Tag Archives: Short Sales

Sales volume continues to rise in Summit County

Summit County real estate transaction volume showed another double digit increase in February rising 16% to 92 transactions.  That follows a 13% gain in January and a 12% increase for all of 2012. Dollar volume did not fare as well … Continue reading

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

January sales off to a strong start

Although showing its typical seasonal dip, Summit County real estate sales continued to show strong year over year gains.  Transaction volume dropped from 185 sales in December to 108 in January but that still reflected a 13% improvement over a … Continue reading

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

Summit County Sales Close Year on High Note

Summit County saw a bang up December allowing the  full year to end with solid gains.  For the month, dollar sales rose 42 percent to $87.2 million while sales volume increased to 185 transactions.  Those numbers represent the third highest … Continue reading

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

October Real Estate Sales Post Blowout Month

October produced the strongest performance in Summit County  of any month in the last 4-5 years.  Transaction volume vaulted to 230 units up 43% from a year ago and 45% from September.  That was the highest unit sales number of … Continue reading

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

Summit County Real Estate seeing a pick-up.

After a lackluster performance in April , the Summit County real estate market showed impressive gains in May and momentum appears to be continuing into June.  For April, sales volume rose by 6%  year over year but with activity concentrated … Continue reading

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

Sales rise in September

September Summit County sales posted their second consecutive monthly improvements in both the number of transactions and total dollar value. Transactions in September rose 8% from August and were up 2% year-over-year (YOY). Dollar volume was up 21% from the … Continue reading

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

Short Sale versus Foreclosure

People often ask me the difference between a short sales and foreclosures. While related, there is a substantial difference, both in the process and in the impact on the owner’s credit report. A foreclosure is initiated by the lender, typically … Continue reading

Posted in Short Sales & Foreclosures | Tagged , , , , | Leave a comment