Jim Dvorovy, REALTOR® Canton Ohio Real Estate

At any one time, there are a few condominium units available in one of the most sought after areas, the Meyers Lake Village in Canton, Ohio.

The local MLS on Saturday, April 19th shows seven active listings for condominiums for sale. Prices range from a very affordable low of $92,500 through a high of $439,000. There is literally a condo for every budget and taste.

I have taken a few more pictures of various condos and their respective associations and will be posting them to my original Meyers Lake Village slide show.

You can view the slide show by clicking on the link:

http://activerain.com/blogsview/469284/Meyers-Lake-Village-Stark

I am always looking for nice people to work with! If you are thinking of either buying or selling a condominium at Meyers Lake Village, why not give me a call?

Thanks,

Best regards,

Jim

Cell 330-685-4615

Meyers Lake! What does living on or near the water at Meyers Lake feel like? One often heard comment is: "...living here at the lake is just like being on vacation year around!"

Thousands of local residents share that same feeling while living in Meyers Lake Village as well as the general area of Meyers Lake in Canton, Ohio.

Meyers Lake Village / Meyers Lake Preserve - A privately owned lake with a unique blend of condominiums. There are as many as eight condominium associations on or near the lake waterfront. Not all are represented with pictures in the slide show, an effort will be made to include the missing associations in the near future.

For more information about Meyers Lake Preserve, visit their official website at:

http://meyerslakepreserve.org/index.htm

For more information about available units, please give me a call!

Thanks,

Jim

Stark County, Ohio: Buyer's Market? or Seller's Market?

When looking at statistics for the last two quarters of 2007, average sales price decreased from the 3rd quarter to the 4th quarter. That is not too surprising, as that is what we are seeing as being true in many parts of our nation.

At the present ratio of houses on the market verses the number of houses sold during the last quarter, there is a six month supply of houses.

Since many factors are continuing to remain relatively stable, the local market here in Stark County would be categorized as being just off center in favor of buyers, enough so that it can be labeled a Buyer's Market.

Don't forget, all markets are local. Never hesitate to ask for more information if you are considering buying or selling in Stark County, Ohio. I would be more than glad to get together with you and take an in depth look at the market statistics for your neighborhood.

Thanks, and best regards.

I heard it on the radio, so it must be true, right? The National Association Of Realtors (NAR) is running a series of radio ads in order to increase the public's perception and awareness of how and why buyers and sellers benefit by using a member of the National Association Of Realtors. In and of itself, that is a noble cause, Lord knows we sure could use some help.

In order to bolster the idea that real estate is in fact one of the best investments we could make as a way to build wealth, one of the statements the NAR is making: "On average, the price of a home doubles every ten years." Another: "Over the past 30 years, home values has risen more than 6% annually".

I am sure the keepers of the data can probably support those statements with sales price data collected and presented as fact. For the nation as a whole those figures are probably accurate.

However, if you live in Ohio, and especially Stark County, please, PLEASE don't believe that statistic applies to our area. Data collected by the Ohio Association of Realtors (OAR) shows that the increase in Ohio for property value (average sales price) has only risen about 3% per year since 1998, or roughly half the rate that NAR has been citing. Officials at OAR are asking NAR to change the language in the radio ads so as not to mislead the general public in Ohio. Should they hear these misleading ads and believe those statistics apply to our own area, of course they would be misinformed. OAR in fact points out that there has actually been a decline in the average sales price for single family residences of 2.4% for the year 2007.

In actuality, average sale prices for Stark County are even lower than the 3% average for the State. I haven't tracked the data for the years 1998 and 1999, but for the period 2000 through 2007, only two of our 21 areas that make up Stark County have had an average annual price increase of greater than 3%. Those areas being Lake/Hartville/Uniontown and Tuslaw. Several or our areas are at a paltry 1% and even lower.

The real message is that real estate statistics are local in nature. Be sure to ask your Realtor about your particular neighborhood.

For those desiring a report on their area, please email me and I would be more than happy to provide the general trend for your area.