Greg Straus doesn’t need a study to tell him just how tight the region’s real estate market has become.

All he has to do is look at the open houses his company, 716 Realty, runs every weekend.

Straus said a house on John Street in the Village of Akron attracted more than 50 people and ended up attracting four bids, with the house selling for $150,000.

“Doesn’t that speak to what many consider a limited supply,” Straus said.

A study compiled by Realtor.com found that Buffalo has the…






More...