The August 2011 Market Report for Plain Township Ohio.

There were 66 active listings for August 2011, in Plain Township, Ohio 44706. 

137 houses sold in the past 90 days at an approximate rate of 46 houses per month. It will take 1.58 months to sell the  current inventory of houses at the same rate.  What does this mean for sellers?  They have a 63% chance of selling in the next 30 days.

The average list price was $119,182, The average sold price was $117,747.  The list to sale ratio was 96.80% and the average days on market were 71 days.

The  absorption rate is the number of "months of housing supply" and how long it will take in months for all the current homes listed for sale to be sold.

Market Absosrption Analysis

1-4 months of inventory is a sellers market.  There is less inventory and more buyers.

5-6 months of inventory is a stable market. 

7 + is a buyers market.   There is more inventory than buyers.

Foreclosures, shortsales and renting your home because it has not sold, are the new normal.  Pricing your home correctly is more important than ever.

I am here to help.  Give me a call right now if you are facing any of the above.

Call Deborah Wilson at 330-904-4545.  

It had gotten so hot the other day, my husband and I decided to get some ice cream.  We went to the legendary Stricklands ice cream on Triplett Blvd in Akron OH.

It was so hot, even these cute dogs had their own cones.  Before I could take a picture, the big dog Brandy had eaten all of hers.  The little pooch was still going strong.  

Canton OH, I say FSB0, you say FIZBO

I'm showing a house tomorrow to some new clients that is "For Sale By Owner."  I called and identified myself and asked would they pay me a commission if my buyers wanted to make an offer.  The FSBO lady said they needed all the money and how come the buyers couldn't pay me, after all you are the buyers agent. Couldn't the buyer just add the commission to the price?  I said that is not how we do things.  

Isn't that kinda how we got into this mortgage mess with all the out of the box razzle dazzle? Trying to make the deal work?  I don't know, What do you think? 

2010 End of the Year Market Report for Canton Ohio

2400 homes were sold in 2010.  The avg list price was $108,703.  The avg sold price was $104,100.

The % of list price was 95.77, and the avg days on market was 78 days.

The breakdown by price range is as follows:

$19,999 or under      373 Sold

$20-49,999              385

$50-99,999              610

$100-199,999          737

$200-249,999          140

$250-& up               155

The Canton OHio area has been hit pretty hard by foreclosures, but there is opportunity as well.  If you are looking for a home that need some work, the FHA 203(K) loan might very well be the ticket.

The FHA 203(K) loan rolls the cost of the  repairs into the mortgage, but you cannot go hog wild.  The repairs and the mortgage loan must be within what you qualify for.

Lenn Harley in Maryland does an exceptional job of explaining the FHA 203(K) loan.

                                              The Advantages of Selling Your Canton OH Home

  1.) The non-serious buyer will buy at the regular time of year.

But during the holidays, they are more serious. They're doing

this because they have to buy, rather than want to buy. 

 Thus, the quantity of buyers may not be out there during

the holidays however the quality of serious buyers during the

holidays are 500% compared to other times of the year!

     2.) Corporations move people

during the holidays because kids are out of

school. Ideally summer is better, but this is

another opportunity to move. If you are

relocating, you will do this at a time when

you aren't working. A holiday is a time

you can scout.

   3.) On a prospecting level, people are

home more during the holiday season. If

Realtor's are prospecting and they want

to meet people, these are the months to

meet people.

    4.) Job transferees' use the

holidays to house hunt because

January is the biggest transfer month.

    5.) Investors usually want to close

escrow by year-end for tax purposes.

    6.) Remodeling, decorating,

appliance installation, and other services

are more available and at less of a premium.

    7.) Lenders aren't as busy and can process

loans faster.

8.) Homes show well when

decorated for the holidays.

9.) Showings will be fewer and less intrusive, but more

likely to be fruitful with motivated, qualified buyers.

10.) There is less competition with

fewer homes on the market.

11.) If you are moving up, you

can save thousands.

12.) Holidays offer great networking opportunities!

You'll see more people this time of the year than any

other time and be able to discuss your business and

spread the word about your inventory!

13.) Interest rates just fell again

- to 4.19%.

14.) You beat the rush of inventory

that is coming next year.

15.) You have less ‘discounted'

inventory with which to compete.

      Bottom Line!

If you are looking to sell in the near future, there may not be a more

opportune time than this Season. Serious buyers, great move-up

deals and less competition from foreclosures creates the perfect selling

situation. Don't miss it!

Deborah Wilson

Search for Homes http://www.SearchCantonHomes.com/area/canton/searchhomes.htm

My achey breaky heart in Canton Ohio Real Estate

 My buyer didn't have a computer and liked to drive by the homes to look at  the outside first.  This worked out well for both of us.  More work for me, because I couldn't put her on automatic email campaign, I'm previewing all houses before I call her based on her specifications. 

