The ceremony was presided over by Westchester County Clerk Timothy Idoni, and Jenkins’ oath was administered by New York State Supreme Court Justice Anne E. Minihan, 9th Judicial District, in a ceremony at the Michaelian Office Building in White Plains.
Chris brings a wealth of experience and proven leadership to this new advisory position. She is an 18-year veteran of Anywhere Real Estate Inc.
A federal judge on Jan. 3 denied New Jersey’s attempt to stop or stall the launch of the congestion tolling plan two days later.
“Homebuying momentum is building after nearly two years of suppressed home sales,” said NAR Chief Economist Lawrence Yun.
WASHINGTON—Pending home sales increased in October—the third consecutive month of increases, according to the National Association of Realtors.
All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way with a 4.7% increase from September’s pending transactions. Year-over-year, contract signings increased in all four U.S. regions, led by the West, according to NAR data released earlier today (Nov. 27).
The Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—rose 2.0% to 77.4 in October. Year-over-year, pending transactions expanded 5.4%. An index of 100 is equal to the level of contract activity in 2001.
“Homebuying momentum is building after nearly two years of suppressed home sales,” said NAR Chief Economist Lawrence Yun. “Even with mortgage rates modestly rising despite the Federal Reserve's decision to cut the short-term interbank lending rate in September, continuous job additions and more housing inventory are bringing more consumers to the market.”
SentriLock lockbox openings rose 7% in October compared to last year, NAR reported.
The Northeast PHSI jumped 4.7% from last month to 68.7, up 7.2% from October 2023. The Midwest index grew 4.0% to 77.8 in October, up 1.8% from the previous year.
The South PHSI increased 0.9% to 90.0 in October, up 2.5% from a year ago. The West index edged higher by 0.2% from the prior month to 64.1, up 16.8% from October 2023.
“It's encouraging to see contract signings increasing in all major regions of the country,” Yun added. “More notable gains from a year ago occurred in the expensive regions of the Northeast and West. The record-high stock market is providing a boost for upper-end home buyers.”
The ceremony was presided over by Westchester County Clerk Timothy Idoni, and Jenkins’ oath was administered by New York State Supreme Court Justice Anne E. Minihan, 9th Judicial District, in a ceremony at the Michaelian Office Building in White Plains.
Chris brings a wealth of experience and proven leadership to this new advisory position. She is an 18-year veteran of Anywhere Real Estate Inc.
A federal judge on Jan. 3 denied New Jersey’s attempt to stop or stall the launch of the congestion tolling plan two days later.
200 Park Ave. will continue to serve as the headquarters of CBRE’s New York Tri-State Advisory Services business and house the company’s New York-based Global Workplace Solutions teams.
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