Buffalo is located on Lake Erie and close to Niagara Falls. It is the second largest city in the state of New York. The capital growth in Buffalo is set to reach around 5% in 2008. There are many economic and infra-structure development projects that have either been completed, are under construction or planned. Buffalo has seen record investment recently, with over $3 billion in projects. One of the objectives of Buffalo
Niagara Enterprise, a private business development organisation, is to attract bioinformatics and human genome research companies to the downtown Buffalo Niagara Medical campus expanding the population across socio-economic groups. The real estate market remains ‘investor driven’. Buffalo has been in recession, but there are many signs to indicate that this is changing, and now is the right time to invest in one of the cheapest housing markets in the world.