Due to stubbornly high mortgage rates, a greater share of international home buyers paid cash—47% compared to 28% among all buyers.
Another important provision in the OBBBA raises the SALT deduction cap from $10,000 to $40,000 for taxpayers earning less than $500,000, effective from 2025 to 2029, before reverting to $10,000 thereafter.
Leasing activity surged this quarter to over 360,000 square feet, a 45% increase from the first quarter of this year, with renewals representing 57% of executed transactions.
Weichert, Realtors recently announced that the Rockland County Regional Office was recognized for outstanding achievement in July.
The office, which is managed by Karen McCabe, led the Weichert sales region in dollar volume and dollar volume from Weichert.com transactions for the month. The region is comprised of locations throughout Rockland, Orange, Dutchess and Westchester counties, and New York City.
The book launch will kick off with a celebration at the historic Nyack Bath House on Friday, July 11, followed by a multi-city East Coast book tour.
Indelicato joins the City of Yonkers with over 30 years of experience as an attorney and city planner for several Westchester County municipalities.
He has been honored with the Five Star Real Estate Agent Award for 16 consecutive years.
Each speaker shared valuable perspectives on regional economic development, market dynamics, and strategic growth initiatives across the Hudson Valley.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
