NAR remains committed to advocating for provisions that expand opportunity, support homeownership, strengthen communities nationwide, and put the American dream within reach for more families.
The office buildings were all built in the 1970s and early 1980s and are currently approximately 50% vacant.
The report warns that if Westchester fails to address its growing housing shortfall, the county could lose between 8,400 to 12,000 jobs annually and $533 million to $742 million in annual earnings.
Across several counties, April brought a surge of new interest, particularly in the Bronx, Rockland, and Putnam counties
Chief among the reform measures included in the budget was disincentivizing institutional investors from buying up one- and two-family homes.
After that detailed and thorough consultation, we reached an outcome that promotes individual choice, while also reinforcing a system of openness for all.
Expatsi, an international research and tour group dedicated to helping people find affordable global living destinations, recently compiled a list of 10 countries where one could easily retire on just $2,000 a month.
The legislative priorities of HGAR and NYSAR were focused on assisting first-time homebuyers with rising housing costs, helping alleviate the severe housing shortage in New York State, and addressing escalating insurance costs.
Median sales prices of single-family homes throughout the Bronx and lower Hudson Valley all saw gains, with Sullivan County at an 18.3% hike from last year’s $299,998 to $335,000.
Westchester County consistently leads the market with the highest median sale prices, peaking at $1,031,500 in June 2024 before settling at $860,000 in March 2025.
The policy introduces a new category of exempt listings called “delayed marketing exempt listings.”
“My computer model is indicating that (for) home sales, the worst is over. The worst in inventory is over. I think the recession probability is still slim,” Yun said.
Reviewing February’s closed sales of single-family homes, only Rockland County and The Bronx saw gains of 7.1% and 4.2%, respectively.
OneKey MLS has emerged as the go-to-location for essential data on the New York metro area and is an indispensable resource for real estate professionals and consumers across the region it serves.
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