Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

 

Navigating the Real Estate Maze with Our New Website

In the ever-evolving world of real estate, finding the right partner to guide you through the maze of listings, negotiations, and paperwork can be a daunting task. But fear not, for our new and exciting real estate website is here to revolutionize your home buying or selling experience, making it simpler, more informative, and stress-free than ever before.

Your One-Stop Shop for Real Estate Needs

Our website is designed to cater to every aspect of your real estate journey, whether you're a seasoned investor or a first-time homebuyer. Here's just a glimpse of what you can expect:

  • Free Home Market Analysis: Gain valuable insights into your local real estate market with our comprehensive home market analysis tool. Understand current trends, pricing, and neighborhood dynamics to make informed decisions.

  • Free Home Evaluation: Curious about your home's current market value? Our free home evaluation tool provides a quick and accurate estimate, helping you set realistic expectations when selling.

  • Prequalification Assistance: Getting prequalified for a mortgage is an essential step in the home-buying process. Our website offers helpful resources and guides to navigate this process smoothly.

  • Home Buying Process Guidance: Embarking on the home-buying journey can be overwhelming. Our website provides clear and concise guidance on every step of the process, from finding your dream home to closing the deal.

And Much More!

In addition to these core features, our website also offers a wealth of additional resources, including:

  • Extensive Listing Database: Browse through a comprehensive list of homes for sale or rent in Gallia, Jackson, Athens, and Vinton Counties.

  • Neighborhood Guides: Gain insights into the unique neighborhoods in our coverage area, including schools, amenities, and lifestyle options.

  • Mortgage and Financing Information: Access valuable information about mortgage options, interest rates, and financing strategies to make informed financial decisions.

Your Gateway to a Smooth Real Estate Experience

Our new real estate website is your one-stop shop for navigating the complexities of the real estate market. With its user-friendly interface, comprehensive resources, and dedicated support team, our website empowers you to take control of your real estate journey and make informed decisions every step of the way.

Whether you're looking to buy, sell, or simply explore your real estate options, our website is your trusted partner, providing the tools, information, and guidance you need to achieve your real estate goals. So, embark on your real estate journey with confidence, knowing that our website is here to support you every step of the way.

March 31, 2024

Top 10 Home Improvement Projects That Don't Add Value

Thinking of sprucing up your home? While some renovations can boost your resale value, others might not. Here's a list of improvements that may not translate to a higher selling price:

  1.  * Trendy Touches:  While you might love the latest burnt orange countertops, potential buyers might not. Opt for timeless design elements with neutral colors.

  2.  * Luxury Upgrades:  Solid gold faucets might impress your guests, but they likely won't recoup their cost when you sell. Stick to standard, high-quality fixtures.

  3.  * Swimming Pools and Jacuzzis:  These can be expensive to maintain and may not appeal to all buyers. Consider their upkeep costs before diving in.

  4.  * Custom Built-ins:  Built-in shelves for your antique doll collection might not be a selling feature for most buyers. Opt for flexible storage solutions.

  5.  * Wall-to-Wall Carpeting:  While cozy underfoot, wall-to-wall carpeting can be seen as outdated by many buyers. Consider hardwood or tile flooring for a more modern look.

  6.  * Extensive Landscaping:  While attractive landscaping can add curb appeal, overly elaborate designs might not be for everyone. Keep it simple and well-maintained.

  7.  * Garage Conversions:  Converting your garage into a living space can limit storage and car enthusiasts might be turned off.

  8.  * Solar Panels:  While good for the environment, potential buyers might not be willing to pay a premium for them.

  9.  * Home Theater Systems:  Built-in home theater systems can become outdated quickly. Opt for flexible entertainment areas.

  10.  * Statement Walls:  A vibrant accent wall might express your style, but it might not resonate with most buyers. Stick to neutral paint colors.

Remember, the goal is to improve your home's functionality and appeal to a broad range of buyers. If you're unsure about a project, consult our team of realtors for their insights.

Posted in Market Updates
March 6, 2024

**Unlocking the Potential: Real Estate Trends in Southeastern Ohio**

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Welcome to our latest exploration into the dynamic world of real estate trends! Today, we're delving into the captivating landscape of southeastern Ohio, a region brimming with opportunity and untapped potential. From the serene rolling hills to the charming small-town atmosphere, southeastern Ohio offers a unique allure that continues to attract both investors and homebuyers alike.

