Dayton, OH

Congressman Michael R. Turner spoke publicly today with the Northeast-Midwest Institute about the impact of the national housing crisis in the Dayton, Ohio area.

"Over 6,000 foreclosures were reported across Ohio's Third Congressional District in 2008. This represents a three-fold increase from a decade ago. Each of these foreclosures symbolizes a family, a neighbor, or a friend who have lost their home. There's no question that mortgage foreclosures have played a major role in destabilizing the foundation of our economy," Turner said. "The influx of toxic mortgage loans and economic destabilization has led to increasing home foreclosures, home abandonment, and falling housing prices throughout the country. The Dayton area has been particularly negatively impacted by this crisis. It is my hope that this discussion will generate ideas for further federal policies to help address this issue."

Although the Dayton Ohio housing crisis and foreclosures have increased over the last decade, recent home sale prices have drastically increased over the past 3 months. The July Real Estate Market Report in Ohio for single family, residential homes in Montgomery, Greene, and Warren counties near Wright Patterson Air Force Base shows rock bottom is a thing of the past. In July 2009 versus June 2009, the average sale price/listing price remained at 95%. The Real Living Realty average is higher, netting more money for the sellers represented (98%). The average days on market in June 2009 was 132, which is 47 days slower than the Real Living Realty average days on market (85). It is a great time to buy an investment property in the Dayton Ohio area!

About the Author...
This Dayton Ohio Housing Crisis article was provided by Christina Asad Edwards, a Nationally recognized Realtor and Residential Relocation Specialist. Christina can be reached via email at Christina.Asad@RealLiving.com or by cell phone or text message at 937-205-4741. Christina has helped thousands of people move in and out of the Dayton Ohio area and other Southwest Ohio towns. For Ohio real estate and homes see Dayton Ohio Real Estate.

Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at the MLS Property Finder Site.

Servicing the following towns and counties in Southwest OH: Beavercreek, Bellbrook, Centerville, Dayton, Greene, Fairborn, Kettering, Miamisburg, Montgomery, Oakwood, Springboro, Warren, and West Carrollton OH.

Click here to view Christina Asad Edwards' Real Estate Profile

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Eat local in Downtown Dayton, Ohio at the Second Street Market, located at 600 E. 2^nd Street near the Webster-Second Street intersection. What's summer without a stop at a local farm market? What's a better place than right in the heart of Dayton, Ohio where 40 merchants are selling goods? The market features apples to zucchini and everything in between. The market also offers fresh cut flowers for sale, meats, eggs, unique wines, chocolates, pastries, and home decor. The Downtown Dayton local market operates in an historic block-long former 1917 B&O railroad building. It was saved from demolition and renovated in 2001 in partnership with National City Bank. The market is open Thursday and Friday from 11am - 3pm and Saturday from 8am - 3pm.

About the Author...
This Dayton Ohio article was provided by Christina Asad Edwards, a Nationally recognized Realtor and Residential Relocation Specialist. Christina can be reached via email at Christina.Asad@RealLiving.com or by cell phone or text message at 937-205-4741. Christina has helped thousands of people move in and out of the Dayton Ohio area and other Southwest Ohio towns. For Ohio real estate and homes see Dayton Ohio Real Estate.

Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at the MLS Property Finder Site.

Servicing the following towns and counties in Southwest OH: Beavercreek, Bellbrook, Centerville, Dayton, Greene, Fairborn, Kettering, Miamisburg, Montgomery, Oakwood, Springboro, Warren, and West Carrollton OH.

Click here to view Christina Asad Edwards' Real Estate Profile

Bookmark this Blog and Share It!

Buy now - prices are increasing! The July Real Estate Market Report in Ohio for single family, residential homes in Montgomery, Greene, and Warren counties near Wright Patterson Air Force Base shows rock bottom is a thing of the past. In July 2009 versus June 2009, the average sale price/listing price remained at 95%. The Real Living Realty average is higher, netting more money for the sellers represented (98%). The average days on market in June 2009 was 132, which is 47 days slower than the Real Living Realty average days on market (85). It is a great time to buy an investment property in the Dayton area!

