Ready to Navigate This Market?
Asad M Butt — NYS Licensed Realtor #10401361634 — serves buyers and sellers throughout Albany, Latham, Colonie, Guilderland, Troy & Schenectady. Bilingual in Hindi, Urdu, Punjabi & Pashto.
Current mortgage rates and housing market data for Albany, Latham, Colonie & the Capital Region — updated every Monday.
Source: Freddie Mac Primary Mortgage Market Survey — national averages. Your rate will vary based on credit, down payment, and lender.
Rates shown are national weekly averages. Use our calculator to estimate your payment, or contact Asad to get connected with a local lender.
Key metrics for the Capital Region housing market — Albany, Latham, Colonie, Guilderland & surrounding areas.
With — months of inventory and homes selling at —% of list price in ~— days, the Capital Region remains highly competitive for buyers. Seller negotiating power is strong but moderating slightly from the 2024 peak.
View current active listings and recently pending homes in the Capital Region on Zillow and Realtor.com.
See a home you like? Asad Butt will schedule a private showing, run a comparable market analysis, and negotiate on your behalf — at no cost to buyers.
Schedule a ShowingOn a $342,000 home with 10% down ($307,800 financed), your estimated principal & interest payment is $2,016/mo.
Rates have trended down modestly from the 2023-2024 peak (~7.8%). Economists project gradual improvement if inflation continues to cool. Locking in now vs. waiting is a personal risk decision.
Albany County's median home price ($342K) is 60-70% lower than NYC metro, making it one of the most affordable large-metro areas in the Northeast.
Asad M Butt — NYS Licensed Realtor #10401361634 — serves buyers and sellers throughout Albany, Latham, Colonie, Guilderland, Troy & Schenectady. Bilingual in Hindi, Urdu, Punjabi & Pashto.