Nichole Hannahs

Home Sales Up

by Nichole Hannahs on December 3, 2012 at 12:25 pm

Home sales in the State of Ohio rose for the 18th consecutive month.

The Ohio Association of Relators said that home sales for the state are up 13 percent from 2011. Chrystal Woodburn, a realtor at Lepi and Associates, said when home sales rise it’s a sign that the economy is improving.

Woodburn said that the current problem is a lack of properties for sale. While, this is still a buyers market there are signs it could be shifting.

"They are seeing a shortage of listings," explained Woodburn. "Years ago that didn’t produce more people, prices of home went up and it became a sellers market. At this time it is a buyers market, but I see eventually, just with my own opinion, that it might turn into a sellers market."

According to the Multiple Listings Service the average price of a home in Zanesville is up 5 percent to around $99,000 a home. Woodburn suggests to get your home off the market quicker it should be move in ready.

"Declutter. Make sure when they walk in there is plenty of space, make sure when they see the room they see the square footage. Anything maintenance wise furnace, ac, windows, roof, those are things that are major repairs and that’s what a lot of people look at when they go in," said Woodburn.

Woodburn also encourages buyers to get pre-approved for a home loan so they know how much house they can afford and to look at a home a couple of times before putting in an offer.