Housing market impacting rental properties, fewer options and higher prices
ROCHESTER, N.Y. – For Carolyn Anderson and her family, the idea of buying a new home was put on the backburner, knowing prices were skyrocketing.
August 9, 2021
ROCHESTER, N.Y. – For Carolyn Anderson and her family, the idea of buying a new home was put on the backburner, knowing prices were skyrocketing.
ALBANY, N.Y., July 22, 2021 (GLOBE NEWSWIRE) — Median sales prices continued to rise in the Empire State in June while the number of homes
On the afternoon of Aug. 2 the Amherst Town Board held a brief special board meeting to approve the implementation of the requested settlement by
Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 2.90 percent. “Mortgage rates decreased this
Fannie Mae recently sent out updates notifying appraisers of specific changes to several categories. Asset documentation requirements for refinance transactions changes were made reducing the
Predictions the pandemic will have a long-lasting impact on office space has yet come to pass, according to national valuation and commercial real estate firm
Canadian developer Harry Stinson is proposing to construct a $150 million condominium tower adjacent to the Buffalo Grand Hotel in downtown Buffalo, in the latest
KINGSTON, N.Y. — Inside a Victorian house flecked with chipping white paint, 65 group home residents must suddenly find a new place to live, an
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over
A multiple unit Allentown building has traded hands. Allentown Dormitory LLC purchased 531 Franklin Street on Friday for $381,500. The seller, Richard Panicali, paid $245,000
After ShipBob decided last July to let staffers work from anywhere, the logistics start-up had its landlord erect a wall in the middle of its
KeyBank’s consumer mortgage business, which has a strong connection to Buffalo, continues to boom. Key reported $3.7 billion in consumer mortgage originations during the second
Five Star Bank made a nice profit last month when it sold the former Buffalo Hotel Supply warehouse in Amherst after a foreclosure. Uniland Development
Most of us have a pretty good idea of what a condominium or townhouse is — it’s a home you own within a multi-unit building.
The coronavirus pandemic has shifted how people conduct business and where they choose to live, resulting in massive disparities in both income and lifestyle. But
Since “urban renewal” and the collapse of industry decades ago, a large portion of downtown Niagara Falls has felt trapped in a time warp. There
GAR Associates Partner David M. Barnett, SRA, has received the prestigious designation MAI (Member of the Appraisal Institute) from the Appraisal Institute. In a congratulatory
After completing a two-family residence for a customer on S. Division Street, Buffalo Bungalow is targeting North Buffalo for its next infill home. The builder
A sprawling shopping mall in Syracuse, New York, may be driven into one of the biggest municipal-bond defaults since the onset of the pandemic. Already
Norstar Development USA is constructing 166 rental units along Niagara Street where the Paul Rudolph-designed Shoreline Apartment complex was demolished. Eighteen new buildings are being built
The cost of commercial real estate development is up significantly this year amid dramatic increases in domestic steel and lumber prices. The increased costs are
BELVIDERE – When Charlie Bares looks out across hundreds of acres of rich soil in this Allegany County hamlet, he sees the alfalfa and corn
505 Pearl Street was sold yesterday for $1.3 million. The seller was Rhino Room LLC, an entity of the estate of Mark Croce. The six-story,
The current housing market features plenty of prospective buyers but few sellers, and is likely to make housing inequality and the racial wealth gap much
An Elmwood Village infill apartment complex has a new owner. LRHK Properties LLC purchased 367 Elmwood on Friday for $1.47 million. 367 Elmwood LLC was
Adistributor of RV replacement parts, a residential and commercial contractor and a custom homebuilder are seeking tax breaks from the Clarence Industrial Development Agency this
If the past year has taught us anything about real estate, it’s that our collective need and desire to move is greater than anything the
ROCHESTER, N.Y. (WHEC) — The sticker shock comes in the mail when people see what their town thinks their house is worth. We are coming out
Douglas Jemal has a full plate of downtown projects but is hungry for more. In the homestretch of redeveloping Seneca One and the former Police
What if, 10 years ago, we told you that Buffalo will have a giant spaceship-looking building on the waterfront where you can hit golf balls
