Oswego County Homes See Record January Sales
NYSAR reports January home sales nationwide hit a new high with 8472 closed transactions, up 4.1 percent from 2016, while inventory fell from 74065 to 59771 statewide. Central New York activity shows 528 closed sales in January 2017, up from 513, with prices rising and pending sales climbing 18.1 percent regionally. Florence Farley of Berkshire Hathaway CNY Realtor notes low inventory, rising mortgage rates near 4.2 percent, and advises buyers to search for suitable homes while sellers should move quickly on well priced, well kept properties in Oswego County.