No boom, no bust
USAToday profiles Buffalo’s housing market, one of the few to remain a steady grower while other areas of the country go POP!
While many cities have suffered the effects of subprime mortgages and home foreclosures, Buffalo’s housing market — including suburban areas such as Amherst and Orchard Park — has enjoyed a slow but steady increase in value, Knight says.
“We’ve never had a market that has gone way over the top, and, therefore, we don’t have a market that’s now falling down,” says Bonnie Clement, a broker at Hunt Real Estate.
And because homes remain a relative bargain, she says, they are now attracting more families to Buffalo.
So nice to see an article that’s positive about Buffalo and doesn’t mention snow or chicken wings even once.
Derek – Interesting that USA Today would publish an article about Buffalo. I must have missed it.