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"Let's Talk Real Estate" By: Dave Henson

By
Real Estate Agent with Zimmerman Realty

            Real Estate, much like the stock market is a dynamic and ever changing entity. Real Estate could involve an investor purchasing an apartment complex, a developer buying a tract of land or simply an individual buying a home to live in and raise a family.

                             For the interest of the majority of readers, my focus of this and future articles will be related to you, the homeowner. Besides, as a local Realtor, I live, work and play in the same area you call home and Indian Lake is my specialty. If I am to survive as a Realtor it sure helps to know something about the homes, events and changes that affect this market. Granted, I am not a life long resident of the Indian Lake area, I am all ears when my elder friends speak of the history and the way life used to be here. Local history plus events of a larger scale all play a role in what shapes our local real estate market today.

                              On a local scale, it is my opinion that every home and business owes a great deal of gratitude to the Ohio Division of Parks and Recreation. Indian Lake itself is our greatest asset and resource in this area. The directors and employees responsible for Indian Lake do a fantastic job with what I am sure is a limited budget. There is not a season that goes by that I have not observed them doing something that improves our lake and park. Their dedicated work goes a long way in attracting tourists, campers, fishermen and boaters to this area. Along with these visitors comes disposable income that is spent at local restaurants and establishments. Hence the rise in real estate demand and values.

                               On a broader national scale there are also events that affect our local market. A prime example was the sharp increase in fuel prices we all experienced in 2008. When it cost 80 dollars to fill your vehicle and another $50.00 to top off your boat, it does change your habits and priorities. Individuals became more cautious about what the following month could bring and how they handled disposable income. Thankfully gas prices have eased some, but it does go to show that events on a national level can reflect on a local scale

                                Be it good or bad, local or global, these events do have a role in today's market and do affect you the homeowner. In future articles, I will cover many aspects of Real Estate involving the selling and purchase of homes. My focus will be on the Indian Lake area. It is my specialty. If you have any questions involving Real Estate that you would like to direct to me, feel free to e-mail me directly through my website at www.indianlakeman.com.

 

 

                                   

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