Tag Archives: investment

March activity back on the rise

Posted on May 16, 2014 by Eric Buck

While the year began with a whimper with sales down 8 % over the first two months, March transactions reversed that trend rising 1% versus the year ago period and 43% from February to 119 sales. Dollar volume was even … Continue reading →

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Do I need a home inspection?

Posted on March 16, 2014 by Eric Buck

I often get the question from buyers, “Do I need to get an inspection?” My answer is almost always “yes”! Inspection are relatively cheap running $0.10 to $0.15 per square foot. Although these inspections are limited in scope (check your … Continue reading →

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Buyers take a holiday

Posted on February 2, 2014 by Eric Buck

Summit County real estate sales saw a sharp drop both sequentially and year over year as buyers appear to have joined in the year end holidays. Transaction volume in December dropped 29% to 132 sales versus 185 a year ago. … Continue reading →

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New loan rules coming

Posted on December 6, 2013 by Eric Buck

Starting in January 2014, new rules implemented under the Dodd-Frank legislation will further tighten lending practices. According to a US News & World Report story, it is estimated that loans are already eight times more difficult to obtain than prior … Continue reading →

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Best September for Summit County real estate in five years.

Posted on November 4, 2013 by Eric Buck

Real estate activity in September saw its best numbers in the last five years. Transaction volume increased 13% from August and 54% from the year ago period to 244 sales. That is the highest transaction volume since November of 2007 … Continue reading →

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Summit market maintains double digit gains

Posted on September 9, 2013 by Eric Buck

The real estate market in Summit County remained robust in July with a 23% increase in transactions versus a year ago. With 155 transactions, it represented the most active July since 2007 which saw 301 sales. Dollar volume was also … Continue reading →

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First quarter off to bang-up start

Posted on April 29, 2013 by Eric Buck

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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January sales off to a strong start

Posted on February 27, 2013 by Eric Buck

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 →

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October Real Estate Sales Post Blowout Month

Posted on December 5, 2012 by Eric Buck

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 →

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Higher end of the Summit market gets active

Posted on November 17, 2012 by Eric Buck

Transactions volumes ticked down slightly in September but a pick up at the higher end of the market generated the strongest monthly dollar sales since December of 2009.  There were a total of 158 transactions in the month down from … Continue reading →

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