Featured Articles

Governor, Legislature Debate How to Fix State’s Housing Crisis

March 20, 2023

ALBANY—As negotiations continue at the State Capital on the 2023-2024 New York State Budget, Gov. Kathy Hochul and state legislative leaders agree that the state is facing a housing crisis. The issue seems to be how to go about solving it, through offering carrots in the form of incentives to spark new affordable housing construction…

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Survey Says ‘The Sweet Spot’ to Sell a Home will be April 16-22

March 15, 2023

SANTA CLARA, CA—While any astute real estate professional will tell you it's nearly impossible to time the real estate market, there is one week that is most likely to get home sellers the best possible outcome, according to Realtor.com. Nationally, homeowners who list the week of April 16-22, 2023 will hit the sweet spot in…

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HGAR Headquarters Property Sold to Hines for $110 Million

March 14, 2023

WHITE PLAINS—Commercial brokerage firm CBRE announced today that the headquarters building for the Hudson Gateway Association of Realtors has been sold to Hines U.S. Property Partners. Hines U.S. Property Partners is the flagship commingled U.S. core plus fund for Hines, which is headquartered in Houston. No financial terms of the transaction were disclosed by CBRE…

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NY State Expands Fair Housing Testing to Combat Housing Discrimination

March 1, 2023

ALBANY—New York Gov. Kathy Hochul announced on Feb. 24 a $2.2-million expansion of New York’s Fair Housing Testing Program designed to root out discrimination in home rental and sale transactions. New York State has partnered with six nonprofit organizations across the state to deploy undercover testers to act as potential renters and home seekers. The…

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news

Celebration of Black History Month at HGAR

March 21, 2023

WHITE PLAINS—Black History Week was unofficially started in 1915, 50 years after the Thirteenth Amendment abolished slavery in the United States to research and promote the achievement of Black Americans and other people of African descent. Fast forward to 1926, the second week of February – which coincides with the birthdays of Abraham Lincoln and…

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legal-advocacy
people
residential

U.S. Existing-Home Sales Surged 14.5% in February; Northeast Sales Rose 4%

March 21, 2023

WASHINGTON—Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of Realtors. Month-over-month sales rose in all four major U.S. regions. All regions posted year-over-year declines. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, vaulted 14.5% from January…

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Viewpoints

Tony D'Anzica

PRESIDENT'S CORNER: Realtor Advocacy Begins With RPAC

March 17, 2023

As I often say, the Hudson Gateway Association of Realtors is a real estate trade association. We are not a book club, and we are not fighting to save the whales—there are other worthwhile organizations that do that. As a trade association, our primary mission and goal is to serve our membership by advocating on…

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Katheryn DeClerck

Understanding Assistance Animals

March 16, 2023

In my capacity as an instructor, I have taught a class called “Is that Pony a Pet? Understanding Assistance Animals” for various boards around the State of New York, including the Hudson Gateway Association of Realtors. This has been a very popular and confusing topic for many agents, and I have noticed a strange phenomenon…

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technology

Real Estate In-Depth

NAR Report Finds eSignature, Lockbox, MLS Apps/Technology Most Impactful Tools for Realtors

November 2, 2022

WASHINGTON—When it comes to real estate technology, Realtors said that eSignature, lockbox, and apps and technology from their local multiple listing service were the most impactful tools for their businesses this past year. These findings appear in the 2022 Technology Survey from the National Association of Realtors released on Nov. 1. The survey examined NAR…

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mortgage

Real Estate In-Depth

Higher Rates Cause Mortgage Volume to Drop Nearly 6%

March 1, 2023

WASHINGTON—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ended Feb. 24, 2023, released by the MBA on March 1. On an unadjusted basis, the Index decreased 4% compared with the previous week. The Refinance Index decreased 6% from the previous…

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