Syracuse named one of 12 up-and-coming housing markets (Rochester, Albany: price, land)

[ckhthankgod]

Originally Posted by BellBottomBlues

Central New York home sales down 50% in February: https://www.newyorkupstate.com/news/...-february.html

So the only significance is lower inventory and prices are holding - so why are fewer potential sellers putting their properties on the market if they know prices are holding?

Probably due to waiting for the end of the school year to put their homes on the market, as that is when homebuyers are likely to look. Particularly those with children that may move into a school district for the schools or looking in particular city neighborhoods.

[ckhthankgod]

Looks like Syracuse makes another list: https://i.redd.it/eib2kpbfwfra1.png

https://www.nytimes.com/2023/03/30/r...ng-budget.html

I have been hearing that some are having trouble finding what they are looking for, as some homes get snatched up quickly and with higher bids.

What you can find in the immediate around that price in the article: https://www.cnyrealtor.com/index.php...%20Residential)

Listings in Onondaga County: https://www.cnyrealtor.com/index.php...%20Residential)

Condos/Townhomes: https://www.cnyrealtor.com/index.php...nd%20Townhouse)

other Condos/Townhomes in Upstate NY: https://www.cnyrealtor.com/index.php...nd%20Townhouse)

[ckhthankgod]

For those looking for high end homes in the area: https://auburnpub.com/news/local/aub...30b4d89c1102#2

[bellafinzi]

Syracuse, New York

Getty Images
Ranked the second-best place to live in New York (after Albany) by U.S. News and World Report, Syracuse is a thriving small city in the Finger Lakes region, just south of Lake Ontario. Along with housing Syracuse University, Syracuse also is home to the Everson Museum of Art, which was designed by legendary architect I.M. Pei. For families, there is the Rosamond Gifford Zoo, which is home to more than 900 species of animals. Syracuse is also home to the original — and legendary — Dinosaur BBQ, as well as Eden, a restaurant that serves food sourced from local farms and lakes, which are abundant in the region. You can buy a 1941 three-bedroom house with hardwood flooring or a really lovely one-bedroom condo downtown for less than $150,000.

Median home value: $153,474
Population: 148,620
Cost of living: 21.0% lower than the U.S. average

https://www.marketwatch.com/amp/pick...ss-01648737029

[ckhthankgod]

Here is a video about how the area can meet its housing demands:
https://www.youtube.com/watch?v=qiv8b-A-v0k

[bellafinzi]

Syracuse on another affordable housing list

https://www.housebeautiful.com/desig...e-dream-homes/

[bellafinzi]

10 Best Places To Buy A Home With A Household Income Of $65,000

https://www.rockethomes.com/blog/hou...usehold-income

Syracuse NY ranked 9th best in the country.

[ckhthankgod]

Something to keep in mind…

Shortage of homes for sale continues to hit Central NY housing market, Realtors say: https://www.newyorkupstate.com/news/...ltors-say.html

[ckhthankgod]

Here is a related interview from the CenterState CEO podcast:
https://youtube.com/watch?v=RNOiEB2pDYg&feature=share

[bellafinzi]

https://www.businessinsider.com/home...-photos-2023-6