New York City may be the largest real estate market in New York, and it is certainly the most expensive. However, there are several other major real estate markets in New York like Syracuse, and they are not subject to the same boom and bust as NYC real estate market. In this blog, our focus will be on the Syracuse real estate market trends and investment outlook for 2020.
Syracuse itself is home to around 150,000 people. That alone makes the Syracuse housing market the fifth largest in the state. However, the Syracuse housing market is much larger than this. More than six hundred thousand people live in the Syracuse metro area. In 2010, Forbes rated Syracuse 4th in “Top 10 Places to Raise a Family.”