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Tag:
Homeownership
Point Pleasant, NJ
Real Estate
12 Years After Sandy, Residents Returning To Rebuilt Mantoloking Oceanfront Community
Dale Parisi's third-generation cottage near the Mantoloking beachfront was destroyed by Hurricane Sandy in 2012. "It was a very sad day," he said. "We had no idea what the future held for any of us. While some people cashed in their chips, I believed that someday we were going to return and rebuild." Nearly a dozen years later, Parisi moved into his new three-bedroom duplex in the Osborn Dunes at South Mantoloking community. The neighborhood off Route 35 has reopened for some new and returning residents after suffering catastrophic damage from Sandy, developer Walte…
Triangle-Dumfries, VA
Lifestyle
PWC Father Gifts Newly Married Son Winning $1M Virginia Lottery Ticket As Wedding Gift
Aaron Andrews is moving out with his new bride after getting the wedding gift of a lifetime from his father in Virginia. In April, Andrews married his wife and they've been temporarily staying in his father's basement in Prince George's County. Things changed after his father, a self-admitted avid Lottery player, won big on a Cash4Life ticket, and decided to give his son a life-altering gift. After matching the first five winning numbers on the ticket, his father had a choice: $1,000 every week for life, or a one time cash windfall of $1 million. Rather than set himself up with a weekly L…
Towson, MD
News
Baltimore City Denies Help To Sinkhole Homeowners Stuck Paying For Condemned Homes
Homeowners in a Baltimore neighborhood are pleading for City leaders to step up and help after being denied assistance claims following the condemning of several homes due to an underground sinkhole caused by infrastructure issues, reports WJZ. Several homeowners are suing the city of Baltimore after their claims were denied, causing them to pay for mortgages on homes that do not even exist anymore due to the long-standing sinkhole on North Avenue. The sinkhole was caused by a 115-year-old problem in the infrastructure. When the homeowners applied for assistance, they were told that the clai…
Gaithersburg, MD
News
COVID Booster Wins $50K For Maryland Lottery Player
A Montgomery County resident is $50,000 richer, all thanks to getting vaccinated, announced the Maryland Lottery. Milagro Alfaro de Melgar, 48, of Ashton won the VaxCash 2.0 promotion prize after being randomly selected from more than 2 million eligible Marylanders in a drawing on April 12, say lottery officials. Milagro qualified for the prize after getting her COVID-19 vaccinations and boosters in Maryland. While she was thrilled with the prize, Milagro states her reason for becoming vaccinated was simple: to protect herself and others, according to the lottery. “It helps sa…
Hartford, CT
Real Estate
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years
The average rate of homeownership in Connecticut has dropped significantly over the past five years, according to a new report from the U.S. Census Bureau. Connecticut typically has an above-average rate of homeownership compared to the rest of the country, but the new data found that it is one of two states to show significant declines on that front between 2014 and 2019. During that time span, the ratio of Connecticut owner-occupied households compared to total households in the state dropped 1.4 percent. The only state with a steeper decline was North Dakota at 2.5 percent. The largest …
Rye, NY
Real Estate
Affordable Housing Focus Of Expo At Westchester County Center
The Westchester County Fair and Affordable Housing Expo of 2019 is scheduled for Saturday, March 9, and affordable housing resources will be discussed in detail. This year’s expo is taking place at the Westchester County Center (198 Central Avenue) in White Plains between 11 a.m. and 4 p.m. During this time, participants can attend a variety of workshops on subjects like affordable housing, rental housing, resources for down payments, closing costs, property improvements and more. These workshops are designed to answer any number of major questions about the path to homeownership and afford…
White Plains, NY
Politics
Latimer Finds A Long Island Partner In Challenge To Proposed IRS Suburban Tax Increase
Westchester County Executive George Latimer is teaming with other elected officials in New York in a partnership to fight recently proposed regulations that could impact suburban homeowners come tax season. This week, Latimer and Suffolk County (Long Island) Executive Steve Bellone announced their partnership, calling on the IRS to amend proposed regulations that would “significantly limit the ability of homeowners and individuals’ from being able to deduct state and local taxes (SALT) on their federal tax returns." “While the Federal Government claims only 5 percent of the nation will…
Bergenfield, NJ
Business
Oritani Bank Works To Make Dream Of Homeownership A Reality
While Oritani Bank has distinguished itself through superior customer service when providing traditional bank accounts and home loans, the bank's Charitable Foundation is working to help make the dream of homeownership possible for everyone, regardless of their financial standing. The OritaniBank Charitable Foundation recently announced that Habitat for Humanity of Bergen County is the recipient of a $50,000 grant, with an additional $50,000 to be matched. The entire grant award will be used to underwrite the cost of building four affordable homes in Township of Washington, New Jersey. “We …
Yonkers, NY
Real Estate
These Westchester County Zip Codes Have Highest Earners In America
As it turns out, being able to afford the cost of an expensive home does not necessarily mean living in an area where the priciest homes are located. According to a new report by Property Shark, some of the top-earning homeowners in the U.S. live in Westchester County. "The Golden State takes 17 spots in the top 100 while New York leads the by-state ranking with 20 codes," the report says. "Of those, eight are located in Manhattan. Most of the other NY state zip codes all cover small and well-established communities in Westchester County." Below are the Westchester t…
Fairfield, CT
Real Estate
These Fairfield County Zip Codes Have Highest Earners In America
As it turns out, being able to afford the cost of an expensive home does not necessarily mean living in an area where the priciest homes are located. According to a new report by Property Shark, some of the highest paid homeowners in the U.S. live in Fairfield County. These are the Fairfield County zip codes with the top-earning homeowners in the nation. (First number is median owner household income, second number is median sale price): 93. Greenwich (06830): $189,107; $1.45 million 74. Wilton (06897): $198,259; $701,250 58. Norwalk (06853): $204,028; $1.18 million 53. Old Greenwich (06…