What are Boomerang Buyers?  Buyers who went through a Short Sale, Foreclosure or Deed-In-Lieu with their lenders over the past several years and have since saved up the money for a down payment and cleaned up their credit as much as they could.  Read on to learn how you may be able to become a homeowner again.

'Boomerang Buyers' Are Staging a Comeback -

Former home owners who went through a foreclosure, short sale, or bankruptcy are ready to buy again and poised to flood the market. Will you be... [Nar Daily News Magazine]

Did you hear the Youngstown Metro area (including Mahoning, Trumbull & Mercer Counties) was ranked #4 in the top 10 cities for baby boomers according to a study by LifeGoesStrong.com?

In the real estate business we have seen many people return home to the Youngstown area after retiring from their jobs that took them to other areas of the country.  Retirees want to be close to family, old friends, and familiar places.  The low cost of living and affordable housing are important to retirees as well as the availability of health care, shopping, golf courses . . . and of course the midwestern values.

The Youngstown metro area truly is a great place to live for lots of reasons . . . read the full article at LifeGoesStrong.com.

Join us in welcoming Tom DePoy to our staff of professional Realtors®!

Tom was born and raised in the Valley and has been serving valley residents as a Mahoning County Deputy Sheriff since 1995.  

After purchasing several rental properties in the Youngstown area, Tom decided to pursue his real estate license.  Tom believes in our community and the people of Northeastern Ohio, and his mission is to provide exceptional real estate service to all of his clients. 

Contact Tom for all your real estate needs.

This is an interesting article about how investors are leading the housing recovery and the impact on current inventories, home buyers, renters, and the future of the housing recovery.  It's worth the read.

Investors and the Home-Rental Market - In traditional housing recoveries, individuals and households provide the bulk of the demand the market needs to rebound. This time, though, a different kind of buyer has been powering the housing recovery: investors looking for valuable rental property. Along with individual investors, institutional investors have poured into the single-family home market, buying enough foreclosed and [...] [Daily Real Estate News]

What does the real estate market look like in Mahoning County for the first quarter of 2013 compared to the first quarter of 2012?

• Pending Sales are UP 10%
• Closed Sales are UP 17%
• Median Sales Prices UP 17%
• Average Sales Prices UP 14%

It is taking less time, on average, to get homes sold . . . down to 120 days from 147 days.