Buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like never before. Mortgage applications
Housing market conditions improved in May, according to REALTORS® who responded to NAR’s May 2020 Realtors® Confidence Index (RCI) Survey, a survey of REALTORS® about their
As stocks tumbled this past week, mortgage rates quietly shrank to near record lows, which means that conditions are perfect for house buyers, except for
New privately-owned housing units authorized by permits and new housing starts began to bounce back in May, from their COVID-19-fueled free fall, according to data
Builder confidence surged in June, climbing 21 points to 58, which puts the measure back in positive territory, according to the National Association of Home
Ciminelli Real Estate Corporation’s mixed-use development at 201 Ellicott Street is rising. The two-building development includes 201 affordable apartments in a building with five floors
With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving.
Facebook lit up over the weekend when word got out at that Ellicott Development was seeking to demolish a multi-family building at 878 Elmwood Avenue.
Community Bank System has completed its $98.3 million deal for Steuben Trust Corp., wrapping up the second of three recent mergers involving banks serving the
It’s been a frustrating few months for Karl Frizlen and Michael Masters, as they’ve tried to get their Barcalo apartment project off the ground. The
In the award-winning academy film LadyBird, set in Sacramento, CA, a mother-daughter duo who verbally spar with one another throughout the movie suddenly stop their
In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points
The Office of the Comptroller of the Currency (OCC) reported the performance of first-lien mortgages in the federal banking system remained stable during the first
An official recession, a deadly pandemic, and a national reckoning on racism aren’t blunting the housing market’s rebound. As the summer home-buying season gets underway,
The Federal Housing Finance Agency (FHFA) is extending several loan origination flexibilities currently offered by Fannie Mae and Freddie Mac (the Enterprises) designed to help
The Common Owner platform was created to connect real estate developers and businesses with investors in urban areas in order to create or restore economic
The coronavirus outbreak hasn’t made a serious dent in Americans’ willingness to buy new homes or fix up their current houses. The housing market experienced
Town officials saw it coming, even before COVID-19. “Office (space) has been a challenge for a while,” said John Scavo, Clifton Park’s planning director. “It’s
Ten housing authorities and jurisdictions statewide, including Plattsburgh Housing Authority, were awarded technical assistance and up to $500,000 in resources through the New York State
After eight years of wrangling, Amherst officials and the owners of the former Westwood Country Club property are fast approaching a deadline over how
Pilgrim Village is finally about to see some long-promised redevelopment on the 11-acre community north of the Buffalo Niagara Medical Campus, after several years of
New home sales, rather than dropping like a rock, rose 0.6 percent in April according to the U.S. Census Bureau and the Department of Housing
The J.C. Penney store at the Batavia City Centre in Batavia will close, according to bankruptcy documents the retailer filed as part of its Chapter
A four-story industrial building in the blossoming Tonawanda Street corridor is for sale. 133 Tonawanda Street is located at the end of Watts Street and
Sales of new cars and trucks at local franchised dealers rebounded in May from a dismal April. Dealers reported selling 4,664 new units in May,
The Amherst town assessor is firing back at Boulevard Mall developer Douglas Jemal’s bid for a lower assessment on the Boulevard Mall, complaining that the
Four months after ruling that the former owners of the Monarch 716 student housing complex did not owe the lender any additional money after losing
According to the National Association of Realtors, home sales from March 2020 to April 2020 fell 17.8%. Onondaga County Real Estate Broker Martin Carpenter said
Mortgage rates may be appealingly low, but people shopping for a new home this spring face a challenging market. Demand, which was pent up during
Public housing is typically not known for high level design, particularly older complexes. But new construction should at least try to not be so depressing.
