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Tag Archives: Real Estate

‘Cost-burdened’ renters on the rise in Monroe County

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 ...

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Morgan down to just eight managed properties after sale of eight others to downstate firm

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 ...

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Housing market report shows more declines in Monroe County

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 ...

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Rochester saw country’s second-largest drop in homes for sale

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 ...

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Forget 90210; 14609 is the fifth-hottest ZIP code in the country

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 ...

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Despite low inventory, buyers reluctant to overpay on a house

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, ...

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Median home prices inch higher as inventory remains low

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. ...

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