Entries categorized as ‘Housing stats’
September 27, 2008 · 2 Comments
With all the economical and financial news this past week, plus, some discussions of the have’s and have not’s, I was curious to see how higher priced homes were faring in sales this year. We know that the lower priced homes are facing more challenges to attracting buyers, but does the same hold true for the upper scale homes where “lack of money” may be less of an issue for potential buyers?
Normally the charts I prepare are for portions of Delaware County and Franklin County. I decided to use the ENTIRE MLS system for this review since some of the more expensive property may be located in outlying areas where ample land can ensure privacy. I also included condos … not just single-family homes … because there are some luxury condos being sold both in Powell as well as downtown Columbus high-rises. I wanted to know how buyers were spending their money regardless whether it was in a regular home or an easy-care condo or patio home.
This graph shows the NUMBER of homes SOLD by price range between Jan to today’s date.
Obviously, there are a lot fewer buyers buying this year than last, and remember this is for ALL the counties surrounding Franklin County where Columbus is located. Strangely the average price within each price range hardly changed from one year to the next. In other words, the average price in the $200-299K range was $241K for both years … there were just 62% fewer buyers.
Now back to the original premise of my purpose in doing this review. What’s happening in the luxury market? I think the graph shows that upscale people are having the same thoughts as the “common folk”.
If your home is for sale, this should be a wake-up call to make sure your home is in absolute top-notch condition and priced right because your competition is fierce for the much smaller pool of buyers. I could also say that your choice of a Realtor® is very important as well to make sure your home receives the most exposure with the best photos … but then I hope you already know that! 
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: Buyers · Central Ohio · Columbus Ohio · Delaware County · Franklin County · Home prices · Homes · Homes for sale · Housing stats · Powell Ohio · Sellers
Tagged: central ohio real estate market news
In June, I recorded the 10-yr average of home prices for Delaware County through May. Now that we’re through the summer months, I’ve updated it.
This chart shows the average price for single family homes that were sold between Jan 1 thru Aug 31 for each of the years. The red bars represent those average prices that are equal to or higher than the current average price this year in 2008. People who purchased their home in the “red bar years” may have difficulty selling their home for more than they paid for it.
The striped bars represent the averages for Southern Delaware County. The solid colors represent the northern half of the county including the city of Delaware.
The difference between the ‘98 average and the ‘08 average for the southern part of the county is a 27% increase. For the northern portion, it’s a 30% increase. Those are respectable conservative growth rates for a 10-yr period.
This next chart below shows the number of homes sold in both segments of Delaware County. As you can see, there has been substantial growth in southern Delaware County. Keep in mind, this data only includes sales recorded in the Columbus Board of Realtors® MLS system. It does not include new-builds purchased directly from the builders unless the homes were spec homes.
As both these charts show, both prices and units sold are substantially higher than they were 10 years ago. Yes, there is a slight decline for this year, but it IS slight. It also reinforces the need for sellers to have their homes priced right to achieve a sale.
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 · Home prices · Homes · Housing stats
Tagged: average home prices, central ohio real estate market news
Several years ago I began tracking the multiple real estate tax rates by school districts for Columbus suburbs. I did this so buyer clients could get a feel for differences that the tax bill portion of their mortgage payment would make to the affordability of the homes we would be viewing.
When buyers have a lender pre-qualify them, the lender will tell them the maximum home price the buyer can select. They’ll also give them a maximum monthly payment. Because the tax rates among school districts can vary quite a bit, a buyer who has been approved to buy an average priced home of $200,000 may be able to be approved for that home in one district but not another. The reason is that the monthly tax portion of the mortgage payment may put them beyond the ratio set by the lender.
The other issue that may come into play, is that a school district with “lower” tax rates, may have higher priced homes. The Olentangy school district is an example of this. This district’s rates are lower than some other established suburbs, but the average home price in the district is much higher. If a buyer is approved for only $200,000, they will be hard-pressed to find a home at that price in the Olentangy district, yet, may find many such homes in that price range in Worthington, even though Worthington’s property tax rates are much higher.
