Latest news (Page 20)
NAR Releases Consumer Guides for Open Houses, Written Agreements and Realtors’ Duty to Put Client Interests Above Their Own
As of Aug. 17, 2024, many real estate professionals nationwide will be asking buyers to enter into a written agreement prior to touring a home.
NYC Opens 24 New School Buildings Ahead of 2024-2025 School Year
This marks the most new K-12 seats opened by the SCA since 2003.
DOS Issues Opinion on Dual Agency Based on Request from NYSAR
The opinion permits Dual Agency or Dual Agency with Designated Sales Agents if the seller has agreed to Advanced Informed Consent to Dual Agency and/or Advanced Informed Consent to Dual Agency with Designated Sales Agents by indicating the same and signing the agency disclosure form.
2024 Political Rallying Cry: ‘It’s the Housing, Stupid’
68% of Americans believe the federal government should do more to expand affordable housing and rental options, and 58% will consider a candidate’s housing plan when voting in the presidential election.
NAR: ‘A Sales Recovery Did Not Occur in Midsummer;’ U.S. Pending Sales in July Were the Lowest on Record
The Northeast PHSI waned 1.4% from last month to 64.6, an increase of 2.4% from July 2023.
NYS Division of Human Rights Files Fair Housing Discrimination Suit Based on WRO Probe
The fair housing complaint stems from a WRO investigation and subsequent complaint filed with DHR in 2021.
Kingston Lowe’s and Sam’s Club Trade for $36.5 Million
Lowe’s and Sam’s Club are situated within the larger Hudson Valley Plaza, a 673,000-square-foot regional power center, anchored by complementary retailers such as Walmart and PetSmart, among others.
$650-Million AVE Hamilton Green Holds Topping Off Ceremony in Downtown White Plains
In total, the project will entail four mixed-income, multifamily buildings totaling 860 rental units, including 78 on-site affordable units, along with accessible open space.
New York Regional Single-Family Home Price Increases by 8.9% in July 2024
When looking at transaction volumes, closed sales for single-family homes and condominiums were both up compared to last year, while co-op sales saw a decline.
Single-Family Home Sales Up in Almost All Lower Hudson Valley; Putnam County Sales Rose 44%; Median Sales Price Increased in All Regions
“Home sales are increasing throughout our region as a result of more properties being listed for sale, reflecting the strong demand that currently exists in the Hudson Valley,” said HGAR CEO Lynda Fernandez.
LEGAL CORNER: New Real Property Law Section 424: Transfer on Death Deeds in New York
The TOD deed is non-testamentary, which means that the interest in the real property transfers automatically to the designated beneficiary named in the TOD deed by operation of law and no probate or administration proceeding is required.
