Latest news (Page 26)


Gov. Hochul Puts Insurers on Notice Not to Discriminate Based on Source of Income, Affordable Units in Dwelling
The Department of Financial Services sent a “Circular Letter” on Monday to all insurers advising them of the prohibitions.

Rochester Firm Selected to Redevelop Downstate Correctional in Fishkill
Downstate Correctional Facility was a maximum-security prison until its closure in 2022.

May Median Single-Family Home Sales Prices Rose by Double Digits in Almost All Regions
Only Westchester saw a slight increase in closed sales for single-family homes, with a 4.6% gain.

U.S. Median Home Sales Price Hit New Record in May; Northeast Sales Flat, Median Price Up 9.2%
Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—retreated 0.7% from April.

Realtors Rally in NYC in Opposition Against Bill Prohibiting Agents from Collecting Broker’s Fees from Apartment Renters
Prohibiting this common practice of collecting a broker fee will reduce the use of real estate professionals in rentals, harming both Realtors and tenants.

Seven Realtor Associations Host 3rd Annual DEI Summit in Newark
The goal of the Summit was to build curiosity while exploring the understanding of diversity, equity, and inclusion within personal and professional careers.

‘3by30’ Housing Goal: Making Progress, But Still More Work to Do
Black homeownership rates continue to lag behind those of other minority groups and white households, per NAR’s “2024 Snapshot of Race and Home Buying in America” report.
SPOTLIGHT ON: Donna Bruno
Today, she is affiliated with Coldwell Banker in Katonah as an Associate Broker and is an Independent Certified Coach.

LEGISLATIVE AFFAIRS: It’s Not the Beginning of the End, but the End of the Beginning
A significant portion of our end-of-session efforts was focused on opposing legislative proposals that would have negatively impacted New York’s real estate sector.

Today is the Deadline for Brokerages, MLSs to Opt-in to NAR Broker Commission Settlement
Eligible brokerages must have a Principal who is a member of NAR as of the date of class notice in order to opt in or be released.