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Area Market Report

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Latest Real Estate News

  • Why Western New York Still Looks Affordable Compared to the Rest of the Country
    Why Western New York Still Looks Affordable Compared to the Rest of the Country -

    When people relocate to Western New York from other parts of the country, one of the first reactions they often have is surprise. For buyers coming from larger metro areas, the home prices here can feel dramatically different from what they’re used to seeing. In many cases, buyers who might struggle to find a starter […]

  • Why Some Homes Sell in Days — While Others Sit on the Market
    Why Some Homes Sell in Days — While Others Sit on the Market -

    If you’ve been watching the housing market in Western New York, you’ve probably noticed something interesting. Some homes seem to disappear almost immediately after they hit the market. Others sit for weeks — sometimes even months — without serious offers. Buyers often assume it’s simply about price or location, but the truth is a little […]

  • One Key Sign We’re Not Headed for a Wave of Foreclosures -

    Foreclosures are ticking up. And that may make your mind jump straight to thoughts of 2008 – specifically to what happened to the market during the housing crash. So, let’s do exactly what your brain already wants to do, and see if there’s any connection there. The simple truth is foreclosure filings are rising. But […]

  • If Your House Isn’t Getting Offers, Read This. -

    Online searches for “can’t sell house” just hit an all-time high according to Google Trends. So, if your house has been sitting on the market without any bites, you’re not the only one. But it’s also not the end of the road.  Homes are selling every day, so you can turn this around. You just […]

  • Should You Wait for Lower Rates? -

    Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one. A lot of buyers are treating the 5s like some kind of magic […]

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