The SALT deduction cap is quadrupled from $10,000 to $40,000 for households earning under $500,000. However, the bill does not eliminate the marriage penalty.
In April, existing-home sales in the Northeast fell 2.0% from March to an annual rate of 480,000, identical to April 2024.
Across several counties, April brought a surge of new interest, particularly in the Bronx, Rockland, and Putnam counties
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.
In a third transaction, an existing 76-unit development completed about six years ago has a new owner.
In the first quarter, the Northeast performed best in both sales and price gains by percentage.
Now is the moment for Clarkstown to lead. The town can and must take an active role in facilitating the rebirth of this site.
The Federal Reserve Board stressed that it will continue to press forward on its goal of bringing the inflation rate back to 2%.
Nguyen is a local Realtor with more than 20 years of experience.
After that detailed and thorough consultation, we reached an outcome that promotes individual choice, while also reinforcing a system of openness for all.
The most commonly staged rooms by home sellers’ real estate agents were the living room (91%), primary bedroom (83%) and dining room (69%).
The project, which will cost an estimated $750 million, will be financed through a combination of a $500-million Dormitory Authority of the State of New York bond, philanthropy and equity from operating expenses.
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