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Buffalo Mortgage Quotes And Real Estate


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Buffalo Mortgage and Real Estate Facts

Overview

Buffalo has 1,672 housing units, combining houses, condominiums, and apartments. About 67% of housing units in the city are owner-occupied.

Buffalo Mortgage

About 50% of owner-occupied housing units in Buffalo have a mortgage of one type or another. Approximately 13% 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 Mortgage50%
With A Mortgage50%
First Mortgage Only38%
Second Mortgage or Home Equity Loan13%
Second Mortgage Only10%
Home Equity Loan Only3%

Buffalo Housing Expenses

CategoryValue
Owner Costs as % of Income14.1%
Median Real Estate Taxes (2000)$653

Buffalo Household Size

CategoryValue
Total Occupied1,672
1-Person Households34%
2-Person Households36%
3-Person Households13%
4-Person Households10%
5-Person Households7%
6-Person Households1%
7+-Person Households0%

Buffalo Housing Stock

CategoryValue
Median Year Built1965
Median Year Built (Owner Occupied)1961
Median Year Built (Renter Occupied)1971

Buffalo Home Heating

CategoryValue
Using Utility Co. Gas Heat84%
Using Bottled/Tank Gas Heat2%
Using Electric Heat11%
Using Oil Heat0%
Using Coal1%
Using Wood Heating2%
Using Solar Heat0%
Other Heating0%
No Heating0%

Buffalo Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom6%
2 Bedrooms30%
3 Bedrooms36%
4 Bedrooms24%
5+ Bedrooms4%

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