“Home sales have struggled to gain traction, but prices continue to rise, contributing to record-high housing wealth,” said NAR Chief Economist Lawrence Yun.
The rally underscored our industry’s leadership in advancing housing policy and demonstrated the collective strength of Realtors when we unite around a common cause.
Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures.
The latest drop, the second month-over-month decline since March, reflects the market's normal cooling heading into fall.
The 16-story development that is estimated to cost more than $116 million to complete will include a variety of apartments.
The plan is expected to generate 7,000 new jobs and create more than 2 million square feet of new commercial and community facility spaces.
Housing has long been identified as one of the most pressing issues facing residents in Dutchess County.
Smith, an Associate Broker with Rand Commercial, will be celebrated at the Ottaway Medal Dinner on Thursday, May 7, 2026, at Villa Venezia in Middletown.
Like the autumn leaves, consumer sentiment is falling across New York and the nation as persistent economic headwinds have consumers feeling the pressure coming out of the summer season.
Cash buyers have long been a fixture in the market, but their influence is more pronounced today than in pre-pandemic years.
HUD has a contingency plan that keeps many housing programs alive, though often in a reduced capacity, while others face serious disruption.
Lower mortgage rates are enabling more homebuyers to go under contract.
The average 30-year fixed-rate mortgage in August was 6.59%, according to Freddie Mac, down from 6.72% in July and 6.50% one year ago.
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