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New York State’s Housing Market Remains Weak

New York State’s Housing Market Remains Weak

by Phil Hall | Jul 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Empire State’s housing market continued to struggle in June, according to new data from the New York State Association of Realtors. Closed sales totaled 10,186 last month, down 22.2% from the 13,095 sales in June 2022. Pending sales took a 6.2% drop from 12,967 in...
Home Sales Continue to Decline in New York State

Home Sales Continue to Decline in New York State

by Phil Hall | Jun 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Empire State’s housing market had another enervated month in May, according to data from the New York State Association of Realtors. Closed sales fell from 11,075 homes in May 2022 to 8,819 sales last month, a 20.4% plummet. Pending sales were down 4.1% from...
A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

by Phil Hall | Jun 12, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Last week, New York City Mayor Eric Adams filed a lawsuit against 30 counties in upstate New York for refusing to accept illegal immigrants currently housed across the Big Apple. “Since this crisis began, New York City has — virtually on its own — stepped up to...
Home Sales Continue to Plummet in New York State

Home Sales Continue to Plummet in New York State

by Phil Hall | May 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed home sales in New York State fell by 29.6% year-over-year in April, according to new data from the New York State Association of Realtors (NYSAR). April’s 6,944 completed transactions paled in comparison to the 9,857 closed sales in April 2022. Pending sales...
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