More than half of Monroe County renters are classified as cost-burdened because they spend more than 30 percent of their income on monthly housing costs. The cost-burdened percentage stands at 54.3 percent, up 1 percent from a year ago, according ...
Tagged with: Real Estate
Read More »
The $29.1 million loan on one of the few remaining properties wholly under the management of Robert Morgan’s Morgan Communities went delinquent in August and the lender is preparing to foreclose, according to the latest advisory from Trepp. Rivers Pointe ...
Tagged with: Real Estate
Read More »
A Rockland County-based real estate investment firm has bought eight apartment properties that were formerly owned and managed by developer Robert Morgan. Berkley Properties LLC of Nanuet earlier this month completed the purchase of Wedgewood West in Henrietta and Brockport ...
Tagged with: Real Estate
Read More »
The Rochester area has the lowest risk in the nation of a housing-market downturn when the next recession hits, according to analysis by Redfin. The technology-powered real estate brokerage says the next recession most likely will not have a great ...
Tagged with: Real Estate
Read More »
The minus sign (-) continues to be the most-used character in the monthly housing market report for Monroe County compiled for July by the New York State Association of Realtors. New listings were down 3.1 percent (to 1,109) compared to ...
Tagged with: Real Estate
Read More »
The supply of homes on the market in July dropped 3.4 percent nationally in a year-over-year comparison, and the Rochester market saw the second-largest decline in the country. There were 1,841 homes for sale in the Rochester metro area in ...
Tagged with: Real Estate
Read More »
Move over, Pittsford and Perinton. And you, too, west side suburbs. The “hottest” area for real estate in the Rochester area is ZIP code 14609. Realtor.com says 14609 is the fifth-hottest ZIP code in the country. The zip includes Rochester’s North ...
Tagged with: Real Estate
Read More »
The Greater Rochester Association of Realtors (GRAR) was encouraged by the region’s first second-quarter bump in pending home sales in four years, but inventory remains scarce in Monroe County. Pending home sales inched upward in the second quarter of 2019, ...
Tagged with: Real Estate
Read More »
New listings fell, closed sales fell, the month’s supply of homes fell and the median sales price rose. That’s the quick-hit synopsis of activity for May in Monroe County from the New York State Association of Realtors report released Friday. ...
Tagged with: Real Estate
Read More »
Rochester was one of seven real estate markets across the country to see a double-digit rise in the year-over-year median listing price in April. An analysis by realtor.com showed the median listing price in Rochester rose 12 percent to $212,500 compared ...
Tagged with: Real Estate
Read More »
Despite a continuing shortage of homes on the market, buyer demand remained strong in the first quarter of 2019, according to the latest Marketwatch Report by the Greater Rochester Association of Realtors (GRAR). Available homes for sale in the region ...
Tagged with: Real Estate
Read More »
Foreclosure activity during the first quarter of 2019 dropped significantly in Monroe County, mirroring the nationwide trend. Total properties in the county with foreclosure filings during the first three months fell to 485, down 27.07 percent from the first quarter ...
Tagged with: Foreclosures Real Estate
Read More »
NY Daily Record Since 1908