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Real Estate

Appraisers adapting to HVCC changes

Beginning May 1, Fannie Mae and Freddie Mac began purchasing mortgages only from lenders that comply with the Home Valuation Code of Conduct. Supporters say the code’s policies and procedures do much to ensure the lending and appraisal part of ...

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Realtors using more tools online

Open houses and home tours aren’t a thing of the past, but more and more of today’s real estate business is being conducted across megabytes and Web sites. How much more≠ According to the National Association of Realtors, 87 percent ...

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Old housing, new life

Three city affordable housing complexes have been brought out of the post-World War II era and into current times, thanks to extensive renovations. Work has been taking place at Fernwood Park and Ramona Park on opposite sides of Rochester for ...

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Home sales here see double-digit drop

Area home sales experienced a double-digit drop in the beginning of 2009, a decline area Realtors expected. The first quarter of 2009 saw 1,648 existing single family home sales, down 33.4 percent than sales in the fourth quarter of 2008, ...

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What’s old is new again

Stu Chait’s architectural firm is on the second floor of a building that once housed a saw blade manufacturer in the High Falls district. Brightly-colored furniture and accessories adorn the circa-1800s space, bridging history with 21st century style. The arched ...

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Riverfront project takes shape

After five years of planning, a downtown riverfront housing project is moving forward. Demolition of the River Park Commons housing complex≠on Mount Hope Avenue near Gregory Street began Wednesday. The work will make way for Erie Harbor, a $43 million ...

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It’s Home Show time again

With the economy causing many to be cautious about spending, organizers of the third annual Greater Rochester Home Show recognize that homeowners want to upgrade their homes without breaking the bank. That’s why this year’s show, beginning today at the ...

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Buyers are back!

Local real estate agents are optimistic that home sales will see a jump this spring. While the Greater Rochester Association of Realtors hasn’t calculated sales figures yet, buyer demand has been on the rise so far this year. Real estate ...

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Inspection rule debated

Some Rochester property owners are calling a new city law unconstitutional and fear it could turn people away from renting or buying in the city. “It certainly would deter me,” David Ahl, a city resident and landlord, said. “Why would ...

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Rochester home builders feel more fortunate

Local home builders, just returned from a recent international convention in Las Vegas, have brought back to Rochester some tips on design and news on the industry itself. Fifty-nine members of the Rochester Home Builders Association last week attended the ...

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