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Home prices in Ohio were up 6.8% year-over-year in January. At the same time, the number of homes sold fell 1.7% and the number of homes for sale rose 10.3%.
The 0.8% uptick in sales and a 7.6% rise in average prices demonstrate a resilient market that remains attractive to buyers and sellers alike,” says Ohio REALTORS® President Michelle Billings.
Updated on November 15, 2021 The current housing crisis in the Ohio Valley is exacerbated by the lack of affordable and available housing in the region, with the threat of COVID-19 and long-term impacts on those who have been evicted yet to be seen.
The months from March to June are the best time to buy a house in Ohio. This is due to the higher inventory, increased competition among sellers, and potentially lower asking prices. When is the worst time to buy a house in Ohio? December and January are considered the worst months to buy a house in Ohio.
A new Ohio law effective today drastically changes how Ohio real estate licensees represent clients, including when a prospective buyer wants to view a residential property. Licensees are now obligated to enter into a written agency representation agreement with a buyer before they can show a property to a buyer.
15 Tips to Help Agents Craft MLS Listing Masterpieces Long Essays Lose the Reader. Play to the Local Draw. Think Outside the House. Use Key Phrases. Avoid These Phrases. Add Detail and Deadlines for Quick Sales. Spin the Negative Into Positive. Avoid Abbreviating Terms.
What is the BRRRR Method? The BRRRR method is a popular and potent strategy for real estate investors. The acronym stands for Buy, Rehab, Rent, Refinance, and Repeat.
Sustainability, transformation, and specialization: three pillars for real estate investment | Squircle Capital.
Key factors influencing property value include recent sales of similar properties, the property's condition, location, and the potential for future appreciation.
That's why having the right goals in place is essential if you want to maximize profits and minimize risks. By setting three key real estate goals — buy, sell, and invest — investors can create a strategy that works for them and helps them reach their desired financial outcomes.