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Home Prices and Supply tell two different stories in Marysville, Ohio Real Estate
I am on my way home from visiting my brother in Boise, Idaho and in the airport I pick up a USA Today for some reading material on the airplane. In the money section of the paper, I saw "Home Sales Up 6.5% in the month of December." I thought to myself, wow that is exciting, seeming how I am a Realtor in Marysville, Ohio. I then started thinking to myself, wonder what the market did in Marysville for the month of December? I started to look at the numbers for December as well as the past 12 months for the City of Marysville, Ohio and here are some of the results that I found (keep in mind that these homes are priced between $150-$250K). Below in the first graph, you can see that the greatest month of supply for homes was November of 2007 @ 116 homes on the market. Since then there has been a steady decline in the supply of homes in the Maryvsille Corp. Limits. This includes Mill Valley and Green Pastures. This is a good sign, a sign that shows me that it is going from a dominant Buyers market to a more even market for both Buyers and Sellers. This ... more

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