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New York
New York Real Estate - The
Empire State
by Raynor James
From Niagara Falls to the Catskills to a little city with the Big Apple
nickname, New York is truly the Empire State. New York real estate prices
reflect this lofty nickname.
New York
While New York City gets a lot of publicity, New York is a state with a lot
more to offer. Go upstate and youll find spas, horse farms and resorts in the
green, towering Catskills and Adirondacks. Lakes and springs present throughout
the state are also popular places to live and visit. Of course, if city life is
your thing, theres a little, unassuming place called New York City.
New York City
Where does one even begin to describe New York City? Im not even going to try
other than to say it is perhaps the dominant "big city" in the world. Space is
at a premium and so are real estate prices. This is one of those situations
where if you have to ask about the price of a home, you cant afford it.
Buffalo
The second largest city in New York, Buffalo is a misunderstood city. Known
for getting massive amounts of snow in the winter, Buffalo actually has a lot to
offer. A very wealthy town during the industrial revolution, the town has
beautiful art-deco architecture and historic Victorian homes in the downtown
area. A bit sprawling in the suburbs, Buffalo offers reasonably priced real
estate compared to the rest of Niagara Falls. Lake Erie to the west of Buffalo
makes a great setting for summer fun.
Rochester
A sprawling city, Rochester is dominated by some of the best-known brands in
the world. Home to such companies as Xerox, Kodak and Bausch & Lomb, the city
offers plenty of jobs and a distinct well-healed atmosphere. This is
particularly true in the downtown area, which reflects the economic strength of
these companies.
New York Real Estate
New York real estate prices are entirely dependent upon the specific
location. If youre looking for a home in New York City proper, a bank robbery
may be in your future as an absolute closet is going to run you close to a
million if not more. Things arent as bad elsewhere.
A single family home in Buffalo will set you back roughly $225,000 on
average, while the same home in Rochester will run an additional $30,000.
Appreciation rates for New York real estate were a little more than 13 percent
in 2005, but differ greatly by location.
Raynor James is with
http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our "sell
my home" page at
http://www.fsboamerica.org/seller.cfm to sell your own home yourself with a
free 1 month listing.
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