NAR Chief Economist Lawrence Yun expects four to six rate cuts will be approved by the Fed going forward.
Chief among the reform measures included in the budget was disincentivizing institutional investors from buying up one- and two-family homes.
This draft language preserves or strengthens a raft of provisions vital to housing affordability.
HGAR gathered at a recent fundraisers in the Bronx to meet with New York City Democratic mayoral candidate Eric Adams. From left: Anthony Domathoti, HGAR President-elect; Eliezer Rodriguez, HGAR Director of Advocacy, Commercial & Legislative Issues for Bronx & Manhattan; Eric Adams, Brooklyn Borough President; David Legaz, NYSAR President; Crystal Hawkins-Syska, HGAR President and Miguel Rodriguez.
The legislative priorities of HGAR and NYSAR were focused on assisting first-time homebuyers with rising housing costs, helping alleviate the severe housing shortage in New York State, and addressing escalating insurance costs.
The Make-A-Wish donation will be presented at the Foundation’s May 15 “Dancing for the Foundation” event at the Glen Island Harbour Club in New Rochelle.
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