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

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 ...

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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 ...

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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

With the foreclosure sale of the Monarch 716 apartment complex in Buffalo less than two weeks away, another student housing community developed by DHD Ventures’ partners Thomas Masaschi and Jason Teller was repossessed in February and is headed to market ...

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A Florida-based mortgage lending firm has filed suit against Robert Morgan, his nephew Kevin Morgan and a limited liability company they created, alleging fraudulent filings with regard to a mortgage-backed apartment community in Watertown. The suit seeks $2.5 million in ...

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The vast majority of Rochester-area ZIP codes fared better than the national average when it comes to seriously “underwater” properties. The Year-End 2018 U.S. Home Equity & Underwater Report released this week by Attom Data Solutions revealed that 8.8 percent ...

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Robert Morgan says claims that he misappropriated funds within his real estate empire by hiding the proceeds from the sale of four apartment communities in Texas—accusations made by brother Herbert Morgan last summer—are “patently false.” Those mismanagement accusations were part of ...

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Neither Rochester, New York, nor Allentown, Pennsylvania are considered high-risk areas for disasters like hurricane, tornadoes or catastrophic flooding. But Jeremias Maneiro, a real estate broker based in Rochester, can remember heavy rains a couple of years ago that flooded ...

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The management branch of Robert Morgan’s embattled real estate and development operation has been sold to his former chief operating officer. Scott Cresswell, along with other investors, purchased Morgan Management in June and renamed the firm Grand Atlas Residential Realty ...

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Howard Hanna Real Estate Services has been ranked No. 1 in the Rochester market in REAL Trends’ 2017 Market Leaders Report, officials said. In 2016 the real estate firm had 10,849 closed transaction sides—more than four times the number of ...

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The housing market in Rochester remains steady with increased sales of new homes, home building in demand, and low mortgage rates, officials said Thursday. But 2017 has presented some challenges to home building—mainly weather. “We’re status quo,” said Rick Herman, ...

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