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.
All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. CENTURY 21 Lakeside Realty Is a member of the National Association of REALTORS® Equal Housing Opportunity.
January 2014 real estate market numbers for Mahoning County, looking over the past 12 months, show little change from the previous 12-month period.
According to REALTOR.com’s January 2014 Housing Report, Ohio continues to experience a tight inventory of homes for sale. Listing prices are stable, and we are experiencing shorter market times. 
The term "Boomerang buyers" refers to those who lost their home to foreclosure or short sale, and have since recovered from the financial event that caused them to lose their home. They have been renting, repairing their credit, and are waiting until they can once again qualify for a home loan. Boomerang buyers are tired of renting, and have a strong desire to once again own their own home. They are the ones who need to come back to the market to sustain the real estate recovery and growth. Think about it:
More good news . . .