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Cuomo signs 'zombie' property bill

Jun 24, 2016
Gov. Andrew Cuomo signed legislation on Thursday requiring banks and mortgage servicers to maintain foreclosed and abandoned properties, known as "zombie properties," to combat blight they cause in neighborhoods. The legislation included measures to assist homeowners facing foreclosure and establishes a consumer Bill of Rights for foreclosures. Read more about the bill here.
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New York first quarter statewide home sales strong 
despite slide from record pace

With 25,192 closed sales across the Empire state in the first quarter, the housing market posted a strong start to 2018, even as it fell short of 2017’s record. The first quarter 2018 statewide median sales price of $260,000 represented an increase of 7.4 percent from a year ago. Click here to read more.