There are 1 blog entries for January 2010.
Saturday, January 30th, 2010 at 9:52am. 834 Views, 0 Comments.
A historic home in Chautauqua County is no longer on the market, thanks to a $3 million deal.
Richard Benedetto, broker and co-owner of Real Estate Advantage, reported that his firm will be closing out this year with the recent sale of the Packard Manor Estate at 10 Elm Lane. The property located on the shores of Chautauqua Lake sold for a reported $3 million.
"While property values have plummeted in other areas across the country, the jewels of Chautauqua Lake and Chautauqua Institution have held their value," said Benedetto, who participated in the sale of the manor. "Like all market segments, the luxury housing market is experiencing unique challenges. Although the residential real estate market in the Southern Tier has not been immune to the…
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