Category: Buffalo
How’s the Market? It Depends on Who You Ask.
How's the Market? It Depends on Who You Ask. We're already halfway through 2026. Hard to believe, right? Over the Fourth of July weekend, I was asked the same question more times than I could count. "How's the market?" It's a fair question, but it's also one of the hardest to answer with a single sentence. The truth is, it depends on what you're looking at and, more importantly, what you're trying to accomplish. Home Prices Continue to Reach New Highs One of the biggest headlines right now is that the average home price in Erie County has climbed to $315,000, the highest it's been in the past three years. For homeowners, that's encouraging news. Home values have remained strong, and many sellers are sitting on more equity than they realize. For buyers, affordability has become a little more challenging, but that doesn't mean the market has come to a standstill. People are still buying. People are still selling. The activity hasn't disappeared; it's simply evolving. More Listings Are Hitting the Market One thing we've noticed over the past several months is that more sellers are entering the market. Inventory is growing, giving buyers more options than they've had in quite some time. That's true in the single-family market, but it's especially noticeable in the multifamily space. And that's where we've seen some of the biggest changes. The Multifamily Market Is Shifting Owning investment property in Buffalo isn't the same as it was five years ago. Higher property taxes, increased rental inspections, and changing regulations have caused many investors to rethink how they manage their properties. Some owners are adapting. Others are deciding they've had enough. We've seen that firsthand through our property management business. More and more investors are reaching out because they want someone else to handle the day to day responsibilities. Managing rental properties has become more involved, and having the right team behind you can make all the difference. Investors Need a New Game Plan If you're investing today, you can't rely on the same strategies that worked several years ago. The market has changed. That doesn't mean the opportunities are gone. In fact, there are still great opportunities for investors, second home buyers, and homeowners looking to make their next move. It simply means you need to approach those opportunities with a different mindset. Success today comes from understanding the numbers, staying informed about local regulations, and surrounding yourself with professionals who know the market. So... How's the Market? My answer is usually another question. What are you trying to do? Are you buying your first home? Looking to sell? Searching for an investment property? Thinking about purchasing a second home? The right move depends on your goals. There are still great deals out there. There are opportunities for buyers, sellers, and investors alike. But this is a market where having a solid strategy matters more than ever. The people making the best decisions right now aren't guessing. They're planning. If you're wondering what today's market means for you, let's have a conversation. Every situation is different, and together we can build a plan that fits your goals, whether you're buying, selling, investing, or simply exploring your options. Read More
Selling Your Property in Buffalo – One Thing No One Really Explains
There’s a moment that comes up in almost every conversation I have with property owners here in Buffalo. We’ll talk through timing, what the market looks like, maybe even how theirs compares to others around them in the areas such as North Buffalo, Elmwood Village, Tonawanda or West Seneca. And then, almost without fail, they’ll... Read More
716 Realty Group Commercial Real Estate
2025 Year in Review and Looking Ahead to 2026 Buffalo New York As we close the door on 2025, I find myself incredibly proud, grateful, and energized by what our team at 716 Realty Group accomplished this past year. Commercial real estate is not a side business for us. It is a core discipline that... Read More
Snowy Buffalo, Serious Market Signals
Western New York Real Estate Market Update | December 2025 Hello Western New York, and welcome to Snowy Buffalo! Snow has arrived and Santa is coming….If you’re from here, you know this is just part of the deal and we love the snow. If you’re thinking about moving back home, welcome. You picked a very... Read More
Buffalo and Western New York Real Estate
Buffalo and Western New York Real Estate Navigating Growth, Opportunity & Local Trends Introduction The real estate market in Buffalo and Western New York is undergoing a meaningful transformation. Against the backdrop of shifting economic dynamics, changing buyer expectations, and technological advancements, this region’s housing landscape is more dynamic than ever. As home equity rises... Read More
Earn $625/Hour as a Real Estate Referral Agent—From Home
Earn $625 an Hour as a Real Estate Referral Agent Working from Home If you’ve ever told a friend about a great restaurant or shared the name of a good contractor, then you already know how to be a referral agent. Now imagine getting paid real money to do something that comes naturally. I’m a... Read More
4 Things To Expect from the Spring Housing Market
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. 1. There Are More Homes for Sale After... Read More
The Best Week To List Your House Is Almost Here – Are You Ready?
The Best Week To List Your House Is Almost Here – Are You Ready? If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast. A recent Realtor.com study analyzed years of housing... Read More
Are You Asking Yourself These Questions About Selling Your House?
Some homeowners hesitate to sell because they’ve got unanswered questions that hold them back. But a lot of times their concerns are based on misconceptions, not facts. And if they’d just talk to an agent about it, they’d see these doubts aren’t necessarily a hurdle at all. If uncertainty is keeping you from making a... Read More
The Secret To Selling This Spring: Start the Prep Work Now
Spring is the busiest season in the housing market. It’s the time of year when buyers are most active – that means it’s when homes sell faster and for top dollar. If you’ve already got a move on your mind, why not list this spring and take advantage of the added buyer demand? Since spring... Read More