Are you nervous about the economy and home buying or selling???
I remember many years ago...It was about mid 1980's when some of the banks failed in the midwest and left some very wealthy oil men broke! These were scary times and I believe the oil folks don't have to worry this time! ( LOL!! ) Then came 9/11 and if you recall the one thing Osama Bin Laden said was he wanted to bring down our economy. We were all very vigilant and kept going....behind the scenes, many aspects of our way of doing busines ie: mortgage guidelines were relaxed so more people could buy homes which in turn kept the "box" stores busy, contractors, builders and all the professionals like electricians, plumbers etc. This meant $$$$ was rolling in for many. But....this was a bandaid!!! And now we have to be careful when we spend our money on everything! Value is what we will all be looking at when making large purchases like a home.The home has to be in good condition mechanically and also needs to have the updates that people are looking for. As far as the economy overall.....I believe that we are in a big "correction" period. Things got too out of control! If you have good credit and a stable income/job...you can still do very well purchasing a home in the Syracuse and Central New York area. If you are a seller, make sure your home is in good mechanical condition and that your house has some of the updates folks are looking for so that you can be a better value when up against other properties in the same price range and area.