Home Sales Show Healthy Gains

2258 Martinsburg Rd. Newark, OH sold for $129,000 in November.

November home sales in central Ohio showed healthy gains over last year. There were 1,923 residential sales during the month of Nov., a 30 percent increase from the 1,479 home sales in Nov. 2011, according to the Columbus Board of REALTORS®.

Licking County home sales are up 14.4 percent over last year. The 134 Licking County homes sold in Nov. marks a slight increase over homes sold in Nov. 2011. Year to date, 1,551 homes sold in Licking County from Jan. to Nov., up 14.4 percent over the 1,356 homes sold over the same period last year.

The average sale price for Licking County’s single family homes and condominiums year to date is $145,980, up 6.1 percent from homes sold Jan. to Nov. 2011. The average days on market for a house until sale is 99 days.

The number of Licking County home listings coming on the market as a new listing in Nov. totaled 109. The number of Licking County home listings going into contract in Nov. totaled 151 homes. The inventory of homes for sale in Licking County is 903 homes for sale through the end of Nov., with 6.6 months supply of inventory.

Here Comes the Boom!

Some experts are saying a housing boom is coming!

http://money.cnn.com/2012/10/12/news/economy/housing-boom/index.html?fb_action_ids=10151281885624532&fb_action_types=og.recommends&fb_source=aggregation&fb_aggregation_id=246965925417366

Housing Market Looking Good for 2013

The housing market is rebounding, and looking good for 2013, but the price still needs to be right.

http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html?source=linkedin

Fannie and Freddie halt foreclosures for the holidays.

A small break for those facing foreclosure.

http://money.cnn.com/2012/12/03/real_estate/holiday-foreclosure-moratorium/index.html?source=linkedin

Parks, Keefe, and Scisciani Earn Sales Honors

Aaron Parks

CENTURY 21 Frank Frye Real Estate has named REALTOR® Aaron Parks as its top Sales Associate of the Month for November. REALTOR® Denise Keefe was named Second Sales Associate, and REALTOR® Dakotah Scisciani was named Third Sales Associate.

The awards are based on monthly sales volume.

CENTURY 21 Frank Frye Real Estate is a full service real estate company serving all of Licking County, and has been located in historic downtown Newark since 1977.

REALTOR Magazine explains the 3.8% Tax

Clients, Friends, and fellow Realtors have asked me aboutt he 3.8% tax and how it affects real estate. Here's a link to an article from REALTOR Magazine that explains it.

REALTOR Magazine Explains 3.8% Tax

Home Sales Are Up 15.3% Over Last Year

This Heath home sold in October.

       Licking County home sales were up in October and are up 15.3 percent over last year.

     The 156 homes sold in October marks a 32.2 percent increase over the 118 homes sold in October 2011. Year to date, 1,412 homes sold in Licking County from Jan. to Oct., up 15.3 percent over the 1,225 homes sold over the same period last year.

     Licking County homes put in contract in October (186) were up 36.8 percent over a year ago.

     The average sale price for Licking County’s single family homes and condominiums year to date is $146,962, up 6.4 percent from homes sold January through October 2011.

     The average days on market for a house until sale is 97 days, up from 96 days one year ago. The inventory of homes for sale in Licking County is down 23.9 percent from last year with 981 homes for sale through the end of October. The months supply of inventory is down 32.6 percent from last year at 7.4 months supply.

     All statistics are provided by the Columbus Board of REALTORS.