Twenty-five percent of NAR members cited housing affordability as the biggest hurdle for potential homebuyers—topping the long-standing concerns about inventory and property availability.
HGAR’s Hawkins-Syska told the gathering that the raising of the SALT Cap to $40,000 “is a big win for our communities.
This deepening crisis means that without interventions aimed at significantly ramping up affordable housing supply, the city's affordability gap could linger for generations.
Twenty-five percent of NAR members cited housing affordability as the biggest hurdle for potential homebuyers—topping the long-standing concerns about inventory and property availability.
This deepening crisis means that without interventions aimed at significantly ramping up affordable housing supply, the city's affordability gap could linger for generations.
The redevelopment will complement the City of Beacon’s efforts to foster greater connectivity between the waterfront, Beacon Station and Main Street.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) decreased to 6.83% from 6.84%.
Pending sales in the Northeast increased incrementally even though home price growth in the region has been the strongest in the country.
The court also ruled that New York’s prohibition on the installation of fossil-fuel equipment does not concern the “energy use” of covered products as defined by EPCA and is therefore not preempted.
Market dynamics continue to reflect high competition at the entry level and slower movement in the luxury tier.
Closed sales for all properties edged down 6.0% year-over-year to 3,972 transactions, with single-family home closings down 4.6%.
More supply is needed to increase the share of first-time homebuyers in the coming years even though some markets appear to have a temporary oversupply at the moment.
Thank you to the following Members who are leading the way in the 2025 RPAC campaign
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