Trends in sales of existing homes clearly favored buyers in March as median prices declined across the Lower Hudson Valley. Year-over-year price declines were most severe in Westchester and Putnam counties, while Rockland prices turned negative again after producing year-over-year gains in February. Sales were also down in all three counties, according to numbers released [...]

Year-over-year sales of existing homes rose in 15 of 58 counties reporting results to the New York State Association of Realtors for December after being up in just four counties in November. Median sales prices, however, were up in 16 counties in December, after being up in 23 counties in November. In the Lower Hudson [...]

Sales of existing homes continued to compare unfavorably year-over-year in August across New York state. In the Lower Hudson Valley, sales were down by double-digits, though the median sales price rose in Putnam County, according to data provided today by the New York State Association of Realtors. Putnam’s median price increased 2.6 percent to $418,000 [...]

Sales of existing homes continued to compare unfavorably year-over-year in August across New York state. In the Lower Hudson Valley, sales were down by double-digits, though the median sales price rose in Putnam County, according to data provided today by the New York State Association of Realtors. Read more and search database…

Median prices and sales of existing homes were mostly down again in July from a year earlier across New York state, but the rate of decline was improved over June. In the Lower Hudson Valley, the median sales price was unchanged at $730,000 in Westchester County despite an 18 percent decline in sales over July [...]

Median prices of existing homes declined by double-digits in June as sales plunged across the Lower Hudson Valley from a year earlier. The regional downturn in Westchester, Rockland and Putnam counties was worse than the decline in New York state overall. The median sales price statewide was down 10.6 percent to $219,000 from $245,000 in [...]

Sales and median prices of existing homes continued to show weakness year-over-year in May across most of New York state. Sales were down in 41 counties and up in 16 and unchanged in one among 58 counties that have Multiple Listing Services reporting to the state association of Realtors. Median sales prices also declined, pushing [...]

The effects of the downturn in real estate markets nationwide reached the Lower Hudson Valley with a vengeance in February as sales of existing homes plunged in both Rockland and Westchester counties.  Rockland’s sales were down 38.6 percent as the median sales price declined 10.7 percent to $436,500 from $489,000. Sales in Westchester dropped 22.1 percent as [...]

Existing home sales fell across the Lower Hudson Valley and most of New York in November, putting more pressure on sellers to lower prices. Steep sales declines of 22.2 percent in Putnam and 20.7 percent in Rockland coincided with decreases in median sales prices in both counties. Putnam’s median fell 2.7 percent to $403,950 in [...]

IBM Corp. has boosted its quarterly dividend 33 percent to 40 cents and expanded its share-buyback program by $15 billion. Both actions, announced this morning from Knoxville, Tenn., where IBM’s holdings its annual shareholders’ meeting, will increase the company’s earnings per share by 12 percent to 14 percent, the company estimated. The predicted gains exclude [...]

The Journal News business staff is culling through its stories from 2006 for our annual look at the top local business stories of the year. Want to help? Nominate the stories you remember and tell us why it belongs on our list. We’re closing out the nominations Wednesday evening, Dec. 13. Go to our forums [...]

Armonk-based IBM Corp. has agreed to acquire Vallent Corp., a supplier of network performance monitoring and service management software. Vallent, based in Bellevue, Wash., caters to wireless service providers and has more than 200 customers worldwide. The privately held company has 400 employees. Terms of the deal, announced this morning by IBM, were not disclosed. [...]

Payments received in connection with its partnership with Wyeth helped lift revenues by more than 500 percent at Progenics Pharmaceuticals Inc. in the third quarter. Progenics, a drug-development company based in Greenburgh, reported this morning that it had revenues of $17.8 million in the quarter, up from $2.77 million a year earlier. The company had [...]

Rising interest rates contributed to a decline in third-quarter earnings at USB Holding Co. Inc., the parent company of Union State Bank. USB, based in Orangeburg, said its net income fell 3.4 percent to $8.15 million from $8.43 million in last year’s third quarter, largely because of a decrease in net interest income. The bank [...]