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Housing

Market changes lead to increased home sales

Consumer confidence and fluctuating mortgage interest rates appear to be driving an increase in homes sales for the second quarter of 2013. While closed sales are down 4.1 percent, 2,906 to 3,029, from the second quarter a year ago, they ...

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City tax bills due July 31

The city or Rochester has completed mailing its 2013-2014 property tax bills to property owners who do not have escrow arrangements with their mortgagee. Residential property owners who have not received their tax bill are urged to contact the city’s ...

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Housing plans discussed in Perinton, Pittsford

A public hearing is planned on a housing project proposed in Perinton, while work on a large housing project proposed in Pittsford may begin by the end of the year, pending approvals. Pride Mark Homes is the builder involved in ...

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Revised Pittsford housing plan criticized

The plan for new housing in an upscale and historic Pittsford neighborhood might have changed slightly, but many neighbors remain opposed to the idea. And there is still no decision from the town Planning Board on a concept plan for ...

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Record profit signals healthier Fannie Mae

WASHINGTON — Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter. And it made clear it’s on the cusp of repaying taxpayers for the ...

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RealtyTrac: US home repossessions fell in April

LOS ANGELES — Fewer U.S. homes entered the foreclosure process or were repossessed by lenders last month, the latest indication that the nation’s foreclosure woes are waning. Nationally, home repossessions fell 20 percent in April from the previous month and ...

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Agent could be featured on ‘House Hunters’

Movie crew members filming “The Amazing Spider-Man 2” in Rochester may be leaving town by the end of the week, but the area may not be out of the camera lens for long. “House Hunters” soon may be paying a ...

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Eastman Commons holds celebration

The official opening of Eastman Commons, a new affordable, supportive housing development in Rochester’s historic Maplewood neighborhood, was celebrated Wednesday by Common Ground, New York State Homes & Community Renewal, Rochester Mayor Thomas S. Richards and other public and private ...

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No decision on Pittsford housing plan

A decision on a controversial housing plan proposed for a Pittsford neighborhood rich in history appears a ways off. But some Pittsford town staff and representatives from the developer of a proposed subdivision will meet in an attempt to iron ...

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Q1 home sales down, but prices are up

It could be that last year at this time, home sales for the first three quarters of the year had increased to traditional levels experienced before the economic slowdown. It could be the dismal weather the region is experiencing, particularly ...

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Survey shows optimism in real estate market

A new national real estate forecast indicates renewed optimism for growth in commercial real estate and even stronger expectations for housing than those made just six months ago. According to the latest semi-annual Urban Land Institute/Ernst & Young forecast released ...

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RealtyTrac: US home repos fell in March

LOS ANGELES — The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation’s foreclosure crisis is abating amid an improving housing market. While some ...

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