Wednesday, June 10, 2020

6410 Livia Lane Medina, OH 44256

Property Site: https://tour.corelistingmachine.com/home/LLYMKM/6410-Livia-Lane-Medina-OH-4194284
This sprawling custom colonial will not disappoint. Built in 2017 By Hansen Restoration and designed by Ora Designs this home shows true pride in ownership. When you enter this home you are welcomed by a 2 Story foyer with a cable railed staircase. This home is filled with upgrades and custom work! A stone column separates the dining and family room with stacked ledge-stone fireplace, windmill fan, and built-ins. It also has a double slider leading to the huge 31x20 patio in the rear yard for outdoor entertaining. This gourmet kitchen features a farmhouse sink, walk-in pantry and Stainless Steel appliances as well as Cambria quartz counters, a hand-built island, as well as, bar height custom concrete top table with seating for 8-10. This stunning table is crowned by a handmade light fixture that has been featured in Southern Living magazine! The first floor owners suite offers his and her walk-in closets, tray ceiling, barn doors, and private access to the patio. The master bath has marble floors, marble tile shower, and stand alone soaking tub. The first floor also has an office, laundry room, and a half bath. Upstairs you will find four large bedrooms, two full bathrooms and space for a bonus room. The 13-course basement is plumbed for a wet bar, and full bath. Hardwood flooring throughout. Much thought and consideration went into the construction and design of this practically new home. Honestly, there are just too many upgrades to mention!
Bedrooms: 5
Bathrooms: 4
Square feet: 3,250
Price: $595,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 6269714 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4194284

Thursday, May 14, 2020

4921 Tall Meadow Circle Seville, OH 44273

Property Site: http://tour.corelistingmachine.com/home/AQSR9R/4921-Tall-Meadow-Circle-Seville-OH-4187510
This home nestled in Sevilles Autumn Meadows subdivision. This 3 bedroom home offers single-floor living in a peaceful neighborhood. The home is in a great location with convenient access to I-71 and I-76. As you enter the front door, you are welcomed by a huge great room with vaulted ceilings showcasing a gas fireplace in the corner of the great room. All kitchen appliances are included and it has an abundance of counter space cabinets for storage as well as a closet pantry. Lawn care and snow removal are provided by the HOA. Relax on the fenced in rear patio. All bedrooms have vaulted or recessed ceilings. Master bath has window seat storage and a huge walk in closet! This is the only Cluster home in the community that has a 3 car garage!!! It also has a set of pull down steps that leads to additional attic storage over the garage.
Bedrooms: 3
Bathrooms: 2
Square feet: 1,522
Price: $244,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 6213568 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4187510

Monday, May 11, 2020

4898 Mandarin Drive Seville, OH 44273

Property Site: http://tour.corelistingmachine.com/home/JS2QF3/4898-Mandarin-Drive-Seville-OH-4187304
Are you looking for an open floor plan Ranch style home, in the perfect location? You will love the advantages of rural-suburban living, in the historical village of Seville with the benefit of easy access to I-71 and I-76 to Cleveland and Akron! Welcome to this inviting, 3-bedroom, 2-bath ranch with vaulted ceilings. As you enter the foyer, you are greeted by the Great Room and Kitchen that is accented with a beautiful gas fireplace. The Kitchen has Granite covered countertops and Island and stainless steel appliances that are included. Off the kitchen and leading to the 2-car garage is a nice sized laundry room with upper cabinets and utility sink. The spacious master bedroom has a private bath with jetted tub, stand up shower, separate sinks & a large walk in closet. There are two additional nicely sized bedrooms & another full bath on the other side of the home. The great room and Rec Room have been wired for surround sound and have built in speakers in the wall and ceiling. The Recreation room also has a Bar with Granite countertops, under counter refrigerator and has a sliding glass door that opens to the spacious deck and rear yard. The back yard has a cozy shed that matches the home and the newly built swing set is included! Windows are new throughout this home as well! This home surely shows a true pride in ownership and and the meticulous attention to detail???????????????????????? shows!
Bedrooms: 3
Bathrooms: 2
Square feet: 1,817
Price: $259,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 6203912 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4187304

