Latest news (Page 25)

Out Migration Has a Heavy Cost for NY State and Hudson Valley
Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.

GUEST VIEWPOINT: Suburban Communities Are at Breaking Point: ‘Press Conference Fear’ Hides Underlying Causes of Housing Crisis
Elected officials, seeking to appease vocal constituents, frequently uphold restrictive zoning laws that favor single-family residences over more diverse housing options.

Rockland County Warns Residents of Crooked Home Improvement Contractors
In 2023, the Rockland County Office of Consumer Protection investigated 617 complaints and returned $66,000 to homeowners.

NAR: 26% of Realtors Surveyed Say Lack of Inventory, Housing Affordability Prevented Clients from Buying Homes in 2023
“2023 was a difficult year for Realtors due to high mortgage rates and low housing inventory, which significantly impacted home sales volume,”

$48-Million Yonkers Affordable Project Opens
Located at 23 Mulberry St. in the Hollow neighborhood of South Yonkers, the $48 million, four-story building has 60 energy-efficient, affordable apartments for seniors.

Gateway Tunnel Project Secures Final $6.88 Billion in Fed Funding
“Today marks a significant milestone on the path to ensuring the success of our nation’s most vital infrastructure project,” said New Jersey Gov. Phil Murphy.

Westchester Rent Guidelines Board Approves 2.5% Rent Hike
The diminishing property values have restricted property owners' access to loans for essential upkeep, renovations, and maintenance, leading to a rapid deterioration of rent-stabilized buildings in the coming years.

New York State Gaming Facility Location Board Revises Downstate Casino Timeline
The board expects to make decisions by Dec. 1, 2025, followed by commission licensure by Dec. 31, 2025.

PRESIDENT'S CORNER: Juneteenth is a Stark Reminder of Our Past and a Call to Action for Change
These systematic barriers hindered the accumulation of wealth for African Americans for decades; this hindrance deprived many black families of the opportunity to pass down property and assets to future generations, thereby perpetuating economic disparities.

NAR: Northeast Pending Sales Rose Slightly in May
The Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—decreased to 70.8 in May. Year-over-year, pending transactions were down 6.6%.

HGAR Recognizes Rockland County with Program Featuring Political, Business Leaders and Association Update
The program offered the latest home sales data and trends for Rockland County, updates on the NAR Commission settlement, and perspectives on topical business and political issues.
