Tag: CO-OP
HGAR bullish on residential real estate for 2022
Even with the Federal Reserve expected to tighten monetary policy and raise interest rates in the coming months, resulting in an uptick in mortgage interest rates, HGAR said that it expects a strong real estate market to continue into 2022.
Changes to Westchester’s Co-Op Disclosure Law could have implications for NYC,...
The measure, already in effect, orders co-op boards to clearly state the minimum financial requirements to potential buyers before they apply to purchase a unit, and to provide a reason for a denial.
Report: Buyer’s market in NYC; seller’s market to the north
While a new report on real estate activity during the third quarter of the year in Westchester and Putnam points to this being a...
New report shows higher single-family real estate demand
“At the end of the third quarter, pending sales have exceeded expectations throughout our markets," said Elizabeth Nunan, president and CEO of Houlihan Lawrence.
Garthchester Realty doubles size with Stillman acquisition
While many companies in multiple categories have seen their businesses adversely affected by the Covid-19 pandemic ranging from mildly hurt to decimated, a Scarsdale...
Report shows positive 1Q real estate activity but anticipates slowing
Westchester Real Estate Inc. has issued its report on first-quarter activity along with general projections for the second quarter saying that single-family contracts in the...
Report: White Plains home sales, prices decline
The overall inventory of single-family houses, 2- to 4-family houses, condos and co-ops listed for sale in Westchester was sharply down from the third...
Hudson Gateway Association of Realtors sees low inventory, vibrant market
“With a low inventory, buyers often find it difficult to find housing that fits their criteria,” its report stated.
Rand Realty: High-end market spooked by the SALT cap
Joe Rand, chief creative officer for the organization, described the luxury market as being “spooked” by SALT and told the Business Journal, “I think the market is fundamentally strong."
Douglas Elliman residential report shows strength in regional sales
The report said that the number of residential sales in Westchester rose 14.5% to 2,495 in the second quarter of 2019.
Douglas Elliman sees signs of improving housing market
“We’ve seen a very good quarter and we’re seeing some very optimistic numbers,” Scott Elwell said.
Barry Kramer: Bring transparency to the co-op buying process
The Westchester County Board of Legislators is currently reviewing legislation that would dramatically impact the way co-ops are sold in Westchester County.
After ACA, action
With the Supreme Court decision out, businesses and government agencies continue scrambling to ready for implementation of the Affordable Care Act.
HealthyCT gets CMS funding
HealthyCT got a $76 million loan to create a new, nonprofit health insurance plan in Connecticut.