One of the random calls I get from our members has to do with information being inaccurately reported on the MLS by agents. Whether it is the square footage, a finished basement being legal and more. Although this is not within the scope of my role, there is a process for that and HGAR staff,…
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As reported previously on Real Estate In-Depth, Gil Mercurio, the long-time CEO of this organization, passed away at the end of September. Gil had been my mentor for more than 30 years. His intelligence, humor, leadership instincts and generosity of spirit could not be matched. I experienced his generosity first hand at the very start…
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I recently read a prediction by a friend Steve Hawks of Platinum Real Estate on Las Vegas, who is extremely knowledgeable on all things financial and real estate related. He predicts that home prices are set to soar another 16% in 2022. His predictions are backed or inspired by the top bank in the country—Goldman…
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Several legislative issues are before Congress for consideration and debate. These issues touch every facet of American life. The first issue that Congress must address is the debt ceiling. The debt ceiling is a cap on the amount of additional indebtedness that the federal government can incur to pay its bills. When Congress raises the…
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“We Want You!” “Be All That You Can Be.” If you are a person of a certain vintage, you will remember these slogans on posters and billboards. They were advertisements to join the Army. Later on, commercials that were so gallant and emotional would do the same for the Navy. It struck me that our…
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At the beginning of this month I was asked by RISMedia to share my thoughts on the 20th anniversary of 9-11. I confess that it brought back painful memories. The terrorist attacks occurred during the NYSAR Fall Business Meetings and were held at Lake Placid that year. On September 10th, Ann Garti and I had…
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Shutdowns, civil unrest, fears of war and terrorism, inflation, eviction moratoriums, supply chain breakdowns and workforce problems. These troubles are on the mind of most of the world today, especially business owners and property investors. It’s nearly impossible to predict what will happen economically and otherwise in today’s world. We would do well to simply…
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I just loved Star Trek as a kid growing up. Hey, to be honest, I still love Star Trek. On the right day of the week, you may hear me say something in Klingon or give you the Vulcan greeting. As a young African American girl, it was a big deal to see a person…
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Sometimes it can seem like politics has invaded every aspect of our lives. I suspect part of that feeling stems from the fact that we get so much of our news from the Internet, and sensational, provocative headlines get more open clicks. Also, the phenomena of celebrities commenting on the news being newsworthy is a…
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I had a chance meeting at lunch with a Mother and Daughter real estate team in Briarcliff Manor—Mary Jane Florent and Nancy Beard. Mary Jane was talking about the good old days of real estate. “It was just fun! People trusted each other and everyone got along. Now real estate is fear and blame.” That…
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With the Putnam County real estate market Booming for the past 15 months, I am excited for what I predict the impact will be. With new inventory down nearly 15% year-to-date over last year, sales volume up 31% and the average sales price grew by more than 18% to a whopping $483,201 up from $409,017.…
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Approximately 30 years ago, when I was the Director of Member Services and Professional Standards Administrator for the then Westchester County Board of Realtors, I vividly remember walking over to the Westchester County Legislative offices where the Board of Legislators was conducting a public hearing on co-op transparency legislation, which would require co-op boards to…
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The New York State Energy Research & Development Authority (NYSERDA) faces a major decision that could greatly impact all of New York’s economic recovery from COVID. Several energy and transmission developers are competing for a NYSERDA energy program with varying amounts of in-state investment. The choice is clear: Go big and choose New York jobs.…
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On April 12, 2019 the Lawful Source of Income Non-Discrimination Act of 2019 was signed into law by Gov. Andrew Cuomo. Although that has been more than two years ago, it seems quite apparent that many in our industry have yet to wrap their minds around what it really means. Just the other day sitting…
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To say that June 30, 2021 is going to be a bittersweet day for not just me, but for all of the members of HGAR, is an understatement, as that is the day that Ann Garti formally retires from HGAR. Ann’s career spans 40 years of service for the Realtor organization, and during that time…
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The Westchester County co-op transparency bill has finally had a public hearing. The number of speakers who came out in support of the bill outnumbered the naysayers by a 3 to 1 margin. The arguments against the bill were ones we had heard many times before and easily disputed. Opponents said that the bill, if…
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As a kid I was not a big fan of roller coasters. They were scary and unpredictable, so they had no allure for me. As an adult I started to appreciate them a little more. The drama of the slow ascent that gradually reaches the peak and starts the downward plunge with increasing speed usually…
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“So how is the market?” I actually don’t quite know how to answer that question anymore. I am wondering if you feel the same way? The competitive offer situations, the New York flight, 30-minute wait times to get into open houses, what is the world coming too! What I also find emerging is the intensity…
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At the federal level Realtors have won a huge victory. The CDC moratorium on evictions, which has caused people to avoid paying rent, has been struck down. The decision does not affect the moratorium in New York State. This will still go through the appeals process, but for now it is the beginning of a…
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According to the Hudson Gateway Association of Realtors First Quarter 2021 Market Report, “Residential home sales in the lower Hudson Valley for the first quarter of 2021 were staggering, even to anyone regularly monitoring sales activity. The residential market is normally cyclical with seasonal low sales in the first quarter as sellers begin to prepare…
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