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03/21/2013 11:41 AM

Good news for Capital Region housing market

By: Web Staff

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CAPITAL REGION, N.Y. – There is some good news from the housing market. The latest report in the Capital Region shows the market is strong and nearing a balancing point.

According to the Greater Capital Association of Realtors, the latest statistics show that neither buyers nor sellers have a negotiating advantage. The study also shows that buyers aren’t as able to play one seller against another when negotiating price

Another indicator that the market is balancing out is an increase in housing prices compared to this same time last year.