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Schenectady sees surge in house sales – 53 offers in 8 weeks

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Buyers are pouring into Schenectady. In just the past eight weeks, 53 offers have been accepted for Schenectady houses. With closings typically taking one to two months, most of those houses will be filled with new owners by spring. Councilman Carl Erikson highlighted the numbers at Monday’s City Council meeting, at which bankers also gave a presentation on new mortgages that would allow buyers to wrap the cost of renovations into their loans. Erikson said ...


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comments

skeetergirl
February 26, 2013
4:43 a.m.

[ Flag Post ]

I am so glad I am an e-subscriber. These are great stories in the Gazette.

cidbil
February 27, 2013
9:01 a.m.

[ Flag Post ]

So I guess it's about how you parse the numbers re: home sales in Schenectady..........an article in another local paper has this to say about the "success" of Key to the City:

"Home hoopla produces flat sales
Numbers fail to support claims of success for "Key to the City" effort"

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