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Home Sales Improve Again in Ohio
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Sales Improve Again in Ohio
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Sales Improve Again in Ohio

August 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos continued to improve in Ohio during June while home prices jumped nearly 11 percent from the previous month of May according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 11,246 existing single-family homes and condos were sold in the Buckeye State in June. That was 2.0 percent higher than the 11,018 homes sold in May and 10.6 percent higher than the 10,165 homes sold in June 2011. It was the 12th consecutive month that year-over-year homes sales have improved.

The average sales price for an existing home in Ohio increased by 10.9 percent in June to $150,174, up from $135,450 in May, and was 5.6 percent higher than the average price of $141,793 in June of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “We’ve reached a significant milestone in our long journey toward recovery of the housing marketplace throughout Ohio, as sales activity has achieved 12 straight months of gains for the first time since December 2004 through November 2005. It’s apparent that we’ve begun to overcome the challenges stemming from the economic collapse of 2008 and have made strides in building a solid foundation for having a sustainable, growing marketplace going forward.”

Of the 20 local boards that provided data for the monthly report, sixteen of the boards reported sales gains or were unchanged from the previous year with the Athens Board (+52.4 percent) reporting the largest increase while the Mansfield Board (-10.6 percent) posted the largest year-over-year decline in sales.

The NEOHREX (Northeast Ohio Real Estate Exchange) recorded the most sales for the month with an estimated 3,609 home sales, up from 3,528 in May, while Columbus followed with an estimated 2,429 home sales for the month, up from 2,070 the previous month.

Year-over-year, twelve of the local boards posted an increase in their average prices led by the Ashland Board (+24.1 percent) with the Greater Portsmouth Board (-18.6 percent) posting the largest decline in prices.

Through the end of June, a total of 52,896 homes have been sold in Ohio, 12.8 percent higher than the 46,914 homes sold during the same time frame last year.

“Ohio’s REALTORS® remain extremely confident about our market – as interest rates remain at historic lows, prices have begun to trend upward, inventories are declining, sellers are increasingly realistic in their pricing expectations and consumers understand that long‐term, owning a home is a tremendous investment,” Miller added.

Tags: existing homes, condos, sales, median home prices, Ohio

Source:
OAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

August 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos continued to improve in Ohio during June while home prices jumped nearly 11 percent from the previous month of May according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 11,246 existing single-family homes and condos were sold in the Buckeye State in June. That was 2.0 percent higher than the 11,018 homes sold in May and 10.6 percent higher than the 10,165 homes sold in June 2011. It was the 12th consecutive month that year-over-year homes sales have improved.

The average sales price for an existing home in Ohio increased by 10.9 percent in June to $150,174, up from $135,450 in May, and was 5.6 percent higher than the average price of $141,793 in June of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “We’ve reached a significant milestone in our long journey toward recovery of the housing marketplace throughout Ohio, as sales activity has achieved 12 straight months of gains for the first time since December 2004 through November 2005. It’s apparent that we’ve begun to overcome the challenges stemming from the economic collapse of 2008 and have made strides in building a solid foundation for having a sustainable, growing marketplace going forward.”

Of the 20 local boards that provided data for the monthly report, sixteen of the boards reported sales gains or were unchanged from the previous year with the Athens Board (+52.4 percent) reporting the largest increase while the Mansfield Board (-10.6 percent) posted the largest year-over-year decline in sales.

The NEOHREX (Northeast Ohio Real Estate Exchange) recorded the most sales for the month with an estimated 3,609 home sales, up from 3,528 in May, while Columbus followed with an estimated 2,429 home sales for the month, up from 2,070 the previous month.

Year-over-year, twelve of the local boards posted an increase in their average prices led by the Ashland Board (+24.1 percent) with the Greater Portsmouth Board (-18.6 percent) posting the largest decline in prices.

Through the end of June, a total of 52,896 homes have been sold in Ohio, 12.8 percent higher than the 46,914 homes sold during the same time frame last year.

“Ohio’s REALTORS® remain extremely confident about our market – as interest rates remain at historic lows, prices have begun to trend upward, inventories are declining, sellers are increasingly realistic in their pricing expectations and consumers understand that long‐term, owning a home is a tremendous investment,” Miller added.

Tags: existing homes, condos, sales, median home prices, Ohio

Source:
OAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

August 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos continued to improve in Ohio during June while home prices jumped nearly 11 percent from the previous month of May according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 11,246 existing single-family homes and condos were sold in the Buckeye State in June. That was 2.0 percent higher than the 11,018 homes sold in May and 10.6 percent higher than the 10,165 homes sold in June 2011. It was the 12th consecutive month that year-over-year homes sales have improved.

The average sales price for an existing home in Ohio increased by 10.9 percent in June to $150,174, up from $135,450 in May, and was 5.6 percent higher than the average price of $141,793 in June of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “We’ve reached a significant milestone in our long journey toward recovery of the housing marketplace throughout Ohio, as sales activity has achieved 12 straight months of gains for the first time since December 2004 through November 2005. It’s apparent that we’ve begun to overcome the challenges stemming from the economic collapse of 2008 and have made strides in building a solid foundation for having a sustainable, growing marketplace going forward.”

Of the 20 local boards that provided data for the monthly report, sixteen of the boards reported sales gains or were unchanged from the previous year with the Athens Board (+52.4 percent) reporting the largest increase while the Mansfield Board (-10.6 percent) posted the largest year-over-year decline in sales.

The NEOHREX (Northeast Ohio Real Estate Exchange) recorded the most sales for the month with an estimated 3,609 home sales, up from 3,528 in May, while Columbus followed with an estimated 2,429 home sales for the month, up from 2,070 the previous month.

Year-over-year, twelve of the local boards posted an increase in their average prices led by the Ashland Board (+24.1 percent) with the Greater Portsmouth Board (-18.6 percent) posting the largest decline in prices.

Through the end of June, a total of 52,896 homes have been sold in Ohio, 12.8 percent higher than the 46,914 homes sold during the same time frame last year.

“Ohio’s REALTORS® remain extremely confident about our market – as interest rates remain at historic lows, prices have begun to trend upward, inventories are declining, sellers are increasingly realistic in their pricing expectations and consumers understand that long‐term, owning a home is a tremendous investment,” Miller added.

Tags: existing homes, condos, sales, median home prices, Ohio

Source:
OAR

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS