Knox County Ohio Blog

Our real estate team has been getting a tremendous number of requests for Knox County Ohio bank owned homes and available Knox County Ohio HUD homes.  The interest has been so overwhelming for these types of homes that we created a specialized website called KnoxCountyBankOwned.com where you can register to receive bank owned homes and HUD homes by email.  As I was working on our HUD homes update for our clients and customers I thought that others might be interested in knowing the locations of the available HUD homes in Knox County Ohio.  Below is a screen captured image from the HUD website so you know this is current information as of 12-22-2010.  I have also created a a list of the available HUD listings below in text format which will be much easier to view if you are using a handheld device such as a smartphone or iPad.  

• Mount Vernon - 40 Columbus Road for $22,000
• Mount Vernon - 201 Calhoon Street for $45,000
• Mount Vernon - 531 Lower Green Valley Road for $45,000
• Mount Vernon - 3555 Granville Road for $50,000
• Mount Vernon - 400 Seventh Avenue for $57,000
• Mount Vernon - 118 Ringold Street for $58,000
• Mount Vernon - 4659 Devore Road for $68,000
• Mount Vernon - 510 West Gambier Street for $63,000 is IN CONTRACT
• Mount Vernon - 109 North Catherine Street just SOLD and Closed
• Centerburg - 6219 Lock Road for $50,000
• Fredericktown - 7181 Township Road 119 for $112,000
• Danville - 204 South Richards Street for $52,000
• Mount Vernon Ohio Bank Owned Home at 112 Clinton Road for $55,000.

If you are interested in viewing any of these HUD homes or any other Knox County Ohio property that has exceptional value please contact our team at (740) 397-7800 or feel free to e-mail us at samsells@sammiller.com.

knoxcountyohio.com

The November Knox County Ohio home sales were down by more than 50% compared to November 2009 according to the Knox County MLS sales statistics.  This November there were only 20 residential Knox County Ohio home sales reported and in November 2009 there were 46 home sales for the same time period.  What is very interesting is that the average pricing of homes that SOLD this November was MUCH higher compared to the November 2009 home sales.  This November the average residential home sales price was $210,705 which is a significant increase in average sales price because November 2009 averaged only $113,830.  

Bank owned listings and HUD homes seem to be gaining popularity from buyers here in Knox County Ohio.  There has been an increase in purchase offers and home sales during the past couple of weeks relating to repossessions, HUD homes and other homes of exceptional value.  What is very interesting is that the majority of the recent sales have been sold to owner occupied buyers...meaning the buyers are going to fix up these homes and live in them.  This is a significant transition because repossessions have been a real hot spot for the investor market.  A key factor to this shift is that many 1st time home buyers can afford to buy a repo and put a little money into it and they can still have a monthly payment that's cheaper than paying rent.  

Currently there are 3 available HUD homes in Mount Vernon available for electronic bid.  

510 West Gambier Street is $63,000
118 Ringold Street is $58,000
40 Columbus Road is $22,000

If you are interested in seeing inside of any HUD or bank owned home please call us at (740) 397-7800 or you can send us an email at samsells@sammiller.com.  We can generally get you inside any HUD or bank owned home quickly because they are typically vacant and on a lockbox.  If you are also interested in viewing our other bank owned listings visit:  Knox County Ohio Bank Owned Homes.

Thanks for your interest!

Sam Miller 

Imagine the top photo was taken of your home while it's for sale with a real estate agent.  As you can see from the top photo...when a buyer drives by your home at night they won't have a clue your home is for sale.  Now consider that roughly 30 percent of all home buyers contact a real estate professional because of the real estate sign and you can see the obstacle that having an invisible real estate sign creates.  Daylight savings time just kicked in this month so it's dark when most people are driving to work and it's already dark before 5 p.m. so most people are also driving home in the dark.  Most people who work during the day will never notice your home during their commute to and from work.  Assuming they work 5 days a week...you agent has lost over 70% of your signs effectiveness.  Remember, nobody can see your sign in the dark even with the headlights pointing straight at it from only 100 yards away.  As you can see in the photo...your signage is no longer an effective means of marketing your home after dark...or is it?  

