Ohio was one of the first to go into the housing crisis and now experts say the Buckeye State will be the first to come out on top, and that's good news especially for those looking to sell. " I was really anxious that we were going to have to sell our house at a little bit of a loss and just lick our wounds, says Mark Ingram.
Ingram and his family waited 6-months to put their home in Strongsville on the market. Now experts say the timing is just right. They're predicting "home values" could rise at least 15-percent and 'home sales" will rise more than 20-percent during the next few years nationwide. Ohio is expected to do even better. " If we could get out the original money that we put into it is all we're expecting," explains Ingram.
Realtor Greg Erlanger with the EZ Sales Team at Keller Williams says we're in a transitioning market. He says now he's seeing multiple offers on homes, and for buyers in some areas that means fewer houses to choose from. As for sellers, Erlanger says they aren't taking as hard of a financial hit compared to the past. "Valuations are not going to go down over this next year, and I also think it's good news that it's pretty much stabilized over the last few years, and that the prediction is that home sale prices will increase," explains Erlanger.
As for Ingram, he's hoping his decision to sell pays off, and housing predictions are right on the money. " The perfect day it goes on the market on Friday and on Saturday we get an offer for the full asking price. That would be great."
Experts also tell us that it's not a good market for people looking to rent a home because there isn't a lot to choose from because more people are looking to sell.
Tuesday, May 21 2013 12:08 AM EDT2013-05-21 04:08:51 GMT
Daryl Raetz, 29, was a six-year veteran of the Phoenix Police Department. (Source:Facebook)
Immigration and Customs Enforcement Officials say the man who owns the SUV that killed a Phoenix Police officer is not in the country legally.Phoenix Police arrested 24-year-old Jesus Cabrera Molina. HeMore >
Immigration and Customs Enforcement Officials say the man who owns the SUV that struck and killed a Phoenix police officer is not in the country legally.More >
Tuesday, May 21 2013 11:58 AM EDT2013-05-21 15:58:37 GMT
Amy's Baking Company
Amy's Baking Company said legal and online threats have forced it to cancel a press conference Tuesday, but that it's grand reopening will take place as planned. Owners of the Scottsdale bakery, Amy andMore >
Owners of the Scottsdale bakery decided to pull the plug on a 1 p.m. news briefing Tuesday after getting a letter from a litigation law firm representing a company that produces the TV show Kitchen Nightmares. More >
Monday, May 20 2013 9:04 PM EDT2013-05-21 01:04:13 GMT
(Source: Fox 29/myfoxphilly.com)
A Utah mom found a unique punishment for her daughter after finding out she was bullying a classmate. Myfoxphilly.com reports that Kaylee, 10, was teasing another student about her clothes so much thatMore >
A Utah mom found a unique punishment for her daughter after finding out she was bullying a classmate.More >
An Oregon girl abducted as a baby and missing for 18 years finally emerged in Dallas this week when her mother turned herself in to authorities, according to the Polk County Sheriff's Department. More >
An Oregon girl abducted as a baby and missing for 18 years finally emerged in Dallas this week when her mother turned herself in to authorities, according to the Polk County Sheriff's Department.More >
Tuesday, May 21 2013 7:31 AM EDT2013-05-21 11:31:15 GMT
Authorities are set to release more than 300 photos on Tuesday that investigators took in the aftermath of the Tucson shooting rampage that killed six people and wounded former U.S. Rep. Gabrielle GiffordsMore >
Authorities are set to release more than 300 photos on Tuesday that investigators took in the aftermath of the Tucson shooting rampage that killed six people and wounded former U.S. Rep. Gabrielle Giffords and 12 others.More >