Forbes Magazine featured this article on May 9th, 2011, deeming our city of Rochester as one of the best places to buy a home right now. Thanks to its great school system and fairly priced homes, it's easy to see why Rochester and its suburbs are attractive areas to settle down.
The article goes on to say "Though home prices in most areas around the country remain weak, the attractiveness of purchasing a home continues to diminish in the wake of the real estate bust. Fears of price erosion, a weak economy and foreclosure dog markets coast to coast.
But not everywhere. In places like the suburbs of Rochester, N.Y., houses look like a great buy. You can get a relatively new 3,000-square-foot home on a nice quarter of an acre lot in a good school district for between $300,000 and $400,000. "The real estate here is very inexpensive, it's about the same as renting and it actually makes sense for families," says Delores Conway, a real estate economics professor at the University of Rochester. "The houses are solid investments with good school systems that are fairly priced.""
To read the article in its entirety, please click here.
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