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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (46288)12/29/2005 2:54:06 PM
From: Paul KernRespond to of 306849
 
>>I see Rochester, NY is one of the "cheapest".

And for good reason! :^)

It's location, location, location...

Kodak has been letting a lot of well paid engineers and executives in the film division go. That would account for a lot of nice houses on the market but the chance of these houses appreciating is slim.



To: JakeStraw who wrote (46288)12/29/2005 9:40:01 PM
From: Live2SailRead Replies (2) | Respond to of 306849
 
Rochester is a great place to raise a family. I'm sincere about that. Their schools are some of the finest.

Kodak laying off people doesn't seem to have much to do w/ the affordability. According to the NYT article , affordability hasn't changed much over the last 20 years in Rochacha. Too many people are afraid of cold weather. That, and the large number of McMannis' are the deterrents.


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