New York

How boomer housing dominance is forcing agents to retool

Baby boomers’ decades long control of U.S. housing wealth is not just locking out younger buyers, it’s forcing significant changes to a real estate agent’s job description. Top-producing agents told HousingWire the industry continues to pivot toward multi-generational advisory work. Academic research has confirmed why; agents who cannot navigate trusts, estate planning and family gifting […]

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Howard Hanna NYC taps business development head

Hal Gavzie has joined Howard Hanna NYC as executive director of business development — expanding the firm’s leadership bench in New York City. Gavzie — who brings more than 25 years of brokerage leadership experience — said he’ll focus on growing Howard Hanna NYC’s footprint in the city by recruiting agents, expanding listing inventory and

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US Bank sees legal setbacks in New York foreclosure suits

A New York court ruled against U.S. Bank in its effort to retroactively pursue a years-long foreclosure case that the state deemed unenforceable.  Processing Content A New York appellate court denied an appeal by the bank to reverse a 2023 legal decision that stated the bank’s attempt to foreclose on defendant John Williams in 2019

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Trump, NYC mayor talk $21B affordable housing plan

President Donald Trump and New York City Mayor Zohran Mamdani met at the White House Thursday to discuss a multibillion-dollar affordable housing plan. Processing Content Mamdani is seeking $21 billion in federal grants for a construction project at Sunnyside Yard, which would allow the city to build 12,000 new affordable homes, create 30,000 union jobs

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Americans are moving less frequently — and staying closer to home

Fewer Americans are packing up and relocating, and when they do move, they are likely to stay within their current region, according to a new analysis published by Bank of America. The findings suggest that the era of a dramatic nationwide migration has faded, replaced by a quieter trend of households trading one nearby city

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Early Alexander Brothers accuser found dead in Australia

Kate Whiteman, an Australian woman whose sexual assault allegations against real estate broker Oren Alexander and his twin brother Alon Alexander spurred similar claims from others, was found dead near Sydney late last year, Australian authorities said. A spokesman for the New South Wales coroner confirmed the death, which was first reported by the New

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Boston emerges as hottest large metro market entering 2026

Boston has emerged as HousingWire’s hottest major metropolitan housing market heading into 2026 — fueled by chronic supply shortages, rapid sales and a job base that continues to outpace national trends. Local experts say the metro’s long-standing economic strength and global pull are driving competition even as interest rates and broader economic uncertainty persists. Todd

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New York raises senior property tax exemption to 65%

New York Gov. Kathy Hochul has signed legislation to expand property tax exemptions for seniors to up to 65% of their home’s assessed value, raising the ceiling for the first time in decades from the previous 50% cap. “No New York senior should lose their home because they can no longer afford their property taxes,”

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High-end metros see price drops, longer selling times

Pricier metropolitan areas are posting a noticeable slowdown as high-end homes take longer to sell. The top 10% of metro markets — those with median prices above $666,464 — recorded a 2.5% year-over-year price decline in October, HousingWire Data shows. Average home prices in these metros fell from $1.04 million to $1.01 million, marking a

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Foreclosure activity up nearly 20% in October

ATTOM released its October 2025 U.S. Foreclosure Market Report, showing 36,766 properties with foreclosure filings — including default notices, scheduled auctions or bank repossessions — a 3% increase from September and more than a 19% increase from a year ago. October marked the eighth straight month of year-over-year foreclosure activity increases, with completed foreclosures up

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