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Market Snapshot
Dreaming of a place with a bustling economy that still retains a country-like vibe? Then Albany is definitely the place to relocate to. As the capital city of the state of New York, Albany is the vortex of culture, economy, and infrastructure. However, as the sixth largest city in the state, it has been overtaken by larger metropolises in terms of crowds and noise. As a result, Albany managers to balance peace with functionality, making it the ideal place to work and live.
With so many businesses and companies in this city, the odds are definitely in the favor of the job seeker. Some of the Fortune 500 companies that have set up shop in this city include American Express, Merrill Lynch, and General Electric. Various tech companies have also taken notice of the opportunities available in Albany, though the city’s economy is largely dependent on government, education, and health care. This explains why Forbes Magazine listed the Albany area as the ‘Best City for Jobs’ in 2012.
As the home of the first successful passenger steam railroad, one can be sure that the present-day transportation system in Albany is a cut above the rest. It is the capital after all, and the well-carpeted roads are the envy of many. There is also a major airport that is serviced by six major airlines, and a public transportation system that services the entire area.
Albany is a city that welcomes people from all cultures and countries, making it a true melting pot. The Albany Institute of History and Art, and the New York State Museum are great spots to explore the history and charm of this area. To truly get lost in the Albany experience, visit the Crossgates Mall to for shopping that will make you understand why Albany has it all.
Whether you are here to work or raise a family, you’ll need a place to live. New Home Source has consolidated all the necessary information on new homes in Albany. Condominiums and town homes generally cost between the mid $200s and the upper $200s, which is pretty affordable. Amedore Homes Inc builders have excellent home designs, and you can choose the size and features that tickle your fancy.
Become part of this bustling city with the help of New Home Source. Go through our listings and choose a home that suits your needs.