Tuesday, October 26, 2010

Don't Stress Too Much About Approaching CNY Winter Weather














“I don’t see myself living anyplace else”.

In Syracuse,  April through October are as good as it gets. Spring can be cool, but it’s great, especially once it gets warmer. Summers are great. They can be hot, but not so hot that it’s unbearable. Fall is always beautiful. Really, it’s good until December here, and then it’s Christmas. January and February are the toughest months, but that’s right in the middle of basketball and I don’t notice it.”

~Jim Boeheim










CLICK HERE For Coach Boeheim's Take On The Syracuse Weather

CLICK HERE For Local Meteorologist/Celebrity Tom Hauf's Take

The Farmers Almanac named Syracuse as the nation's worst (Best?) winter city.  That still may be true but keep in mind that temperatures are slowly warming and that one day, possibly sooner than later, we will have a better winter climate.  I view Oneida Lake as a very good indicator for the area's climate change.  The lake has far less winter ice cover than it used to.  The average summer season water temperature on Oneida Lake has risen from 66 degrees in 1975 to more than 68 degrees today. 

I personally like the winter weather and as Jim Boeheim says, "The weather is great in Syracuse for most of the year and when it's not you have basketball season".  We are very lucky to have such a great diversion during the cold weather months.
 
The Climate Prediction Center is still indicating fairly mild and relatively dry conditions for Central New York for October and November.  Winter conditions will be fairly typical with indications that the heaviest snows will fall in February.  I'll be enjoying the winter weather as well as our fine basketball team.  Go Orange!

~Tom Hauf

GOOD NEWS! National Real Estate Data is not Central New York Data.
















I'm not an economist but I can tell you with confidence that the real estate news reported nationally and locally, coming from the Associated Press, Washington Post or New York Times, etc., does NOT portray the real estate market here in Syracuse and Central New York. 

Sure, if your selling your home, the market value is less than you had hoped.  However, if you compare our market to the markets we keep hearing about... Arizona, Nevada, Florida, etc., ...things here look really good.  There aren't alot of foreclosures like we here about nationally, and...Values haven't dropped as drastically as we keep hearing about.  The "Bubble" never became over inflated here. 

If anything, Syracuse is in a position to benefit from the downturn in the rest of the country.  Our cost of living is low... our unemployment is lower than the National and State rate ( 7.5% Syracuse compared to 9.2% National and 8.3% New York State).   People who left the area for jobs and opportunity are strongly considering a move back, and students graduating college are strongly considering building a future here.

This is an amazing time to be a buyer in the Central New York real estate market.  Housing is selling at discounted prices and money is cheap.  Lenders are approving loans at and around 4% for a 30 year mortgage.

I cannot believe some of the deals that are out there.

If you don't believe me...take a look for yourself...I dare you...

http://www.cnyrealtor.com/findahome

http://www.syracuse.com/news/index.ssf/2010/10/fed_official_upstate_economy_d.html


http://www.syracuse.com/news/index.ssf/2010/11/syracuse_areas_unemployment_ra_1.html

If your on the fence about buying a home in the Central New York, Syracuse area...jump over the fence.  You won't regret it.

Syracuse is a great investment!

REbirth Of A City




This New York Times blog is one small example of why Syracuse IS a great place to live.

http://opinionator.blogs.nytimes.com/2010/08/10/rebirth-of-a-city/?scp=2&sq=SYRACUSE&st=cse

"I recently moved back to Syracuse as well after floating around to a couple cities (Metro DC and Hartford, CT). I didn't grow up here. Syracuse University is what introduced me to this city. Every day I was away I missed it. I missed its people; its restaurants; Its culture; its diversity. It has the bells and whistles of a large city -- minus the traffic. Sure, it's cold and snowy in the winter here, but the people are anything but cold. I know and trust my neighbors. There's a sense we're "in this together". While this city has been bruised by years of neglect and uncontrollable economic decay, there is a light at the end of the tunnel. I bought a house here. I'm invested in Syracuse's future. The tax situation could be better, but still...I pay $1000 a month (taxes included) for a beautiful 4 bedroom home in a safe and inviting city neighborhood. I'm proud to call Syracuse home. It holds a special place in this 29-year-old's heart and will for many years to come."

~ A Young Professional in Syracuse