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Housing

First quarter home sale numbers up

The housing market’s recovery may have stalled, nationally (according to the National Association of Realtors), but Rochester area Realtors, builders and mortgage bankers reported noticeably stronger housing numbers for the first quarter of 2012 in the Genesee Region. Unusually warm ...

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Program to benefit homeless veterans

The Obama administration, the U.S. Department of Housing and Urban Development and U.S. Department of Veterans Affairs want to help over 10,500 homeless veterans find housing and receive the supportive services they need to get back on their feet. “It’s ...

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Parcel remains vacant

Future development of a prime commercial site in the town of Penfield, the subject of a recent foreclosure proceeding, is still up in the air. Matthew Hearle, a partner in the New York City law firm Goldberg Weprin Finkel & ...

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Declines seen in lead poisoning litigation

Lead litigation has generally declined in Rochester over the past several years, although new recommendations by a committee of the Centers for Disease Control and Prevention could tighten lead poisoning standards. In January, the CDC’s Advisory Committee on Childhood Lead ...

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‘City Living Sundays’ are back for 20th year

The dates for the 20th annual “City Living Sundays,” which start this weekend, have been released. City Living Sundays is a consortium of area lenders, neighborhood associations, private businesses, the Greater Rochester Association of Realtors, The Landmark Society of Western ...

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Rental real estate market still strong in Rochester

National studies by real estate investment company HomeVestors of America, Inc., in conjunction with real estate forecaster Local Market Monitor, continue to identify Rochester as one of the best cities in the country for rental property investors, based on first ...

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Buffalo announces foreclosure changes

On Tuesday, Buffalo Mayor Byron W. Brown announced sweeping changes to the city’s property tax foreclosure process. Historically, Buffalo filed foreclosures on properties owing any amount of fees to the city after one year, but will now limit those foreclosure ...

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HUD awards public housing improvement money

The U.S. Department of Housing and Urban Development announced it will issue over $321 million to public housing authorities across the state of New York for major repairs and improvements pursuant to its Capital Fund Program. The Rochester Housing Authority ...

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Homebuilder optimism rises for 5th straight month

WASHINGTON — U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins. The National Association of Home Builders/Wells Fargo said Wednesday that its builder ...

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Real estate activity mostly flat in 2011

Home buying activity in the Genesee Region in 2011 was similar to 2010, according to statistics released by the Greater Rochester Association of Realtors on Friday. Representatives of GRAR, the Rochester Home Builders Association and the Mortgage Bankers’ Association of ...

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