by Robert Smith | Apr 10, 2026 | Affordability, Housing Market, Information for Real Estate Agents-Brokers, National Association of Homebuilders, Real Estate Agent Tips
Many homes in Syracuse and Central New York were built in the early 1900s, making New York housing stock among the oldest in the nation. Key Takeaways New York has the oldest housing stock in the nation, and that creates both challenges and opportunity. Smart agents...
by Robert Smith | Feb 18, 2026 | Housing Market, National Association of Homebuilders, Opinion, Real Estate
~2 minute read Breaking Down New Home Affordability in Syracuse Metro Region In my morning email, a report from the National Association of Home Builders (NAHB) made me pause and consider new home affordability in our Syracuse Metro Region. Nationally, about 65% of...
by Robert Smith | Sep 22, 2025 | Housing Market, National Association of Homebuilders, Real Estate News
✅ Key Takeaways Mandated energy codes can add substantial upfront costs to new homes (e.g., 2021 IECC), which reduces affordability for entry-level buyers. Energy choice matters: allowing multiple fuel/appliance options helps builders meet budgets and buyers’ needs...
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...
