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Real Estate
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 …

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by Chris Spiker
Politics
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…

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by Michael Mashburn
Politics
Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House
Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House As Election Day draws closer, political pundits are closely watching three New York congressional races that could determine which party controls the House next year. Freshmen Republican Reps. Mike Lawler, Marc Molinaro, and Anthony D’Esposito – supporters of former President Donald Trump in districts won by President Joe Biden in 2020 – are all hoping for repeat wins in November. Here’s a closer look at their races. Mondaire Jones (left) and Rep. Mike Lawler. Campaign Facebook Pages 17th District: Lawler vs. Jones Lawler, whose 17th District represents all of Rockland and Pu…

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by Michael Mashburn