Upside-down world
The real-estate market tanked, and we emerged relatively unscathed. In fact, the market contraction is so severe that Rochester, with a projected 2.7% growth over the next 12 months, is number two of the “Ten Fastest Growing Real Estate Markets”, according to Money Magazine. Thoughts?
Is this like that old saying “Any club that would have me as a member is not a club I’d want to be associated with”? (Okay, I flubbed up the quote but you get the idea.)
Syracuse is #4 and Buffalo is #5, just beating out NEW ORLEANS and Baton Rouge- just like a stopped clock is right twice a day, so stagnant real estate markets look good when everyone else is going down.