Thursday, May 7, 2020

9218 Woodland Blue Drive Seville, OH 44273

Property Site: http://tour.corelistingmachine.com/home/NRFUTW/9218-Woodland-Blue-Drive-Seville-OH-4186532
This home reflects true pride in ownership. Current owners have meticulously maintained this recently-built home nestled in Sevilles Autumn Meadows subdivision. This home offers single-floor living in a peaceful neighborhood. The home includes many upgrades to the original floor plan and has convenient access to I-71 and I-76. As you enter the front door, you are welcomed by a huge great room with vaulted ceilings showcasing a gas fireplace on the rear wall. All kitchen appliances are included. The kitchen has an abundance of counter space and includes shaker white cabinets for storage as well as a closet pantry. The Swanstone kitchen sink with white beadboard backsplash is gorgeous. This home features Stunning COREtec luxury vinyl plank flooring throughout, Pella windows, premium blinds, Rubbermaid FastTrack shelving in all closets, comfort-height toilets, acrylic 1-piece tubs and showers, granite counters in baths, solid wood interior doors throughout, ceiling fans in bedrooms and great room, a large supply closet, linen closet, attic storage, and fully insulated garage. Lawn care and snow removal are provided by the HOA. Relax on the westward facing extended rear patio with a lovely pond and view of the fountain. The sunsets from this rear patio are breathtaking!
Bedrooms: 3
Bathrooms: 2
Square feet: 1,434
Price: $234,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 6196984 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4186532

Saturday, April 25, 2020

4904 Mandarin Drive Seville, OH 44273

Property Site: http://tour.corelistingmachine.com/home/T5NHEP/4904-Mandarin-Drive-Seville-OH-4183553
This is your opportunity to buy a home from the 2014 Medina County Parade of Homes. Built in 2014 it still shows like a model home. This home is full of upgrades. Tankless hot water tank and a water softening system This open floor plan home includes newer gray slate finish appliances, granite countertops, a double oven stove with five burners, a touchless kitchen sink faucet and a large island in the kitchen. There are walk in closets in all the bedrooms, not just the master, a built in sound system, beautiful stamped concrete on the front and back covered porches. Worried about storage space? This home has a huge bonus storage room above the garage (see pictures) that has a wood floor and is completely drywalled with a full set of steps. It also has a shed outside for additional storage as well.
Bedrooms: 3
Bathrooms: 2
Square feet: 1,628
Price: $232,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 6156507 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4183553

Wednesday, March 11, 2020

6021 Valley Quail Court Seville, OH 44273

Property Site: http://tour.corelistingmachine.com/home/K7W7MV/6021-Valley-Quail-Court-Seville-OH-4173535
Take a look at this 3 bedroom 2 full bath Ranch style home with 9 foot ceilings on the main floor. You are greeted inside the front door by an open floor plan. The Kitchen has beautiful cabinets with dovetail joints and slow close drawers and doors. Granite is not only in the kitchen but carries on to both full baths. The living room has a beautiful gas fireplace and walks out to an elevated deck that overlooks the rear yard and a pond. The Owners suite has a huge walk in closet and the Master bath features dual sinks and a stand up shower. You can walk down to the basement from an open staircase from the living room to a Huge unfinished basement. Due to the slope of the lot toward the rear, the builder was able to install large windows on the back wall. If this basement were to ever be finished in the future these windows would allow egress as well as permit a ton of natural light. The basement also has roughed in plumbing for a future bath as well. In the garage there is both hot and cold water, a side man door and a drain. This is a home that you do not want to miss!
Bedrooms: 3
Bathrooms: 2
Square feet: 1,692
Price: $275,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 6079318 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4173535

Saturday, November 16, 2019

5831 Deerview Lane Medina, OH 44256

Property Site: http://tour.corelistingmachine.com/home/DK53TJ/5831-Deerview-Lane-Medina-OH-4149772
Charming Ranch on over 2 acres within walking distance to Buckeye Woods Park. New Metal Roof on House. New Furnace and Hot Water Tank. Three bedrooms on the first floor, 1 Bedroom and Family Room with Full bath in walk-out Basement. Huge 2 level deck overlooks rear yard. Attached to the home is a two car garage but it also has an insulated Metal 36 x 40 pole building with concrete floor and a loft. This outbuilding has enough room to park 4 additional vehicles or possibly store a camper or RV!
Bedrooms: 4
Bathrooms: 2
Square feet: 1,944
Price: $189,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5900454 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4149772

