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08-05-2008, 01:48 PM
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Senior Member
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Join Date: Jun 2006
475 posts, read 449,156 times
Reputation: 223
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wondering if one thinks buffalo is up and coming........?
I was wondering if this could be true.......know that real estate is reasonable there.........
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08-05-2008, 03:05 PM
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Senior Member
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Join Date: Jul 2006
Location: Newfield, NY
354 posts, read 460,857 times
Reputation: 357
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this seems like a loaded question.
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08-05-2008, 08:21 PM
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A proud Urban Photographer of Buffalo, NY
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Join Date: Apr 2008
Location: BUFFALO, NY
1,570 posts, read 1,022,945 times
Reputation: 201
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Quote:
Originally Posted by CBaillo
this seems like a loaded question.
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Indeed - there are many opinions that support or not support this question. A complicated answer is sure to be seen: |
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08-22-2008, 08:58 PM
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Not a member
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Join Date: Aug 2008
789 posts, read 522,223 times
Reputation: 463
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Yeah, up and coming towards the black hole....Buffalo is so already dead. You can thank New York city for all of upstates woes. Upstate cannot afford to attract new businesses because of taxes which are high because of the city.
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08-22-2008, 09:14 PM
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Real Estate Agent
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Join Date: Jun 2007
Location: WNY
937 posts, read 708,839 times
Reputation: 124
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as a real estate agent, I think that the following is true...
Buffalo is an affordable place to buy and rent property
is it up and coming? well it COULD be, the powers that be, will decide that - it definately has the potential with the waterfront and many other positives for sure - I would like to see it.......but I dont want it to create a bubble affect, where the homes sky rocket and then downward turn - we have a very very stable market, homes sell at a good price quickly if priced right - and I assure you those that are priced correctly not under or over will sell within 3 months tops...
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08-22-2008, 09:57 PM
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Senior Member
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Join Date: Aug 2008
Location: Buffalo NY
331 posts, read 130,075 times
Reputation: 75
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If you are looking for an affordable place to live with relatively stable, consitent growth in real estate value, I think it is a good place. If you think Buffalo will be the city to see the next ridiculous real estate boom with prices skyrocketing beyond imagination, you better invest elsewhere.
There are signs of some good stuff happening here. However, on the grand scheme, none of it is earth shattering huge. IMO, this area is doing better than it has for a long time, but it's not a hotbed for growth.
Unless the State wants to fix some very deep, serious economic woes, and cut taxes a TON (and not just pass expenses on to local governments as they are doing now), then this area is not going to suddenly boom.
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