At its Mid-Year Meeting, NAR also officially rescinded its “Non-Commingling Rule,” which was an optional policy that permitted Multiple Listing Services to limit display of listings online.
New listings for single-family homes increased by 3.8% compared to last May, with 5,801 homes hitting the market in May alone.
The Realtor delegation representing every state and territory rallied around several core issues that require Congressional action. These priorities were: expanding housing opportunity, protecting the Realtor business model and supporting homeownership for all Americans.
The HPD and HDC closed on financing for the creation of an all-time record-breaking 14,227 new affordable homes—51% of which benefited from the now-expired 421-a affordable housing tax incentive program.
Pursuant to the merger agreement, which was approved by the boards of directors of HVCU, Catskill Hudson and Catskill Hudson Bank, Catskill Hudson stockholders will receive $40.50 in cash for each share of Catskill Hudson common stock.
Housing costs in New York City and the surrounding suburbs have grown more than 68% over the last decade, the largest increase among selected major metropolitan areas in the U.S.
Sears says he is committed to NAR’s work to advocate for the real estate industry. He has played a critical role in driving member advocacy efforts through RPAC.
NAR expects to appeal the case to the court of appeals if the federal judge in Missouri does not grant NAR’s motions.
New York’s overall Index of Consumer Sentiment is 4.4 points above the national index of 69.7, despite a 1.6-point national increase.
The Orange County Partnership attends the SEMI Industry Strategy Symposium in Half Moon Bay, CA to promote Orange County as "the bridge" between New York City and Albany, and a shovel-ready market with sites ready for major semiconductor manufacturing investment.
Leasing activity totaling 6.38 million square feet in the fourth quarter was 20% ahead of the five-year quarterly average of 5.34 million square feet.
Thank you to everyone who is leading the way in the 2023 RPAC campaign.
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