Syracuse Named #3 in Most Affordable Housing Market
Good News for Syracuse, New York! Syracuse has recently been named #3 in the Most Affordable Housing Market category, according to CNN and Fortune Magazine. Home buyers new to the Syracuse, New York area are always pleasantly surprised by the affordability of the homes in our area.
Since we are the essence of all things Real Estate in the Syracuse, and the Central New York market, this comes as no big shock to us. We have been asserting that claim for quite awhile now. But, since this revelation is currently being widely publicized, we thought we’d share the details with you here too. Becoming a homeowner has never been easier, especially in CNY and the Syracuse area. Couple that with the low interest rates our nation continues to enjoy – well, you’ve got one sweet recipe for Dream Home Finder Delight!
While in other parts of the country there is chatter of home values taking another 6 – 8% hit, it certainly doesn’t appear to be the case in our neck of the woods. With the ‘spill’ in the Atlantic and economic woes in the European countries fears linger that the US will also be impacted. This causes investors to look towards bonds for security. In doing so, our interest rates remain historically low and the outlook for this is well into 2012.
So what does all this mean to Syracuse and Central New York buyers? #3 in affordable housing and low interest rates? It’s time to get while the getting’s good – and it is very good, indeed.
Happy House Hunting!
