Wednesday, 04 April 2012 07:00

Strong Home Sales Outlook For Summer

Realtors in the Greater Akron area expect to move more "For Sale" signs off of front lawns this spring and summer.

"We had a very, very strong fourth quarter of 2011 and we're set to have a very strong first quarter of 2012," Ali Whitley said, president of the Akron Area Board of Realtors.

Whitley says pending and closing sales are up by about 37 percent from last year. February figures in Ohio jumped 20 percent from the same time in 2011. The state of Ohio has seen eight straight months of growth, according to the Columbus Dispatch.

"Our sales have closed up and our pending sales are up as well, which leads us to believe that our closings will be strong throughout the whole first quarter of 2012 and moving into the summer," she said.

With new owners moving in, it could become competitive to find the right fit for those moving out.

"The inventory of homes available is going down. A home that is priced right and in good condition, is going to sell now," Whitley said.

She says families searching for their new home sweet home should be prepared to put down an offer and negotiate if they find what they want.

"If it is the home that you would love, make an offer and try to negotiate that sale," she said.

On the web: Akron Area Board of Realtors

Published in Local
Wednesday, 22 February 2012 12:49

Ohio Home Sales Climb

The housing market across the U.S. is showing improvement in the first month of the year and the same can be said here at home.

Sales were up close to 13-percent when you compare January of this year to January of 2011.

The Ohio Association of Relators reported 6,000 homes sold during the first month of 2012.

"Our market has now posted seven consecutive monthly sales gains, dating back to July 2011,” Association President Robert U. Miller said, in a press release.

"We're hopeful that the housing sector will continue to make progress throughout 2012 and build upon the solid foundation that has been established in recent months," he said.

The average price tag mirrors 2011 numbers at a little more than $115,000.

The association's most recent survey indicates real estate agents remain optimistic about the market in the coming months.

On the web: www.ohiorealtors.org

  

Published in Local