by Robert Smith | Sep 4, 2025 | Real Estate News, Housing Market, Housing Statistics, National Association of Homebuilders
Key Takeaways: New-Home Affordability in Central & Western NY (2025) Syracuse (Onondaga County proxy): The median new home is $516,253; income needed is about $185,280. Roughly 89.2% of households cannot qualify. Rochester: Median new home $559,998; income needed...
by Robert Smith, Lic. RE Broker/Instructor, CDEI | Aug 19, 2025 | Housing Market, Real Estate News
Key Takeaways: Suburban Housing Supply Crisis The suburban housing supply crisis is weakening the link between rising home prices and new construction. NAHB research shows regulations add nearly $94,000 to the price of a new home. Zoning and permitting delays create...
