Our Real Estate Blog

Mahoning County Real Estate Market Indicators November 2012

What's Up?  Pending Sales, Closed Sales, Median and Average Sales Prices . . . the upward trend continues!

What's Down?  Days on Market . . . a good thing. 

What about available inventory?  We have only 8.4 months supply of available homes, down 24.8% from 11.2 months in November of 2011.  Low inventory levels continue to provide a challenge to the ready, willing and able buyers out there. 

Ready to sell your home?  Get geared up now to put your house on the market right after the holiday.  Take advantage of the fact that pre-approved buyers are waiting in the wings for the right property to become available.

Contact Us for a complimentary market analysis to learn the current value of your home. 

 

Click on the Attachment link below to view the full November 2012 Market Indicators report provided by the Youngstown-Columbiana Association of REALTORS®.

Happy Holidays!

 

 

Happy Holidays

to You & Your Loved Ones

From all of us at

Lakeside Realty!

 

 

 

 

More Americans Believe Economy Headed in Right Direction

More Americans Believe Economy Headed in Right Direction - Despite continued uncertainty surrounding the fiscal cliff, Americans are showing increased confidence in the housing market and the direction of the economy. According to results from Fannie Mae’s November 2012 National Housing Survey, such improvement bodes especially well for continued strengthening in the housing sector, which in turn is likely to support overall economic growth. [...] [Daily Real Estate News]