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New York State Home Sales Decline as Prices Keep Rising

New York State Home Sales Decline as Prices Keep Rising

by Phil Hall | Dec 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State recorded 8,207 closed home sales in November, down 9.1% from the 9,030 transactions recorded one year before. According to data from the New York State Association of Realtors, pending sales edged lower by 0.7%, from 7,810 accepted offers in November...
New York State Raises Property Tax Exemption for Seniors to 65%

New York State Raises Property Tax Exemption for Seniors to 65%

by Phil Hall | Dec 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul has signed a bill into law that allows localities to provide seniors with up to a 65% property tax exemption. Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer...
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software

RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software

by Phil Hall | Nov 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The property management software company RealPage Inc. has filed a lawsuit against New York State Attorney General Letitia James that seeks to overturn a new state law that bans property owners and managers from using algorithm rent-setting tools. The Richardson,...
Home Sales Activity Climbs in New York State

Home Sales Activity Climbs in New York State

by Phil Hall | Nov 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,265 homes were sold in New York State during October, up 3.2% from the 9,949 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were up 2.9% from the 9,795 accepted offers in October 2024 to...
New York State Launches Housing Accelerator Fund

New York State Launches Housing Accelerator Fund

by Phil Hall | Oct 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...
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