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28°
Thursday, dec 19
Tag:
Home Prices
Lifestyle
This NY Locale Tops List Of Safest Cities In America, Report Says
When it comes to that list of must-haves for a new home, not many amenities rank higher than peace of mind. Fortunately for New Yorkers, you won’t have to look far to find it as the safest city in America is right in our backyard, according to a new ranking. Glens Falls in Warren County topped Rocket Mortgage’s “15 Safest Cities In The US” for 2023. The company came up with the ranking after looking at violent and property crime data around the country from the FBI, as well as other factors like population, median household incomes, and home prices. Glens Falls boasts a violent crime ra…
Real Estate
Albany Among 'Juiced Up' Areas Likely To See Home Prices Decline, New Report Says
The Albany area is among the US housing markets that are most likely to see home prices decline as the COVID-19 pandemic housing boom comes to an end, Fortune Magazine reports. Analysts told the outlet that US home prices are now priced ahead of what incomes can support, with the overvaluation varying greatly by market. A market risk assessment found that of roughly 400 metropolitan statistical areas, 67.9 percent were deemed overvalued, Fortune reports. That’s up from 64.7 percent in April. Analysts told the outlet that only 24.5 percent of US housing markets are considered “…