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Rick Glogowski

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Depew NY April market report

12-20-08
Rick Glogowski
Depew, WNY Market Report, tags: buffalo homes, Erie County, Home Sales in WNY, market reports, single-family homes, WNY Communities Centrally located 10 miles east of the City of Buffalo. The Village of Depew village extends across the boundary between the towns of Lancaster and Cheektowaga. Here is the latest Market report for Depew: As of April 7, 2008 there were 48 single-family homes on the market and 2 pending listings. The average list price of homes for sale in Depew is $117,584 (Highest: $236,900 Lowest: $25,600) From April 1st through the 30th there has been 7 single family homes sold in Depew with an average sold price of $92,660 and spent an average of 85 days on the market (DOM). The highest sold in the last 30 days sold for $117,000 (151 DOM) and lowest sold $72,000 (25 DOM) Average sold price $95,219 (66 DOM)
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Fed Cuts Interest Rates to Historic Low

12-18-08
Rick Glogowski

The Fed pushed its federal funds rate from an already low 1% to a target range of 0 to 0.25%. This marks the lowest point ever for this target rate, which banks charge each other for overnight loans. The funds rate serves as a benchmark for a wide range of loans in the U.S. economy.

The Fed's rate cut was larger than expected, and highly unusual, as the Fed usually targets a specific rate instead of a range. The move highlighted the Fed's determination to act aggressively along with the reality that the U.S. recession is deepening rapidly.

Evidence of that came from the Commerce Department, which reported that housing starts fell 19% in November and 47% on a year-over-year basis. New residential construction has fallen to levels not seen in almost half a century.

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Cheektowaga NY Single Family Homes Market Report 2007

12-18-08
Rick Glogowski
Posted by: Rick Glogowski Licensed Associate Real Estate Broker in Cheektowaga, WNY Market Report, tags: buffalo homes, Erie County, Home Sales in WNY, single-family homes, WNY Communities The community of Cheektowaga NY in Erie county is centrally located to all that Western New York has to offer. 2007 Single Family Sales in Cheektowaga: 752 Sold listings with an average sold price of $86,053 and the average days on the market were 57 days. The highest sold Single Family home in Cheektowaga was a 7 bedroom, 4 bath over 3,000 sf home that was listed from $239,900 and sold for $232,500 and was on the market for 377 days. The lowest priced sold Single Family home in Cheetowaga was a 2 bdroom 1 bath home that was listed for $6,000 sold for $5,500 with no days on the market. Currently Active Homes in Cheektowaga:
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Niagara Falls Real Estate Market Report and Homes for Sale

12-18-08
Rick Glogowski

Niagara Falls Real Estate Market Report and Homes for Sale

Current Real Estate Market Conditions in Niagara Falls

As of December 13, 2008

Niagara Falls New York Real Estate Market Report is as follows:

  • 194 active single-family listings with an average list price of $60,795 ranging from $10,000 to $500,000
  • Seven pending sales in Niagara Falls
  • In the past thirty days there has been a total of 29 closed sales in Niagara Falls with an average closed price of $34,600 spending an average of 72 days on the market
  • Year to date there has been a total of 315 closed single-family home sales in Niagara Falls averaging $55,879 sold price and spending an average of 71 days on the market
    • Highest SOLD YTD - $335,000 - 313 days on the market

    • Lowest SOLD YTD - $5,000 - zero days on the market

More Niagara Falls Stats»

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Carbon Monoxide (CO) Detector or Service Appliances?

09-18-08
Rick Glogowski

Servicing your furnace should not be by passed up because your have a CO detector. Any time you have a back up system and basically what a CO detector is functioning as it shouldn't be counted on because everything can fail. What ever you are servicing a furnace, water heater, stove or dryer they should be service by a qualified service person.

When CO alarms are installed it is recommended that one be installed in the hallway out side bedrooms. The detector can be installed low or high because carbon monoxide mixes well with air in the house. DO not place where furniture or draperies are covering the detector because this will restrict air flow to the CO detector.

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