Alex Seward Howard Hanna Real Estate Services

The Feds decision to keep their interest rates low has direct correlation to keeping Mortgage Rates staying LOW!! This should continue to fuel the WNY housing market for the next few years to come and continue to promote a SELLERS Market! https://www.wsj.com//fed-signals-interest-rates-to-stay-ne

The Western New York market is seeing Multiple Offers on almost every home getting sold these days. I often get asked how buyers can make their offers more attractive and differentiate themselves from the rest of the pack. Here is an older blog post that at a very high level, gives some good tips on how to differentiate your offer from the rest. It is MUCH more complicated than the blogs suggestions, but it's a great place to start and quick read! https://blog.howardhanna.com/po/what-to-offer-in-a-bid-war/

The Buffalo Niagara July Housing Statistics are out and the numbers are almost un-believable Some highlights: -Closed Home sales are down 38% from last year -Median Sales Prices are up 7.8% from last year... -Inventory is down a whopping 34.2% -Months Supply of Inventory down 30% These results continue to show an extremely favorable sellers market and there are no signs of that slowing down. Check the data out yourself, numbers don’t lie!

The June 2020 Real Estate numbers are out for the Buffalo Niagara Region, and they continue to show a WNY Real Estate Market that is dominated by Sellers and still seeing some lingering effects of COVID. Extremely low inventory on the market and a plethora of eligible buyers thanks to record low interest rates has created a major imbalance of buyers vs. sellers in the market. Houses are easily sold over asking price (check out the numbers, it's almost guaranteed!) and multi...ple offer situations are almost automatic as well. The COVID effects without a doubt contribute to the YTD decline, and are also contributing to increasing days on market by a few extra days. We are seeing Average and Median Prices are slowly rising YTD, and a drastically reduced inventory of homes for sale. It's a sellers market in WNY and will continue to be until interest rates rise!

Rochester #1 and Buffalo #2, WNY is the place to be! https://www.nationalmortgagenews.com/15-safest-housing-mark

North Buffalo 2 Bedroom for rent!

Renters - Great 2 bedroom available in Kenmore !!

Bored during this Quarantine? Check out this free Home Valuation tool and see what your house is worth! As simple as typing an address into a search bar... check out your neighbors too! You will get back a rough Home Value Estimate, a breakdown of real potential buyers in the market for that home, and recent sales nearby. https://homevalue.howardhanna.com/alexanderseward

Great article, truly a sellers market right now! https://www.bizjournals.com//house-hunting-buffalo-rochest

Great article shared from some great Real Estate Attorneys! Buyers need to be ready to roll early this year!

2020 forecasts are coming in and show that next year will continue to be a sellers market!! Extremely low inventory and extremely high demand are going to create very interesting dynamics, especially in the WNY area. My prediction: Prices will not drop, stay steady overall, and actually rise in certain situations where buyers HAVE to overpay, in order to secure the house they desire. ... https://www.cnbc.com//harsh-housing-forecast-for-2020-espe

Great 3/1 rental available in South Buffalo!

Awesome infographic showcasing the difference in interest you can save by pursuing your home purchase sooner rather than later with interest rates at record lows, there is no better time to buy! ______________________________________________ #buffalorealestate #realestate #realty #howardhanna #realtor #buyingahome #firsttimehomebuyer

Had a great time helping out my client close on this great 3/2 double in Sloan. Winning multi offer situations with FHA is not the easiest, but when your client and lending partner are prepared, anything is possible. A huge Shout Out to @crossstatefunding for some great work on this! ____________________________________________ #buffalorealestate #realestate #realtor #howardhanna #buyingahome #buffalo #realestateagent #fha #investmentproperty

What an incredible summer for Buffalo Real Estate! Absolutely unbelievable numbers have been (and continue to be) put up in our region, and the limited inventory/high demand of homes have contributed to some crazy prices out there. But.... it looks like things are finally stabilizing a bit and we are starting to see some of the astronomical listing prices drop down to the true values in the market, with sellers starting to temper high expectations!! Contact me any time to... talk about buying or selling a home and how to approach this Buffalo Real Estate Market!! https://instagram.com/p/BnmUUcBgqAw/

94 Echowood Ct. will be open this weekend both Saturday and Sunday 1-3pm, I will be there on Sunday! An absolute stunner in Williamsville school districts, this 4 bed, 2.5 bath has a great open layout, fully remodeled kitchen, and new bamboo flooring throughout. You will not want to miss this one! Come see me this Sunday! Check it out on my Instagram page:... https://instagram.com/p/BiXDzTbHKCe/

3252 Lower Mountain Road is open this weekend both Saturday and Sunday 1-3pm;I will be there Sunday! 4 beds, 2.5 baths, updates throughout, and sitting on almost 2 acres. This house is an absolute beauty, see you this weekend because it won’t last! Check it out on my instagram page:... https://instagram.com/p/Bhyu7yUnM3S/

The Cost Vs. Value Report for 2018 is now out! This is an awesome analytical tool that helps you monetize exactly the value that you will add to your home by completing a specific remodel such as re-doing a bathroom, kitchen, siding, roofing, etc.. It shows specific numbers for the Buffalo area so the values are not over/under inflated. Great information to get the most bang for your buck!... http://www.remodeling.hw.net///middle-atlantic/buffalo-ny/

Beautiful double in Kenmore closed!! Congrats to my good friend Joe Licata on his first home purchase !! Great way to start this gorgeous St. Patrick’s Day weekend On to the next!