Trending Home Prices Seeing New Peaks Part 2

Concomitantly, the S&P CoreLogic December report put home prices surging 6.3%. This is attributed to a plentiful supply of buyers ready to close, the housing inventory shortage and the revitalized economic climate. Although there is some trepidation with the...

Historic Schneider’s Decides Not to Rebuild

Back in October, when the landmark Avon restaurant was burnt by fire, many in the region were hoping that the family-owned business would try to rebuild, even for the 2018 summer season. Unfortunately, that will not be the case. Schneider’s Restaurant is set on a...

Trending Home Prices Seeing New Peaks Part 1

Two recent reports indicate home prices are reaching new peaks. Analyst services, Black Knight and CoreLogic, both came in with improved valuations for homes sold during the month of December. In the case of the Black Knight report, it appears that New York State made...

Mortgage Apps Increase

According to the report, the Market Composite Index, by the Mortgage Bankers Association last week, mortgage applications increased 2.7% from the prior week ending February 23, 2018. What appears to be bullish is that this week’s results include an adjustment...