U.S. Pending Home Sales Rose 2.2% in November, Northeast Pending Sales Fell 1.3% From October
The Midwest, South and West experienced month-over-month gains in transactions, while the Northeast decreased.
Eckert of the Orange County Partnership said that national developer interest in Orange County remains “very strong” despite the present financial market volatility.
NYPA is pursuing an “aggressive” time line that projects a definitive development agreement to be reached with Hamilton Green Partners by November 2024 and the move-in to its new corporate headquarters by June 2027.
Members Day will once again feature a trade show with 50 Exhibitors.
For the build alternative that involves the construction of a general use third lane with interchange improvements and mobility and access improvements, the total cost estimate is $1,412,500,000.
Sales of single-family homes declined in all six areas, with the Bronx experiencing the largest decline at 18.5%, followed by Rockland County with a 10.6% drop.
Diaz said the rezoning and Penn Access project “will be a way for us to reimagine the whole area. We are going to end up being the paradigm of health care.”
“We should have more inventory. There absolutely should be more inventory than there is right now.”
Two market areas that make up the New York metro region—New York-Jersey City-White Plains, NY-NJ (No. 7) and Dutchess County-Putnam County, NY (No. 9)—ranked among the top 10 metro areas for price increases in the second quarter.
The new rules mean sellers still have the choice of offering compensation to buyer brokers, which can serve as a way of marketing the home or making the listing more attractive to buyers.
The Northeast PHSI rose 3.0% from last month to 65.5, a decline of 0.3% from June 2023.
Sales were down in all counties in the Hudson Gateway Association of Realtors market area, with Orange County posting the largest decline in single-family home sales at 26.9%.
“The struggle to create housing that is affordable for people across the entire spectrum of income will be the defining civic issue for this generation of leaders in the Hudson Valley,” Pattern CEO Adam Bosch said.
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