News
MARK YOUR CALENDAR: HGAR to Host Special Event Highlighting its Global Business Council on Feb. 25
The “Why Global?” session is open to all HGAR members and is designed to demonstrate how the association’s Global Business Council can help Realtors grow their international business.
NAR: Existing U.S. Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
In January, existing-home sales in the Northeast fell 5.7% from December to an annual rate of 500,000, up 4.2% from January 2024.
Double-Digit Increases in Single-Family Home Sales Continued Throughout Most of the Hudson Valley in January
Inventory for almost all property types declined in all regions in January, but Rockland County saw a huge co-op inventory gain of 63.6% and 29.9% for condos.
Hudson Gateway REALTOR Foundation Donated More Than $100,000 to 52 Hudson Valley Charities, Non-Profits in 2024
The foundation’s 2024 events included a series of popular Pub Nights in various locations throughout the Bronx and Hudson Valley, its popular “Dancing with the Foundation” dance competition gala, individual donations, and corporate sponsorships
State Comptroller Cites Risks and Concerns with 2026 NYS Executive Budget Proposal
The predominant risks for DOB’s forecast are policies that may be implemented by the new federal administration, including those related to tariffs and the extension of the expiring provisions of the Tax Cuts and Jobs Act.
EXCLUSIVE: New York Power Authority Pays $30 Million For Downtown White Plains Site for New HQ
NYPA will construct the first major commercial office building in Westchester County in nearly a half-century.
State Legislators from Manhattan, Hudson Valley Introduce Rent Emergency Stabilization Tenant Act
Currently, localities must conduct a survey of rental housing they propose to regulate and demonstrate that the vacancy rate is below 5%. This bill leaves that option in place, but creates an alternative method.
City of Middletown Schedules Public Hearing on Good Cause Eviction Law for March 4
HGAR strongly opposes Good Cause Eviction, arguing it limits landlords' ability to manage properties. Automatic lease renewals, rent restrictions, and legal hurdles could discourage investment, shrink rental inventory, and raise costs for both landlords and tenants.
Ken Jenkins Wins Special Election to Serve as Westchester County Executive
According to the unofficial election results from the Westchester County Board of Elections, Jenkins garnered 64% (57,590 votes) to Sculti’s 36% (32,956 votes) with 100% of the votes counted.
SPOTLIGHT ON: Ernest Chi
The 20-year Riverdale resident got his real estate license in 2014 and began working with a local brokerage. After just three years, he decided to branch out on his own.
NAR: Nearly 90% of Metro Areas Registered Home Price Gains in Fourth Quarter of 2024
In the past five years, from 2019 to 2024, the median home price rose by 49.9%.
Vlora Sejdi Installed as 2025 HGAR President at Gala Event in Putnam County; Promises to ‘Drive Change Together’
Sejdi noted that HGAR will be implementing the key initiatives in the association’s Strategic Plan, which was worked on and completed in 2024.