Tag Archives: Short Sales

January shows strong start for Summit County real estate.

2017 real estate sales in Summit County got off to a strong start in January, especially at the higher end of the market. Transaction volume rose 11 percent versus the year ago month to 138 sales. Dollar volume increased a … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , , | Leave a comment

Summit County Real Estate sales post modest gains.

Summit County real estate sales showed modest gains in both dollars and transactions in the month of October. For the month, transaction volume increased 5% versus a year ago to 252 sales. Dollar sales increased 6% reaching $117.5 million. Year-to-date, … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , , , | Leave a comment

August falls short of tough comparisons

Nominally, August looked like a rough month for Summit County real estate sales as transaction volume dropped 6% and dollar volume fell 16% from the year ago period. Digging a little deeper, however, shows that it wasn’t this August that … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , , | Leave a comment

March activity back on the rise

While the year began with a whimper with sales down 8 % over the first two months, March transactions reversed that trend rising 1% versus the year ago period and 43% from February to 119 sales. Dollar volume was even … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , , | Leave a comment

Large commercial sale saves January

On the surface, January real estate sales showed only modest declines from a year ago with total volume dropping 2% to $52.2 million. Transaction volume was down a more substantial 6% to 102 transactions. These numbers, however, are not an … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , | Leave a comment

Buyers take a holiday

Summit County real estate sales saw a sharp drop both sequentially and year over year as buyers appear to have joined in the year end holidays. Transaction volume in December dropped 29% to 132 sales versus 185 a year ago. … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , | Leave a comment

November activity maintains the momentum

November real estate activity in Summit County saw its normal seasonal dip in November but continued to post healthy gains over the previous year period. During the month, there were 170 total transactions, down meaningfully from the 241 of October … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , | Leave a comment

New loan rules coming

Starting in January 2014, new rules implemented under the Dodd-Frank legislation will further tighten lending practices. According to a US News & World Report story, it is estimated that loans are already eight times more difficult to obtain than prior … Continue reading

Posted in Random Thoughts | Tagged , , , , , , , , , | Leave a comment

Best September for Summit County real estate in five years.

Real estate activity in September saw its best numbers in the last five years. Transaction volume increased 13% from August and 54% from the year ago period to 244 sales. That is the highest transaction volume since November of 2007 … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , , , , | Leave a comment

April Summit County real estate shows another strong gain.

April Summit County real estate sales showed another strong month with double digit increases in both volume and dollars. Total transactions rose to 134 or a 19% gain over the year ago period and showed the seventh consecutive month with … Continue reading

Posted in Summit County Market Statistics | Tagged , , , , , | Leave a comment