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Buffalo Mortgage Quotes And Real Estate


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Buffalo Mortgage and Real Estate Facts

Overview

Buffalo has 122,720 housing units, combining houses, condominiums, and apartments. About 43% of housing units in the city are owner-occupied.

Buffalo Mortgage

About 64% of owner-occupied housing units in Buffalo have a mortgage of one type or another. Approximately 15% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Buffalo area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Buffalo Mortgage Statistics

CategoryValue
Homes With No Mortgage36%
With A Mortgage64%
First Mortgage Only49%
Second Mortgage or Home Equity Loan15%
Second Mortgage Only6%
Home Equity Loan Only9%

Buffalo Housing Expenses

CategoryValue
Owner Costs as % of Income19%
Median Real Estate Taxes (2000)$1,299

Buffalo Household Size

CategoryValue
Total Occupied122,720
1-Person Households38%
2-Person Households28%
3-Person Households15%
4-Person Households10%
5-Person Households5%
6-Person Households2%
7+-Person Households1%

Buffalo Housing Stock

CategoryValue
Median Year Built1939
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1940

Buffalo Home Heating

CategoryValue
Using Utility Co. Gas Heat96%
Using Bottled/Tank Gas Heat1%
Using Electric Heat1%
Using Oil Heat2%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Buffalo Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms18%
3 Bedrooms50%
4 Bedrooms20%
5+ Bedrooms9%

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