Tag: real estate

Buffalo Property Transactions June 2010 III

Buffalo property transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending June 20. Highest price: $1,600,000 Average price: $189,615 Median price: $75,000 Number of Sales: 46 • 304 North St., Grace Manor Health Care Facility Inc. to Grace Manor Llc, $1,600,000. • 310 North St., Grace Manor Health Care Facility Inc. to Grace Manor Llc, $1,600,000. •47...

Successful Real Estate Investing 3 – Focus On Cashflow

In the past, there was a received wisdom (usually among agents selling overpriced ‘investments’ for high commissions) to ‘invest for capital growth’ – i.e. don’t worry so much about what the Yield is, just buy where you think is an ‘up and coming area’ or ‘the next big thing’ – these in Europe were places like Capital cities in Eastern Europe (Tallinn, Riga, Sofia, Prague, Budapest) and Holiday...

Buffalo Property Transactions in May Week 3

Buffalo real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending May 21. Highest price: $990,000 Average price: $123,047 Median price: $58,625 Number of Sales: 42 • 200 Delaware Ave., Delaware Uniquest Llc to Phillip A. Baum, $990,000. • 270&281&303 Central&1438 Bailey, BSM-DE Inc. to 25 Depot Street Inc., $684,432. • 132 Lakefront Blvd.,...

Why Invest In USA? Why ‘Rust Belt’ Cities?

USA has the largest real estate market in the English speaking world. It also is one of the most diverse.There are arguments on both sides for investing in US assets but events are beginning to show that the US$ is behaving as a ‘haven’ currency, retaining and even strengthening against the British Pound and Euro and is perceived as having more internal stability, within a more dynamic economy. ...

Buffalo Property Transactions in May Week 1

Buffalo real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending May 7. Highest price: $400,000 Average price: $75,265 Median price: $27,500 Number of Sales: 32 • 50 Depew Ave., Clarissa Willett; Brian Willett to Julie A. Gavin, $400,000. • 581 Colvin Ave., RJ Gullo Properties No. 1 Inc. to Hamri Garden Llc, $335,500. •3 Clarendon Place,...

57,256 Homeowners Receive Pre-Foreclosure Notice

In the last three months, more than 57,000 pre-foreclosure notices have been sent to homeowners across the state — including 2,917 in Erie County — who are behind on their mortgage payments, reports Buffalo News. A state law enacted last year requires servicers to notify delinquent borrowers at least 90 days before initiating foreclosure proceedings and tell them how they can avoid foreclosure....

One Bid Received For Buffalo’s Olympic Towers

At least one bid has been received for downtown Buffalo’s Olympic Towers, reports Buffalo Business First. By 3 p.m. on Wednesday, just one bid for $1.25 million was submitted for the Pearl Street landmark, in an online auction. Bids are due by 3 p.m., Thursday, May 20. Read more: $1.25M offered for Olympic Towers - Business First of Buffalo

Sale of Excellus Building Falls Through

A Houston company’s plan to buy the former downtown Syracuse home of Excellus Blue Cross Blue Shield has fallen through, a city official said today. Davico Realty Group, of Houston, apparently backed away from the acquisition after determining that its intended anchor tenant for the 200,000-square-foot building “was not a viable tenant,” said Ben Walsh, deputy commissioner of the Syracuse Office...

US Foreclosures Fell in April

Foreclosures in the US fell by more than 2 percent in April from a year earlier, the first year-over-year decline in the five years RealtyTrac has been reporting the data. The number of Americans receiving foreclosure notices was down 2.4 percent in April from a year before and 9 percent lower than March 2010. Experts say the foreclosure situation is slowing, and may have hit a plateau. Read...

Erie County Deals in April

The Score blog has put together a database with 1,368 deals that were registered in Erie County last month. Read more: Business First of Buffalo: 1,368 real estate deals in Erie County
  • 1
  • 2
  • Abbotsinch Capital LLC
  • T: +1 716 436 1296

© 2010-2020 Abbotsinch Capital