Tag Archives: investment property

Multiple offers

While we don’t see it often in our market, multiple simultaneous offers do happen and buyers and sellers are sometimes confused on what rules apply when they do. In such a situation, it’s the seller that calls the shots. First … Continue reading

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November generates strong gains in Summit County real estate.

Summit County real estate sales posted strong gains in the month of November even against a strong 2013 month. Transactions for the period increased 19% to 203 while dollar sales were up 16% to $93.3 million. That was on top … Continue reading

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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

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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

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August sees blowout numbers

August produced the highest monthly dollar volume of Summit County real estate sales in nearly 5 years. Sales for the month totaled $105.5 million up 53% from a year ago and last exceeded by $118.2 million in sales in October … Continue reading

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First six months sees 23% increase in Summit County real estate activity

Although we saw a seasonal dip in June, year over year comparisons continue to show very strong gains. June closings rose 28 percent versus a year ago to 140 versus 109. Dollar volume increased 17 percent to $61.2 million. Both … Continue reading

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Summit County Real Estate Post Double Digit Gains in May

Real estate transactions posted another strong gain in May despite relatively tough comparisons. For the month, sales were up 18 percent in both number of transactions and dollar volume. That is on top of a May 2012 which itself had … Continue reading

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First quarter off to bang-up start

The real estate market in Summit County is getting off to a far stronger start than in 2012. Last years first quarter saw an 8% decline in transactions and 5% decline in dollar volumes. In contrast, this year’s first quarter … Continue reading

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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

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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

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