JUNE 2009

• Homes Sold - 806
• Average Bedrooms - 3
• Average Square Footage - 1,795
• Average Listing Price - $145,653
• Average Selling Price - $138,971 (95% sale price/listing price)
• Average Days on Market - 135
• Homes Sold Price Range $3,100 (Upper Riverdale) - $1,335,000 (Mason-King-Miami SD)

JULY 2009

• Homes Sold - 767
• Average Bedrooms - 3
• Average Square Footage - 1,842
• Average Listing Price - $153,893
• Average Selling Price - $145,802 (95% sale price/listing price)
• Average Days on Market - 132
• Homes Sold Price Range $3,250 (Westwood) - $1,200,000 (Mason-King-Miami SD)

For more information on the real estate market in the Dayton, Ohio area and buying or selling contact Christina today!

Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
Christina.Asad@RealLiving.com
www.DaytonOhioHouse.com
mobile or text 937-205-4741 office 937-573-0082
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation

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Dayton Ohio Area Event on Saturday!

WHAT: The Great American Beer Tasting, Music, and Cornhole

WHERE: Dayton Dragons Fifth Third Field, 220 N. Patterson Blvd. Dayton, Ohio

WHEN: 2 to 6 p.m. Saturday, Aug. 8

Guests at the Great American Beer Tasting Dayton Ohio Area Event can try an assortment of over 60 beers, from Budweiser to Asian varieties. One $30 ticket includes 20 four-ounce samples, a souvenir sampling glass, and one raffle ticket. The band 24Seven will perform on the first base dugout, and cornhole games and a tennis ball toss will take place out in the field. Designated drivers need not miss out on all the event action: $5 tickets include four nonalcoholic samples, a souvenir sampling glass, one raffle ticket, and one entry in the tennis ball toss.

FREE parking is available around the stadium.

MORE INFO: http://web.minorleaguebaseball.com/community/page.jsp?ymd=20081208&content_id=485808&vkey=community_t459&fext=.jsp&sid=t459

About the Author...
This Dayton Ohio Area Event was provided by Christina Asad Edwards, a Nationally recognized Realtor and Residential Relocation Specialist. Christina can be reached via email at Christina.Asad@RealLiving.com or by cell phone or text message at 937-205-4741. Christina has helped thousands of people move in and out of the Dayton Ohio area and other Southwest Ohio towns. For Ohio real estate and homes see Dayton Ohio Real Estate.

Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at the MLS Property Finder Site.

Servicing the following towns and counties in Southwest OH: Beavercreek, Bellbrook, Centerville, Dayton, Greene, Fairborn, Kettering, Miamisburg, Montgomery, Oakwood, Springboro, Warren, and West Carrollton OH.

Click here to view Christina Asad Edwards' Real Estate Profile

Bookmark this Blog and Share It!

Source: Dayton Area Board of Realtors

Home sales reported to the Dayton Area Board of REALTORS'® MLS for the month of May increased by 30 units over April's total to 853. Although still down by 22.6% in year-over year comparison with May of 2008, this activity marks the fifth straight month of increases in sales from the previous month.

The total dollar volume for the month reached $107.8 million, which translates into an average sale price of $126,462 and a median of $110,000, declines of 5.79% and 4.34%, respectively, compared to the same month a year ago. Though still down from last year, both the average and median have been steadily climbing since February of this year.

For the year-to-date, 3,712 single-family properties have sold, compared to 4,507 during the same period in 2008, a decline of 17.64%. This activity has generated an average sale price of $111,148, a drop-off of 10.8% compared to the average price of $124,710 through May of last year. The median sale price for the period this year is $90,000, compared to $107,000 last year, a 15.9% decline.

Single-family listings entered into the database during May reached 2,055, down 26.5% compared to the same period a year earlier. Year-to-date 9,590 listings have been added, compared to 12,527 through May in 2008, a decline of 23.4%.

The overall available MLS inventory, which has also risen slowly each month this year, stood at 8,922 at the end of May's reporting period. This represents a 10.4 month's supply of single-family listings based on May's pace of sales. This marks a slight decline from April's supply of 10.7 months, thanks to an increase in the sales pace. Last year at the same time, the inventory stood at 10,283 listings and the supply was at 9.33-months.

Statistics compiled by John Junker, MLS Data Specialist