**Understanding the Landscape:**

Southeastern Ohio encompasses a diverse range of communities, each with its distinct character and appeal. From historic towns steeped in tradition to vibrant urban centers buzzing with activity, this region offers something for everyone. With its affordable housing market, picturesque scenery, and a strong sense of community, southeastern Ohio has emerged as a hidden gem in the realm of real estate.

**Key Trends and Insights:**

1. **Steady Growth**: Over the past few years, southeastern Ohio has experienced steady growth in both home sales and property values. According to recent data from Realtor.com, the median home price in the region has increased by 6% since 2022, outpacing the national average.

2. **Rural Retreats**: The allure of rural living has never been stronger, with an increasing number of homebuyers seeking out the tranquility and space that southeastern Ohio has to offer. Whether it's a sprawling farmhouse or a cozy cabin in the woods, rural properties are in high demand.

3. **Investment Opportunities**: Investors are taking notice of southeastern Ohio's potential, with many eyeing the region for its favorable returns and low barriers to entry. From fixer-uppers ripe for renovation to commercial properties primed for development, the opportunities abound.

**Projections and Future Outlook:**

Looking ahead, the future of real estate in southeastern Ohio appears promising. With continued economic growth, infrastructure improvements, and a renewed focus on community development, the region is poised for sustained expansion. As more people discover the charm and affordability of southeastern Ohio, demand for properties is expected to remain robust, driving further growth in the market.

**Conclusion:**

In conclusion, southeastern Ohio offers a wealth of opportunities for investors, homebuyers, and developers alike. With its scenic beauty, affordable housing market, and strong sense of community, the region stands as a shining example of the potential that lies within America's heartland. As we move forward, let us embrace the spirit of exploration and innovation as we unlock the full potential of southeastern Ohio's real estate market.

#RealEstateTrends #SoutheasternOhio #InvestmentOpportunities #CommunityDevelopment #RuralLiving #Homebuyers #PropertyValues #MarketInsights**

 

Stay tuned for more updates and insights from Evans-Moore Realty as we continue to explore the ever-evolving world of real estate!

Jan. 17, 2024

SE Ohio Real Estate Trends 2024

Trends for 2024 in Southeastern Ohio

Overall:

·                            Moderate growth: Prices are expected to continue increasing but at a slower pace compared to the national average. Home values rose 7.3% in October 2023 compared to the same month the previous year, suggesting a potential slowdown in appreciation.

·                            Lower inventory: Housing supply remains limited, potentially fueling competition and keeping prices stable. While inventory levels are slowly rising, they still haven't reached pre-pandemic levels.

·                            Mixed impact of interest rates: Higher interest rates might cool buyer demand, but could also attract investors seeking alternative assets. The recent slight decrease in rates might offer some relief to potential buyers.

Factors to consider:

·                            Location: Specific city and county data within Southeastern Ohio will provide a more accurate picture. Different areas might experience varying levels of growth and activity.

·                            Housing type: Demand for specific property types (e.g., starter homes, luxury properties) could differ, impacting market segments differently.

·                            Economic factors: Local job markets, wages, and overall economic health can influence buyer confidence and demand.

Potential scenarios:

·                            Balanced market: If inventory increases slightly and buyer demand remains steady, the market could see stable growth without major price fluctuations.

·                            Buyer's market: If interest rates continue to rise significantly, buyer demand could decrease, leading to a more favorable market for buyers with potentially slower price appreciation.

·                            Seller's market: Continued low inventory levels coupled with sustained buyer demand could maintain a seller's market with consistent price increases, especially for desirable properties.

Recommendations:

·                            Consult with one of our Real Estate Professionals: They can provide specific insights and expertise on the micro-market you're interested in.

·                            Stay informed on market trends: Monitor key indicators like inventory levels, average sale prices, and days on the market to make informed decisions.

·                            Consider your individual needs and goals: Whether you're buying, selling, or investing, prioritize your specific objectives and tailor your strategies accordingly.

Remember, these are general predictions, and individual circumstances can vary. However, by understanding the overall trends and local factors, you can make informed decisions about navigating the Southeastern Ohio real estate market.

I hope this information provides a helpful starting point for your research!

 

 

July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates