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Posts from June 2026

CKM TEAM REALTY

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June
24

For years, short sales were a common feature of the housing market, particularly during and after the Great Recession. As home values plummeted and homeowners found themselves owing more than their properties were worth, short sales became an alternative to foreclosure. Then, as home prices surged and equity levels reached record highs, short sales nearly disappeared.

Today, however, many real estate professionals are asking the same question: Are short sales making a comeback?

What Is a Short Sale?

A short sale occurs when a homeowner sells a property for less than the amount owed on the mortgage, with the lender agreeing to accept the reduced payoff amount. While often viewed as a last-resort option, short sales can help homeowners avoid foreclosure while minimizing financial damage.

Why Short Sales Declined

Over the past decade, strong home appreciation created substantial equity for homeowners across much...

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June
17

The Capital District real estate market has remained one of the more resilient investment markets in New York during the first half of 2026. While higher mortgage rates continue to pressure affordability, strong demand, limited inventory, major redevelopment projects, and continued semiconductor and technology investment are supporting both residential and commercial property values.

Key Investment Trends

  1. Housing Inventory Remains Extremely Tight

The region continues to suffer from a shortage of available homes. As of spring 2026, housing inventory across the Capital Region was down approximately 5.5% year-over-year, with only 1.9 months of supply available. Homes are selling quickly, averaging about 40 days on market and achieving roughly 99% of asking price. This limited supply continues to support property values and rental demand.

  1. Multifamily Remains the Preferred Asset Cl...

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June
10

The U.S. housing market showed renewed momentum in May as existing home sales posted one of their strongest performances of the year. Despite ongoing affordability challenges, elevated mortgage rates, and economic uncertainty, buyers returned to the market in greater numbers, signaling resilience in the nation's real estate sector.

Existing Home Sales Show Positive Growth

Existing home sales increased during May, reflecting stronger demand and improved market activity compared with previous months. The growth suggests that many buyers are adapting to higher borrowing costs and are moving forward with purchasing decisions despite economic headwinds.

Housing experts note that the increase in sales activity was supported by stable...

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June
3

I have been trying to lose weight since 2021, and if I'm completely honest, it has been one of the most challenging journeys of my life.

When I first started, I thought that if I simply ate less and exercised more, the weight would come off quickly. Like many people, I believed that hard work would automatically lead to fast results. But that hasn't been my experience.

Over the years, I have worked hard to control my calorie intake, make healthier food choices, and stay active. I walk three to four times a day for about 40 minutes each walk. I've listened to the advice that we should eat more fruits and vegetables, drink more water, and make better choices overall. I've done my best to follow those recommendations.

Yet despite all that effort, losing weight has not been easy.

There have been days when I felt frustrated because the scale didn't move. There have been times when I questioned whether all my hard work was making a difference. Watching othe...

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