Monday, February 9, 2009

Healthy Syracuse Real Estate Market

When people ask me " So how is the real estate market in Syracuse doing?" They are often surprised to hear me say, "It is doing fine!" And that is the truth. For sure, it is not as robust as it has been in the past couple of years but it is very healthy. Forbes.com recently listed Syracuse as the fourth strongest market in the country. For those of us who are working "in the real estate trenches" what we are seeing is people who have decent credit and some money put aside for a downpayment and they are buying. They are buying homes that are accurately priced, in good condition and show well. Of course, we are hoping that the economic stimulus package will help us out of the financial crisis our country is experiencing. What Syracusans can be happy about is that we do not have as far to climb up and out of the financial pit that most people do. WE have great housing stock and great prices. What part do professional real estate people play in all of this. Check out my next entry!

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