by Susanne Novak | Nov 26, 2018 | Market Updates
I hope you had an enjoyable Thanksgiving Holiday, got all your Black Friday Shopping done, and celebrated yet another Buckeye victory over the team up north. We spent a couple of days in Chicago and enjoyed Thanksgiving dinner with our sons. Visiting the Christkindl...
by Susanne Novak | Oct 22, 2018 | Market Updates
September home sales are in. The slowdown of the market, which I predicted over the summer months, is now confirmed by real numbers. Inventory Rises Just a Little The biggest news is a slight increase of the listing inventory by 2.6% (as compared to September 2017)....
by Susanne Novak | Sep 24, 2018 | Market Updates
It appears that the summer slump is over, and the market is buzzing again. The average sales price has increased by 6.6% year over year. It stands at $231,353. Change is in the air though. There are more new listings on the market and the number of pending contracts...
by Susanne Novak | Aug 27, 2018 | Market Updates
July was another excellent month for home sales and property values. It appears that last month’s slowdown was seasonal, and the market is heating up again. This month’s report will elaborate on the current status of the housing market. Although home sales...
by Susanne Novak | Jul 27, 2018 | Market Updates
Market Update Breaking All-Time Records In June the average sales price reached its highest value ever at $244,830. That’s 8.7% more than a year ago. At the same time days on market (DOM) hit an all-time low of 23. This means that the average home sold in June...
by Susanne Novak | Jun 25, 2018 | Market Updates
Have We Reached the Top of the Market? I believe the May 2018 housing report indicates a shift in the market. Closed Sales are DOWN by 7.0% from a year ago. New Listings are UP by 8.2%. Sales are down because there are not enough affordable homes listed for sale that...
