August 4, 2022

Hi, Buffalo: Rising mortgage rates are just starting to impact home sales |

COMPILED BY SHAWN CAMPBELL







The time of dreams


James F. Markey and his girlfriend have been living in a rented house in the village of Elmwood for about a year, but they are ready to buy their own house.

The couple, both 25-year-old University at Buffalo graduates, had been looking for a three-bedroom home in Buffalo or the Northtowns since January. They’ve tried three times, but have been significantly outbid on each one, most recently in May.

When they began their search six months ago, the software consultant and occupational therapist, respectively, were told they could get a mortgage of up to $350,000 for just under 3%. Now, Markey said, they’re looking at 6.75%, a difference of almost $800 a month. So they give up the hunt for now.

“When home values ​​are dramatically inflated from where they should be and interest rates are high, you end up paying a ridiculous amount for a home,” said Long Island native Markey. “It would have been a bad financial decision.”

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Their experience may be a harbinger of things to come for Buffalo Niagara’s still sizzling real estate market.

Southern Junction’s smoked and fried cauliflower is packed with flavor and crunch. From market food to Southern Junction staple, classic Indian manchurian gobi (fried cauliflower and spicy sauce) is given a twist by Ryan Fernandez: coated in his homemade barbecue, then smoked. Get the full recipe >>

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WHAT WE TALK ABOUT

With the “literacy gap” widening, educators are turning to the science of reading: Some educators say more phonics is needed to improve reading scores. And a dozen groups have come together to raise awareness of the science of reading. Read more

Erie County is increasing training and monitoring of emergency call takers after laying off two employees: Erie County administrators say that despite two high-profile complaints about the abandonment of 911 emergency calls that resulted in the layoff of two county employees, including one involved in handling Tops shooting calls from 14 May most calls are handled professionally. But there is still room for improvement. Read more

Berm will protect wind turbines from Lake Erie storms: Late fall and winter storms along the eastern end of Lake Erie, and accompanying seiches, have hammered the shoreline for years, and now the wind turbine owner in Hamburg is seeking to prevent the lake to enter. Brookfield Renewable US plans to build a berm to protect its Steel Winds II facility from damage during storms. Read more

After supply chain delays, work is accelerating on Albright-Knox expansion: Albright-Knox Art Gallery construction workers installed the steel frames that will hold the glass curtain wall in the semi-transparent three-story Jeffrey E. Gundlach Building being constructed along the Elmwood Ave. Across campus, the steel frame of “Common Sky,” the sculptural canopy installed in the 1962 Seymour H. Knox Building, is welded, sanded, and painted. Read more

The fight continues: Man wins another court ruling in a battle with Orchard Park against a Tim Hortons: Ray Miranda used to say six years was a long time to wait for a cup of coffee. That was three years ago, and he’s still waiting to serve his first cup on Chestnut Ridge Road just outside the village of Orchard Park. But he may be getting closer. Read more

The Erie County Democratic Chairman is asking the City of Tonawanda to observe the June 16 holiday: During a Sunday afternoon press conference behind Tonawanda City Hall – the June 19 holiday – Jeremy J. Zellner said the state and federal governments have established Juneteenth as a June holiday. 2021 and October 2020, respectively, as is Erie County. And he criticized Mayor John White for not following suit. Read more

WEATHER REPORT

Another sweet day: WIVB says today will be partly cloudy with high temperatures between the mid-60s and below 70s. Read more

CRIME AND COURTS

The woman accused of beating a soldier during a protest was not targeting the police, the lawyer said: Deyanna J. Davis, 33, was not targeting heavily armed police with her vehicle in response to the police killing of George Floyd in Minneapolis, but was responding to the direction of a man in his SUV who had just pulled a gun at fire, according to his lawyer. Read more

Gramaglia hits parolees with guns after shooting two cops at point-blank range: “I can only guess that what was on this individual’s mind was that he had no fear of the criminal justice system,” Buffalo Police Commissioner Joseph Gramaglia said. “He had no fear of what would happen to him if caught with this weapon. We need violent offenders behind bars.” Read more

INVOICES

With minicamp in the books, a projection of the Bills’ 53-man roster ahead of training camp: The Buffalo Bills roster is unlikely to change that much by July 24. This is when the team will begin training camp at St. John Fisher College in Pittsford. Of course, GM Brandon Beane may decide to bring in another player to fill the last vacancy on the 90-man roster or remove someone to open up another spot, but overall the Bills will come into their summer break with basically the team they’ll be taking to camp. Read more

WITH YOUR MORNING COFFEE

“The Buffalo Zoo hit a home run with his latest installation – Zoomagination: The Festival of Lanterns and Lights,” writes Buffalo Rising’s Newell Nussbaumer. “This production is great, as seen in the photos, but there’s nothing such as to see everything in person.

There are 11 new neighborhood restaurants that deserve your attention this summer, according to Step Out Buffalo, which takes a look at what each has to offer.

Two Western New York educators have been inducted into the National Teachers Hall of Fame. Williamsville’s Thomas Knab and Springville’s Andrew Beiter were recognized, WKBW reports.

A World War II veteran who spent time in a German POW camp has been named WNY Heroes Veteran of the Year. WIVB spoke to 98-year-old Casey Bukowski about his honor.

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