Real Estate New York

Market Update June 2006

Credit Check

Learn what your credit rating is for free. Acknowledging the importance of credit ratings to consumers—especially to home owners and those who intend to be--lawmakers have enacted the Fair Credit Reporting Act (FCRA). This act requires each of the three major credit reporting agencies (Equifax, Experian, and TransUnion) to provide you with a free copy of your credit report once ever twelve months.

To obtain your report visit: https://www.annualcreditreport.com/cra/index.jsp
(or call 877-322-8228) This is the only website authorized by the Federal Trade Commission to provide this service—beware of impostor web sites that promise this free service as a ploy.

If you find errors you can write the credit reporting company and have them corrected before they interfere with an important purchase or home loan. For more information see: http://www.ftc.gov/bcp/conline/pubs/credit/freereports.htm

New Real Estate New York Website

For those of you who haven't check out our new website, we invite you to do so now. http://RENY.net

Some of the improved features include easy direct searches of the Capital Region MLS. This interface connects directly to the main database where all listings are found. The information you obtain is up to the minute, as opposed to every other source where the information is as much as a week old.

There is also a link from the search page to get answers to additional questions you may have about a particular listing.

Also, you can easily make appointments to see a particular home or any home in New York State.

This search page is at:
http://RENY.net/mls-real-estate-listings.html

Please let us know what you think so we can continue to provide the most accurate, up to the minute information to our members.http://RENY.net/comments.html

New Maps on Listings

Have you noticed the new maps on First Look listings? We have update this feature to correct past inaccuracies
In addition, you can request driving directions from any location simply by by click the email link over your broker's picture. In the future, we intend to put topographical and aerial maps with each listing.

$300 Bucks

That's the average amount to be refunded to New York State tax payers this election year.

Sure, it isn't much in the face of some of the highest property taxes in America. But it's a start.

In addition, both candidates for Governor, Eliot Spitzer and John Faso, promise major property tax relief. (see lead story). And yes, there is no guarantee that property taxes will actually stay down once they are lowered but at the very least legislators are paying attention to New York homeowner's tax crushing burden. (see Lawrence Levy's at Newsday.com)