Approximately 123,000 households rely on Section 8 vouchers to help pay rent, and the program remains a central tool for addressing housing affordability and homelessness.
If demand picks up notably in the coming months and outpaces supply growth, home prices will inevitably rise.
“HGAR will continue to advocate for policies that promote housing opportunity, protect property rights, and support a fair, transparent, and functional housing market for everyone.”
One of the clearest themes that emerged from our testimony was that the biggest hurdle facing first-time buyers is not necessarily the monthly payment, but the upfront costs required to enter the market.
For real estate professionals, understanding the human and economic drivers behind eviction filings is critical.
Single-family home sales, the region’s largest segment, fell 7.1% to 2,565, while median prices rose 4.7% to $748,500.
Month-over-month pending home sales rose in the Midwest and West, and declined in the Northeast and South.
It is recommended that all real estate brokerage firms, including commercial brokerages, enter into detailed agreements with their buyer/tenant or seller/landlord clients.
Overall, the region remains in high demand, with all areas continuing to experience exceptional competition for homes.
Due to low supply, the median home price reached a new high for the month of January.
Garafalo was the president of the Orange County Association of Realtors in 2011 and the Hudson Gateway Association of Realtors in 2019.
Putnam County, home to Carmel and Southeast, came out on top with a 15.6% increase in home sales from 2024.
Home sales squeaked out a gain in the final quarter of 2025, helped by improving affordability conditions.
As an industry, we must remain engaged in these discussions to ensure policies balance fiscal responsibility with a healthy and competitive real estate market.
Tied to Success simply means we intend to tie every decision, every effort and every initiative to the success of every member of this association.
The City Council passed legislation requiring most residential apartment buildings to provide air conditioning by June 1, 2030.
“Our data shows the market is adjusting rather than declining,” said Richard Haggerty, CEO of OneKey MLS.
Could the region see these exorbitant prices decline? The report states perhaps.