Here is the chart that I’ve prepared to visually show the differences to school district property tax rates by several suburban school districts. The bars within a district represent the various taxing entities within the school district. (click on the graph to enlarge)
Of course, it goes without saying that buyers should budget for their tax rates to increase over the years they live in the home. This is especially true for the newly developing areas, like the Olentangy school district, where the growth in housing has and is creating a need to build new schools.
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: Buyers · Central Ohio · Delaware County · Home buying process · Home prices · Homes · Housing stats · Lewis Center Ohio · Powell Ohio
Tagged: central ohio real estate market news, property taxes
For the month of June the cumulative House Watch data published in The Dispatch’s Sunday paper, continues with the trend of the past few reports I’ve compiled . There are still fewer homes for sale this year and they are at higher prices than last year.
For easy comparison, I’ve added the data from the May 1st report. We see there were more new listings added during that month, which is typical as many plan to sell their home during the summer months.
Buyers who think they will wait for the market to bottom out, may have waited too long. Plus, it’s been shown that a very slight increase to the interest rates, can completely wipe out any savings that might be obtained waiting for prices to lower a few thousand dollars.
Number of homes for sale
| |
5/1 |
6/5 |
6/12 |
6/19 |
5/26 |
| 2008 Homes for sale |
16,877 |
17,616 |
17,780 |
17,833 |
18,023 |
| 2007 Homes for sale |
18,240 |
18,706 |
18,908 |
19,154 |
19,500 |
| % Chg ‘08 vs ‘07 |
-7.5% |
-5.8% |
-5.9% |
-6.9% |
-7.6% |
Prices of homes for sale
| |
5/1 |
6/5 |
6/12 |
6/19 |
6/26 |
| 2008 Avg Price |
$225,968 |
$225,852 |
$227,542 |
$226,911 |
$225,882 |
| 2007 Avg Price |
$220,231 |
$225,852 |
$224,657 |
$223,659 |
$221,391 |
| % Chg ‘08 vs ‘07 |
+2.6% |
+0.3% |
+1.0% |
+1.0% |
+2.0% |
This data comes from the Columbus Board of Realtors® and includes the counties of Franklin, Delaware, Madison, Morrow, Union, and some listings of Fairfield, Knox, Licking, Logan, Marion and Pickway.
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 · Home prices · Homes · Homes for sale · Housing stats
Tagged: central ohio real estate market news, The Columbus Dispatch newspaper, The Dispatch House Watch
After I wrote yesterday’s article on the housing prices and sales in Delaware County, I thought that I really needed to segment out the data for just Southern Delaware County - the Powell, Lewis Center, Galena portion that is in the Olentangy school district. That’s the area of the county with the phenomenal growth, and pricing for that area is much higher than in the city of Delaware or the northern half of the county.
The average pricing is substantially higher than the county as a whole. The increase from 1997 vs 2008 is 28%. The decline from 2007 to 2008 is a little higher than the county as a whole, at 12.5%.
The chart showing the number of homes sold is more telling of the extreme growth of this area - and why the Olentangy school district has had to build so many schools. Keep in mind that this data only includes homes that were listed in the Columbus Board of Realtors® MLS system. It would include new-build specs that were entered into MLS, but it does NOT include all the new-build homes that buyers contracted directly with the builder. Due to all the new subdivisions that were created during this period, that could add hundreds of homes to this chart. Nevertheless, the data does give a peak at the extreme demand for homes in this area.
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 · Galena Ohio · Home prices · Homes · Housing stats · Lewis Center Ohio · Powell Ohio
Tagged: central ohio real estate market news, Olentangy school district
As real estate agents, we’re often confronted with having to inform sellers that the price their home might sell for now is perhaps less than they paid for it, especially if they haven’t owned it very long.
Since I live in and primarily work in southern Delaware County, I decided to check average home prices since 1997 when I purchased my home. Delaware County has also gone through substantial developmental growth during that period as well. People moved to the county in droves during those years, buying new homes in all the subdivisions that builders eagerly built to meet the demand.
The chart below shows the average price of the homes sold in Delaware County for the period Jan 1 thru May 31 for each of the years 1997 to 2008. In 1997, the average price for the county was $215K. It reached a high in 2007 of $300k. For 2008, the average has declined to $278K (-7.6%), but that also represents an INCREASE of 29% since 1997. So depending on when the seller purchased the home or whether they’ve added equity loans, they may or may not have difficulty selling and paying closing costs.
