Category Archives: Lewis Center Ohio

Articles about Lewis Center Ohio

Ohio Schools Report Cards are out

The new Report Cards for Ohio schools has been made public today. You can check your own school district at reportcard.ohio.gov for extensive details and explanation of the various grading criteria. The following are the new ratings for some local schools.

Delaware County

  • OlentangyExcellent with Distinction
  • Delaware CityExcellent with Distinction *
  • Big WalnutExcellent
  • Buckeye ValleyExcellent

Franklin County

  • DublinExcellent with Distinction
  • HilliardExcellent with Distinction
  • WestervilleExcellent with Distinction
  • New Albany (Plain Local) – Excellent
  • WorthingtonExcellent

Union County

  • MarysvilleExcellent with Distinction

* Congrats to Delaware Schools for improving from an Effective rating to Excellent with Distinction!

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Jan-Jun 2011 home sales reports

Wondering how home prices are holding up for your area? I just finished updating two data pieces to reflect Jan-Jun 2011 home sales. One chart shows sales by school district; the other shows sales by key subdivision within various suburbs. Click the links below to visit those pages.

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10-Yrs of Home Sales Show That It’s A Buyer’s Market

Yesterday I posted a graph showing the average prices of homes sold the past 10 years. Today I’ve prepared a graph showing the NUMBER OF HOMES SOLD  in that same time period. This chart illustrates why there is so much concern about the real estate market and the need to improve the sales because the real estate industry supports jobs for many related industries.

2002-2011 # Homes Sold Jan May in central Ohio

Click to enlarge, then click again

You’ve probably heard Realtors® say that there are fewer buyers than there were in the early part of the 2000 decade. This chart certainly illustrates that. The bump-up in 2010 was due to the $8000 Gov’t tax credit for 1st time home buyers. Buyers had to be in-contract by the end of April to take advantage of that tax credit. Some of those contracts would have closed in May, thus driving up the sales for the Jan-May period.

Prices and interest rates have been declining in recent years, which should drive up the demand, but that’s not happening. The financial institutions began eliminating 100% financing and established tougher criteria for buyers to meet when seeking mortgages. Buyers had to begin having some down payment money and better credit scores. You can see this effect with the declines after 2007. This financing change impacted 1st time buyers the most and that’s likely why Hilliard and Westerville sales have declined so visibly as both suburbs are popular with 1st time buyers due to the average price of the homes. (See yesterday’s chart)

What should your take-away be from this chart’s info?

  • Buyers: If you have the funds, it REALLY IS a good time to buy.
  • Sellers: Competition is stiff so your home needs to be priced right and in top condition to appeal to the few buyers that are shopping.

View same data for AVERAGE PRICE OF HOMES SOLD

Copyright © 2011. Elaine Reese, Real Living HER. 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.

Real Estate Sales Are Local

Many national organizations quote trends in real estate prices. There is a real problem in paying attention to those numbers and “assuming” those trends apply to our local central Ohio area. Each market is different and within each market there are differences. We often don’t know whether the data is for single-family homes only, or whether they include condos. Perhaps someone has quoted sales by zip code, which here in central Ohio, can include 2-3 different school districts, giving a meaningless number. I prefer to only gather sales data for single-family homes by school district since that is the way most buyers shop for homes.

I just completed updating the 10-Year Averages of the price homes sold for from January thru May by school district.

2002-2011 Avg Prices homes sold for Jan-May in central Ohio

Click to enlarge chart, then click again

You can’t view that chart and make a blanket statement that “prices are up” or “prices are down“, yet the EXPERTS do that all the time. The one take-away conclusion we CAN make is that the local real estate market has not recovered from the highs in 2006-2007. Many listing agents will tell sellers that if they bought their home in 2004 or after, they will not be able to sell for what they paid for the home.

View same data for the NUMBER of homes sold.

Copyright © 2011. Elaine Reese, Real Living HER. 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.

Golfers … southern Delaware County is YOUR place to be

golfers in southern delaware county ohioToday is supposed to be our first really warm day after a long, cold winter. I expect a lot of people will be hitting the golf courses today. If you live in or near southern Delaware County, you have many courses to choose from to play. Many are semi-private so check first.

If you like the idea of owning a home on a golf course, I can help you with that as most courses are lined with homes.

Here’s a list that I put together of the courses in the southern half of Delaware County. Click on the club’s name to go to the course’s website.

Southwest part of the county - Powell, Liberty Twp area:

Lower southeast part of the county – Lewis Center, Westerville area:

Upper southeast part of the county – Delaware, Galena, Sunbury area:

Copyright © 2011. Elaine Reese, Real Living HER. 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.

Delaware County 2010 Census Data Released

The 2010 Census data is out for Delaware County. The county remains the fastest growing county in the state, increasing by 58.4% since 2000. During those 10 years, the population increased from 109,989 to 174,214.

The growth was not evenly distributed throughout the county, however. As I’ve reported here before, the growth and the density is primarily in the southern portion of the county. The new Census confirmed it. The areas in the county with the highest population increases are shown in the map below. Essentially all the area in the lavender box are the high-growth areas.

Delaware County Ohio map

Click to enlarge, click again to enlarge more

  • the Polaris area was up 280%.
  • Concord township region was up 127%.
  • Galena area was up 114%.
  • Genoa Township region up 104%.
  • Orange Township region up 91%.
  • Powell area up 84%.

DATA SOURCE: Delaware Gazette, Staff Writer Kate Liebers

Copyright © 2011. Elaine Reese, Real Living HER. 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.