Mortgage Application Payments Increased Nearly 30% Last Week as Rates Fall
The refinance share of mortgage activity increased to 59.8% of total applications from 48.8% the previous week.
In terms of the “NYS Route 17 Mobility & Access Improvements Project” it appears the first shovel in the ground on this overall possible $1-billion project will be potentially in early 2026.
Williams says uncertain outlook indicates Fed will maintain restrictive policy until inflation reaches 2% on sustained basis.
The governor is proposing a new version of the 421a tax incentive in New York City to spur housing construction, as well as increased state funding for affordable housing projects.
The projects, when completed, will involve approximately $1 billion in upgrades to Route 17 in Orange and Sullivan counties.
Kasper stated in an announcement that she refused to compromise her position and in fact reported the threat to law enforcement. NAR President-elect Kevin Sears has stepped into the role of NAR President, effective immediately.
Town Supervisor Tom Diana of Yorktown passed away suddenly on January 5 at the age of 66.
New state-of-the-art facility to replace outdated buildings in $400 million project planned by New York State Dormitory Authority.
Project to start by April 2024 to retrofit facility, build a new warehouse and redevelop an underutilized property.
From member engagement to RPAC, the event showcased HGAR's strengths, strategies and its commitment to members.
NAR sees green shoots and predicts an improving market in 2024, with four rate cuts to calm inflation and settle mortgage rates near 6%.
Although each has a unique view, all agree the residential real estate market in the Hudson Gateway Association of Realtors market area will improve in 2024.
Plan to rehabilitate SRO units would add private bathrooms where possible and ensure alignment with supportive services for vulnerable populations.
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