Activity in Ohio's housing market continued to progress at traditional levels during the third quarter. Sales have reached the fifth best ever for the period, according to statistics provided by Ohio's Multiple Listing Services. Statewide sales of new and existing homes during the first nine months of the year are right at 6.9 percent behind sales posted during the period a year ago. The housing market is continuing to progress in Ohio, and will hopefully continue to increase.


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Ohio Home Sales Continue Cool Down

The state's largest Multiple Listing Services report that home sales throughout Ohio slowed in November. Overall performance of the 2006 market has been strong despite less than ideal conditions.

Favorable interest rates, a solid supply of housing in all price categories and improving housing affordability is providing a solid foundation upon which would-be buyers can become home owners.

The statistics (data provided to OAR) show there was a slight decrease in statewide sales of new and existing homes last year (Jan. - Nov.) as well as a slight decrease in the state's average sales price.

Patrick O'Neil, president of the Ohio Association of REALTORS, states that "at some point the housing market was going to return to levels that are typical by historical standards in the Buckeye State....and this past year provided that opportunity."

What others say about: Buyers, Dickey Group, Highland County Market Value, Highland County Real Estate,Jeff Dickey, Ohio Association of Realtors, Real Estate, Resales of Homes, Sellers

What Jeff says about:

OAR

Jeff and Karen recently attended the Ohio Association of Realtors Annual Conference. The Convention Center located in Cleveland played host to this annual conference, held in mid-September. The continuing education classes were great! Jeff's favorite classes were led by Terry Watson and Dave Beson. Information regarding advanced techniques of marketing homes, websites, the latest technology available to Realtors was presented. A stay at the Marriott across from the convention center provided excellent accommodations!

Tags: Ohio Association of Realtors, OAR, Annual Conference, Cleveland, Terry Watson, Dave Beson, Realtor