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…….Home of OZ!
This is a wonderful, charming and quaint village on Chittenango Creek. Just a few miles out of town is Chittenango Falls State Park, what a magnificent waterfall!
Chittenango is a village which literally means “where the waters divide”. It is situated in Madison County in the Syracuse metro area. With an estimated population of 4876 when last taken in 2003, it is at an elevation of 453 feet. Basically, the construction of Erie Canal in 1825 was largely responsible for the growth of this village. The canal joins Buffalo with Albany. Though Chittenango was not on the waterway, the canal company constructed a canal, just north of the village, upon which it became a virtual canal town. Thus it brought expansion, growth and prosperity to the village, further leading to hotels, restaurants, inns, farms and factories.
The canal also serves as a good means of transport to the Hudson River through which boats could transport to the metropolis of Manhattan. Officially incorporated in 1842, the Chittenango had only about 1000 inhabitants, 180 houses, 3 churches, a large woolen factory, 1 flooring mill and a polytechnic institute in the name of Yates. Chittenango Bank was started in 1853 but could function only for one decade, later to be replaced by the First National Bank of Chittenango.
There is a Sullivan free library in Chittenango. To the east of Cazenovia lake, is situated the picturesque Chittenango falls lake park which is the main tourist attraction. Falling from a height of 167 feet, it cascades roughly over 400 million year old bedrock. Various kinds of activities are carried out in the park such as hiking, fishing, nature trail, a playground and picnic tables with pavilions. It is also famous for the endangered species- amber snail. Thousands of visitors come to the park every year for outdoor recreation facilities. The view of the fall from the top is breathtaking and there is a steep uphill trail through which the visitors can walk along, towards the top of the falls. There are several viewing spots there.
Of the various festivals of Chittenango, the most famous is the three day annual festival; called Oz-Stravaganza which celebrates the literary works of the author L. Frank Baum who was a Chittenango. The festival is held during the first week of June and spanning a week, it consists of various events including a parade of many community groups. Interestingly, many actors from the film, “The Wizard of Oz” like Jerry Maren, Margaret Williams Pellegrini, Karl Slover and Meinhardt Raabe have been featured in this parade. The wizard of Oz theme continues even beyond the annual festival and is quite famous to be prefixed and suffixed with many businesses such as Oz Cream and Land of Oz, etc.
Real Estate in Central New York – Chittenango, Onondaga County
The Central New York region has been one of the best in the country in terms of the Real Estate. The Real Estate Market in the Central New York region has been the picture of stability in a time when volatility has been a common feature of Real Estate Markets around the US. The recession has hit the people hard in pockets and the purchasing power has decreased rapidly. The demand for homes and properties has gone down correspondingly.
The collapse of the lending institutions has brought about a decrease in the borrowing that people do. Many who had taken a loan or any other credit to buy a house had to deal with foreclosure. Even in this devastating economic climate, the Central New York Real Estate Market, particularly Onondaga County Real Estate has been able to maintain some of the lowest number of foreclosures in the country, which is remarkable putting everything into perspective.
Syracuse New York is a major metropolitan city in the Central New York Region. It is the only large city in the County of Onondaga and the Real Estate Market in Syracuse has been successful over the past few years instead of going down. Most of the metropolitan areas in the country have become very expensive to live in. This has made it difficult, for some impossible, to buy a home. Not so in Central New York.
Syracuse has been a major contributor to the sustainability of the Central New York Real Estate Market. According to the data provided by the National Association of Homebuilders, Syracuse is ranked as one of the top metropolitan cities in terms of housing affordability. You can easily buy an affordable home for yourself in Syracuse.
Finding homes in Syracuse is easy when visiting any of Dave Pridgen’s many websites. Studying the market trends, the Syracuse Real Estate Market is expected to be a profitable one and making an investment now will not be a bad decision. The stability in the Syracuse Real Estate Market ensures that any property you buy will not diminish in value in the foreseeable future.
On the contrary, as the financial markets recover from the ongoing recession, Real Estate prices around the country, in less stable areas, are unpredictable. As mentioned above, the Syracuse Real Estate Market has some of the most affordable homes in the USA and you don’t need to give an arm and a leg to get one for yourself. This is great news for people who are looking to move to Syracuse in the near future.
The Central New York Real Estate Market is one of the best options for anyone wanting to buy a home for their family or making your Real Estate Investment portfolio grow.
