Housing Market Trend

Understanding New York Real Estate Transfer Tax

Real estate transfer tax is levied on the transfer of the real estate. In New York State, this tax is administered by the New York State Department of Taxation and Finance. It applies to all real estate transfers, including residential, commercial, and industrial property. The amount of transfer tax due depends on the value of […]

Home Prices and Property Values in New York

New York City is one of the most expensive markets in the country when it comes to real estate, and home prices have been on the rise over the past few years. The city’s median house price is over $1 million, and prices are increasing in all five boroughs. However, each borough has its unique […]

Buying Or Selling A House In NYC: Understanding New York Real Estate

The real estate market in New York City is complex, and navigating the various regulations, processes, and nuances of NYC real estate requires an understanding of how it works. For those looking to buy or sell property in this dynamic city, gaining knowledge about what’s involved is essential for success.  This article will provide readers […]

Real Estate Transfer Taxes In New York

Real estate transfer taxes are integral to the real estate transaction process and vary significantly from state to state. In New York, these taxes may be imposed by both the State government as well as local municipalities in some cases. Anyone involved in real estate transactions should first gain insight into all aspects of real […]
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