I think all this started when the weather started to break. High taxes, high property taxes and school taxes coupled with the fact that the economy is not totally healthy doesn t help the real estate market very much. The fact that we don t have any major business or industry right down here in this portion of Oswego County doesn t help the market either. Being the largest realty organization in the county, we have to be concerned, as it s only natural that we would feel the most impact. It appears that prices have leveled out at this point, so the market has definitely turned upward.
Interest rates are still low, and that in itself is a motivating factor.
The business climate could be better, but appears to be getting slowly stronger, with quite a few people transferring into, and not out, of the area.