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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 home sales stay at elevated level during April

Against the backdrop of fewer homes on the market, homebuyers in New York State closed 8,640 sales during April, falling only 2.6 percent from April 2017. The median sales price growth trend continued, increasing by nearly 12 percent compared to last April to reach $260,000 for the month. Click here to read more.

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