Due to stubbornly high mortgage rates, a greater share of international home buyers paid cash—47% compared to 28% among all buyers.
Another important provision in the OBBBA raises the SALT deduction cap from $10,000 to $40,000 for taxpayers earning less than $500,000, effective from 2025 to 2029, before reverting to $10,000 thereafter.
Leasing activity surged this quarter to over 360,000 square feet, a 45% increase from the first quarter of this year, with renewals representing 57% of executed transactions.
The One Big Beautiful Bill Act includes multiple NAR-championed provisions designed to support homeownership, drive investment in housing supply, and strengthen the real estate economy.
The median price of a single-family home in Westchester rose to $999,000 in May, up 2% from a year ago, underscoring just how resilient demand remains.
There are some exciting opportunities and we are seeing these projects come across our desks in a way that we have never seen before. So, we are getting the at-bats and we are taking a swing.
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Due to stubbornly high mortgage rates, a greater share of international home buyers paid cash—47% compared to 28% among all buyers.
Another important provision in the OBBBA raises the SALT deduction cap from $10,000 to $40,000 for taxpayers earning less than $500,000, effective from 2025 to 2029, before reverting to $10,000 thereafter.
Leasing activity surged this quarter to over 360,000 square feet, a 45% increase from the first quarter of this year, with renewals representing 57% of executed transactions.
Real estate does not thrive in uncertainty. It thrives in predictability. Buyers want to know what the future holds for taxes, schools, infrastructure, interest rates and public safety.
The report noted that in Westchester County, the luxury segment remains particularly strong, with significant buyer activity in the $2-million-and-above category.
The book launch will kick off with a celebration at the historic Nyack Bath House on Friday, July 11, followed by a multi-city East Coast book tour.
With the support of our dedicated volunteer leaders and staff professionals, we’ve implemented strategic, thoughtful changes designed to eliminate waste, reduce redundancy and strengthen every facet of our association.
Another important provision in the OBBBA raises the SALT deduction cap from $10,000 to $40,000 for taxpayers earning less than $500,000, effective from 2025 to 2029, before reverting to $10,000 thereafter.
Legislative decisions at every level of government impact how we do business, safeguard private property rights, and help our clients achieve the dream of homeownership.
With the full legislature and governor facing re-election in 2026, HGAR and NYSAR are already preparing for what could be a watershed year for housing policy.
The NYC Rent Guidelines Board voted to approve rent increases of 3% for one-year leases and 4.5% for two-year leases on rent-stabilized apartments.
Due to stubbornly high mortgage rates, a greater share of international home buyers paid cash—47% compared to 28% among all buyers.
Leasing activity surged this quarter to over 360,000 square feet, a 45% increase from the first quarter of this year, with renewals representing 57% of executed transactions.
The report noted that in Westchester County, the luxury segment remains particularly strong, with significant buyer activity in the $2-million-and-above category.
Year-over-year, contract signings rose in the Midwest and South, while they fell in the Northeast and West.
Due to stubbornly high mortgage rates, a greater share of international home buyers paid cash—47% compared to 28% among all buyers.
Another important provision in the OBBBA raises the SALT deduction cap from $10,000 to $40,000 for taxpayers earning less than $500,000, effective from 2025 to 2029, before reverting to $10,000 thereafter.
Leasing activity surged this quarter to over 360,000 square feet, a 45% increase from the first quarter of this year, with renewals representing 57% of executed transactions.
The report noted that in Westchester County, the luxury segment remains particularly strong, with significant buyer activity in the $2-million-and-above category.
Real estate does not thrive in uncertainty. It thrives in predictability. Buyers want to know what the future holds for taxes, schools, infrastructure, interest rates and public safety.
With the support of our dedicated volunteer leaders and staff professionals, we’ve implemented strategic, thoughtful changes designed to eliminate waste, reduce redundancy and strengthen every facet of our association.
While many potential buyers believe they need a down payment of 20% for their first home purchase, the typical down payment for first-time buyers has ranged from 6% to 9%, dating back to 2018.
The Realtor delegation representing every state and territory rallied around several core issues that require Congressional action. These priorities were: expanding housing opportunity, protecting the Realtor business model and supporting homeownership for all Americans.
The book launch will kick off with a celebration at the historic Nyack Bath House on Friday, July 11, followed by a multi-city East Coast book tour.
Indelicato joins the City of Yonkers with over 30 years of experience as an attorney and city planner for several Westchester County municipalities.
He has been honored with the Five Star Real Estate Agent Award for 16 consecutive years.
Each speaker shared valuable perspectives on regional economic development, market dynamics, and strategic growth initiatives across the Hudson Valley.
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