Rochester's Strong Real Estate Market

The Greater Rochester Association of Realtors reported this morning that the number of accepted purchase offers in the fourth quarter of 2011 were up 93 percent, signaling a strong start to the market this year.

Generally, purchase offers result in a close the following quarter.

Home sales in the fourth quarter were up 5 percent over the same quarter of 2010 with 2,243 closings.

I