Georgetown
REAL ESTATE
Thousands of N.Y. homeowners must find new property insurance providers
NEW YORK — Two property insurance companies are leaving the state of New York, meaning tens of thousands of homeowners must find new coverage fast. In parts of Long Island, that won't be so easy.Adirondack Insurance Exchange and subsidiary Mountain Valley Indemnity are leaving the state by the end of 2024, asking customers to "identify options for replacement" now. The New York Department of Financial Services (DFS) is overseeing the exit."I believe that DFS is doing everything they can to try to make this work," said licensed insurance agent and broker Jason Bartow. "Unfortunately, I think this kind of came...
How Long It Takes To Sell a House in New York
Are you are one of the people that are considering leaving New York State? Have you wondered how long it might take to sell your house when you put it on the market?. Cash For Home has the answer because they dug around and it turns out that New York is 46th on the list of states where it takes the longest to sell houses. Ouch!
Rental Rates Approaching Unaffordable Levels In Western New York
The housing market in Buffalo has been in rare form over the last few years as housing prices have been increasing at a rate that has not been seen in generations. The Western New York housing market continues to explode with double-digit percentage increases year over year since before the pandemic in 2019. These increases are happening in both the rental and home sales markets.
New York State Among the Toughest for First-Time Homebuyers
Many of us dream of the day that we buy our own house. However, if you're thinking about owning a home in the Empire State, brace yourself. A recent study ranked New York as one of the toughest places for first-time homebuyers to save up for that their house deposit.
Relocation for Resilience: Protecting Homes and Businesses from Climate Change
This is a companion piece to Retrofit for Resilience: Protecting Homes and Businesses from Climate Change. In the United States, relocation as a method of flood-risk negation has a lengthy history dating back to Tennessee in the 1930s. Towns would purchase properties out from owners in order to install dams that would ideally mitigate further water damage from heavy storms.
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