You may have found it was difficult this year to get into your dream home. A prime reason for this issue was the lack of homes on the market. In WNY, there was what % of fewer homes on the market in 2013?
According to the Buffalo Niagara Association of Realtors, inventory was down almost 20% in 2013. The graphic above shows home numbers nationally in November. We had a similar bump here as well, but over the course of the year found that prices were up 5% locally and houses were on the market for almost 12% less time before selling than the previous year.
Time to kick up the thermostats! Speaking of which, how much would you guess the average Buffalonian will spend on heating bills this winter?
According to National Fuel, we’ll be forking over $714 to keep our homes toasty this season.
Plymouth, Massachussetts was quite a popular piece of real estate back in 1612. Ever wonder how many attendees gathered there to celebrate the First Thanksgiving?
It’s estimated that 53 pilgrims and 90 members of the Wampanoag tribe observed the 3-day feast together. Although we’re now limited to just one day of feasting and maybe some leftovers, may you enjoy your Thanksgiving–whoever you’re with!
Buffalo has a rich history. Old grain elevators and empty silos tell lively stories of the city’s industrious past; they serve as a promising reminder of its potential. Buffalo is not merely reminiscing. Productivity and prosperity are active in the area’s diverse communities: food and dining, the arts, the nightlife, parks and recreation, and waterfront development, to name a few. We are alive and well.
What draws one to Buffalo? Maybe the Queen City is undeniably a place to call home. Maybe word of its kind residents, vibrant art scene or the improvements along its waterfront peaks an interest. It is rumored that Buffalo is losing its natives—but as often as some leave, I continue to see proof of more returning.
This City of Good Neighbors is a welcoming committee just waiting to happen. Even the houses of Buffalo are standing with open doors. Large properties at delightfully low rates make for an optimistic housing market. From the top of City Hall, you can see Buffalo has so much to offer, so much to be a part of, and so much to love.
The article below appeared over the summer and does a better job than most in painting a picture of the Buffalo those of us that live here know. If you haven’t seen it, it’s worth a read now:
To view the article that inspired ours, click here.
$196,000 — that was the average price of a preexisting home this year. Can you guess what next year’s projected price is?
The projected price for 2014 is $207,000. That’s a full $30,000 higher than in 2012!