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FAA subpoenas practitioners using drones

Jul 07, 2014
The Federal Aviation Administration is beginning to crack down on the growing popularity of unlawful drone use in the real estate industry. The FAA has targeted several brokerages in New York City that use drones, slapping them with subpoenas in a widespread move to learn more about how the real estate professionals use the technology to advance their business.

The National Association of REALTORS has long warned that practitioners should steer clear of using drones for their business until the FAA releases solid rules on such use, which is expected by September 2015.

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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.

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