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Buffalony

All articles tagged with #buffalony

"2024's Top U.S. Housing Markets Revealed: Upstate NY and Ohio Trends"

Originally Published 2 years ago — by newyorkupstate.com

Zillow has named Buffalo, New York, as the hottest housing market in the United States for 2024. Factors contributing to this prediction include a high demand for new houses, a low number of homes for sale, an increase in new jobs, steady home values, and a surge in newly-approved home construction projects. Buffalo's economic fundamentals and the pace of the housing inventory are key reasons for its top ranking, outpacing other cities in Ohio, Indiana, and Rhode Island. This announcement comes shortly after Buffalo was recognized as the best city in America by Clever Real Estate and the nicest city by Reader's Digest.

business real-estate-housing-market buffalony economicgrowth housingmarket real-estate-housing-market realestatetrends zillow

"Great Lakes Cities Dominate Zillow's Top Housing Markets for 2024"

Originally Published 2 years ago — by MarketWatch

Zillow's report predicts Buffalo, New York, to be the hottest housing market in 2024, despite its snowy reputation. Factors contributing to this forecast include Buffalo's relatively low home prices, with a typical home valued at $248,445, strong job prospects, and a high number of jobs per new housing unit. The city's economic growth is further supported by federal funding to develop a semiconductor manufacturing hub and revitalization efforts like the "Buffalo Billion" initiative. Other notable cities on Zillow's list include Cincinnati, Columbus, and Indianapolis, chosen for their affordability and strong employment, which provide opportunities for young buyers.

business real-estate buffalony economicdevelopment housingmarket real-estate realestatetrends zillowreport