The Buffalo Niagara residential real estate market is turning into a blessing for sellers and a curse for house hunters. The problem can be summed up in three words: “lack of inventory.” In reflection of the limited residential real estate pool, the Buffalo Niagara Association of Realtors’ July sales' report showed closed deals were down 9.1 percent compared with the same month in 2015, while new listings was off nearly 20 percent and pending sales declined 5.1 percent. The number of property…
from DIYS http://ift.tt/2chNI4m
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