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Joan Smith was tired of house-hunting. The 39-year-old schoolteacher and her husband, Paul, had been searching for a new home in the suburbs last year, dragging their two young kids around with them through Lancaster, Clarence and Tonawanda. They had already looked at about 20 homes and lost out a couple of times when their bids came up short. So when they found a ho…

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Lisa Wojdan never expected it to be so difficult to buy a new house. She and her husband started searching in Elma and East Aurora last June, one month after they got married. They looked at almost 50 houses in the past year, missing out on two they really liked, while others were gone before they even had a chance to look. So when they found their dream home, they p…

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It's been two years since Pittsburgh-based Howard Hanna Real Estate Services came into the Buffalo market in force with its back-to-back acquisitions of Nothnagle Realtors and then RealtyUSA. The dual purchases added upstate New York to the seven-state Hanna empire, which already included Rust Belt markets across Pennsylvania, Ohio, West Virginia and Michigan. So it's b…

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A subsidiary of Howard Hanna Real Estate Services has started offering title, insurance and abstract services in the Buffalo area this month. Barristers Title & Escrow Services, which expanded to the Rochester market in January, added Buffalo to its geographic territory as of June 1. By the end of the year, the company will cover the entire state, with local staff s…

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Fewer houses sold in February in Western New York than in the same month in each of the past two years, as it became increasingly more difficult for buyers to find their dream homes. But those that did sell garnered the highest prices ever paid in the depths of winter. New data from the Buffalo Niagara Association of Realtors showed closed sales fell 13.2 percent…

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Home prices set another record high in the Buffalo Niagara region during January, as a dearth of available homes continues to drive up home values even as fewer homes change hands. As a result, buyers continue to compete heavily for the best houses, and pay up when they find them. The average sales price soared 16 percent to $165,021 in January, while the median price –…

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The final results are in, and the Buffalo Niagara housing market set what appear to be records for highest prices and lowest inventory of homes for sale last year, as the robust activity continued all year long. According to new data from the Buffalo Niagara Association of Realtors, the median price for the year soared to a record $140,000, up 7.7 percent and easily bes…

Business

Western New York is on track for the second-best year on record for home sales, as prices and transaction volume continue to hit at or near their peaks. But the new federal tax reform legislation could put a damper on that in the future. With just a few weeks to go in the year, the level of home sales activity is already poised to surpass that of 2015, and in some ca…

Business

A pair of young attorneys - one of whom is the daughter of personal-injury titan Ross M. Cellino Jr. - has purchased the lakefront home of prominent Western New York businessman Angelo M. Fatta for $1.05 million. Rafael F. Pignataro and his wife, Jeanna M. Cellino-Pignataro, bought a 5,702-square-foot ranch house on Old Lake Shore Road in Hamburg last week, just a few h…