This next chart shows the actual NUMBER of homes sold in the county during the same time frame. We tend to think that fewer homes are selling than in past years, but not so says the graph. In 1997, only 525 homes sold during the Jan-May period. For this year, 712 homes have sold … a 36% INCREASE! The highest number of homes sold in 2005 when 934 sold during this period.
Bottom line is that we’re not in as bad a shape as we “feel” like we are. We just need to remember to keep things in perspective.
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 · Home prices · Homes · Housing stats · Sellers
Tagged: central ohio real estate market news
According to the House Watch data published in The Dispatch’s Sunday paper, there are still fewer homes for sale this year at higher prices than last year. This data comes from the Columbus Board of Realtors® and includes the counties of Franklin, Delaware, Madison, Morrow, Union, and some listings of Fairfield, Knox, Licking, Logan, Marion and Pickway.
Number of homes for sale
| |
4/24 |
5/1 |
5/8 |
5/22 |
5/29 |
| 2008 Homes for sale |
16,947 |
16,877 |
17,342 |
17,593 |
17,681 |
| 2007 Homes for sale |
18,095 |
18,240 |
18,513 |
18,530 |
18,548 |
| % Chg ‘08 vs ‘07 |
-6.3% |
-7.5% |
-6.3% |
-5.1% |
-4.7% |
Prices of homes for sale
| |
4/24 |
5/1 |
5/8 |
5/22 |
5/29 |
| 2008 Avg Price |
$225,271 |
$225,968 |
$225,065 |
$225,410 |
$225,644 |
| 2007 Avg Price |
$220,077 |
$220,231 |
$221,144 |
$224,816 |
$224,902 |
| % Chg ‘08 vs ‘07 |
+2.4% |
+2.6% |
+1.8% |
+2.6% |
+3.3% |
Also in yesterday’s paper was page after page of data on the foreclosure impact and the number of subprime mortgages by area that may be resetting in the future. It was ”doom & gloom” reporting and if you only viewed the headlines you might think the real estate market was still in dire straits.
Now I’m not saying all is hunky-dory, but you really need to look beyond the attention-grabbing headlines. The reality is that a LOT of agents are really busy. Homes are going into contract and being sold at 96%-97% of the list price. Some homes are getting multiple offers.
So what’s causing the disconnect between what I see vs what The Dispatch is reporting? It’s location, location, location. The area that I primarily work and meet with other agents, is in southern Delaware County. The Dispatch maps showed the Powell area in green meaning prices are still rising. The Lewis Center area was flat to a minor decline. The agents quoted in the articles work closer to downtown Columbus, which tended to have higher price declines according to the Dispatch maps.
Once again, be careful of what you read or hear, as the media tends to skew the data to give the best headlines … and headlines are what sell newspapers.
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 · Home prices · Homes · Homes for sale · Housing stats · Media · Newspaper
Tagged: central ohio real estate market news, The Columbus Dispatch newspaper, The Dispatch House Watch
A few days after the end of each month, I update the “Subdivision Home Sales” page (see tab above the header). It’s the most popular page or post that I do according the tracking data. It includes home sales results for top subdivisions for Dublin, Powell, Lewis Center, Worthington, Westerville, New Albany, Delaware, as well as other subdivisions in Southern Delaware County.
Just to let you know, I’ve just updated it to reflect the Homes Sold in Jan-Apr 2008. I also improved … hopefully … the table format to give it a cleaner look. This new format will also make it easier for me to enter the new data each month, since there’s not so much html code involved.
If you haven’t already been one of the thousands who reference this chart, be sure to check it out.
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 · Home prices · Homes · Housing stats
Here’s another update on the House Watch data published in The Dispatch’s Sunday paper. The number of homes for sale and the prices for these homes are increasing slowly this year.
More notable is the difference of this year vs last year’s data. There are 7.5% fewer homes for sale now but their asking price is 2.6% higher than last year. This is REALLY important news for Buyers who have been hesitant to act.
