Westchester CRE Market Ended First Quarter with Mostly Increased Activity
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
In 2022, the median net worth of homeowners was $396,200, while the median net worth of renters was $10,400.
While interchange improvements and possible multimodal upgrades are planned in the corridor, the main focus of construction would be centered at locations on Route 17 in Orange County.
The budget includes a host of measures to enhance housing development and tenant protections in New York City, including the new 485-x tax incentive.
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Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
The Orange County Partnership’s Eckert said that the latest solicitations serve as “a critical path item for advancing our clean energy future.”
Compared to one year ago, the national median single-family existing-home price climbed 5% to $389,400. In the prior quarter, the year-over-year national median price increased 3.4%.
Located at 632-636 South Broadway, The Parker will feature 160 new units of all affordable housing in an elevator building, with on-site parking. The apartments will be priced for families with incomes at or below 80% of the area median income.
“Without a doubt, this (expo) is needed now more than ever,” Zarfes said.
While attitudes toward housing as a financial investment remained strongly positive, they weakened slightly from the previous year, as 67.1% of all respondents characterized buying property in their zip code as a “very good” or “somewhat good” investment.
Set on 40 acres with walking and exercise trails, Broadview at Purchase College offers a full continuum of services including Independent Living, Assisted Living, Enhanced Assisted Living, and Memory Care.
NAR Chief Legal Officer and Chief Member Experience Officer Katie Johnson explained the deadline will provide a three-month window for NAR members and MLSs to prepare to implement the policy adjustments.
In the weeks leading up to heavy negotiations in Albany, HGAR personally educated more than two dozen elected officials on Good Cause Eviction and the most problematic aspects of valuing tenant protection over property rights.
The most common entities that run the risk of losing the limited liability protection are small, closely held corporations and LLCs made up of family members or a small number of shareholders and members.
New York has gone to great lengths to ensure that consumers are treated fairly. All licensees are now tasked with ensuring all members of the public are treated with equity to ensure that steering and all other forms of discrimination are rooted out and eliminated.
The new PCDS includes new language that requires the disclosure of issues related to flooding, but most importantly, it removes the $500 credit/waiver, which would have been provided by the seller to the buyer if the seller failed or refused to provide the PCDS.
Compared to one year ago, the national median single-family existing-home price climbed 5% to $389,400. In the prior quarter, the year-over-year national median price increased 3.4%.
The Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—increased to 78.2 in March.
Existing-home sales in the Northeast climbed 4.2% from February to an annual rate of 500,000 in March, ending a four-month streak where sales in the Northeast registered 480,000 units
The Northeast PHSI decreased 0.3% from last month to 63.4, a decline of 9.0% from February 2023.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
The Orange County Partnership’s Eckert said that the latest solicitations serve as “a critical path item for advancing our clean energy future.”
Compared to one year ago, the national median single-family existing-home price climbed 5% to $389,400. In the prior quarter, the year-over-year national median price increased 3.4%.
Located at 632-636 South Broadway, The Parker will feature 160 new units of all affordable housing in an elevator building, with on-site parking. The apartments will be priced for families with incomes at or below 80% of the area median income.
Participating in MIPIM opens up a world of opportunities, directly and indirectly benefiting HGAR Members.
In the weeks leading up to heavy negotiations in Albany, HGAR personally educated more than two dozen elected officials on Good Cause Eviction and the most problematic aspects of valuing tenant protection over property rights.
Fair housing is not merely a legal obligation or a moral imperative; rather, it is the very essence of creating spaces where every individual can thrive.
I’ve seen it alleged that NAR, local Realtor boards or multiple listing services set commissions. Commissions are already negotiable between clients and real estate agents.
Bohlke credits his mother for opening his eyes to a real estate career.
Throughout the season, viewers will be treated to an insider’s look at Rockland County, guided by Bohlin’s expert eye.
Nationwide, 37 Elliman agents and teams closed 47 deals over $25 million, including the two most expensive sales in Connecticut history.
Dr. Ilori’s unique background in both real estate and psychiatry sets him apart as a valuable asset to the team.
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