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Excerpt from Realtor.com

Syracuse Named One of Four "Healthy or Improving" Housing Markets in The Nation

Existing-home Sales Down in December but 2007 was Fifth Highest on Record

WASHINGTON, January 24, 2008 - Existing-home sales declined in December following several months of stable activity, with total sales in 2007 at the fifth highest on record, according to the National Association of Realtors®.  

National Association of Realtors President, Richard Gaylord said current housing conditions vary widely.  “Many local areas continue to have healthy or improving local housing markets,” he said.  “For example, we saw higher home sales last month in diverse areas such as San Antonio; Syracuse; Springfield, Ill.; and Sarasota, Fla.  If you’re thinking about getting into the market as a buyer or a seller, consult a Realtor® to learn about conditions in your area – they may be considerably different from the composite national picture.”



Projections for 2007 Ranked Syracuse
#1 in Northeast Region
#5 National
Projected Price Change
2007 @ 4.8%
and 2008 @ 3.6%
Moody's Economy.com & Fiserv Lending Solution 10/2006

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