News
Yonkers IDA Grants Preliminary Approval of Incentives for Two Projects Valued at Nearly $175 Million
Located at 632-636 South Broadway, The Parker will feature 160 new units of all affordable housing in an elevator building, with on-site parking. The apartments will be priced for families with incomes at or below 80% of the area median income.
NAR’s Yun Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
In 2022, the median net worth of homeowners was $396,200, while the median net worth of renters was $10,400.
More Than 500 Prospective Homebuyers Attend Fair and Affordable Housing Expo
“Without a doubt, this (expo) is needed now more than ever,” Zarfes said.
NY Fed Reserve Survey Reveals Increased Housing Price Growth Expectations; Renters Worry About Their Ability to Own a Home
While attitudes toward housing as a financial investment remained strongly positive, they weakened slightly from the previous year, as 67.1% of all respondents characterized buying property in their zip code as a “very good” or “somewhat good” investment.
Broadview at Purchase College Reaches Nearly 80% Occupancy
Set on 40 acres with walking and exercise trails, Broadview at Purchase College offers a full continuum of services including Independent Living, Assisted Living, Enhanced Assisted Living, and Memory Care.
NAR Practice Changes to Take Effect Aug. 17
NAR Chief Legal Officer and Chief Member Experience Officer Katie Johnson explained the deadline will provide a three-month window for NAR members and MLSs to prepare to implement the policy adjustments.
EXCLUSIVE: NYSDOT Spells Out Route 17 Expansion Study Construction Concepts in Federal Register Filing
While interchange improvements and possible multimodal upgrades are planned in the corridor, the main focus of construction would be centered at locations on Route 17 in Orange County.
Back by Popular Demand: ‘Dancing for the Foundation’ Competition Returns to New Rochelle on May 16
Realtor and Affiliate members from around the New York metro area will be tapping their toes for prizes and the coveted “winner” status of the foundation’s second dancing competition event.
Simon Updates Woodbury Common Expansion Project, New Store Openings
Woodbury Common Premium Outlets reported that 20 stores opened or expanded in 2023, and more than 20 are planned to debut in 2024.
HUD Issues New Guidance to Protect Borrowers from Appraisal Bias
FHA’s new policy requires lenders to disclose to borrowers that they may request a reconsideration of value with instructions that explain the process.
Gov. Hochul Nominates Walter T. Mosley as New York’s 69th Secretary of State
Mosley served in the New York State Assembly from 2013 to 2020, representing communities in central Brooklyn including the neighborhoods of Fort Greene, Clinton Hill, Prospect Heights and parts of Bedford Stuyvesant and Crown Heights.
FAIR HOUSING: NY State Releases Report That Includes Goals to Address Persistent Segregated Living Patterns, Unequal Access to Community Resources
The report shows that while New York is becoming increasingly diverse, it reveals that living patterns, access to community resources, affordable housing, and homeownership remain divided along race and ethnic lines.