Jim Beatty's Toledo Area Real Estate Blog

This is my first attempt at blogging with Active Rain. I've seen several other agent's active rain profiles from time to time and finally found the time to sit down and get started. (it helps that it's only 16 degrees out and I only ventured out of the cave for a few minutes today!)

I'm not sure yet how active rain works, but I'm interested in networking with other Realtors as well as lenders and hope to find some additional buyers and sellers to work with!

The Toledo market, like many others, seems to have a large percentage of foreclosure properties available right now (typically, I can find over 150 single family homes listed under 20k and some weeks nearly 200!). I'm having pretty good luck working with some of the re-habbers and other buyers looking for bargain properties.

It's not unusual to find homes in $75-80,000 neighborhoods listed for less than $25,000! And unlike what you hear on the news, I'm finding that there is some pretty stiff competition amongst buyers on some of these properties and that they are being snapped up pretty quickly!

Low rates and low prices should help stimulate the economy! Toledo already has plenty of development in the pipeline, for example The Marina District, The New Sports Arena, re-development of Southwick Mall, the Riverwalk Project and many others. The Downtown and East Side of the River are going to be great destination spots and many other areas of the City are developing new housing and redeveloping formerly blighted areas. If we can get some jobs coming back to the area, we should take off pretty nicely!

Anyone who would like to buy or sell properties in and around Toledo, please contact me! I'll look forward to hearing from you. You can also visit my website at www.realtorjimbeatty.com