Home Property, Rentals, Transactions
The New York State housing market set a record high for second quarter home sales, reaching 32,444 homes sold, according to the housing market report released today by the New York State Association of REALTORS®. The second quarter statewide median sales price of $245,000 represents an increase of 6.5 percent from the 2016 second quarter
The U.S. House of Representatives passed legislation this week co-authored by Congressman Jerrold Nadler (NY-10) and Congressman Eliot Engel (NY-16), designed to bring co-op and condo owners one step closer to receiving critical federal funding for disaster relief. H.R. 1684, the Disaster Assistance Support for Communities and Homeowners Act of 2017, directs the Federal Emergency Management Agency (FEMA) to provide recommendations to Congress within 12 months for how condos and co-ops could become eligible for disaster relief funds.
Congressman Chris Collins (NY-27) today hailed the inclusion of his amendment to the House passed American Health Care Act into the Senate version of the bill. The amendment, introduced with Congressman John Faso (NY-19), would require New York State to take over the county portion of Medicaid by 2020 and would provide the largest property tax reduction ever to Western New York.
Homebuyer demand remained strong in the Empire State during May as closed sales set a record for the month at 10,704, surpassing the record set last May by 4.6 percent, according to the housing market report released today by the New York State Association of REALTORS®. The statewide median sales price continued its upward climb, increasing by 7.1 percent compared to last May.
he following is a statement by New York State Association of REALTORS® President Dawn M. Carpenter: “The New York State Association of REALTORS® (NYSAR) and its 55,000 REALTORS® applaud the members of the New York State Legislature for taking action to help more New Yorkers achieve the American Dream of homeownership in communities across the Empire State
Brookhaven Industrial Development Agency Accepts Application For Incentives for New Supplier Of Road Striping...
Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced the agency accepted an application from a company that plans to build a plant to supply advanced road marking materials in Shirley.
Strong buyer demand, coupled with the ongoing decline in the number of homes for sale, fueled a 7.8 percent increase in the April statewide median sales price, according to the housing market report released today by the New York State Association of REALTORS. Inventory constraints also led to a 5 percent decline in home sales for the month compared to April 2016.
The New York State Association of REALTORS (NYSAR) today gathered in Albany for its annual Lobby Day to raise awareness about dangerous proposals included in President Donald Trump’s federal tax plan and meet with legislative leaders to promote the NY First Home, a proposal that would allow individuals to deposit up to $5,000 a year ($10,000 a year for couples) into a first home savings account, which would be tax deductible for state income tax purposes.
Governor Andrew M. Cuomo today announced the acquisition of Marion River Carry, a 296 acre property in the Adirondacks. Coinciding with the 125th anniversary of the Adirondack Park, Department of Environmental Conservation Commissioner Basil Seggos signed ceremonial maps to resolve more than a century of differences between the state and Raquette Lake occupants located on 216 parcels within Township 40. As part of the resolution, the state acquired the property from Open Space Institute, which will now be added to the Adirondack Forest Preserve and made open to the public
New York - (RealEstateRama) -- The New York State Department of Taxation and Finance today reminded property owners—homeowners and businesses—that now is the time...
The Massachusetts Association of Realtors® Charitable Foundation Awards $13,500 in 2017 Spring Housing and...
The Massachusetts Association of Realtors® Charitable Foundation recently announced the 2017 recipients of its spring Housing and Homeless Assistance Grants. The following 17 charities were nominated by local Realtor® Associations and then selected to receive a share of $13,500 in grants based on their initiatives to provide affordable housing, shelter and other emergency care services within Massachusetts
The Federal Reserve Bank of New York today released results from its February 2017 SCE Housing Survey, which provides information on consumers' housing-related experiences and expectations.
To kick off Earth week, today Mayor Bill de Blasio announced the completion of environmental remediation on the 500th tax lot under NYC oversight since his administration began in 2014, achieving 75% of his OneNYC cleanup goal 18 months ahead of schedule. Each of the remediated properties has achieved rigorous state cleanup standards.
