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Home Sales Up for Eighth Consecutive Month in Ohio
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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 SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Home Sales Up for Eighth Consecutive Month 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
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Home Sales Up for Eighth Consecutive Month in Ohio

April 5, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos in the state of Ohio improved for the eighth consecutive month in February according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 6,608 existing single-family homes and condos were sold in the Buckeye State in February. That was 9.7 percent higher than the 6,022 homes sold in January and 19.3 percent higher than the 5,537 homes sold in February 2011.

The median sales price for an existing home in Ohio increased by 0.5 percent in February to $116,196, up from $115,616 in January, but still 1.3 percent lower than the median price of $117,786 in February of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “Our market has now posted eight consecutive monthly sales gains, dating back to July 2011. We’re extremely hopeful that the housing sector will continue to make progress throughout 2012 and build upon the solid foundation that has been established in recent months.”

Of the 19 local boards that provided data for the monthly report, eighteen of the boards reported gains or were unchanged from the previous year with Marion (+50.0 percent) reporting the largest increase while Athens (-18.2 percent) posted the only year-over-year decline in sales.

The NEOHREX (Northeast Ohio Real Estate Exchange) recorded the most sales for the month with an estimated 2,122 home sales, up from 1,657 a year ago, while Columbus followed with an estimated 1,215 home sales for the month, up from 1062 in February of 2011.

“We remain confident about the Ohio marketplace – as interest rates remain at historic low levels, prices have begun to stabilize, sellers are realistic in their 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

INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
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A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
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HOME BUYING TIPS
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 SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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

April 5, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos in the state of Ohio improved for the eighth consecutive month in February according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 6,608 existing single-family homes and condos were sold in the Buckeye State in February. That was 9.7 percent higher than the 6,022 homes sold in January and 19.3 percent higher than the 5,537 homes sold in February 2011.

The median sales price for an existing home in Ohio increased by 0.5 percent in February to $116,196, up from $115,616 in January, but still 1.3 percent lower than the median price of $117,786 in February of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “Our market has now posted eight consecutive monthly sales gains, dating back to July 2011. We’re extremely hopeful that the housing sector will continue to make progress throughout 2012 and build upon the solid foundation that has been established in recent months.”

Of the 19 local boards that provided data for the monthly report, eighteen of the boards reported gains or were unchanged from the previous year with Marion (+50.0 percent) reporting the largest increase while Athens (-18.2 percent) posted the only year-over-year decline in sales.

The NEOHREX (Northeast Ohio Real Estate Exchange) recorded the most sales for the month with an estimated 2,122 home sales, up from 1,657 a year ago, while Columbus followed with an estimated 1,215 home sales for the month, up from 1062 in February of 2011.

“We remain confident about the Ohio marketplace – as interest rates remain at historic low levels, prices have begun to stabilize, sellers are realistic in their 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

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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 SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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

April 5, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos in the state of Ohio improved for the eighth consecutive month in February according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 6,608 existing single-family homes and condos were sold in the Buckeye State in February. That was 9.7 percent higher than the 6,022 homes sold in January and 19.3 percent higher than the 5,537 homes sold in February 2011.

The median sales price for an existing home in Ohio increased by 0.5 percent in February to $116,196, up from $115,616 in January, but still 1.3 percent lower than the median price of $117,786 in February of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “Our market has now posted eight consecutive monthly sales gains, dating back to July 2011. We’re extremely hopeful that the housing sector will continue to make progress throughout 2012 and build upon the solid foundation that has been established in recent months.”

Of the 19 local boards that provided data for the monthly report, eighteen of the boards reported gains or were unchanged from the previous year with Marion (+50.0 percent) reporting the largest increase while Athens (-18.2 percent) posted the only year-over-year decline in sales.

The NEOHREX (Northeast Ohio Real Estate Exchange) recorded the most sales for the month with an estimated 2,122 home sales, up from 1,657 a year ago, while Columbus followed with an estimated 1,215 home sales for the month, up from 1062 in February of 2011.

“We remain confident about the Ohio marketplace – as interest rates remain at historic low levels, prices have begun to stabilize, sellers are realistic in their 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

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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.
SEARCH FOR A HOME
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

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