Buffalo Real Estate News

Is Your House the Investment to Fund Retirement?

Is Your House the Investment to Fund Retirement?

For many people, your home is your largest asset. Like your parents, and grandparents before them, you expect your home—in some way—to fund your retirement. For some of you, that means selling the home near retirement and using the funds…

Expand Your Space with a Garage Makeover

Expand Your Space with a Garage Makeover

For most of us, the garage is simply a place to park the car, store suitcases and holiday decorations, or stow those miscellaneous tools we need now and again. With a little careful planning, however, your garage can become a…

Buffalo, Who Knew?

Buffalo, Who Knew?

Every once in awhile I like to share videos that I discover on the Internet about the Western New York area and how wonderful a place it is to call home.

Niagara County Distressed Homes – Market Report

Niagara County Distressed Homes – Market Report

Niagara County Foreclosures/Bank Owned/REO Market Report May 6, 2014 There are 49 active listings; the average list price is $67,157, and prices range from $7,500 to $159,500 There are 58 pending/under contract sales, and in the past 30 days there have been 18 closed sales;…

Real Estate Terminology: Ratio

Real Estate Terminology: Ratio

In the vocabulary of real estate, various ratios help buyers and mortgage services determine the viability of a purchase. A ratio is a way of expressing the relationship between two values or amounts. Usually, ratios compare how much of one…

Mortgage Options for Your Home

Mortgage Options for Your Home

You are not alone if you are considering refinancing your home? Mortgage Interest rates are at historic lows. According to the Freddie Mac Quarterly Refinance Report, many homeowners throughout the United States lowered monthly mortgage payments, shortened the length of…

Mortgage Rates and Housing Prices

Mortgage Rates and Housing Prices

Even though 30-year fixed rates dropped in the first half of January, many analysts expect fixed mortgage rates to go up somewhat in 2014, but to top out at around 5%. What this means for buyers is that while higher…

Clearly Seeing Windows in Your Home

Clearly Seeing Windows in Your Home

Updating the windows in your home can be a big investment. However, it can be a great way to improve your energy efficiency, especially as cold weather approaches. Here are a few things to consider as you weigh updating the…

FHA Changes Make it Easier To Buy

FHA Changes Make it Easier To Buy

If you have recently lost your home in a foreclosure, short sale, or bankruptcy, and are looking for a second chance at purchasing a new home, you’ll be excited about this news. Last month the Federal Housing Administration (FHA), recently…

Mortgage Rates Expected to Rise

Mortgage Rates Expected to Rise

Even though 30-year fixed mortgage rates dropped in the first half of January, many analysts expect fixed mortgage rates to go up somewhat in 2014, but to top out at around 5%. What this means for buyers is that while…

Buffalo Waterfront Rivermist Condos – Market Report

Buffalo Waterfront Rivermist Condos – Market Report

Downtown Waterfront Living There is a lot of interest in living in the Downtown Buffalo area, especially the Buffalo Waterfront!  The waterfront village consists of over 200 housing units and the development of the Waterfront village began in the 1970’s…

Buffalo Waterfront – Portside – Market Report

Buffalo Waterfront – Portside – Market Report

Current Market Report: Buffalo Waterfront – Portside April 5, 2014 There are no active, no pending/under contract sales with no closed sales YTD In 2013 there were 2 closed sales with an average sold price of $387,500 spending an average…