U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > Buffalo area
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-02-2016, 10:16 AM
 
177 posts, read 108,046 times
Reputation: 77

Advertisements

Buffalo NY Rated Worst Real Estate Market in the US by the Urban Land Institute

Buffalo (78). Buffalo, New York, has recovered
all of the jobs lost during the last recession, but the
economy has failed to build any positive momentum.
Health care employment has been growing,
largely due to the older average age of the city’s
population. Going forward, slow demographic
growth will be a headwind to health care employment
gains. Buffalo’s urban core has struggled
recently, with the 2015 population falling by the
most in seven years. The city has programs dedicated
to revitalization of the urban core, but in the
near term, residential and retail growth will likely
be confined to relatively small pockets.

http://uli.org/wp-content/uploads/UL...ments/ET17.pdf
Reply With Quote Quick reply to this message

 
Old 11-02-2016, 11:16 AM
 
56,264 posts, read 80,446,330 times
Reputation: 12413
I believe this is based on jobs and affordability alone and I believe for metro areas with at least 1 million people, which is a little bit different from the worst housing market in the country. https://www.google.com/amp/www.cbsne...?client=safari

This report is different from this relatively recent report: https://www.google.com/amp/wivb.com/...?client=safari

Or this report from 6 months ago: Housing Boom: Buffalo Now Ranked #1 Housing Market in the Nation

Or this report: https://www.google.com/amp/buffalone...?client=safari
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 05:44 PM
 
2,998 posts, read 4,685,897 times
Reputation: 2106
Who cares!! Just find a place to live. Screw all the stats. I know I've lived in the west coast and southeast.
Reply With Quote Quick reply to this message
 
Old 11-02-2016, 07:24 PM
 
4,135 posts, read 9,395,663 times
Reputation: 2687
And the answer is:
Stats won't fit every person. If you live here and can afford to and like it? Stay.
If you don't. move on but do not complain about a great place to live. (** Yes, my 2 daughters, in their 30s, both found good jobs, bought homes and are raising families here as well. Not everyone leaves)
Reply With Quote Quick reply to this message
 
Old 11-03-2016, 04:29 PM
 
2,328 posts, read 5,043,631 times
Reputation: 2746
How stupid. There is a shortage of single-family house listings in desirable area. Neighborhoods that you would not have been caught dead in 10 years ago are being revitalized. Compared to 2007, I bet price appreciation in those nice areas are among the highest in the US.
Reply With Quote Quick reply to this message
 
Old 11-03-2016, 05:19 PM
 
2,998 posts, read 4,685,897 times
Reputation: 2106
There are no perfect places folks. I lived in San Diego. Besides the best weather, San Diego has it share problems.
Reply With Quote Quick reply to this message
 
Old 11-05-2016, 07:46 AM
 
871 posts, read 1,305,617 times
Reputation: 1086
I moved to the city of Buffalo in 1990. It's only been getting better since then. Granted, I bought housing when it was relatively cheap and I didn't suffer through the real-estate decline between 1990 -> 2000 (as I was renting), but after I purchased, I've made out pretty well so far. There is a bit of a housing bubble moving through parts of Buffalo. There are doubles on my street selling for $220K+. I suspect when the market settles these houses will be in the high $180's. That's roughly a 20% drop from where we are today. Of course, I could be wrong, but that's my prerogative.
Reply With Quote Quick reply to this message
 
Old 11-06-2016, 09:23 AM
 
177 posts, read 108,046 times
Reputation: 77
Quote:
Originally Posted by bmd69 View Post
There are no perfect places folks. I lived in San Diego. Besides the best weather, San Diego has it share problems.
Nice try, San Diego is booming and growing as well as just about every city except for Buffalo NY


CBRE’s 2016 annual markets city's ranks & list in the U.S. and Canada just came out. Go down to the list's where CBRE ranks all the city's that are adding tech jobs, filling and adding office space etc... Buffalo is not even on one list. Even Detroit is doing better then Buffalo


Daily Business Report-Nov. 3, 2016, San Diego Metro Magazine
Reply With Quote Quick reply to this message
 
Old 11-06-2016, 10:44 AM
 
56,264 posts, read 80,446,330 times
Reputation: 12413
Quote:
Originally Posted by Casey22 View Post
Nice try, San Diego is booming and growing as well as just about every city except for Buffalo NY


CBRE’s 2016 annual markets city's ranks & list in the U.S. and Canada just came out. Go down to the list's where CBRE ranks all the city's that are adding tech jobs, filling and adding office space etc... Buffalo is not even on one list. Even Detroit is doing better then Buffalo


Daily Business Report-Nov. 3, 2016, San Diego Metro Magazine
It is for the 30 biggest tech markets.
Reply With Quote Quick reply to this message
 
Old 11-06-2016, 12:18 PM
 
177 posts, read 108,046 times
Reputation: 77
Quote:
Originally Posted by ckhthankgod View Post
It is for the 30 biggest tech markets.
That's probably why everyone's leaving WNY, which has been losing population every single year for the last 45 years in the roll and it's now speeding up to over 5,236 long term residents left in one year in the last census
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > Buffalo area
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top