Donald Trump found liable for fraud for inflating real estate holdings
A New York State judge found that the former president and his associates deceived banks, insurers and others by massively overvaluing his net worth
by Ben Verde Sep 27
Supreme Court partially blocks New York's eviction ban
The court argued that by allowing tenants to self-certify that they're facing economic hardship as a result of the pandemic, New York's COVID eviction ban was unconstitutional
by Lillian Dickerson Aug 13
America's hottest neighborhoods: North Winton Village in Rochester, New York
The older neighborhood has long been a more affordable alternative to other trendier parts of the city, but that may soon change as home prices and rents are rising
by Lillian Dickerson May 10
COVID is transforming Palm Beach into a primary residence market
Paulette and Dana Koch say the pandemic has fundamentally changed the buyer composition in Palm Beach, with more buyers considering a primary home than ever before
by Lillian Dickerson Oct 12
Florida and New York go separate ways on eviction bans
Governor Ron DeSantis has allowed Florida's eviction ban to expire while Governor Andrew Cuomo expanded New York's tenant protections to apply to pre-COVID evictions
Howard Hanna partners with Rand Realty to expand into NYC suburbs
The strategic partnership was in discussions for over a year, and includes the purchase of 1 office in New York City and 27 offices throughout suburban New York and New Jersey
by Lillian Dickerson Sep 30
Lawmakers blast brokerages, agents named in 'Newsday' report
Among those who testified during a Senate hearing Thursday was Douglas Elliman’s Long Island CEO, Ann Conroy, who said the company did not discipline any of the 10 agents who allegedly engaged in discriminatory practices
by Patrick Kearns Sep 18
How real estate agents can avoid further segregating the suburbs
As urban buyers look for more space, agents need to be increasingly wary of racial steering
by Patrick Kearns Sep 11
Where are 2020’s hottest ZIP codes?
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
by Lillian Dickerson Aug 18
Caliber Home Loans settlement gives $17M in loan forgiveness to New Yorkers
The settlement applies to borrowers who were enrolled in interest-only loan modifications by Caliber, as well as customers who are dealing with the economic fallout of COVID-19
by Lillian Dickerson Jun 24
Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
Finger Lakes agents prepare as New York begins partial reopening
Although the effects remain to be seen, agents in Rochester and surrounding areas are uncertain whether or not Friday's partial reopening of the economy will have a palpable impact on buyer or seller confidence
by Lillian Dickerson May 13
Mortgage rates drop to 30-year low
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15
Colorado Springs ranked hottest housing market in March
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days
US property taxes increased to $306.4B in 2019
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years