The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.31% from 6.30%.
New York recorded the lowest turnover rate among the top 50 metros, with only around 10 out of every 1,000 homes selling in the first nine months of the year.
The share of first-time buyers in the market has contracted by 50% since 2007—right before the Great Recession. The implications for the housing market are staggering.
Commercial real estate brokerage firm RM Friedland recently welcomed Reed Waggoner as an associate in its new office division.
Prior to joining RM Friedland, Waggoner served as a Capital Markets Associate at JLL, where he closed multiple multifamily, mixed-use, office, and office co-op assets in New York City totaling $70 million.
Smith, an Associate Broker with Rand Commercial, will be celebrated at the Ottaway Medal Dinner on Thursday, May 7, 2026, at Villa Venezia in Middletown.
The 20 NAR members selected will participate in a diverse range of educational experiences as they join a nationwide community of volunteer leaders.
Newton brings a unique blend of legal acumen and industry insight during a critical time of transformation for NAR and its members.
An award-winning agent licensed in New York and Connecticut, Caiola has closed more than $15 million in sales
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
