeted with a spectacular view of the large, wide open great room with soaring ceiling, gas fireplace and large windows. Hardwood floors carry into the spacious kitchen off the foyer where there is plenty of cabinet and counter top space including a ceramic tile backsplash, large pantry, wine rack and a convenient pass-through to the dining room.  The kitchen's eating area is brightened by large windows which provide another vista on the surrounding community, ideal for early morning coffee or casual evening meals.

The home's first floor master bedroom suite is tucked away for privacy on the rear of the home and features a large walk-in closet and master bath with ceramic tile floor. A guest bedroom is practically a private suite in itself, convenient to the main bath with plenty of closet space. 

The model also features an innovative loft overlooking the great room, where Marrano demonstrates the multi-functional flexibility of the plan. The loft space has a walk-in closet and could serve as a third bedroom, a computer or sewing room, entertainment room or home office.  In addition to all these amenities, the patio home has convenience features such as a first floor laundry and mudroom area leading to the two car garage, and a full basement.

The model puts the spotlight on the appeal of the maintenance-free lifestyle at Lakewoods. A home owners association takes care of lawn cutting, landscape maintenance, snow removal and more, and the homes feature an automatic sprinkler system for the front and side yard. That's not to mention the surrounding community itself where Marrano continues to build on the success of the one-of-a-kind, established neighborhood. The Elma location combines the advantage of a country setting with easy access to dining, entertainment and shopping in East Aurora, West Seneca and other nearby towns and villages. A blend of different patio homes are set in the valley and surrounded by more than 160 acres of conservation area, three large lakes and common areas.

Visitors can walk a hiking and nature trail as long as two miles, winding through the woods and open areas, the only patio home community in Western New York to offer such a lifestyle amenity. Unique LifeTrail fitness stations have been installed on the trail where residents can perform up to three different exercises in one station, enabling them to add an exercise plan to their walking routine.

You can also inquire about a number of completed patio homes ready to move in and available for immediate sale at Springbrook Shores, with pricing starting in the $260,000s. You can view available floor plans and see a map of available home sites at the sales center within the model.

The Lakewoods model grand opening takes place at 2 South Shore Drive, open daily 1 to 5 PM, closed Thursday and Friday. Take Seneca Street, Rt. 16, east past Transit to Rice Road to 2 South Shore Drive. Call 809-8676 for more information.