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Property, Rentals, Transactions

Congresswoman Clarke Notifies Property Owners of Extended Deadline for Flood Insurance Claims Related to Hurricane Sandy

Congresswoman Yvette D. Clarke released the following statement on the extension of the deadline – to October 15, 2015 – for National Flood Insurance Program policyholders to request a review by the Federal Emergency Management Agency of their Hurricane Sandy flood insurance claims. FEMA has the authority to review decisions by insurance companies on flood insurance claims

County Executive Mike Hein Delivers 2016 Executive Budget Which Cuts County Property Taxes To Below 2012 Levels Plus Delivers An Additional $15 Million Investment In County Infrastructure

Today, on the campus of the new, state-of-the-art Kingston Center of SUNY Ulster, Ulster County Executive Mike Hein delivered the 2016 Executive Budget.  Property taxpayer relief remains a constant in this year’s budget which carries a 1.1% property tax cut for Ulster County residents with no reduction in services or layoffs.

Pittsburgh Woman Pleads Guilty to Misusing Section 8 Housing Vouchers

A resident of Pittsburgh, Pennsylvania pleaded guilty in federal court to a charge of theft of government property, United States Attorney David J. Hickton announced today Michelle L. Michalek, 35, of Pittsburgh, PA 15209, pleaded guilty to one felony count before Chief United States District Judge Joy Flowers Conti.

2015 Realtor® Good Neighbor Award Winners Bring Positive Change to Communities

Over the last 16 years, the Good Neighbor Awards have recognized Realtors® from across the nation who dedicate countless volunteer hours to improve the lives and wellbeing of their neighbors. The five individuals named as this year's REALTOR® Magazine Good Neighbor Award winners embody this incredible commitment to helping those around them and serve as an example of how Realtors® build and strengthen communities.

Hiring a REALTOR® vs. For Sale by Owner

Having lived in your home for years, if not decades, there’s no arguing that you know the ins-and-outs of your current residence better than anyone else. However, that doesn’t mean that you’re going to be the best person to sell your home when you decide to move. Though tempting, For Sale By Owner transactions are not as successful or lucrative as some might originally assume — even in a seller’s market

Realtors Commercial Alliance of MIAMI Presents Commercial Super Conference “Growth of a Global City: Miami 2015-2030”

he Realtors Commercial Alliance of the MIAMI Association of Realtors (RCA MIAMI) will present its 15th annual Commercial Super Conference on Friday. More than 20 respected speakers will discuss how Miami has become a global destination for real estate investment and development.

Summer Market Remained Strong as Massachusetts Closed Home Sales Went Up Again in August

The Massachusetts Association of REALTORS® (MAR) reported today that the positive trend this summer was to continue as single-family home sales went up in August over nine percent compared to the same time last year. This is the third straight month of year-over-year increases in single-family home sales. The median price of single family homes was also up for the 12th time in the last 14 months.

Pending Home Sales Retreat Again in August but Remain at Healthy Level

Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for 12 consecutive months, according to the National Association of Realtors®. A modest increase in the West was offset by declines in all other regions.

Existing-Home Sales Stall in August, Prices Moderate

Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August

Greenpeace Report Finds 100 Percent Renewable Energy Possible by 2050

Greenpeace released its 2015 Energy [R]evolution report, which finds that a global phase out of fossil fuels and shift towards 100 percent renewable energy is possible by 2050. The analysis, researched in collaboration with the German Aerospace Centre (DLR), shows that the transition to renewables would create jobs and be cost competitive. The necessary investment in clean energy would be more than covered by future savings in fuel costs

Existing-Home Sales Stall in August, Prices Moderate

Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.

Amendment Focused on Mitigating Flood Risk at Multifamily Properties

On September 10, Representative Dan Donovan (R-NY) offered a National Flood Insurance Program (NFIP) related amendment during the relevant House subcommittee’s markup of the overall Homeland Security Authorization bill. The amendment passed with no opposition and would go to great lengths in assisting multifamily owners in preparing and mitigating against future flood risks. It also seeks to address many of the criticisms of the agency’s handling of the claims process in New York and New Jersey after Hurricane Sandy.

Big Win for Bed-Stuy Apartment Workers Back to Work with Good Jobs; Workers Win Over $100,000 in Back Pay

Long-time workers who lost their jobs for standing up for good pay and a union at 1711 Fulton Street in Bed-Stuy are back on the job today after the building owner agreed to reinstate them, recognize 32BJ SEIU as their union and sign a union contract that restores the pay and benefits they had been earning under the previous owner

“Thrown Out Like Trash,” Fired Workers Fight Back at Luxury High Rise

More than 300 32BJ members, tenants and elected officials, will join fired building workers from 2116 Chestnut Street by tossing dozens of garbage bags on the side of the luxury high-rise apartment building on Friday at 2:30 p.m. The workers will send a clear message that, “We are not garbage to be thrown away.”

NAR President Testifies Before House Judiciary Subcommittee in Support of Responsible Commercial Drone Use

National Association of Realtors® President Chris Polychron testified before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet at a hearing entitled “Unmanned Aerial Vehicles: Commercial Applications and Public Policy Implications.” NAR testified on the growing interest in the use of drones, their commercial application in the real estate industry, and Realtor® perspectives on legislative and regulatory efforts to advance safe drone use in the commercial space

As Commercial Real Estate Market Booms, Office Cleaners Demand a Strong Contract

Elected officials, faith leaders, and allies stood shoulder to shoulder this morning with dozens of commercial office cleaners as they opened contract negotiations. The more than 1,000 workers covered under the contract – members of 32BJ SEIU – are bargaining with representatives of commercial cleaning contractors from the commercial real estate industry

PCI Urges Consumers to Take a “Wildfire Reality Check” this September and be Prepared

With a record 8.2 million acres already consumed by dangerous wildfires and the peak of wildfire season is just beginning, the Property Casualty Insurers Association of America (PCI) is using National Preparedness Month to remind homeowners and renters that it’s time to take a “wildfire preparedness reality check” to ensure you’re physically and financially prepared.

Thrivent Financial and Habitat for Humanity celebrate 10-year partnership with monthlong fundraising campaign

In honor of the 10th anniversary of the Thrivent Builds with Habitat for Humanity partnership, Thrivent Financial and Habitat for Humanity today kicked off a monthlong fundraising campaign. During the campaign, Thrivent will add 10 percent to all personal donations and/or Thrivent Choice Dollars® directions made on to Habitat for Humanity International or any of the 250 Habitat affiliates enrolled in Thrivent Choice.

NAR Study: New Home Construction Trailing Job Growth in Majority of Metro Areas

Despite positive improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent housing shortages and unhealthy price growth in many markets, according to new research from the National Association of Realtors

As Tropical Storm Erika Strengthens, Insurers Offer Preparation Advice to Consumers

With Tropical Storm Erika strengthening in the Atlantic, potentially on track to hit Florida, the Property Casualty Insurers Association of America (PCI) encourages residents in the southeast to listen to their emergency officials and prepare for severe weather. Although the storm’s path is uncertain, forecasters are warning residents to get prepared for heavy rain bands