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U.S. Supreme Court decides in favor of property owners

Jun 07, 2016
In a unanimous ruling  in the case of U.S. Army Corps of Engineers v. Hawkes Co. Inc., the U.S. Supreme Court held that developers and landowners can ask a court to review a federal finding that a wetland or waterway on their property falls under the Clean Water Act. In an amicus brief, written in cooperation with the National Association of Home Builders, NAR contended that the decisions hurt landowners without giving them a proper appeals process. The National Association of REALTORS has supported past Supreme Court decisions to reject federal agency attempts to assert jurisdiction beyond the navigable to all waters based on theories like the presence of migratory birds. The decision yesterday is a victory and should help as we continue the process of addressing our concerns with the Waters of the U.S. rule. More on this story can be found here.
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.