Coronavirus
NAR Survey: Half of Realtors Say Buyer Interest Has Decreased Due to the Coronavirus Outbreak
WASHINGTON—Nearly half of Realtors—48%—said home buyer interest had decreased due to the coronavirus outbreak, according to a
NAR Helps Secure Key Provisions in Coronavirus Bill for Realtors
WASHINGTON—The U.S. Senate unanimously passed a $2-trillion COVID-19 compromise economic relief package on March 25. The bill now
NYSAR Says Closings Can Occur Under Certain Circumstances
ALBANY—The New York State Association of Realtors posted online the latest guidance regarding the regulations impacting the real estate
State Requires Regulated Banks to Grant 90-Day Reprieve on Residential Mortgage Payments
ALBANY—The New York State Department of Financial Services announced on March 24 the issuance of an emergency regulation requiring
RXR Realty Commits $1 Million To Support COVID-19 Relief
NEW YORK—RXR Realty announced on March 20 it was contributing $1 million to support organizations and New Rochelle residents
Gov. Cuomo Puts State’s Real Estate Industry ‘On Pause’ To Prevent Further Spread of Coronavirus Pandemic
WHITE PLAINS—The real estate industry, except for those undertaking limited virtual business, was all but shut down by New
State Comptroller Pegs Coronavirus Impact Between $4 Billion to More Than $7 Billion
ALBANY—New York State Comptroller Thomas P. DiNapoli issued a revised revenue projection for the 2020-2021 state budget that estimates
Coronavirus Pandemic Cause Mortgage Applications to Fall 8.4%
WASHINGTON—Mortgage applications decreased 8.4% during the week ending March 13 from one week earlier, according to data from
GATEWAY PERSPECTIVES: When Life Throws You Lemons
At the beginning of last week, the week of March 9th, I realized that the COVID 19 virus was going
PRESIDENT'S CORNER: The Boulder in the Road
In June 2019, on Highway 145 near Dolores, CO, an 8.5-million-pound boulder, along with another 2.5-million-pound rock, rolled
Evolving Coronavirus Crisis Will Impact CRE, Lending Markets
WHITE PLAINS—As governments across the globe deal with the spread of the Novel Coronavirus—or COVID-19—the crisis hit