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NYS Budget Agreement Includes Some Popular and Controversial New Housing Policies
The budget includes a host of measures to enhance housing development and tenant protections in New York City, including the new 485-x tax incentive.
HGAR Report: Demand for Homes in the Bronx, Hudson Valley Remained High in March; Sales and Inventory Still Below Normal as Prices Rose in all Regions
Today’s report by the Hudson Gateway Association of Realtors, based on data supplied by OneKey MLS, also indicates inventory levels declined among all property types in all regions.
Governor, Legislators Reach Agreement on Framework of Budget Deal
While specifics of the housing-related legislation were not released, City & State New York reports that sources indicate some carve-outs of the Good Cause Eviction proposal have angered tenant groups, while other provisions included have drawn the ire of landlords.
HGAR Stages Informational Session on $418-Million NAR Broker Lawsuit Settlement
NAR’s Troiani told the attendees that the association is trying to clear up misconceptions reported by some media outlets in connection with the settlement.
Hudson Gateway Association of Realtors Signs Five Additional Global Real Estate Partnerships; HGAR’s Global Network Expands to 19 Partners
These new alliances will provide resources, visibility, and connections for HGAR’s international partners while creating new business opportunities for HGAR members.
More Than 100 HGAR Members Traveled to Albany to Meet with Hudson Valley, NYC State Lawmakers
Approximately 110 HGAR members participated in the New York State Association of Realtors’ Annual Lobby Day program on March 27
The Truth About the NAR Settlement Agreement
The settlement achieves two important goals: protecting members to the greatest extent possible and preserving consumer choice.
Bronx, Hudson Valley Home Prices Continue to Soar; Pending Sales Increased 8.4% in HGAR Market Area
Westchester County experienced a slight increase in home sales by just 1.7% in February, along with an almost 14% increase in home prices, with a median of $831,250.
NAR Claps Back on 6% Commission Requirement Reports, Corrects the Record by Stating NAR Does Not Set Commissions
The listing broker retains the right to determine the amount of compensation offered to subagents, buyer agents, or to brokers acting in other agency or nonagency capacities, which may be the same or different.”
BREAKING NEWS: NAR Reaches $418-Million Agreement to Settle Most Broker-Commission Cases; Agrees to Commission Rule Changes
In addition to the financial payment, NAR has agreed to put in place a new MLS rule prohibiting offers of broker compensation on the MLS.
NAR’s Yun Predicts Four to Six Rate Cuts in Next Two Years; Continued Troubles for Office Market
A key data point will be the CPI reaching its 2% target. The latest CPI number for February was 3.1%.
Living Healthy in a Hectic Industry
According to the Centers for Disease Control, every year more than 805,000 people in the U.S. suffer a heart attack, and in 2021 alone, some 695,000 died from heart attacks.