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Dayton Area 2008 Real Estate Update at a Glance
The numbers are in for 2008 and though they're not as dismal as the media would have you believe, they are not too good if you are trying to sell your home. However, these number are great if you are in the market to buy OR if you're savvy enough to trade up with these great interest rates and low low prices on the upper eschelon homes. Let's get to the nitty gritty:
In 2008 - the average home price fell 21% and the number of sales fell close to 16%, according to the Dayton Area Board of Realtors.
That's it in a nutshell, and that is for the entire Dayton market. Each market varies so keep that in mind as you interpret those bottom line numbers. I will be posting updates for individual communities such as Springboro, Centerville, Kettering, and Beavercreek, and those numbers will be in greater detail in order to keep you up to date and highly informed. Either way, keep in mind that we're all going to make it through this and we'll all be leaner and hopefully not meaner. Bottom line is this is the time to buy. Don't get caught behind a sudden spike in interest rates to curb inflation or to "stabilize" our economy. Remember, a lean mean Federal government and a fat happy local government equals better real estate values and appreciation.
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Know Someone that is Faced with Foreclosure...
Foreclosure... Past Due Mortgage Payments...Poor Luck Selling their home... Losing their Job.
An Alternate Solution to Selling your Home.
The prospect of foreclosure is far too familiar for many average Americans today. If you or someone you know is in this position, a short sale might be the best answer for your family. Call me today and I can help you sort through options.
Teresa Tiderington, Realtor
Touching Lives…one family at a time.
(937) 339-3091
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So many times I see problems that the homeowner or agent doesn't see and then have to convince them that it is a problem. Many of these are not threatening the structure of the home or other major system, but like the one below over time could develope into a serious problem.
There is evidence of a previous leak around the base of the commode and it has been caulked (Almost matched the color). Even though this procedure stopped the leak onto the bath floor, it did not stop the leak. So where does the dirty water go? This is the question that I put to the agent who denied that there was a problem at all.
Jack Gilleland
Clayton Ohio
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Dayton Power and Light (DP&L) is holding a drawing for Dayton, Ohio residents to win energy efficiency improvements for their home. The drawing will take place on Wednesday, December 17 and must be entered by December 15. DP&L will work with the home owner to provide energy saving opportunities. All enhancements to the home will be completely free - a great reason to go green! The improvements may include: new caulking around the windows, more efficient lighting provided, air conditioning tune-ups, or an entire replacement of the heating and air conditioning systems.

For more information on the Dayton Drawing, visit http://www.cityofdayton.org/cmo/Documents/DPLform.pdf
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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Real Living Open Houses
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Two terrific festivals take place in the Greater Dayton, Ohio area this weekend that should be placed on the "to do" list!
Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
Christina.Asad@RealLiving.com
http://www.teamedwards.info/
mobile or text 937-205-4741 office 937-573-0082
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation
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