Just read my new Ohio Realtor newsletter, the publication for Realtors in Ohio.
Some good news - home sales activity surged 31.2 % in November as Ohio buyers took advantage of the first-time home buyer tax credit opportunities.
New and existing home sales from January through November, 2009 totalled 96,022 or 8.6 % behind the 105, 015 sales during the same period in 2008.
The average sales price in Ohio (January through November) dropped 6.4 % from $138,276 to $129,437 from the same period a year ago.
Total dollar volume for the same comparable period dropped from 14.5 billion $ to 12.4 billion $. This was a 14.4% decrease.
Sales in November reached 9,320 units, for an increase of 31.2 % over November of 2008.
Keep the faith folks - the market will slowly turn!!
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