Buffalo-Cheektowaga, NY

There are many factors influencing real estate trends in the Buffalo-Cheektowaga, NY CSA. The area's population has been declining for several years, which has led to a decrease in demand for housing. This, combined with the fact that there is a large amount of vacant and abandoned property in the area, has resulted in a decrease in prices.

The decrease in prices has made the Buffalo-Cheektowaga, NY CSA an attractive market for investors. Many of these investors are from out of state and are buying up properties to rent or sell at a profit when the market improves. This is leading to an increase in competition for available properties, and as a result, prices are beginning to rise again.

It is difficult to predict what will happen in the future, but it seems likely that prices will continue to rise as more investors enter the market and competition increases.