Blogs

Foreclosures on the Rise Again? What's UP?

What does it mean?  Well, aside from more homeowners displaced . . . which is very sad . . . and more opportunities for buyers who are looking for distressed properties . . . good for them . . . it is more of a 'timing' issue with the large institutional lenders than anything else.  It's a combination of that 'shadow' inventory you've been reading about and the upcoming holiday moratorium on foreclosures.

Yes, there are still a lot of folks who are having trouble meeting their mortgage obligations, for sure.  Bad things sometimes happen to good people, so there will always be foreclosures.  Read what the experts have to say about the recent spike.  Big Spike Shows Foreclosure Crisis Isn't Over -

In October, foreclosures posted the biggest monthly gains since the peak of the crisis in 2010, but find out why housing analysts aren't... [Nar Daily News Magazine]

Welcome to Shaylynn Gosney and Katy Horner!

We're happy to welcome two new members to our staff of professionals!


Shaylynn Gosney Katy Horner
   

Shaylynn and Katy's special skills and talents will make a great addition to our group.

Welcome Zakk Easterbrook!

We're pleased to welcome Zakk Easterbrook to our staff of professional REALTORS®.

Zakk is a graduate of Poland Seminary High School and received his real estate education at Youngstown State University.

Besides real estate, his passions are the great outdoors and animals.

Contact Zakk for all your real estate needs.  

Join Us In Welcoming Nancy Mesmer!

We're very pleased to welcome Nancy Mesmer to our talented staff of real estate professionals!  She will be a real asset to our team, and we all look forward to working with her and her clients.

"Buying or selling real estate is probably the largest transaction of your life, and probably one of the scariest and most nerve wracking one as well.", says Nancy.  "I want to make it one of the most fun, smoothest and most exciting.  From ever changing business and personal needs, I will help you meet or exceed your goals for real estate."

Nancy would love to hear from you and help you with your next move!  Call her anytime at 330-651-0466 or send her an email.  She's never too busy for you!

Low Housing Inventory is Frustrating for Buyers

Just when you thought it couldn't get any lower . . . geez!

The inventory of homes for sale is by far at it's lowest level in the past 10 years.  This is very frustrating for buyers.  That 'dream home' just may not be on the market.  There isn't that much to pick from.  Buyers who are ready to buy now are having to make compromises.  

When a really clean, nice house comes on the market, it is selling pretty fast and at a pretty good price.

Check out this chart showing housing inventory levels from 2004 to 2014.  It's a little hard to read, but each indicator across the bottom of the chart is a year . . . from 2004 to 2014.