Latest news


NAR Chief Economist Tells HGAR Gathering That Multiple Rate Cuts Are on the Horizon
In terms of existing home sales, NAR now expects a 3% increase in 2025 as compared to 2025, while it anticipates a 14% jump in existing sales in 2026 as compared to this year.


RPAC Luncheon Highlighted Need for Advocacy, Leadership and Action at HGAR Impact Conference
Mayor Patterson-Howard’s vision for Mount Vernon and beyond aligns closely with HGAR’s mission—to advocate for strong, vibrant communities where opportunity and homeownership are within reach for all.

NAR: What a Government Shutdown Means for Realtors
HUD has a contingency plan that keeps many housing programs alive, though often in a reduced capacity, while others face serious disruption.

GUEST VIEWPOINT: NAR President: ‘As Realtors, it’s Critical to Remember Who We Serve’
Our industry represents one-fifth of US GDP. It drives economic growth and enables millions of Americans to build intergenerational wealth. However, too many in the industry think they are the economic engine and wealth creator—they aren’t.

Four Proposals, Including MGM Empire City in Yonkers, Vie for Up to Three Full Downstate Casino Licenses
The $8-billion Metropolitan Park casino project to be developed adjacent to Citi Field in Queens by billionaire New York Mets owner Steve Cohen advanced today thanks to a unanimous 6-0 vote by its CAC.

U.S. Pending Home Sales Rose Nearly 4% in August While Northeast Pending Deals Fell Slightly
Lower mortgage rates are enabling more homebuyers to go under contract.

Now There are Two: CAC Approves $5.5 Billion Resorts World New York City Project in Queens
The Resorts World New York City proposal features a 5.6 million-square-foot integrated resort that will allow for 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms, a 7,000-seat arena, over 7,000 parking spaces and over 30 food and beverage outlets.

GUEST VIEWPOINT: Breathing New Life into Downtowns: Converting Offices into Residential Spaces
When a building sits empty, it not only blights the landscape but also erodes a community’s tax base.

Existing-Home Sales Fell 0.2%; New Home Sales Soared Nearly 21% in August
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.

BREAKING NEWS: MGM Empire City Casino Project Secures Needed CAC Approval
With the 5-0 CAC affirmative vote, the Yonkers project now advances for full consideration with the New York State Gaming Location Board.