Secondary links

  • About
  • Advertise
  • Sponsors
  • Help - FAQ

Send us newsAnonymous Tips Welcome

The Batavian
Online News. Community Views.
  • Home
  • Sports
  • Business
  • Announcements
  • Obituaries
  • Forums
  • People
  • Jobs
  • Buy/Sell/Trade
  • Housing
innovative_business_170x90.gif

User login

  • Create new account
  • Request new password

glitzandglamour_170x90.jpg

select_collision_170x90.gif

Our Towns

Alabama Alexander
Attica Batavia
Bergen Bethany
Byron Darien
Elba LeRoy
Oakfield Pavilion
Pembroke Stafford

O'Lacy's Irish Pub, 5 School St. Batavia, N.Y.

Recent comments

  • I was a cub scout den leader...
    by George Richardson
  • If people would obey the no...
    by scott kibler
  • Some good lookin' cars, one...
    by Dave Olsen
  • I remember the days of being...
    by Robin Walters
  • thanks howard...
    by daniel cherry
  • Doug, what color and what...
    by Chris Olin
  • This brings back memories....
    by Chris Olin
  • With it being late enough...
    by Chris Olin
  • There was a wood shop teacher...
    by Bea McManis
  • Dan, I love you're picture of...
    by Howard Owens

Recent posts

  • House Fire reported on Indian Falls Road
  • Learning Batavia
  • Car engine fire on Thruway
  • Chimney Fire reported on Lewiston Road, Basom
  • Town of Batavia taking steps to address contaminated well water issues
  • It's always fun at the St. Joe's Penny Carnival
  • Olivers Candies Lends a Helping Hand to Batavia Assembly of God Girls Club
  • Royal Rangers host pinewood derby
  • All-terrain vehicle accident in Byron
  • Grass fire reported on Transit Road
more

3Dwine_spirits_170x90.jpg

moviesinmotion_170x90.gif

Barrett's Batavia Marine & Sporting Supplies

color_salon_floater_170x90.gif

Featured Topics

  • Outdoors
  • Recipes
  • Music
  • Agriculture
  • Schools
  • Health

countryhill_winter_170x90.jpg

Site Sponsors

  • 3 D Wine & Spirits
  • Adam Miller Toy and Bicycle
  • Affordable Floor Covering
  • Alberty Drug Store
  • Alex's Place
  • American Home Remodeling
  • Anglican Community Church
  • Baker's Frontier Kitchens
  • Barrett's Batavia Marine and Sporting Supplies
  • Batavia Downs Casino
  • Blue Pearl Yoga
  • Bonarigo & McCutcheon
  • Bontrager's Auction
  • Bontrager's Real Estate
  • Carlson's Studio
  • Cedar St. Sales and Rentals
  • Center Street Smokehouse
  • Charles Men's Shop
  • Classic Home Improvements
  • The Color Salon
  • Country Cottage
  • Crazy Cheap Cars
  • D&R Depot Restaurant
  • Delavan's Restaurant and Tavern
  • Dog Grooming
  • The Enchanted Florist
  • Fastec Automotive
  • Genesee Dental Group
  • Glitz and Glamour
  • Great Kutz
  • Hair Studio 25
  • H.E. Turner & Co.
  • Holland Land Office Museum
  • House of K
  • The Insurance Center
  • Jackson St. Grill/Belladessa's
  • John's Service Station
  • Ken Barrett
  • KleenAll
  • L.C. Mosman
  • Lamb Family Medicine
  • Lawley Genesee
  • Lewis and Lewis
  • Main St. Pizza Company
  • The Mane Attraction
  • Margarita's 
  • Mark Lewis Agency
  • Matteo & Mullen, CPA
  • Matty's Pizzeria
  • Max Pies
  • Movies in Motion
  • Neptune's Garden
  • Next Level Fitness
  • O'Lacy's Irish Pub
  • Oliver's Candies
  • Optique
  • Pauly's Pizza
  • Pellegrino Auto Sales
  • Present Tense Books
  • Pudgie's Lawn and Garden Center
  • Roxy's Music Store
  • Sallome's Italian Deli
  • Select Collision
  • Settler's
  • Sloat Tire
  • Small World Realty
  • South Main Country Store
  • St. Joseph's School
  • St. Paul's School
  • Southside Deli
  • T.F. Brown's
  • Valle Jewelers
  • WNY Fireplace Outlet
  • Wortzman Furniture

