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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 | News/Current 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 | News/Current 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 | News/Current 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 | News/Current 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...
Home Sales Activity Climbs in New York State

New Listings and Pending Sales Up Across New York State

by Phil Hall | Oct 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State’s housing market showed signs of strengthening last month as new listings and pending sales rose while existing home sales held steady. According to data from the New York State Association of Realtors, new listings of homes jumped 5.5% 12,858 listings...
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