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Real Estate

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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County hopes to auction some city properties

Monroe County is looking to auction off three of its properties that make up more than 500,000 square feet of space in the city, including a key portion of the ill-fated Renaissance Square project. On Tuesday, legislators set a public ...

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Work on upscale Pittsford project begins

With approvals all squared away, construction has begun on the Kilbourn Place project, which was first proposed seven years ago. Riedman Companies is developing 41 luxury townhomes and manor and carriage homes on nearly 5 acres of land on East ...

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Carriage Factory holds groundbreaking

Local officials gathered Thursday for a groundbreaking ceremony at the long-vacant Cunningham Carriage Factory, which is being converted into Carriage Factory Apartments. Joining Mayor Thomas S. Richards were Lenny Skrill, assistant commissioner, state Homes and Community Renewal; R. Carlos Carballada, ...

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First Niagara gives land for Buffalo med school

BUFFALO — The University at Buffalo’s plans to relocate its medical school have taken a step forward with the donation of land by First Niagara Financial Group. UB — which actually paid a dollar for the $2 million parcel — ...

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Nothnagle’s new offices

Nothnagle Realtors recently opened three new locations in Amherst, Geneva and Naples. The Amherst branch officially opened for business on Friday at 5462 Sheridan Drive. Nothnagle entered the Buffalo market in February 2012 with the hire of Lisa Avery as ...

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Realtors join forces

Independent Broker Advantage Systems LLC, the technology arm of Nothnagle Realtors, and Real Estate Leadership have formed an exclusive affiliation to deliver growth strategies and technology to real estate brokerages across the country.  IBAS offers Web-based technology built on proven ...

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Former Bagel Bin property sold

The former Bagel Bin property, at 2600 Elmwood Ave. in Brighton, has sold, according to listing broker Howard D. Kravetz of RE/MAX Realty Group Commercial Division. Buckingham Properties will be the managing partner; the seller was Brighton Commons LP. A ...

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