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According to the Greater Syracuse Association of Realtors, average home prices in Central New York climbed 14% to $229,000 in January, even as sales dropped by 7% and inventory increased by 28% due to fewer new listings.
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The price of homes is rising in Central New York due to many buyers going after a small number of newly listed homes.
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As many celebrate Micron's commitments to advancing the workforce and overall economic development of the CNY area, some are concerned there will be a lack of housing as the area grows more attractive.
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Median home prices set another record in Central New York for the second consecutive month.
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Data provided by the Greater Syracuse Association of Realtors shows there are more houses listed at higher prices.
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Some Central New Yorkers could unknowingly be moving into a house that once was a methamphetamine lab. Senator Chuck Schumer announced legislation…