News

May Median Single-Family Home Sales Prices Rose by Double Digits in Almost All Regions
Only Westchester saw a slight increase in closed sales for single-family homes, with a 4.6% gain.

U.S. Median Home Sales Price Hit New Record in May; Northeast Sales Flat, Median Price Up 9.2%
Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—retreated 0.7% from April.

Realtors Rally in NYC in Opposition Against Bill Prohibiting Agents from Collecting Broker’s Fees from Apartment Renters
Prohibiting this common practice of collecting a broker fee will reduce the use of real estate professionals in rentals, harming both Realtors and tenants.

Seven Realtor Associations Host 3rd Annual DEI Summit in Newark
The goal of the Summit was to build curiosity while exploring the understanding of diversity, equity, and inclusion within personal and professional careers.

‘3by30’ Housing Goal: Making Progress, But Still More Work to Do
Black homeownership rates continue to lag behind those of other minority groups and white households, per NAR’s “2024 Snapshot of Race and Home Buying in America” report.
SPOTLIGHT ON: Donna Bruno
Today, she is affiliated with Coldwell Banker in Katonah as an Associate Broker and is an Independent Certified Coach.

Today is the Deadline for Brokerages, MLSs to Opt-in to NAR Broker Commission Settlement
Eligible brokerages must have a Principal who is a member of NAR as of the date of class notice in order to opt in or be released.

Orange County Tourism Rebrands, Urging All To ‘Pick OCNY’
The spirit of the region is also captured in the new Orange County Tourism tagline: “The Fresh State of Mind.”

Rockland County Housing Loan Fund Now Accepting Applications
Rockland County designated $13.5 million in American Rescue Plan Act funds for the initiative, which the county intends to commit by the end of this year.

Long-Time HGAR Affiliate Member Allan Block Insurance Celebrates 65 Years in Business
Today, Murray leads a dedicated team, recognized for their expertise and commitment to giving back to the local community.

In Memoriam: Realtor Geraldine Micallef Sherman Passes Away at the Age of 82
She joined the Orange County Association of Realtors in 1990 with Century 21 Foley & Latasa Realty (the company changed the name to Century 21 Foley Realty LLC in 2004) and in 2010 joined Hudson Heritage Realty.

MTA Prepares to Make Capital Program Cuts in Response to Congestion Pricing Pause
Congestion pricing tolls were projected to generate net revenues sufficient to leverage $15 billion for the MTA's 2020-2024 Capital Program, which includes several transformational projects.