Until just recently Grove City's growth has kept the real estate market stats looking pretty good. The first 10 months of 2009, however, is starting to show even Grove City is being impacted. Closings for the first 10 months of the year are down 9.1% compared to the same period in 2008 and the average sale price is down 9.7%
For 2008 average sale prices were virtually unchanged (down 1%) with the same period a year ago. Closing activity was also unchanged.
Buyers and sellers today will find both opportunities and difficulty in the marketplace today depending on the location and price range. Sellers that have owned their property 5 or more years are in the best position to make a move and benefit from today's great rates which are around 5% on a 30 year fixed mortgage.
Contact The Gregor Team today for access to the most up-to-date information throughout Central Ohio. Our Buyer Hotline: 614-657-0023/888-868-0391 -- Sellers Contact Dan Gregor direct at 614-548-0531 or 800-362-4918. or get all the info you need with no obligation online at www.gregorteam.com.
ZIP Code: 43123 Approximate Location Boundaries: MLS area GC
About Dan Gregor:
The 10 member Gregor Team at Prudential American Realty Center offers the homebuyer and homeseller a team of specialists knowledgable in all phases of residential real estate. We offer the services of 2 buyer specialists, 2 listing/marketing specialists, a fine homes specialist, a new homes specialist and the services of a condominium specialist. Plus, access to our lender, title, inspectors and all the additional resources of Prudential locally and nationally.
Our team also offers exclusive services like a guaranteed sale/trade-in program for your present home and the free use of our moving van for local moves. The Gregor Team also uses Prudential's Value Range Marketing (PVRM) which generates substantially more showings and offers on our seller's homes and Prudential's Yahoo Connection provides buyers fast access to all the details on our listed properties and detailed daily activity reports to our sellers showing internet inquiries on their home. Visit our newest site www.OhioHomeValues.com to get your home's value, to search MLS or to request free real estate information.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.