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53°
Monday, nov 18
Tag:
Home Ownership
Politics
NY Bill Targets Squatters Amid Troubling Incidents Involving Homeowners
New York lawmakers are considering legislation targeting illegal squatters amid recent disturbing incidents involving homeowners that garnered national attention. The bill from Republican Assemblyman Jake Blumencranz, whose 15th District represents parts of Nassau County, adds squatters to the definition of criminal trespass. It also extends the time period for tenancy rights from 30 days to 45 days of possession. Under current New York State law, squatters are classified as tenants and receive temporary rights after living in a property for 30 days. If a squatter claims to be a tenant, the…
News
Westchester Affordable Housing Expo Coming Soon
Realtors, mortgage lenders, and others will soon make the trek to the Westchester County Center for the annual Fair and Affordable Housing Expo. Westchester County’s 2020 Fair and Affordable Housing Expo will be held from 11 a.m. to 4 p.m. on Saturday, March 14, at the Westchester County Center in White Plains. County Executive George Latimer said that residents from across the county will have the opportunity to attend the expo, “driving home the message that safe, affordable housing should be a basic right for everyone living in Westchester County.” According to county officials, "throu…
Lifestyle
Millennials Are Choosing Suburbs Over Cities, New Survey Says
A new survey shows a fascinating shift in trends when it comes to millennials and their preferred living situations. The survey, titled "The Millennial Economy 2018,’" went over some key figures and compared them with perceptions of generations past. The survey includes an array of data regarding the timelines for many major milestones, e.g., moving out of their parents’ house, buying a home, and getting married. Even though the survey shows that more than 80 percent of millennials have to delay home ownership as a result of student debt, they still have their sights set on the suburbs for…
Real Estate
What's Selling: Westchester Experts Dish On The Real Estate Market
Large houses aren't selling the way they used to. According to multiple Westchester realtors, homes that are 3,000 square feet and above $1 million, once the darlings of the Westchester real estate world, are now no longer as attractive. Bigger used to be better, said Alison Bernstein founder/president of Suburban Jungle, a suburbs strategy relocation firm, but a cultural shift began when millennials entered the market approximately 10 years ago. “People used to plan to own their homes for 30 to 40 years," she said. "Now, they're thinking three to four years and thinking differe…