As the housing market became downright frothy over the last few years, and buyers lost out on one house after another with ever-growing frustration, one common theme remained consistent throughout:
In Buffalo Niagara, prices continue to rise, even if the continued shortage of homes for sale has led to a nearly 20% drop in closed sales during the first half
Homeowners, reluctant to give up the 3% to 4% mortgages they took out within the past decade, are deciding to stay put, rather than try to sell and be forced
Hiring across the region has picked up since school let out, with the return of legions of students helping to ease the labor shortage that has put a crimp on