Category: Ohio

Ohio housing market

Sun Belt Leads in Foreclosures

Four of the most populated sun belt states account for the highest foreclosure rates in the nation, according to the RealtyTrac mid-year foreclosure market report. California, Florida, Nevada and Arizona urban areas produced 35 of the 50 highest foreclosure rates among metro areas. The report was tabulated from metro areas with populations of at least… Continue reading Sun Belt Leads in Foreclosures

2018 Ohio Real Estate Market Predictions

Perhaps surprisingly, Ohio is the country’s 7th most populous state, and the 10th most densely populated state in the country. Its scenic rolling hills and idyllic farms mask that it has bustling cities, booming suburbs, and a lot of people. For those who thought Ohio was simply a land of farms in sprawling interstate, there are a few… Continue reading 2018 Ohio Real Estate Market Predictions

2015 Ohio Housing Market Predictions

Find out what the future holds for Ohio in our newest housing market predictions

The Ohio Housing Market has seen an increase of 1.7% in the past year and the good news seems to be here to stay: according to the Zillow 2015 housing market predictions, it will continue to rise by 2.6% in the time interval from May 2015 to May 2016. Investors looking at the current Ohio… Continue reading 2015 Ohio Housing Market Predictions

Foreclosures Rise 18%

The epidemic of foreclosures is rising, according to newly released figures from RealtyTrac, despite a slight slowdown in activity during the month of May. Year over year foreclosures rose 18%. Foreclosure filings, including default notices, scheduled auctions and bank repossessions were reported on 321,480 properties during the month, a decrease of 6% from April. The… Continue reading Foreclosures Rise 18%

2013 Ohio Housing Market

Ohio´s 2013 real estate outlook depends on the type of real estate being discussed, according to the Columbus chapter of the Urban Land Institute. A recent report from the organization indicated that Central Ohio´s market should grow in general through 2013. However, “it varies by sector,” said Jung Kim, Programs Committee Co-Chair at ULI Columbus.… Continue reading 2013 Ohio Housing Market

National Real Estate Prices Forecast to Deflate Further

Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country. Home prices nationally will deflate an average of more than 8% in 2008, according to the Housing Predictor forecast. The real estate crisis, triggered by an over supply of new creative financing programs and… Continue reading National Real Estate Prices Forecast to Deflate Further

Best Housing Markets in 2010

*Note: To access the latest “Best 25 Markets” select Top 25 Markets from the menu on the left. More housing markets are forecast to experience appreciation in 2010 as the nation’s real estate markets move closer to stabilization. The Best 25 Housing Markets named annually by Housing Predictor hold the strongest likelihood of housing inflation… Continue reading Best Housing Markets in 2010

Declining Foreclosures Bring Better Times

By Mike Colpitts Foreclosure activity declined 25% in the nation’s most populated state, California from one year ago in July, but the Golden State holds the distinction of having more foreclosures than any other. In fact the two highest foreclosure states, which are California and Arizona, are down in foreclosure filings. Nevada, which had been… Continue reading Declining Foreclosures Bring Better Times

Foreclosures Jump Resumes After Robo-Signing Slowdown

By Mike Colpitts Foreclosure starts rose for the first time in more than two years in May, signaling a resumption of formal bank repossessions of homes with mortgages in default after months of slower foreclosures. Initial filings were lodged against 205,990 U.S. residential properties, according to RealtyTrac. The increase accounted for a 9% hike in… Continue reading Foreclosures Jump Resumes After Robo-Signing Slowdown