Buffalo, NY Received a Slew of Accolades in 2009, Outlook Excellent for 2010

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The Buffalo, NY area received several significant awards and commendations in 2009, praising its architecture, art scene, preservation efforts, green initiatives, and more. Buffalo Realtor Michael Olear also cites local real estate markets’ strong performance as a good indication for the region’s future.

Buffalo and its surrounding areas are very much alive right now and all these recent accolades and new developments are having a positive impact on the housing market here.

Buffalo, NY raked in a profusion of accolades from award-giving bodies and media outlets in 2009, signaling a renaissance in the Queen City. It was named one of the country’s Dozen Distinctive Destinations for the year by the National Trust for Historic Preservation; one of The New York Times’ 44 Places to Go in 2009; and New York Magazine also included it in its list of the best closely located vacation destinations in its “The Under-400-Mile Escape” article.

“Buffalo and its surrounding areas are very much alive right now,” says Buffalo and Amherst, NY real estate specialist Michael Olear, “and all these recent accolades and new developments are having a positive impact on the housing market here.” According to figures from Zillow, an Amherst, NY home has had a 3.4 percent year-over-year increase in home value from 2006 to 2010, while Buffalo, NY homes for sale have had a 6.3 percent year-over-year increase in the same period.

“It’s easy to see what makes this area so attractive,” says Olear, who has specialized in Buffalo and Amherst real estate for more than two decades. “The cost of living is low here, you have a short commute time to work, there’s a buzzing arts and entertainment scene, and no matter what time of the year it is you’re likely to find something fun and exciting to do outdoors.”

Nestled along Lake Erie and close to Niagara Falls, Buffalo and its surrounding communities are located in a varied, beautiful natural setting which offers numerous opportunities for outdoor recreation. The city is famous for its architectural masterpieces as well. Buffalo has a high concentration of Victorian architecture, as well as Art Deco, Beaux-Arts and Romanesque homes and buildings.

More information on Amherst and Buffalo NY homes for sale can be found in Michael Olear’s newly relaunched website, Olear.com. Designed to be as user-friendly as possible, the site features advice for buyers and sellers, as well as guides on senior housing and relocation to the Buffalo area. Olear heads the Olear Realty Group at MJ Peterson Real Estate and also provides specialized services for seniors and caregivers.

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