Number of homes for sale
| |
4/3 |
4/10 |
4/17 |
4/24 |
5/1 |
| 2008 Homes for sale |
16,345 |
16,531 |
16,726 |
16,947 |
16,877 |
| 2007 Homes for sale |
17,312 |
17,667 |
17,863 |
18,095 |
18,240 |
| % Chg ‘08 vs ‘07 |
-5.5% |
-6.4% |
-6.4% |
-6.3% |
-7.5% |
Prices of homes for sale
| |
4/3 |
4/10 |
4/17 |
4/24 |
5/1 |
| 2008 Avg Price |
$223,609 |
$224,205 |
$224,894 |
$225,271 |
$225,968 |
| 2007 Avg Price |
$217,846 |
$219,219 |
$219,657 |
$220,077 |
$220,231 |
| % Chg ‘08 vs ‘07 |
+2.6% |
+2.3% |
+2.4% |
+2.4% |
+2.6% |
This data comes from the Columbus Board of Realtors® and includes the counties of Franklin, Delaware, Madison, Morrow, Union, and some listings of Fairfield, Knox, Licking, Logan, Marion and Pickway.
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 · Home prices · Homes · Homes for sale · Housing stats · Media · Newspaper
Tagged: central ohio real estate market news, The Dispatch House Watch
Here’s an update to a post I did April 13 on The Dispatch’s House Watch chart. The chart’s data didn’t change substantially from last week.
There are still 6.4% fewer single-family homes for sale at prices that are 2.4% higher than the same time last year.
Number of homes for sale
| |
4/3 |
4/10 |
4/17 |
| 2008 Homes for sale |
16,345 |
16,531 |
16,726 |
| 2007 Homes for sale |
17,312 |
17,667 |
17,863 |
| % Chg ‘08 vs ‘07 |
-5.5% |
-6.4% |
-6.4% |
Prices of homes for sale
| |
4/3 |
4/10 |
4/17 |
| 2008 Avg Price |
$223,609 |
$224,205 |
$224,894 |
| 2007 Avg Price |
$217,846 |
$219,219 |
$219,657 |
| % Chg ‘08 vs ‘07 |
+2.6% |
+2.3% |
+2.4% |
This data comes from the Columbus Board of Realtors® and includes the counties of Franklin, Delaware, Madison, Morrow, Union, and some listings of Fairfield, Knox, Licking, Logan, Marion and Pickway.
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: Home prices · Homes · Homes for sale · Housing stats · Media · Newspaper
Tagged: central ohio real estate market news, Columbus Board of Realtors® MLS
Do you ever look at the House Watch clip in The Sunday Dispatch? It’s a little box of data located on the 2nd page of the Housing section. The data comes from the CBR’s MLS system and is for the entire Columbus metro area - a five county area with some listings in six other counties.Naturally, I always check it out and have noticed that it’s been “looking better”.
Comparing last week to this week …
- the number of house on the market increased only 186, from 16,345 to 16,531, only a 1% increase.
- the average price of the homes on the market went from $223,609 to $224,205, a 0.2% increase.
- the average days on the market dropped from 134 to 130.
But more important is the comparison to LAST YEAR …
- last year, for the past two weeks, the number of homes on the market was 17,312 and 17,667. So that means about 1000 fewer homes on the market this year vs last year!
- last year the average prices for the two weeks was $217,846 and $219,219. Buyers … notice the higher prices this year!
- The days on the market is higher this year vs last year. Last year’s DOM was 120 and 119. So this year we’re up an extra 10 days.
If this continues, it could signal the beginning of the end of the Buyer’s Market. OR it could just be a function of sellers waiting till the Spring gets a little warmer before they put their home on the market. Probably more significant is the average prices of the homes for sale. The increase may indicate that Sellers are more optimistic for the economy than they were last year. Time will tell.
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 · Home prices · Homes · Homes for sale · Housing stats · Media · Newspaper
Tagged: central ohio real estate market news
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: Delaware County Auditor Todd Hanks, Sheriff Sales, Top 13 Fastest Growing Counties, central ohio real estate market news
Realtors® have noticed that business often picks up once the Super Bowl is over. We don’t understand why since there doesn’t seem to be any correlation between real estate and football, but it happens every year.
On Inman News, a guest writer Avram Goldman, added yet another Super Bowl phenom as it affects the stock market. Per Goldman, “the equity markets have had an uncanny direct correlation to the housing market and vice versa for the past 11-plus years“.
