real estate

The Buffalo region has made it on the top 10 list of most recovered housing markets in the nation.

RealtyUSA

A Lockport real estate broker is facing up to a year in prison and a $100,000 fine for not providing a lead paint warning notice to a property buyer.

Photo courtesy of Buffalo Spree

The real estate market in the Buffalo Niagara region is red hot. The March issue of Buffalo Spree explores both residential and commercial real estate in Western New York. Editor Elizabeth Licata says the region experienced little impact from the bursting of the housing bubble in 2008. She tells WBFO's Mark Scott in this week's Press Pass it was that stability which is contributing to the hot market now.


glenabbey.clublink.ca

Real estate prices in the Toronto and Vancouver areas have skyrocketed to such an extent that the Canadian government has raised concerns. In Vancouver, the British Columbia government has imposed a tax on foreign buyers. The Bank of Canada is also concerned about the overheated real estate markets. One sector that's been feeling the pressure for a couple of years is golf courses.


Everyone who purchases a home remembers worrying about the mortgage, worrying about the closing date and worrying about all the checks to be written to pay for the whole process. On this week's edition of You & The Law, attorney John Delmonte says it's getting even more complicated.


Omar Fetouh/WBFO News

The iconic One Seneca Tower is being placed on the auction block today. The 850,000 square-foot building at the foot of Main Street is almost completely vacant. Buffalo's tallest building is currently valued near $15 million.

File photo

A recent survey by one of Canada's big banks suggests that the cost of renting or owning a home in the city of Toronto is climbing out of reach of most residents.

The home buyer has a lawyer and the home seller has a lawyer, but the realtor in the middle of the transaction doesn't usually have a lawyer. On this week's edition of You & The Law, attorney Marc Brown argues the person in the middle needs an attorney, as well.

cashauctions.com

A former nursing home on Buffalo's Symphony Circle is being turned into offices and market-rate apartments.