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Business

The Buffalo Niagara housing market is tighter than ever, but there are signs that the upward pressure on home prices is starting to lose some steam. Home prices still are rising at a moderate pace, but the pace of the increase slowed during June. Homes are still selling quickly, but the houses that sold last month also took almost a week longer to find a buyer than they…

Business

Today's homebuyers are a lot different than those of the past. Gone are the days when first-time buyers were mostly married, with kids, and had previously rented. No longer is it as easy or desirable to borrow from banks for everything, instead of saving up or getting help from family for a down payment. And instead of getting away from family and moving to the ci…

Business

As the spring home buying season begins, it's still a seller's market. Homes for sale are scarce, so prices keep rising. But even today's higher prices still are relatively affordable, especially compared with other parts of the country. The local economy is solid, giving potential buyers both the means and the confidence to make what likely will be the biggest purch…

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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…