NAR, Realtor.com. Builders, Mortgage Bankers Economists Expect Home Sales, Rates Will Improve in 2025
Yun noted that a key trend going forward is that for-sale inventory has been increasing of late and is expected to continue next year.
Despite representing different parties, Latimer and Lawler share a bipartisan focus on housing policy solutions. Both have expressed support for raising the cap on the State and Local Tax (SALT) deduction.
The Government Affairs Department at HGAR will be facilitating the first ever New York City Lobby Day on Oct. 23rd. In collaboration with the Long Island Board of Realtors, both organizations will be converging on City Hall to speak to our City Council members about our issues.
A significant portion of our end-of-session efforts was focused on opposing legislative proposals that would have negatively impacted New York’s real estate sector.
NAR had several topics it wanted HGAR and the rest of the Realtor community on the Hill that day to hammer home.
In the weeks leading up to heavy negotiations in Albany, HGAR personally educated more than two dozen elected officials on Good Cause Eviction and the most problematic aspects of valuing tenant protection over property rights.
HGAR supports legislation that adds affordable rent-stabilized apartments to the rental housing stock that are safe, lead-free, energy efficient, and fully compliant with building codes.
Studies have shown that the construction of 100 units of multifamily housing generates an average of 161 jobs and $11.7 million into the local economy in the first year.
Last year, more than 110 HGAR members attended Lobby Day, which represented one-third of the total turnout of the entire New York State Association of Realtors in Albany. With two busloads of Realtors, HGAR came out in force and that effort was recognized.
This year, we defeated Good Cause Eviction again and lifted the ban of solicitous phone calls — both highlights for HGAR's advocacy efforts and big wins for members.
Each County Day includes a Government Power Hour. This one was particularly substantive, and provided insights into the inner workings of Albany.
I don’t know about you, but it seems like I have heard the phrase “once in a lifetime storm”
The “zombies” of issues left to be decided are poised to walk the halls again this coming legislative year. With
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