neohiorealtor.com Blog

Welcome to my May 2009 report on the state of the real estate market for Geauga County. Please feel free to refer to previous postings to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I’ve included a few statistics for your review!

The current trend (as of May, 2009) is decrease in the number of homes for sale from the same month last year. In May of 2008 there were 879 homes on the market, of which 51 sold. In May of 2009, there were 800 homes on the market (a decrease in inventory 79 homes from one year to the next), of which 53 sold. In May of 2008, for those homes that did sell, they were on the market an average of 106 days. For those homes that sold in May of 2009, the average days on market were 154, representing an increase of 48 days from one year to the next. Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

If you would like to receive a free copy of a market report, please contact me. I’d be happy to help! If you’d like to learn more about what it takes to sell in a correcting or down market, let me know! I specialize in home staging and aggressive marketing. I would love to sit down and talk about your situation any time!

Please feel free to visit my websites to learn more!

www.neohiorealtor.com
Dan’s Howard Hanna Website

Welcome to our January 2009 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, we would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, we’ve included a few statistics for your review!

The current trend (as of January, 2009) is an increase in the number of homes for sale. In January of 2008 there were 701 homes on the market, of which 30 sold. In January of 2009, there were 715 homes on the market (an increase in inventory 14 homes from one year to the next), of which 19 sold. In January of 2008, for those homes that did sell, they were on the market an average of 98 days. For those homes that sold in January of 2009, the average days on market were 97, representing a decrease of 1 day from one year to the next (shorter days on market is always a good sign!). Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

If you would like to receive a free copy of a market report, please contact us. We’d be happy to help! If you’d like to learn more about what it takes to sell in a correcting or down market, let us know! Our team specializes in home staging and aggressive marketing. We would love to sit down and talk about your situation any time!

Please feel free to visit any of our websites to learn more!

www.theneoteam.com
www.horsepropertyohio.com
Barb’s Howard Hanna Website

Welcome to our December 2008 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, we would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, we’ve included a few statistics for your review!

The current trend (as of December, 2008) is a decrease in the number of homes for sale. In December of 2007 there were 686 homes on the market, of which 36 sold. In December of 2008, there were 741 homes on the market (an increase in inventory 55 homes from one year to the next), of which 52 sold. In December of 2007, for those homes that did sell, they were on the market an average of 111 days. For those homes that sold in December of 2008, the average days on market were 105, representing a decrease of 6 days from one year to the next (shorter days on market is always a good sign!). Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

If you would like to receive a free copy of a market report, please contact us. We’d be happy to help! If you’d like to learn more about what it takes to sell in a correcting or down market, let us know! Our team specializes in home staging and aggressive marketing. We would love to sit down and talk about your situation any time!

Please feel free to visit any of our websites to learn more!

www.theneoteam.com
www.horsepropertyohio.com
Barb’s Howard Hanna Website

Welcome to my November 2008 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I’ve included a few statistics for your review!

The current trend (as of November, 2008) is a decrease in the number of homes for sale. In November of 2007 there were 770 homes on the market, of which 43 sold. In November of 2008, there were 752 homes on the market (a drop in inventory of 18 homes from last year to this year), of which 39 sold. In November of 2007, for those homes that did sell, they were on the market an average of 99 days. For those homes that sold in November of 2008, the average days on market were 90, representing an decrease of 9 days from one year to the next (shorter days on market is always a good sign!). Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

If you would like to receive a free copy of a market report, please contact me. I’d be happy to help! If you’d like to learn more about what it takes to sell in a correcting or down market, let me know! My team specializes in home staging and aggressive marketing. We would love to sit down and talk about your situation any time!

Please feel free to visit any of our websites to learn more!

www.theneoteam.com
www.clevelandareaproperties.com
www.horsepropertyohio.com
Barb’s Howard Hanna Website

Welcome to my October 2008 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I’ve included a few statistics for your review!

YEAH! There…I said it. This month’s report has reason to cheer! It’s the first month since I’ve been running these market reports that showed some real, positive improvements! Check it out!

