Syracuse Realtors See Strong Market

To keep the theme that a housing bubble will not affect every community,  Syracuse realtors are looking for a strong year. Certain markets are going to  have a rough time, but the  majority of the country will see the  steady 4–8 percent growth that we see year after year.

Jeff Roney, the new president of the Greater Syracuse Association of Realtors, says he expects 2006 to be another strong year for the real estate market in Central New York.
“I think the fundamentals are very solid, and that we should have a very good year in ‘06,” he said. “It should be a similar year, in my opinion, to ‘05.” 

The median price of the 449 homes sold during November in Onondaga County was $125,000, up 9.2 percent compared with the median price in November 2004, according to the New York State Association of Realtors.

Half of the houses sell for more than the median, half for less.

In Cayuga County, the median price in November was $88,700, up 12.4 percent; in Madison County, the median was $95,000, up 3.5 percent; in Oswego County, the median was $70,000, down 7.3 percent. via  Syracuse.com

Related posts:
  1. Senior Housing A Strong Point In Market
  2. Where Are The Home Buyers?
  3. Top 10 Counties For The Highest Property Taxes
  4. National Association Of Realtors Calling For A Bailout?
  5. Sales Up, Prices Down For December 2008

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