Residential

NAR: Typical Home Buyer's Annual Household Income Climbed to Record-High $107,000 in 2023
Home buyers' median income jumped to a record high of $107,000, but they faced less competition thanks to higher interest rates and by offering larger down payments.

NAR: More Than 80% of Metro Areas Registered Home Price Increases in Third Quarter of 2023
Among the major U.S. regions, the South saw the largest share of single-family existing-home sales (46%) in the third quarter, with year-over-year price appreciation of 1.7%. Prices also grew 5.3% in the Northeast, 5.2% in the Midwest and 0.6% in the West.

Co-op Transactions: Unmasking Hidden Discrimination
Editor’s Note: The push by the real estate industry to bring transparency to the co-op transaction process, particularly by

GUEST VIEWPOINT: The Hudson Valley’s Changing Demographics Significant Impacts on Region’s Workforce
The Hudson Valley will confront a serious labor shortage over the next two decades as lower births, a wave of

Report: New York State IDAs Generated $141 Billion in Wages; Created, Retained 1.3-Million Jobs in 2021
ALBANY—In light of some criticism being leveled against Industrial Development Agencies in New York State, particularly the need and

Harbor Group, Cantor Fitzgerald Joint Venture Buys Avalon Mamaroneck Apartment Complex
NEW YORK—A joint venture between affiliates of New York City-based Cantor Fitzgerald L.P. and Harbor Group International, LLC

NAR Replaces Goldberg with Nykia Wright as Interim CEO
CHICAGO—The National Association of Realtors announced today that Nykia Wright has been appointed its interim Chief Executive Officer, starting

NAR to Appeal Burnett Trial Verdict After Being Found Liable
KANSAS CITY, MO—The National Association of Realtors and two codefendants were found liable Tuesday (Oct. 31) in the federal

Attorney General's Report Finds Deep Racial Disparities in Home Ownership, Access to Financing Across New York State
NEW YORK—New York Attorney General Letitia James released a scathing report earlier today on what she termed as a

NAR: U.S. Pending Home Sales Grew 1.1% in September
WASHINGTON—Pending home sales rose 1.1% in September, according to the National Association of Realtors. The Northeast, Midwest and

Early Condo Sales are Brisk at The Daymark in Sleepy Hollow
SLEEPY HOLLOW—The days of significant condominium development in Westchester County are long gone. However, one new luxury condo project

HGAR/OneKey MLS Seminar Delves Into the Convergence of Politics and Policy in New York Real Estate
NEW YORK—Real estate is a driving economic force in New York State, and politics and policy can have a