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Viewpoint: If inflation has you worried, there might be a U.S. Savings Bond for you
If there is a positive aspect for investors during these inflationary times, it just could be the old standby gifts of grandparents to newborns: U.S. Savings Bonds.
Fannie Mae survey suggests home sales will remain sluggish
While more consumers believe home prices will decline in the next year, they also expect mortgage rates to continue to climb.
More listing prices reduced, time on market rises
A little normalcy continues to return to the housing market, with the average home taking longer to sell while a larger percentage of listing prices are being reduced.
RIT’s Battery Prototyping Center expands with help from Build Back Better funding
The group of 13 partners — led by SUNY Binghamton — secured more than $63.7 million to establish upstate New York as a national hub for battery research and manufacturing. The state has committed another $50 million toward the project.
The Inflation Reduction Act and the IRS: What you need to know
With $25.3 billion allocated for operations support and $3.2 billion for taxpayer services, the IRS will get a much needed shot in the arm to provide taxpayers with more responsive, efficient service.
TOPTICA brings its ‘cool factor’ optonics operations to new space in Pittsford
The laser manufacturer and distributor is hiring across the board, Tolbert said, noting that there are job openings in science and research, manufacturing and sales.
Homebuyers becoming more pessimistic about real estate market
While there is still healthy buyer demand for homes that are priced well and show well in the Rochester market, the national trends also are prevalent, according to Lanie Bittner, president of the Greater Rochester Association or Realtors (GRAR).
Rochester housing market ranked No. 1 for speed of sale in June
Houses were selling faster in Rochester in June than anywhere in the country, according to the latest data report released today by Realtor.com. The median time from listing to sale was just 12 days in the greater Rochester area, a day longer than May but three days faster than any of the other 50 largest […]
Reduced-rent housing now a perk for new employees at Central NY enterprise
Turning Stone, located in the Oneida County town of Verona, is owned and operated by Oneida Nation Enterprises. The employee-only apartment community is being built on Oneida Nation property and will welcome its first residents in September.
Rochester housing market at low risk if recession hits, Redfin says
Prices rose slower than the national median in recent years and the average sales price was below $300,000 ($225,050 in Monroe County in June, according to the July report from the Greater Rochester Association of Realtors).
No relief for renters as rates continue to soar
ental rates continued to soar in Rochester, posting a double-digit spike in May as median rent inched closer to $1,400.
Fed rate hike means more pain for homebuyers
More potential homebuyers will be priced out of the already tight housing market and others will scale back their price point after today's rate hike by the Federal Reserve, according to the National Association of Realtors.
