September 2011 Real Estate Update for greater Ithaca NY area

The latest statistics are out from the Ithaca Board of REALTORS for Sept 2011.   Some interesting data this month as compared to what was reported last month.   Compared year over year for only the month of September, for all residential sales (that are served by the IBR MLS), total closed sales are down as are the average and … Continue reading September 2011 Real Estate Update for greater Ithaca NY area

Ingredients for a buyer’s market…

The newest stats came out today with the local greater Ithaca New York housing data for a given month year over year.   After quickly reading, it didn't take me long to conclude that we have most of the ingredients to make for a nice buyer's market.... New listings - a count of the properties that have been newly listed on the market in June 2011: 201.  That's … Continue reading Ingredients for a buyer’s market…

Yeah, I’d say the spring market has hit…Trumansburg NY

It doesn't surprise me.  Trumansburg, or Tburg as we affectionately call it, is a pretty high demand area, especially the Village.  I guess what makes me say "oh, wow" is that  a lot of houses specifically IN the Village went on the market this year. Past trends show that few houses come up for sale in the Village and they don't come on … Continue reading Yeah, I’d say the spring market has hit…Trumansburg NY

Ithaca NY maintains lowest unemployment rate among the metro areas of New York State

Unemployment  directly affects the housing market so this is relevant and interesting. From the Ithaca Journal...  Ithaca again has the lowest unemployment rate among the metro areas of New York State, the State Labor Department reported Wednesday. The area's unemployment rate of 6.6 percent in January was lower than in January 2010, which was 6.8 … Continue reading Ithaca NY maintains lowest unemployment rate among the metro areas of New York State

Class of 2010 heading into real world, but where should they live?

Ithaca, NY Home to Cornell University and Ithaca College, Ithaca turns out to be a pretty good place to stick around after college. Alternative weekly Utne Reader calls the 30,000-resident city "the most enlightened," especially with a vibrant scene for young people. Downtown there's a mall that was once a high school, a citywide arts festival, … Continue reading Class of 2010 heading into real world, but where should they live?