Inventory for all property types declined in almost all areas, except for Rockland’s condo and co-op markets, the latter with an 84.6% gain. The Bronx led the region for new listings, with a 31.9% increase.
PrimeSource, which is a leading manufacturer of proprietary brands and a distributor of premier third-party brands, will utilize the location to service New York, New Jersey, Connecticut and Pennsylvania.
Melissa Dittmann Tracey is a contributing editor for REALTOR® Magazine. Editor of Styled, Staged & Sold. She also produces “Hot or Not?" in home design that airs on NAR’s Real Estate Today radio show.
Black homeownership rates continue to lag behind those of other minority groups and white households, per NAR’s “2024 Snapshot of Race and Home Buying in America” report.
Under practice changes that will take effect Aug. 17, real estate professionals will no longer be able to communicate offers of compensation in the MLS.
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