The Christian Science Monitor pretty much just nailed a summation of Buffalo as a place with stable real estate values, while throwing a couple of extra kudos in for good measure (see here). Buffalo rounded out the top city bucking the real estate slump, and at the same time threw in a sweet photo of a couple of kids tubing at the Outer Harbor. Even the couple of digs towards the end wasn’t enough to sour the sweet taste of the overall tone, which ended with, “Forbes magazine earlier this year rated it the 10th best place to raise a family in the US.” Here’s a taste of the good stuff:
“Buffalo is tops among metro areas in terms of home-price appreciation.
The median sales price of existing single-family homes has risen from
$104,000 in 2007 to $121,400 in the second quarter of 2010, a 17
percent increase. Employment, buoyed by the presence of several
health-care facilities and the State University of New York at Buffalo,
is at an 11-month high and the unemployment rate is well below the
national average.”
Property – Buffalo, NY