Buffalo – Abbotsinchcapital

Buffalo leads the nation in real estate appreciation

Written by Alan Findlay on December 16, 2013. Posted in Buffalo, Investor Insight, News.

Research firm Clear Capital reveals in the January 2014 issue of Kiplinger’s Personal Finance magazine that Buffalo prices are up 16% since May 31, 2006 – highest among the 100 largest metro areas in the US. The median sales price in Allentown rose 43 percent from six years ago. Over the same six years, prices rose 31 percent in North Buffalo and 15 percent in the Delaware District. Read...

Buffalo Medical Campus Expands

Written by Alan Findlay on October 11, 2013. Posted in Buffalo, Development, Investor Insight, News.

The Buffalo Niagara Medical Campus plans to add a 15,000-square-foot second floor to the former SmartPill Corp. headquarters building. Read the full article here…

Buffalo – America’s Best Designed City

Written by Alan Findlay on October 7, 2013. Posted in Buffalo, Investor Insight, News.

The story of Buffalo, New York’s world class urban design and how today’s generation is rediscovering and restoring ‘America’s Best Designed City.’

Buffalo In Top Quartile of Long Term Economic Performance

Written by Alan Findlay on September 24, 2013. Posted in Buffalo, Investor Insight, News.

The Buffalo metropolitan area holds 27th place in September’s On Numbers Economic Index, which measures the relative vitality of 102 major U.S. metropolitan areas. Read more here.

Why Buffalo is bouncing back faster than Atlanta

Written by Alan Findlay on October 20, 2011. Posted in Buffalo, News.

The recession is dragging everyone down, but some parts of the U.S. are bouncing back faster than others. Howard Wial, a Brookings fellow, looked at how the recession has affected the country’s major metropolitan areas and which places are recovering faster than others. Continue reading in The Washington Post…

Vacancy Rates – Buffalo Ranks Seventh-Worst

Written by Alan Findlay on December 14, 2010. Posted in Buffalo, News, Stats & Trends.

The City of Buffalo has the seventh-worst housing vacancy rate among America’s major cities, according to figures released by the U.S. Census Bureau. The same federal study shows that Buffalo has the oldest and most inexpensive housing stock among the 81 U.S. cities with at least 100,000 homes. Read more: New Orleans has worst housing vacancy rate; Buffalo is seventh-worst | Business First

Buffalo Niagara Region Ranks 5th In Affordable Housing

Written by Alan Findlay on August 25, 2010. Posted in Buffalo, News, Stats & Trends, Syracuse.

Based on median sale price and median income, the Buffalo Niagara region ranked 5th among large metro areas on the quarterly “Housing Opportunity Index” created by the National Association of Home Builders and Wells Fargo. The region earned an “affordability” score of 93.3 percent, meaning that percentage of new and previously occupied homes sold from April through June...

Buffalo Foreclosure Filings Decline

Written by Alan Findlay on August 2, 2010. Posted in Buffalo, Foreclosure, News, Stats & Trends.

A mid-year report released by RealtyTrac Inc. shows foreclosure filings in Buffalo rank at the low end of the 206 markets measured nationwide. According to the report, there were 915 foreclosure filings in the Buffalo area from January through June, or one for every 570 households, a decline of 45 percent over the first six months of 2009. That placed Buffalo 197th on the list. Read more: U.S. foreclosure...

FT: Heritage and culture

Written by Alan Findlay on June 9, 2010. Posted in Buffalo, News.

Buffalo in New York State has long been a poster-child for the decaying rust belt, yet Lura Hess Bechtel and her husband, Mitch, have no regrets about moving to Buffalo from New York City five years ago. Read the full article in Financial Times…

Decision Time for HSBC

Written by Alan Findlay on May 26, 2010. Posted in Buffalo, News.

HSBC Bank USA NA, the largest bank in Buffalo, expects to decide “in the next few months” whether it will renew its lease at the city’s tallest office building or move elsewhere. HSBC spokesperson Neil Brazil said Friday that the bank, which employs 2,227 workers at the downtown One HSBC Center, initiated a review of its future real estate requirements in Buffalo earlier this year. The bank has...