The photo below is of my real estate sign with the headlights pointing at my sign from the same 100 yards away.  I don't need to sell you on the advantage of the additional exposure my real estate signs create because as you can see from the two photos the difference is like night and day.   You would think that most real estate agents would invest in special reflective real estate signs like mine.  The reality is that a VERY low percentage of agents invest in their own real estate signs.  Most traditional real estate brokerages provide their agents with a basic company real estate sign and by basic sign I mean a "non reflective" real estate sign.  Special reflective real estate signs definitely cost more money but at an added cost of less than $30 more per sign I think it is one of the best investments I can make.  If I can spend an extra $30 per sign and potentially double the marketing exposure of your home it sure seems like a wise investment to me.  

I'm Sam Miller and I want to be your Knox County Ohio real estate agent.

During the month of October there were 7 home sales at the Apple Valley Lake in Knox County Ohio.  The lowest priced home at the Apple Valley Lake sold for $106,500 and the highest priced home sold for $287,500.  The average sales price for October at the Apple Valley Lake was $162,557.  To give you a comparison I ran a report for October of 2009 and last year for the same period there were 11 sales at the Apple Valley Lake.  What this means is that there were 36% fewer home sales at the Apple Valley Lake in 2010 as compared to 2009.  This shift in homes sales at Apple Valley Ohio are certainly understandable because in a tighter economy 2nd homes / vacation homes are not a requirements for everyday life.  As the economy strengthens and as the Spring housing market arrives I am confident we will see an increase in buying activity at both the Apple Valley lake and also in all of the communities in and around Knox County.

View our available homes at the Apple Valley Lake in Knox County Ohio

MOUNT VERNON, Ohio — A commercial building located at 201 South Main Street on the corner of Gambier Street caught fire this morning between 6:30 and 6:45 a.m.  This building is the location of Bodi N Balance Fitness and it was previously the location of Focus Studio and Ben Franklin.  The fire is believed to have started in the basement of the building and spread through the building and eventually flames penetrated the roof.  The fire department has been doing everything they can to contain the fire and minimize the damage to the newly renovated Mount Vernon Nazarene University Art Center which is located next door.  

Mount Vernon, Ohio and all the surrounding communities within Knox County, Ohio are very fortunate to have a movie theatre as nice as Mount Vernon Premiere Theatre.

The Premiere Theatre has been a wonderful addition to the community and the theatre owners have made significant upgrades to the theatre within the past year.  Some of the upgrades include new seating, an enhanced lobby, the addition of digital 3D and the total number of movies screens has been increased and they now feature 7 movie screens.  

• Premiere Theatre is located at 11535 Upper Gilchrist Road, Mount Vernon, Ohio 43050 
• Movie information Line:  (740) 392-2220
• Movie Business Line:  (740) 397-2224
• Mount Vernon Movie Showtimes

A client asked me this morning how many homes were available for sale within the Mount Vernon Ohio School District so I ran an "Active Listing" report and thought the information was worth sharing.  The following details came directly from the Knox County Ohio MLS on October 11th, 2010:

• There are 218 homes for sale within the Mount Vernon Ohio School District
• The average listing price for a Mount Vernon Ohio Home today is only $154,637
• The lowest priced Mount Vernon Ohio home for sale is listed for only $25,000 
• The highest priced Mount Vernon Ohio home for sale is listed for $1,300,000
• From 1-1-10 through today 10-11-10 there has been 174 homes sell in this area
• The average sales price for the Mount Vernon Ohio homes that sold was $110,434

October has arrived and I have just completed the Knox County Board of Realtors MLS homes sales report for September.  The results are very interesting because our board of REALTORS experienced a reduction in homes sales this September compared to September 2009 yet the average sales price of homes sold were higher in September 2010 than they were in September 2009.

• September 2010 saw 1/3rd fewer residential homes sales compared to September 2009.
• The average price of a home that sold in September 2010 was $17,404 higher than in 2009.
• There are 426 residential homes for sale with an average listing price of $161,356