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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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October 2019 Housing Market

In October, the New York State housing market saw 12,408 closed sales, 16,457 new listings, a median sales price up 8.1% from October last year to $280,000 and an average of 68 days on the market. Click here to read more.

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