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House Tax Proposal will harm many New York homeowners

Nov 02, 2017
Statement from NYSAR CEO Duncan R. MacKenzie
 
“Our initial read of the House tax proposal released today is that it will harm many New York homeowners. It will lessen the value of the property tax deduction and it cuts a host of other key housing-related tax incentives. New York’s REALTORS® urge the seven GOP House members from New York who voted with homeowners last week to continue to resist this tax reform proposal.  We will have additional comments upon a thorough reading of the bill.”
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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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