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...