“Whoever wins the Super Bowl, meaning which conference and which team, we can look at past Super Bowls and see how the market has performed over the ensuing year to determine which way the wind is blowing.”
It seems that since 1967 it has been more advantageous when the NFC wins. Since I only pay attention to the Buckeyes, not the Super Bowl, I’m going to “assume” the Giants are in the NFC. Here’s some other stats that Goldman provided in his article:
-
The S&P 500 has been more positive (86% of the time) than negative (63% of the time) with above market performance when the NFC wins.
-
When the NFC has won, the S&P 500 went up 16.4% vs when the AFC won, up only 7.1%.
-
When the Giants have won, (1987 and 1991), the S&P rallied 17.8% on average.
-
When the Patriots won (2002, 2004, 2005) the market was down 2.1% on average.
-
When the Patriots lost in 1986 and 1997, the market was up 25.8% on average.
-
The last time a team went undefeated (Dolphins in 1973), it preceded the 73-74 economic recession where the S&P 500 droppped 14.5%. (had the Patriots won yesterday, they would have been undefeated).
It’s nice to know that our economy is governed by football rather than our political leaders in D.C. Whodathunkit!!
Had I know of these stats yesterday, I might have bothered to watch the game and cheer on the Giants.
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: Homes · Housing stats · Surveys
Tagged: S&P 500, stock market stats, Super Bowl
OK, here’s the last report to be updated with year-end data - I think!
This report shows the 5-Year Average Home Price comparison by central Ohio school district. It should be the final “nail-in-the-coffin” that shows that central Ohio DOES NOT have severe falling prices like California and Florida. (click on the thumbnail to view full size)
Our growth has been quite conservative over the years. There was some minor decline in 2007, caused by all the media hype and higher than normal inventories. Builders have cut back the number of specs and we’re getting some of the resale inventory sold, so things are improving.
We’re probably not out of the woods yet, but as I noted in yesterday’s post, the market is looking like it might improve a little over last year. For the economy’s sake nationwide, let’s hope so.
The percent change of the 2007 average home price versus the 2003 average home price for each of the school districts, is as follows:
-
Buckeye Valley +23%
-
Upper Arlington +22%
- Olentangy (Powell area) +19%
-
Worthington +17%
-
-
Olentangy (Lewis Center area) +12%
-
-
-
Gahanna +7%
-
Hilliard +7%
-
Delaware +5%
-
Westerville +4%
-
Big Walnut (2%)
One thing to keep in mind is that these are the average SALE PRICES for the school district. It does not represent the price increase a given home might experience. It only represents the prices that buyers are paying for a home in that district.
Regarding Buckeye Valley, most likely the increase reflects the new development that is occurring there. The newer homes would be more upscale than the older rural homes that are prevalent in the district. Big Walnut’s data is apt to also be skewed as to whether a new development was selling heavily during one of the years.
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 · Delaware Ohio · Dublin Ohio · Franklin County · Hilliard Ohio · Home prices · Homes · Housing stats · Lewis Center Ohio · Powell Ohio · Schools · Worthington Ohio
This morning I posted that I thought the real estate market seemed to be moving UP. Later this afternoon when I was reviewing visitor stats to my listings on Realtor.com, the stats seemed to support that thought.
I pay extra money to subscribe to Realtor.com’s Showcase Listing feature which not only allows me to add 26 photos but also to add extra descriptive copy for the home. It also allows me to view a graph that shows the weekly visits to a given listing.
I’ve removed the property specific information, but here’s what some of my listing’s graphs are looking like. The red bars represent the number of times someone clicked on the home’s listing page to view details and photos of the home.
I’ve been watching these graphs for years, and have never seen such a dynamic increase to visitor hits on Realtor.com.
That tells me that a LOT of buyers have decided that it is FINALLY time to act. Maybe they’ve decided that prices are as low as they’re going to go, and the buyers want to act before they start to go up. (BTW, I’ve already noticed some builders specs had price increases this week.)
And no wonder … with the mortgage rates taking another dive the past week, it’s a great time to buy.
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: Homes · Housing stats
Elaine Reese
614-825-8860Real Living HER
