Tag Archives: summit county

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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August sees blowout numbers

Posted on October 8, 2013 by Eric Buck

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

Posted on August 4, 2013 by Eric Buck

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

Posted on July 3, 2013 by Eric Buck

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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April Summit County real estate shows another strong gain.

Posted on May 23, 2013 by Eric Buck

April Summit County real estate sales showed another strong month with double digit increases in both volume and dollars. Total transactions rose to 134 or a 19% gain over the year ago period and showed the seventh consecutive month with … 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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Sales volume continues to rise in Summit County

Posted on April 8, 2013 by Eric Buck

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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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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