Genesee County housing market poised for uptick, but not the bounce elsewhere in region

Posted by Billie Owens on April 20, 2009 - 5:10pm
Tagged in
  • batavia
  • business
  • real estate
Printer-friendly versionPrinter-friendly versionSend to friendSend to friend

The regional real estate market may be picking up steam, but the impact is muffled in Genesee County, according to Howard Cohen, owner of FearyCohen Realty in Batavia.

Cohen said since the Batavia area is considered a bedroom community -- meaning a lot of folks commute elsewhere to work -- it doesn't get big ups or downs in the market that metro and resort areas do.

"We have a stable market," Cohen said. "Most people tend to stay in the area, even when they buy up."

The Democrat and Chronicle reported this weekend that a tax credit of up to $8,000 for first-time home buyers is heating up home sales.

"The tax credit is making homes go off the shelves," said Garry Britton, an agent at Nothnagle's Fairport office.

Homes priced below $150,000 in good condition are moving swiftly, followed by those under $200,000.

The tax credit is available for first-time buyers, and returning buyers who haven't owned a home for at least three years, who purchase a home by Dec. 31. It allows them to get a tax rebate of up to 10 percent of the selling price, up to $8,000.

Existing home sales for January through March were 1,648 compared to 2,112 in the first quarter of 2008. That's a drop of 22 percent, according to the report released Thursday by the Greater Rochester Association of Realtors. The median house price of a house was $105,000, with half higher and half lower in price, which represents a 3-percent decline.

The data spans a 12-county area from Seneca Lake to Genesee County and Lake Ontario to the Southern Tier.

The tax credit may help improve those numbers, but it probably won't have much impact locally, according to Cohen.

"We don't have a lot of first-time buyers here," Cohen explained. "We're still in a bit of a slump, but sales are a little stronger that in the last period of 2008."

The folks at Bob Harris Realty said they are optimistic that the tax credit will help boost sales, plus buying typically picks up in springtime.

Real estate advisers say to avoid low-ball offers in these categories and to expect a negotiating window no greater than 5 percent.

  • Billie Owens
  • Login or register to post comments
WBTA AM-1490 Batavia, New York

Calendar

«  

March

  »
S M T W T F S
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 
 

Login or register to add an event
  • Regular meeting of Batavia School Board set for Monday
    March 22, 2010 - 8:00pm - 9:00pm
  • Batavia ladies' ministry invites people to make Easter crafts for old folks
    March 23, 2010 - 6:30pm - 7:30pm
  • 'Reel Discussions' at Batavia's Richmond Library
    March 25, 2010 - 6:00pm - 8:00pm
  • Batavia's Richmond Library holds 'Family Primetime Story Hour' on Thursday evenings
    March 25, 2010 - 6:30pm - 7:00pm
  • Longtime Stafford historian to be honored March 25
    March 25, 2010 - 7:00pm - 8:30pm
more
hawley_floater120x240.gif
margaritas_120x240.gif


The Batavian on Facebook

delevans_floater_120x240.gif
enchantedflorist_sunflowers_120x240.jpg
mattys_wingHQ_120x240.gif
optique_50off_120x240.jpg
matteo_mullen_floater_250x120.gif
Copyright © 2009 The Batavian. Some Rights Reserved. Privacy Policy | Terms of Service
Original content available for non-commercial use under a Creative Commons license.
Contact: Howard Owens, publisher (howard (at) the batavian dot com);(585)260-6970