The current trend (as of October, 2008) is a decrease in the number of homes for sale. In October of 2007 there were 813 homes on the market, of which 53 sold. In October of 2008, there were 799 homes on the market (a drop in inventory of 14 homes from last year to this year), of which 70 sold. Did you catch that? The reason to celebrate is that not only did the number of homes on the market DECREASE from one year to the next, but the number of home sales INCREASED from one year to the next! Each one of those factors independently would be good news, but both together is much better! In October of 2007, for those homes that did sell, they were on the market an average of 93 days. For those homes that sold in October of 2008, the average days on market were 108, representing an increase of 15 days from one year to the next (I guess we can’t ask for everything!). Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

As you may have read or seen on the news (or seen the new tv ad), Howard Hanna Real Estate Services recently purchased Realty One. I’m excited about the change! Howard Hanna now has nearly 40% of the market share in Northeast Ohio, nearly 10 times our closest competitor! WOW!

Please excuse any broken links from old blogs you may come across. There’s lots of adjustments I still need to make and it’s going to take some time, so pardon my dust!

If you have any real estate or home staging concerns or questions, please let me know! I’m happy to help! Make sure you check out the revamped N.E.O. Team website with its new logos and color scheme! Thanks for stopping by!

Welcome to my September 2008 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I’ve included a few statistics for your review!

The current trend (as of September, 2008) is a healthy decrease in the number of homes for sale. In September of 2007 there were 942 homes on the market, of which 73 sold. In September of 2008, there were 848 homes on the market (a drop in inventory of nearly 100 homes from last year to this year!), of which 52 sold. In September of 2007, for those homes that did sell, they were on the market an average of 96 days. For those homes that sold in September of 2008, the average days on market were 101, representing an increase of 5 days from one year to the next. Note also that last month there were 900 homes on the market, of which 55 sold, compared to 848 homes this month and 52 sales – the number of homes on the market is dropping but the number of sales isn’t dropping at the same rate (and that’s a good thing!). So, the number of homes on the market has reduced and the number of homes sold has reduced as well, but there does seem to be some improvement occurring. Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

Welcome to my August 2008 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I’ve included a few statistics for your review!

The current trend (as of August, 2008) is a healthy decrease in the number of homes for sale. In August of 2007 there were 1002 homes on the market, of which 101 sold. In August of 2008, there were 900 homes on the market, of which 54 sold. In August of 2007, for those homes that did sell, they were on the market an average of 100 days. For those homes that sold in August of 2008, the average days on market were 77, representing a solid decrease of 23 days from one year to the next. So, the number of homes on the market has reduced and the number of homes sold has reduced as well, but there does seem to be some improvement occuring. Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!

Well, it’s likely no secret for those of us living in the Cleveland area, but if you’re thinking about re-locating and want a place that’s affordable - here’s your chance. Check out the following article then give us a call - we’re here to help you find a great new home!

Daily Real Estate News | September 26, 2008
Most Affordable Cities for Owning a Home

The cost of buying and maintaining a home is pretty reasonable if you live in certain Midwestern or Southern cities, according to Forbes magazine’s new report.

To determine America’s least expensive places to own a home, Forbes used data from the U.S. Census Bureau’s 2008 American Community Survey, released Tuesday.

The survey reported the 2007 median monthly housing costs in the country’s metro areas with a population over 65,000. Housing costs include monthly mortgage payments, real estate taxes, various insurances, utilities, fuels, mobile home costs and condominium fees.

Here are the top-10 cheapest cities to own a home (for more details on each location, watch the Forbes slideshow):

Cleveland: $978 a month
Columbus, Ohio: $1,060 a month
Pittsburgh: $1,187 a month
San Antonio, Texas: $1,216 a month
Indianapolis: $1,232 a month
Nashville: $1,256 a month
New Orleans: $1,296 a month
St. Louis: $1,299 a month
Charlotte, N.C.: $1,336 a month
Cincinnati: $1,353 a month

Source: Forbes, Lauren Sherman (09/23/2008)

Welcome to my July 2008 report on the state of the real estate market for Geauga County. Please feel free to refer to last month’s posting to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I’ve included a few statistics for your review!

The current trend (as of July, 2008) is a healthy decrease in the number of homes for sale. In July of 2007 there were 989 homes on the market, of which 83 sold. In July of 2008, there were 924 homes on the market, of which 67 sold. In July of 2007, for those homes that did sell, they were on the market an average of only 83 days. For those homes that sold in July of 2008, the average days on market were 66, representing a solid decrease of 17 days from one year to the next. So, the number of homes on the market has reduced and the number of homes sold has reduced as well, but there does seem to be some improvement occuring. Refer to the chart below for a visual representation:

What does this mean if you’re thinking of selling and you want to be amongst the SOLDs? It’s simple!