Schick comes to this new role with more than 27 years of experience as a leader working with real estate agents.
Limited Supply Fuels Price Growth in the Greater NYC Metro Area; Pending Home Sales Higher Throughout Region
As the spring selling season approaches, the region’s home sales sector is bolstered by a noticeable increase in pending sales throughout the region.
Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
Black (26%) and Hispanic (22%) applicants experience higher denial rates for mortgage applications compared to their White (16%) and Asian (15%) counterparts,
In addition, the governor reported that two Orange County communities—the villages of Highland Falls and Montgomery—$4.5 million each from the NY Forward program.
Seven Hudson Valley Municipalities Certified as ‘Pro-Housing Communities’ Now Eligible for State Funding
Certified communities include locations in Long Island, the Mid-Hudson, Central New York, Western New York, Mohawk Valley, Southern Tier, North Country, and Capital regions.
Brokers Predict Strong Activity for Multifamily, Industrial Markets; Troubles to Continue for Office Sector in 2024
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
NAR expects to appeal the case to the court of appeals if the federal judge in Missouri does not grant NAR’s motions.
The governor is proposing a new version of the 421a tax incentive in New York City to spur housing construction, as well as increased state funding for affordable housing projects.