Central Ohio Real Estate Market News

Delaware County Auditor tries to reassure residents.

02/15/2008 · Leave a Comment

As a resident of Delaware County, I received a letter from Todd Hanks, the county Auditor. The purpose of the letter was to counter the negative national media news regarding housing prices and foreclosures – much as I’ve tried to do here on my blog.

Some notable comments from the letter …

“Unlike many large metropolitan areas which had seen the strongest booms and are now experiencing dramatic pullbacks in value, the housing market in Delaware, as a whole, continues to remain positive. The stability is largely due to Delaware never having experienced volatile increases in value as did many other housing markets throughout the United States.”

He also included ”good to know” information regarding Sheriff Sales.

“When compared to the county as a whole, Sheriff Sales in 2007 represented less than 0.5% of the market. “

And the best statistic of all is that Delaware County has consistently been in the Top 13 Fastest Growing Counties in the U.S.

It’s unfortunate that people in the industry must continue to counterattack what the non-experts in the media keep throwing out as fact. As luck would have it, as I was writing this post, NBC4 was issuing yet another blatantly negative report. When will they stop the barrage and check the REAL facts … and help us avoid having county tax money being spent on buying stamps and paper to send all of us letters!

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County · Homes · Housing stats
Tagged: , , ,

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment