Real Estate Optimism in New York Going Up

  |  January 28, 2013

That’s the word from Politics on the Hudson, which notes the obvious (New York City real estate market is incredibly robust/crazy expensive) and the less obvious: “In upstate New York, the overall consumer confidence in the real estate market reached 7.4 points, which was the greatest increase statewide. Compared to last quarter, the fourth quarter had a 16.9-point increase in score.”

In other words, folks are feeling good about real estate upstate, too. And when the ice thaws, we expect the market to thaw as well. Will it thrive like, say, Manhattan real estate? Well, some of us hope not, as one of the great draws of upstate New York is that we can actually afford to live there. But we are hopeful that homes will continue to sell well and regularly, to keep the economy healthy and keep more cool people coming.

New York State Consumer Real Estate Sentiment Scores

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