Skip down to page content. ↓

Knox County Ohio Real Estate Information Archive

Sam Miller

Blog

Displaying blog entries 1-2 of 2

Knox County Ohio Home Sales in January 2012

Wednesday, February 1, 2012
by Sam Miller

 

Home sales in Knox County Ohio are on the rise and last month the Knox County Board of REALTORS MLS system reported a 5% increase in homes sales inside the county.  What is equally interesting is that there were 46 new listings added in January and a total of 311 homes listed within the county per the local MLS.  This is a positive sign and many experts believe we are headed towards a more stable housing market.  The FEDS recent announcement to not raise the FED rate adds to the good news for real estate and most businesses associated with the housing market. 

January 2012 was one of the most active Januarys for our real estate team since 2007.  Showing activity on our personal listings was way up over the showing activity in January 2011.  Not only did we receive more physical property showings on our listings but our virtual home showings from our knoxcountyohio.com website was up a significant amount.  Our knoxcountyohio.com real estate website experienced listing page views and traffic numbers that matched our 2nd single biggest month ever and the record months are usually recorded during the peak home selling season in the summer months.  The reason I am sharing this with you is because it confirms a trend that our local market activity is on the rise and I believe their is a high probability this trend will continue throughout 2012.        

Thinking of purchasing a home?  Home pricing is down and mortgage interest rates are at a 50 year low.   

 

 

Add Comment

Knox County Ohio October Home Sale Report

Sunday, November 20, 2011
by Sam Miller

 

The sun has been shining on the Knox County Ohio local market lately and home sales are on the rise.  This past October we saw an increase of roughly 30% in monthly home sales compared to October 2010.  What is really interesting is that we saw an increase in home sales during a time of year when the housing market traditionally begins to slow down following the summer market after school starts.  This recent increase in Knox County Ohio home sales bucks the market trends and sales statistics over the previous 5 years.  

Knox County Ohio website traffic October Report by Sam Miller

Knox County Ohio and most specifically the Mount Vernon community and at the Apple Valley Lake experienced the biggest increases in showings, online website viewings and homes sales during this past October.  The number of agressively priced homes has reached record levels with an amazing selection to choose from.  When you combine an extensive selection of available homes, much lower home prices and some of the lowest and most affordable 30 year fixed interest rates in nearly 60 years...you have the perfect conditions for first time homebuyers to enter the housing market.  

When first time buyers purchase their first home they enable that homeowner to sell their home and purchase a replacement home.  This is a very important factor that is helping drive the current housing market and it helps explain why our market experienced a 30 percent increase.  I believe as this trend continues that we could continue to see similar increases in monthly home sales as more and more first time homebuyers discover that they can purchase a nice and affordable Knox County Ohio home with very little money down using FHA and OHFA financing.  In many cases we can help homebuyers buy with absolutely zero down payment when they qualify for Rural Development, USDA or VA loans.  With low interest rates and home pricing so low many buyers can buy a home and have monthly payments that are as low if not lower than what they are paying each month for rent.

If you are interested in buying a home and taking advantage of the opportunities and savings that are available TODAY be sure to contact us at (740) 397-7800 or feel free to register online at "I want to buy a home".

Add Comment

Displaying blog entries 1-2 of 2

Syndication

Categories

Archives