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New York home sales plunge nearly 25 percent in July

ALBANY, N.Y. — New York realtors sold 9,381 previously owned homes in July, down 24.9 percent from the 12,487 existing homes sold in July 2022. Pending sales also fell almost 11 percent, foreshadowing further declines in closed home sales in the next couple months. The data comes from the July monthly housing report that the

CNY regional job growth was mixed in the last year

3 regions added jobs, while 3 lost them Half the Central New York regions gained jobs in the past year while the other half shed positions, according to a recent state-government report. The Syracuse, Binghamton, and Ithaca areas gained jobs between July 2022 and this past July. At the same time, the Utica–Rome, Watertown–Fort Drum,

Five Star Bank parent company to pay Q3 dividend of 30 cents a share in early October

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the third-quarter dividend on Oct. 2, to shareholders of record on Sept. 14. At Financial Institutions’

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