Booming Real Estate Market in Western New York

May 28, 2013 Updated May 28, 2013 at 7:14 PM EDT

By Hilary Lane

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May 28, 2013 Updated May 28, 2013 at 7:14 PM EDT

BUFFALO, NY (WKBW)- Partly due to low interest rates, homes all over the region are selling in a matter of days and sometimes, hours.

Many sellers are even getting more than the asking price.

While homes in suburban areas like Williamsville, Amherst, and East Aurora continue to be in high demand, realtors say there has been a resurgence in the housing market in South Buffalo.

"Most of the time if the house is priced right we'll get multiple offers, sometimes two, three, four offers at a time," said said Jim Roberts, of WNY Metro Roberts Realty.

Roberts said buyers can get a $100,000 home in South Buffalo and save tens of thousands of dollars over the a similar property in the Eastern suburbs.

Those South Buffalo buyers could also pay more than fifty percent less in
taxes.