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Ohio Home Sales Jump Over Thirty Percent in March
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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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Ohio Home Sales Jump Over Thirty Percent in March
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
Ohio Home Sales Jump Over Thirty Percent in March

May 1, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos in the state of Ohio were up over 30 percent from February to March, the ninth consecutive month that annual home sales have improved in the state according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 8,712 existing single-family homes and condos were sold in the Buckeye State in March. That was 31.8 percent higher than the 6,608 homes sold in February and 8.9 percent higher than the 8,104 homes sold in March 2011. It was the ninth consecutive month that year-over-year homes sales have improved.

The average sales price for an existing home in Ohio increased by 6.8 percent in March to $124,088, up from $116,196 in February, and was 8.9 percent higher than the average price of $113,062 in March of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “Activity in March was substantial and we’ve now posted nine 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.”

Of the 20 local boards that provided data for the monthly report, fourteen of the boards reported gains from the previous year with Knox (+68.8 percent) reporting the largest increase while Lancaster (-43.8 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 2,637 home sales, up from 2,522 a year ago, while Columbus followed with an estimated 1,504 home sales for the month, up from 1,490 in March 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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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.
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YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

May 1, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos in the state of Ohio were up over 30 percent from February to March, the ninth consecutive month that annual home sales have improved in the state according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 8,712 existing single-family homes and condos were sold in the Buckeye State in March. That was 31.8 percent higher than the 6,608 homes sold in February and 8.9 percent higher than the 8,104 homes sold in March 2011. It was the ninth consecutive month that year-over-year homes sales have improved.

The average sales price for an existing home in Ohio increased by 6.8 percent in March to $124,088, up from $116,196 in February, and was 8.9 percent higher than the average price of $113,062 in March of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “Activity in March was substantial and we’ve now posted nine 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.”

Of the 20 local boards that provided data for the monthly report, fourteen of the boards reported gains from the previous year with Knox (+68.8 percent) reporting the largest increase while Lancaster (-43.8 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 2,637 home sales, up from 2,522 a year ago, while Columbus followed with an estimated 1,504 home sales for the month, up from 1,490 in March 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

May 1, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condos in the state of Ohio were up over 30 percent from February to March, the ninth consecutive month that annual home sales have improved in the state according to the latest housing data from the Ohio Association of Realtors® (OAR).

An estimated total of 8,712 existing single-family homes and condos were sold in the Buckeye State in March. That was 31.8 percent higher than the 6,608 homes sold in February and 8.9 percent higher than the 8,104 homes sold in March 2011. It was the ninth consecutive month that year-over-year homes sales have improved.

The average sales price for an existing home in Ohio increased by 6.8 percent in March to $124,088, up from $116,196 in February, and was 8.9 percent higher than the average price of $113,062 in March of last year.

Robert U. Miller, president of the Ohio Association of REALTORS®, stated, “Activity in March was substantial and we’ve now posted nine 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.”

Of the 20 local boards that provided data for the monthly report, fourteen of the boards reported gains from the previous year with Knox (+68.8 percent) reporting the largest increase while Lancaster (-43.8 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 2,637 home sales, up from 2,522 a year ago, while Columbus followed with an estimated 1,504 home sales for the month, up from 1,490 in March 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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