Action on Flood Insurance

What is the issue? Without Congressional action, the National Flood Insurance Program (NFIP) will expire at midnight on Friday, May 31, 2019.  NAR is working to avoid a lapse while Congress continues to negotiate over a long-term reauthorization and reform measure. Read the Read the NAR FAQ What’s the latest? On May 14, 2019, the…

First Housing Meeting is today

Since February, members of the Ithaca Board of REALTORS have been communicating with interested community representatives to discuss housing issues in Tompkins County.  A group will meet today at noon, and 957 Mitchell Street Ithaca to discuss reducing construction/purchasing costs. In February discussions surrounding local/regional material sourcing incentives, purchaser tax abatments, reducing cost of borrowing,…

Why Use an Ithaca Board of Realtors® REALTOR®?

There are a dozen reasons: 1. Your REALTOR® can help you determine your buying power; that is, your financial reserves plus your borrowing capacity. If you give a REALTOR® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders —…

March 2019 Statistics

The median price has declined 4% over last year in the Ithaca area and Tompkins County saw a slight increase 1% There is a mix of low inventory and high absorption rate. The March absorption rate is consistent with previous years, but inventory continues to decline. Inventory is down 14%, pending sales are up 9%,…

April is Fair Housing Month

The Ithaca Board of REALTORS® remains committed to highlighting April as Fair Housing month by continuing to address discrimination in our community, supporting programs that educate the public about the right to equal housing opportunities, and planning partnership efforts with other organizations to help assure every American of their right to fair housing.  While we…