Latest news (Page 21)

GUEST VIEWPOINT: County Reaches Critical Juncture: Leaders Must Address Weaknesses in Infrastructure, Plan for Climate Change
Rockland faces further challenges related to environmental sustainability, such as the diminishing availability of renewable energy sources, inadequate drainage systems, flooding and groundwater quality.

Northeast Home Sales Rose 4.3% in July; Single-Family Home Price Up 8.3% Compared to Year Earlier
Existing-home sales in the Northeast in July climbed 4.3% from June to an annual rate of 490,000, an increase of 2.1% from July 2023.

The Pulse of the Market: Where is the Housing Market Headed?
“We should have more inventory. There absolutely should be more inventory than there is right now.”

HGAR Holds Programs for Members to ‘Understand the NAR Settlement Agreement’
The Hudson Gateway Association of Realtors has established a one-stop location for members to get the latest tools, forms and information on the NAR settlement and the practice changes dictated by the settlement reached in March of this year.

LEGISLATIVE AFFAIRS: The Emotionally Exhausting Dog Days of Summer
The Government Affairs Department at HGAR will be facilitating the first ever New York City Lobby Day on Oct. 23rd. In collaboration with the Long Island Board of Realtors, both organizations will be converging on City Hall to speak to our City Council members about our issues.

Wright Named Permanent CEO of the National Association of Realtors
Since November 2023, Wright shepherded the association in early 2024 through negotiations that led to a $418-million settlement to resolve claims brought on behalf of home sellers related to broker commissions

Nykia Wright: NAR Is Listening, Evolving with Members
When we’re talking about what our challenges are in the industry—there’s inventory, there’s insurance and there’s inflation. Those are things that we do not have control over, but those are things we continue to educate people on.”

Practice Changes Take Effect Saturday
The listing broker or the seller may offer compensation to the buyer’s agent, but there are limitations to how that offer can be marketed—i.e., brokers can no longer communicate offers of compensation on an MLS.

Hudson Gateway Realtor Foundation Donates More Than $57,000 to 32 Hudson Valley Charities in First Half of 2024
“We are grateful to our many Realtor and Affiliate members who contribute their time, money and energy to the HG Realtor Foundation to make all this possible.”

RPAC Honor Roll: July 2024
Thank you to the following Members who are leading the way in the 2024 RPAC campaign

Realtor.com Predicts Inventory to Increase 14.5% in 2024; Home Prices to Rise 4.6%
Realtor.com has seen substantial improvement in inventory in the first half of 2024, climbing by more than 35% on a year-over-year basis.

Nearly 90% of Metro Areas Registered Home Price Gains in Second Quarter of 2024; NY Metro Region Among Top Markets for Price Increases
Two market areas that make up the New York metro region—New York-Jersey City-White Plains, NY-NJ (No. 7) and Dutchess County-Putnam County, NY (No. 9)—ranked among the top 10 metro areas for price increases in the second quarter.