Patty Massare's blog

More Americans Believe Economy Headed in Right Direction - Despite continued uncertainty surrounding the fiscal cliff, Americans are showing increased confidence in the housing market and the direction of the economy. According to results from Fannie Mae’s November 2012 National Housing Survey, such improvement bodes especially well for continued strengthening in the housing sector, which in turn is likely to support overall economic growth. [...] [Daily Real Estate News]

Here is a shot of our new office interior from one of the conference areas.  We're stoked! 

It has been crazy trying to move and still get all our work done.  The new office will be a work-in-progress for a while . . . but it's all worth it. 

And to think we started out just a couple of years ago with two agents and one administrator . . . and we now officially have a staff of 35 real estate professionals! 

For quite a bit less than renting, you can own your own home.  Nobody knows how long these record-low interest rates will be around, but why not take advantage of the combination of great rates and unique housing bargains.  Contact Us to get all your questions answered by an experienced real estate professional.  

Continued good news for the greater Youngstown area real estate market. 

Year-to-date real estate market statistics for Mahoning County show:

• Pending Sales  +24%
• Closed Sales  +17.7%
• Median Sales Price  +5.5%

The only bad news is that inventory is low . . . which means buyers don't have a lot of choices.  Homeowners are still not selling unless they need to . . . for various reasons . . . but mostly because they have less equity in their homes.  However, if you do want to sell your home it's a great time.  Buyers are lining up in certain price ranges and just waiting for the right home to come on the market. 

We are experiencing multiple offers on properties that are priced close to market value.

To find out what your home is worth in today's market, Contact Us.  We will provide you with an expert evaluation of your property and recommendations on preparing and staging your home to get the most value from what you own.

Click on the Attachment link in the gray bar below this post to view the entire Market Indicators report, which is courtesy of Youngstown-Columbiana Association of REALTORS®.

Real estate markets are local, and do not necessarily reflect national or even state market conditions.  Let's take a closer look at the local real estate market conditions in Mahoning County.

The good news is that the market has been improving . . . slowly but surely . . . over the past year.  It makes the most sense to focus on what has happened for the first six months of the year compared to the first six months of last year, instead of looking at month to month comparisons, as they can fluctuate either way and the short term focus can be misleading.