Tag:

Affordability

Great Services, High Prices: How NY Ranks For Retirement In New Study Great Services, High Prices: How NY Ranks For Retirement In New Study
Great Services, High Prices: How NY Ranks For Retirement In New Study Northeast and mid-Atlantic states had mixed results in a new study on the best states for retirement, balancing affordability challenges with strong quality-of-life and healthcare options. WalletHub released its 2025 list of Best and Worst States to Retire on Monday, Jan. 27. Florida claimed the No. 1 spot, followed by Minnesota, Colorado, Wyoming, and South Dakota in the top five. The study ranked every state based on 46 retirement-related factors including affordability, quality of life, and healthcare access. "Retirement is supposed to be relaxing, but it can al…
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …
How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal
How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal New Yorkers could soon see some relief from rising costs. Around 8.6 million taxpayers statewide could stand to benefit from a historic $3 billion in “inflation refund” checks that were proposed by Gov. Kathy Hochul during a speech in the Bronx on Monday, Dec. 9. If approved by lawmakers, the initiative would deliver $300 checks to single taxpayers earning up to $150,000 annually and $500 to joint filers with incomes up to $300,000. The refunds would be funded by surplus sales tax revenue generated during the recent period of high inflations. Hochul said the one-time payments would provide…