It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie […]
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent […]
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking […]
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening […]
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what […]
A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and ensure you’re feeling […]
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.
If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process harder than it could be.
If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.
5 Benefits of Living in a Waterfront Property Buying a new house can be tricky. We need to pay attention to so many things when looking at home; it may be overwhelming. Still, have you ever thought about living next to Lake Ontario, for example? Has a body of water even made that list? Think […]
Great Lakes Real Estate donates $1,000 to the Lewiston Family Ice Rink in Lewiston, NY. Bruce Andrews, president and owner of Great Lakes Real Estate presented the check to Bill Geiben and Rob Morreale on behalf of the Town of Lewiston.
If you are asking yourself whether you should rent or buy a home, you should undoubtedly be happy that you have the ability to choose. However, that blessing does come with a few obstacles. In unpredictable times such as those we have been powering through in the past couple of years, making the wrong move […]
Great Lakes Real Estate agents support the Niagara County SPCA. Our agents collected $534.00 for the wonderful operation at the SPCA. It takes special people do to what they do. Pets are members of our family and nobody knows that better than the staff and volunteers at the SPCA. Thanks for all that you do!
Hello real estate friends. We are officially reopened! Real Estate is part of phase 2. Our agents our ready to go so help our customers to sell their home or help our buyers find their dream home. We are operating under strict safety guidelines. Your safety is number 1 to us all. We can show […]
Like most areas of the country, the Corona Virus has wounded the real estate market in Buffalo, NY. But compared to other local communities Buffalo NY has not suffered as much when it comes to sales. Real estate sales were only off by 3.7% compared to March of 2019. There were 79 new listings compared […]
Niagara Falls NY Real Estate Sales Statistics for March 2020
Compared to March of 2019, the number of available new listings in Niagara Falls NY are lower by 12.5%. Pending sales in Niagara Falls are down by 28% and closed sales are off by 13.8% compared to the same time in 2019. The good news is the average sale price is up by 22% over […]
Most likely due to the Corona Virus issue and not surprisingly real estate sales have dipped in March. Compared to March of 2019, new listings in Lewiston NY are off by a whopping 47.1%. Pending sales in Lewiston are down by 38.5% and closed sales are off by 41.7% compared to the same time in […]
If you are thinking of buying or selling a home you need to be aware of a federal law that requires sellers to disclose that the home may contain lead based paint if it was built before 1978. In addition, the seller must disclose whether the home has been tested for lead based paint or […]