HGAR: Pending Sales Point to Buyer Momentum in April, Despite Lingering Inventory Challenges in NY Metro Region
Across several counties, April brought a surge of new interest, particularly in the Bronx, Rockland, and Putnam counties
Developer AMS Acquisitions received preliminary approval of financial incentives totaling approximately $11.6 million in sales and mortgage tax exemptions for a multi-phase $306.7-million, mixed-use development.
The New York metro region’s median listing price of $789,000 in May 2024 was 34% higher than in May 2019.
“The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market,” said Lawrence Yun.
The Mid-Hudson Momentum Fund is focused on mixed-use housing and essential infrastructure projects that directly support housing growth in the Mid-Hudson Region.
The Anne Freyvogel Hanna Legacy Award is named after Anne F. Hanna, who co-founded Howard Hanna Real Estate Services with Howard Hanna Jr. in 1957.
New York Gov. Kathy Hochul announced on May 28 that federal assistance is available to New Yorkers in Ontario, Orange, and contiguous counties who were impacted by last year’s early July flood event.
The City of Port Jervis was named the Mid-Hudson region winner of the sixth round of the Downtown Revitalization Initiative in 2023.
Real estate coach Brian Buffini provided practical advice on how agents can thrive in challenging conditions and use change as a lever for growth, drawing on his extensive experience in training over three million professionals in 37 countries.
Swarthout is one of 111 leaders across the United States, and the third in New York State, who have devoted their careers to the land title industry and earned their designation.
NAR had several topics it wanted HGAR and the rest of the Realtor community on the Hill that day to hammer home.
Winstead is a real estate associate broker, now with ERA Insite’s White Plains office, and licensed since 2015. A Bronx native, she earned a BA in Political Science from Syracuse University and a JD from New York Law School.
Orange County Executive Steve Neuhaus delivered the opening address, outlining forthcoming commercial projects essential for the growth and development of Orange County.
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