Earlier today, David Gotterup was sentenced at the federal courthouse in Brooklyn, New York, to 15 years in prison for leading a loan modification scheme that defrauded distressed homeowners.
The home sales growth trend continued in New York State during January with the 8,472 closed sales setting a new high-water mark for the month, according to the housing market report released today by the New York State Association of REALTORS. The January statewide median sales price of $250,000 represents an increase of 8.7 percent from a year ago.
Dawn M. Carpenter, CPM of Staten Island, NY took the oath of office Monday, February 6, as the 2017 president of the New York State Association of REALTORS (NYSAR). The association’s inauguration ceremony was held in conjunction with its business meetings at The Desmond Hotel and Conference Center in Albany, NY. She will serve a one-year term in the post.
Christine “CJ” DelVecchio, CBR, GRI of Ithaca took the oath of office Monday, February 6, as the 2017 president-elect of the New York State Association of REALTORS (NYSAR). The association’s inauguration ceremony was held in conjunction with its business meetings at The Desmond Hotel and Conference Center in Albany, NY
Governor Cuomo Announces $4.4 Million to Construct, Rehabilitate and Repair 170 Owner-Occupied Homes Across...
Governor Andrew M. Cuomo today announced nearly $4.4 million in funds to construct, rehabilitate and improve the homes of 170 income-eligible families across New York. The funds are awarded through New York State Homes and Community Renewal's Affordable Home Ownership Development Program, administered by the Affordable Housing Corporation. More than 8,800 homes under this administration have been created or made safer and more affordable with approximately $170 million in Affordable Housing Corporation awards
According to results from a Homeownership Poll conducted by the Siena Research Institute (SRI), 84 percent of New York voters supported the NY First Home proposal that would create a tax-free savings account to help New Yorkers save for a first home. Support for the program was bi-partisan and spread across the entire state
The following is a statement by New York State Association of REALTORS CEO Duncan R. MacKenzie: “The New York State Association of REALTORS (NYSAR) and its 52,000 REALTORS encourage Gov. Andrew M. Cuomo to consider a more broad-based, robust approach to assisting all our state’s residents in overcoming the barriers to homeownership. We need to invest in as many bright young minds as we can if we are to fully reinvigorate our state’s economy
Last Year, Schumer Urged Army Corps To Expedite Federal Reviews So Amy’s Kitchen Could Turn Vacant Property in Orange County Into A Major Distribution Center; Amy’s Kitchen has historically relied on local communities and small businesses to provide ingredients for their distribution centers and product lines
A record-setting November market pushed the New York State home sales total to 118,730, surpassing the 2015 annual mark of 116,671, according to the housing market report released today by the New York State Association of REALTORS. Closed home sales set a new record for November reaching 10,547 for the month, an increase of nearly 9 percent from November 2015. The November 2016 statewide median sales price of $240,000 represents an increase of 6.7 percent from a year ago
The New York State Department of Taxation and Finance today reminded veterans to take advantage of the valuable year-round tax exemptions and credits available to them, their families, and employers
The Empire State’s housing market has posted an 11-percent jump in home sales though the first nine months of 2016 compared to the same period in 2015, according to the housing market report released today by the New York State Association of REALTORS. The year-to-date statewide median sales price grew 3 percent compared to last year.
Center for NYC Neighborhoods and Citi announce joint effort to advance groundbreaking community land...
The Center for NYC Neighborhoods and Citi Community Development today announced plans to establish a groundbreaking city-wide community land trust (CLT) to advance affordable homeownership across the five boroughs of New York City. The CLT, which uses a non-profit approach to supporting community-controlled ownership of land, would create new affordable homeownership opportunities for middle- and working-class families over the long-term and shield homeowners from practices that can lead to foreclosure and displacement.