Investing in Syracuse

Syracuse is the city of the future and the reasons are legion:
· Syracuse has been recognized as an excellent place to work and live; its Cost of Doing Business Index is sixth-lowest in the nation at 87.7 (a score of 100 is average)
· Expansion Management magazine listed Syracuse among the country's top 50 cities for business relocation and expansion.
· Recent studies indicate Syracuse is leading the state in job growth.
· Several national studies identify Syracuse as the 1st or 2nd best real estate investment market in the United States.

There is every reason to think our fortunes are on the rise regardless of the condition of the nations economy.
Economic Outlook Presentation by Regional Economist Gary D. Keith, M&T Bank

Answers.com: Syracuse Economy
Destiny USA
State of Syracuse's Economy
Destiny - Project EverGREEN SchoolsŪ
BNET - Business Network on Syracuse Economy
Syracuse Economy Faring Better Then Others
Colleges emphasize green technology.

The economic bailout just adds to the boom. Not only is Syracuse holding steady, it is poised to receive perhaps billions of tax dollars aimed at green development. Destiny will have the largest solar array in the world.

When finished, Destiny will be more then twice the size of the pentagon It will be entirely energy self-sufficient and will house a research center for the development of "Green Technologies".

Several existing environmentally oriented firms and research efforts flourish in Syracuse. They will also be receiving their share of the "green" funding, and new firms are moving in.

All this means jobs. We're at the bottom of a world-wide economic downturn unequaled since the great depression, but Syracuse will have jobs; more jobs then our population can begin to fill. Thousands and thousands of jobs. One estimate is that the 20 billion dollar Destiny project and it's spinoffs will generate 120,000 jobs by itself.

As you can see from the chart to the left Syracuse has maintained around 225,000 jobs over the past 18-20 years. An increase of this many jobs will energize the economy beyond belief, and this does not take into account the investments and explanations in Syracuse by such firms and Martin Marietta, Obrien and Gear, Honeywell, and the numerous spinoffs from a rapidly growing major university and a medical industry which is rapidly becoming an internationally recognized center rivaling Boston and New York.

In a nutshell, wages will climb, the demand for housing will increase, rents will increase, the quality of tenant will increase, property values will climb and we will be on the upside of the real estate invertmeny cycle in a big way.

 

Fill out and send the guick contact form and we'll get in tough with you about your property.

Quick Contact

Name:

Phone:

Email:

Copy the immage characters into the box and send.

New Image

Internal sources and links.

Home	Available Rentals	Management Contract	Rent to Own Explained
Rental Application	Property Mgmt General	Rent to Own Benefits	Lease
FAQ's for Owners	Rent to Own FAQ's	Report Repairs	Analysis Tools
Landlord-Tenant Relations	Free Estimate	Vacancy Waiting List	Tenant Rights
Property Evaluation Services	Chris Moreland	Contact Us	Email Chris
Email Mel & Jay	Investing in Syracuse	Investment Outlook in Syracuse	Property Evaluation Form
Syracuse Economic Outlook	Investment Calculators	Lease	Contract