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.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
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.
In 2022, the median net worth of homeowners was $396,200, while the median net worth of renters was $10,400.
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.
Thank you to the following Members who are leading the way in the 2024 RPAC campaign
Woodbury Common Premium Outlets reported that 20 stores opened or expanded in 2023, and more than 20 are planned to debut in 2024.
FHA’s new policy requires lenders to disclose to borrowers that they may request a reconsideration of value with instructions that explain the process.
Mosley served in the New York State Assembly from 2013 to 2020, representing communities in central Brooklyn including the neighborhoods of Fort Greene, Clinton Hill, Prospect Heights and parts of Bedford Stuyvesant and Crown Heights.
The report shows that while New York is becoming increasingly diverse, it reveals that living patterns, access to community resources, affordable housing, and homeownership remain divided along race and ethnic lines.
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