"Hi Buyer, I said, I've got some more houses for you to see." 

"Oh Hi Deb,  my buyer said, we were just having lunch to celebrate the successful home inspection.  I love my new house."

I felt my head spin round like in some exorcist movie. Taking a deep breath, I said "what are you talking about.  What house?  Why didn't you call me?"  The kick in the stomach was when she said,what ever agent sent me a house that I liked, I went with that agent.  You were just one of many agents helping me.   I  was one of many helping her!  The house she purchased was against every thing she said she wanted.  It was on a busy street with no fenced private back yard in an area of town she didn't want. 

I wanted to say, "whadda you mean, you wrote an offer with someone else. We have an exclusive buyer agency agreement in place. (Unfortunately it had been in place for three months and expired the day the offer went pending  Hmmm!)  I thought we had a relationship.  We've written two offers ( that you lowballed), we talked twice a week about  what she wanted.  We previewed countless homes.  I met her family.  I thought I was her Realtor. 

Where did I go wrong?

Farmer's Market in Jackson Township Community Park.

I went down to the Community Park to stroll the Farmer's Market.  But after I got there and saw the beautiful veggies, jars of honey, pastries, flowers, and even locally raised beef vendors, I was hooked.

The market is every Thursday from 3pm to 7pm.  You will not be disappointed.  Grocery store charge by   the pound, but I was able to buy by the piece or by the quart. 

I bought a huge butterner squash for $1.00. Just earlier thay day,  I saw this guy on the cooking channel making something with the butternut squash, so I had to have one. When I left I was loaded down with a lovely bunch of carrots with the tops, onions, cucumbers and tomatoes. 

I guess I had better get cookin' 

 This action packed Buyer Workshop in Canton is sure to answer your questions on the buying process.

Canton Home Buyer Workshop

Canton, OH - Buying a home is a complex process, Title Insurance - Inspections - Negotiations - Mortgages. To help ensure that your home purchase is profitable and problem free, we have teamed up to sponsor a home buyer's class to teach you the secrets of successful home buying. The class is presented in an informational packed 2-hour format and held Saturday, April 24th at the 25th St Library lower level at 10am. The address is 189 25th St NW, Canton. Whether you personally own a home or this is your first time, you will learn new tips and strategies for getting the best buy and the best mortgage.

At the Class, You'll Learn:

How much home can I afford?

Which government programs do I qualify for?

How many Zero down home loan programs do I qualify for?

What are the important differences between resale and bank owned homes?

What programs do I qualify for that will pay my closing cost?

Do I qualify to receive up to 10,000 of Free government money?

What are the seven steps involved in buying a home?

Photos of home inspection findings and Pitfalls to avoid!

Can I see my credit report? Is my credit good enough?

What's the best way to find the right home?

How do mortgages work?

How can I tap into the Realtor database to find the best homes before anyone else?

There are more than 100 types of Home Loans!

Do you know which one is best for you?

You may be able to buy more home than you think, or maybe you can reduce your monthly payments by 25% or more. Just by taking a few simple steps, you could raise up to $90,000 or more for you down payment. This means you cna have that extra bedroom or two car garage, just by knowing secrets that few buyers know!

We'll take the confusion away and replace it with practical, down-to-earth knowledge that you can use now. We'll make it simple. From getting started to getting moved in, we'll lead you all the way through the process.

At the class, you will receive a Free Buyers Manual to get you started in the right direction. This and lots of other information is yours Free with absolutely no obligation of any kind.

There is no charge for the class, and you can bring a guest - but you must pre-register. Class size is limited, so register early.

Class present by:

Deborah Wilson, Cutler Real Estate

Melissa Hackenberg, Cutler Real Estate

Sharon Barker, Union National Mortgage

Home Inspection

Class Location:

25th St Library, at 189 25th St NW, Canton OH 44709

10:30 am - 12:30pm

To register, Email me at DebSoldMe@Gmail.com.

If you have any questions, you can call directly at 330-904-4545.

Call Now for reservations. Space is limited, so register Today!

Deborah Wilson, Your Real Estate Consultant

Market Report for Massillon OH - February 2010

There were 20 homes sold.  The average sold  price was $39,095  The median price was $26,950.  The average market time was 70 days.  The average square feet was 1362 sq ft.

There were 29 house that went pending in February 2010.  The average market list price was $66,454

There were 41 active listings for sale in Massillon OH in February 2010.  The average price  was $91,416.

Types of financing

Conventional     2

FHA                    2

VA                      1

Cash                   15