Joe Ferguson forever Posted January 5 Posted January 5 wonder why? https://www.marketwatch.com/story/the-hottest-real-estate-market-of-2024-will-be-this-snowy-northeastern-city-zillow-says-f0ae6a64 Quote
BuffaloBill Posted January 6 Posted January 6 Good for the region though state taxes likely to mute potential inflow of people. Quote
That's No Moon Posted January 7 Posted January 7 On 1/6/2024 at 8:58 AM, BuffaloBill said: Good for the region though state taxes likely to mute potential inflow of people. Buffalo's mascot if it were honest with itself. 1 1 Quote
loyal2dagame Posted January 7 Posted January 7 Lake Erie will be the main selling point of this area in 20 years. 1 Quote
boater Posted January 7 Posted January 7 I like Secret Unknown Buffalo. I'm not ready for higher priced housing and other inflationary things that go with it. 1 Quote
Steve O Posted January 7 Posted January 7 I thought this was going to be a thread about a new workout fad, kinda like hot yoga. Quote
Bob Lamb Posted January 7 Posted January 7 On 1/5/2024 at 3:53 PM, Joe Ferguson forever said: wonder why? https://www.marketwatch.com/story/the-hottest-real-estate-market-of-2024-will-be-this-snowy-northeastern-city-zillow-says-f0ae6a64 The housing market here is just fine and affordable. Interest rates need (and will) descend again. Yes, the housing stock is older but if you are at all handy - bargains galore and not in some of the lesser neighborhoods. We bought our first house in Eggertsville in 1975 - $45K. Sold it 12 years later for $56K - put a fair amount of work into. 10 years (2007) sold for for $180K. Something happened because it just sold for $45K last year - it was gutted and flipped and is now listed for $250K - which is slightly high end for that neighborhood. Most of the neighborhood goes $200-$220K. This is old Amherst but close to UB. I will always praise Amherst - the garbage was picked up on time, the streets were plowed in the morning and the Police showed up if you called. No comparison to other national areas. And forget snow (unless you insist on Orchard Park). We just had our 2nd snow of the season last night of 3". My plow jockey just showed with an electric broom 1 Quote
Joe Ferguson forever Posted January 7 Author Posted January 7 Just now, Bob Lamb said: The housing market here is just fine and affordable. Interest rates need (and will) descend again. Yes, the housing stock is older but if you are at all handy - bargains galore and not in some of the lesser neighborhoods. We bought our first house in Eggertsville in 1975 - $45K. Sold it 12 years later for $56K - put a fair amount of work into. 10 years (2007) sold for for $180K. Something happened because it just sold for $45K last year - it was gutted and flipped and is now listed for $250K - which is slightly high end for that neighborhood. Most of the neighborhood goes $200-$220K. This is old Amherst but close to UB. I will always praise Amherst - the garbage was picked up on time, the streets were plowed in the morning and the Police showed up if you called. No comparison to other national areas. And forget snow (unless you insist on Orchard Park). We just had our 2nd snow of the season last night of 3". My plow jockey just showed with an electric broom I think, based on the article, that the supply of good, moderately priced property is scare and buffalo has it. i don't think anyone caught my reference to global warning as a possible factor. people r worried. u couldn't pay me enough to move to Florida. 1 Quote
Bob Lamb Posted January 7 Posted January 7 13 minutes ago, Joe Ferguson forever said: I think, based on the article, that the supply of good, moderately priced property is scare and buffalo has it. i don't think anyone caught my reference to global warning as a possible factor. people r worried. u couldn't pay me enough to move to Florida. I am turning "Old" soon and have lived a major chunk of my life (minus 15 years in SOCAL) in upstate New York. The current winters have been nothing like what the younger me lived through. Of course "climate change" is the current "casus belli" but the window of observation is too short. So, yes - Buffalo will become the Miami of the North, the Great Lakes will not freeze over anymore and the occasional blizzard will be the result. We are ready and have plenty of water on hand. I never took up skiing 1 Quote
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