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Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium

Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium

by Phil Hall | Nov 18, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The new Highmark Stadium for the NFL’s Buffalo Bills is still on target for a June 2026 opening, but its projected costs have hemorrhaged to $2.1 billion – more than $560 million over its initial estimate. The Associated Press reports taxpayers funding for the project...
New York State Median Home Prices Up for 13th Straight Month

New York State Median Home Prices Up for 13th Straight Month

by Phil Hall | Oct 23, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median home prices rose across New York State for the 13th consecutive month as sales of existing homes continued to decline. According to data from the New York State Association of Realtors, median home prices were $420,000, up 8.4% from $387,000 one year ago....
Homes Sales Up While Inventory Shrinks in New York State

Homes Sales Up While Inventory Shrinks in New York State

by Phil Hall | Sep 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices in New York continued to rise while the state’s housing inventory declined again, according to data from the New York State Association of Realtors. The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. This...
Homes Sales Up While Inventory Shrinks in New York State

New York State Home Sales Rise Despite Smaller Inventory

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales across New York were up in July despite a decline in available inventory, according to new data from the New York State Association of Realtors. Last month saw a total of 9,923 closed home sales across the state, up 3.5% from 9,584 units. Pending sales took...
Homes Sales Up While Inventory Shrinks in New York State

New York State Median Home Sales Price Hits Record High

by Phil Hall | Jul 23, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices were up for the 11th consecutive month in the latest data report from the New York State Association of Realtors (NYSAR). Across the Empire State, the median sales price of homes in June was $448,000, up by 8.5% from the $413,000 price in June 2023. This...
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