BOMA Rochester Newsletter
UPCOMING EVENTS
BOMA GOLF TOURNAMENT
BOMA 2019
Golf Tournament
September 9, 2019
Ravenwood Golf Club
Registration | 10:30 am
Lunch | 11:00 am
Shotgun Start | 12:00 pm


Sponsorships Available
Presenting Sponsor | $3,000
Putting Contest Sponsor | $500
Driving Range Sponsor | $500
Closest to The Line Sponsor | $500
Longest Drive Sponsor | $500
Par 3 Hole with Table Sponsor | $500
Lunch Sponsors | $275
Dinner & Reception Sponsors | $275
Dessert Sponsor | $275
On Course Beverage Sponsors | $275
Hole Sign Sponsors | $125
Raffle Sponsor | In Kind 
Interested in Sponsoring?
Contact Jenna at bomarochester@gmail.com
FUTURE EVENTS
BOMAtoberfest
New York Beer Project
October 2, 2019
4:00 - 6:00 PM
Riverwood Tech Campus
November 20, 2019
5:00 - 7:00 PM
Save the Date!
BOMA Christmas Party
Radio Social
December 12, 2019
4:30 - 6:30 PM
2019 CHARITY
BOMA Rochester proudly supports
A grassroots non-profit organization created by a collaboration of educators and parents. The mission is to provide traditional family experiences for families in Rochester, NY and surrounding areas. The Family Autism Center is an inclusive organization, and serves families dealing with Autism Spectrum Disorder and other developmental delays as well as families without disabilities. 
INDUSTRY NEWS

Co-living spaces:
How millennials, Gen Z create affordable rent situations in big cities

With millennials  carrying more student debt  than ever before,  earning less than their parents  and dealing with  unaffordable high rent prices  in big cities, experts say "communal living" spaces in today's sharing economy are both convenient and necessary.

Compared with traditional home buying or apartment renting, today's cohabitation market is friendlier to lower credit scores, laxer with security deposits and offers greater flexibility than traditional leases with multiple roommates.

The lifestyle is often compared to adult dorms, with the communities formed intentionally for residential transplants. Hot spots span from L.A. to New York City, with budding hubs in metro areas nationwide.

Article & photo courtesy of USA TODAY
ROCHESTER NEWS
Want to Buy a Home?
These are the Top 10 Hottest Housing Markets in the Country

Homebuyers are skipping the suburbs and exurbs of big cities and instead flocking to smaller, more affordable metro areas, according to Realtor.com’s list of hottest ZIP codes in the U.S., released exclusively to USA TODAY early Wednesday.

Millennials are driving the popularity of these areas – from Shawnee, Kansas, to Goffstown, New Hampshire. They are looking for cheaper housing that isn’t too far away from the downtowns of the nearby cities where they can dine, shop and work.

Affordability has been the motivating factor for the last five years as housing prices in some markets become too high. But this year’s even more extreme, says Danielle Hale, chief economist at Realtor.com.

“Those markets that came on the list versus those that fell off are much less expensive, about a third less expensive,” she says. “That’s helping those areas to attract buyers, particularly entry-level buyers and millennials, who are the biggest segment of buyers in the market.”

Half of the top 10 ZIP codes are making their debut on the list. The study ranked how hot a ZIP code was by how long it took a house to sell in a market, as well as how often that market was viewed on realtor.com, an aggregate of home listings.

Here are the hottest ZIP codes for housing:

Rochester, New York (14609)
Young professionals are flocking to this city on Lake Ontario for job opportunities in education and health care, along with the Wegmans Food Markets, which is headquartered there.

Time on market before selling:  17 days
Median listing price:  $125,050, up 13.7% year over year

Millennial buyers make up 43% of new purchase mortgages.

Article & photo courtesy of Democrat & Chronicle
BOMA ROCHESTER SPONSORS


BOMA Rochester Partner
National Fire Adjustment Co., Inc.


BOMA Rochester Gold Sponsor
Servpro of NE & SE Monroe County
Contact Jenna at bomarochester@gmail.com for more details!
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