Wednesday, October 16, 2019

708 Bank Street Lodi, OH 44254

Property Site: http://tour.circlepix.com/home/XR7SEE/708-Bank-Street-Lodi-OH-4140975
Front building is a blank slate. It is 1300 Square Feet with 2 drive in doors with a 10.5 ceiling height and room for possible lift. One is 8 x 8 and the other one is 10 x 10. This building has New Electrical, Roof, exterior paint, shutters, windows, doors, and Furnace and ductwork. Freshly sealed driveway and Awnings that are less than 4 years old. This property shows true pride in ownership and has been meticulously maintained. It is an ideal location for a small business such as vehicle maintenance or sales, Office and garage for a contractor, restaurant, or Office Building for many types of professions. It has available signage on a busy road. In addition to the front building is a fully operational self service car wash. The car wash has 4 bays and is approximately 2250 Square feet. It has Two vacuums, Radiant in floor heat to prevent freezing in the winter, and towel and air freshener machines. Financials available upon request. New owners have the opportunity to upgrade to credit card machines for carwash to increase sales substantially. In the past, it has been coin operated.
Bathrooms: 0.00
Square feet: 3,530
Price: $235,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5859810 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4140975

10292 Crawford Road Homerville, OH 44235

Property Site: http://tour.circlepix.com/home/V53EDV/10292-Crawford-Road-Homerville-OH-4139605
This 4 bedroom, 3 full bath Ranch style home sits back on 13 wooded acres with a pond. The home is owned by the original owners who built the home in 1977. They show true pride in ownership and have been very meticulous in maintaining the property. This sprawling ranch offers 3 bedrooms on the first floor including the Owners suite, master bath and walk in closet. The Huge eat in kitchen includes appliances and custom made cherry cabinets. Lots of counter space with an eat ledge, Island and room for a large kitchen table. The kitchen opens up into a family room with a brick wood burning fireplace and picture window that looks out over the rear patio and wooded property. In the front of the home is a huge formal living room adjacent to a formal dining room with hardwood floors. First floor laundry room is huge with cabinets and counters for folding and even enough room for an additional small desk. The walk-out basement is huge with multiple rooms. It is partially finished with a recreation room including pool table, additional bedroom and even has a set up for an in-law suite with kitchen. Outside the house is a Pole barn that can be heated with a wood stove and has room for parking up to 4 additional vehicles outside of the 2 car garage that is attached to the home. Also a large wooden shed gives additional storage for lawn and yard equipment. This property is spectacular and offers seclusion and privacy.
Bedrooms: 4
Bathrooms: 3
Square feet: 2,205
Price: $374,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5859807 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4139605

Tuesday, October 8, 2019

4173 Columbia Road Medina, OH 44256

Property Site: http://tour.circlepix.com/home/XACQBZ/4173-Columbia-Road-Medina-OH-4140220
This beautiful Colonial Farmhouse sits on 4 Acres and has two large barns. Free gas with the property! This home was completely remodeled in 2007 with new Insulation, Siding, Electric, Plumbing, Roof, Windows, Furnaces, A/C, Glass Block windows in basement and Drywall throughout. The barns are 30x80 and 30x60 and have water and electricity. One even has heat! First floor has a large room that can be used as a first floor master or an office and has an adjoining full bathroom. Huge Farm kitchen with Island and plenty of room for a large table. It also has new appliances, counters and cabinets. Step down into the 13x17 Sun Room or go upstairs where you will be greeted by bright open stairway and hallway leading to 4 large bedrooms which share a full bath. This property is located in Buckeye school district and is 4 miles from historic Medina square. It offers the setting and feel of being in the country but is just moments from Entertainment, and all the shopping and restaurants that Medina has to offer. Bonus feature: Instant hot water! This house is equipped with a recirculating pump so you dont have to wait for the water to get hot.
Bedrooms: 5
Bathrooms: 2
Square feet: 2,124
Price: $249,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5849752 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4140220

Saturday, August 10, 2019

4866 Windfall Road Medina, OH 44256

Property Site: http://tour.circlepix.com/home/JTFJTP/4866-Windfall-Road-Medina-OH-4123471
Location, Location, Location! This beautiful 4 bedroom Colonial is located between I-71 for quick access to Cleveland and I-77 for a quick commute to Akron. The home has been meticulously maintained and shows true pride in ownership. You are greeted by a front porch as you walk into stunning home. On the first floor you will find your Living Rm, Family Rm, Kitchen and Dining Rm along with a 1/2 bath. New carpet (2019) throughout the first and second floors. From here you can walk out onto a large elevated deck which is perfect for entertaining or to cool off in the above ground pool. New deck surface in 2019 The basement is also finished in this home and boasts a large recreation room. This one will not last long!
Bedrooms: 4
Bathrooms: 3
Square feet: 2,267
Price: $189,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5762622 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4123471

Tuesday, July 30, 2019

1170 Linden Avenue Akron, OH 44310

Property Site: http://tour.circlepix.com/home/NC5TMG/1170-Linden-Avenue-Akron-OH-4119215
Current owners showed true pride in ownership. This home is beautiful. Enjoy relaxing on the huge covered front porch hanging out in the beautifully landscaped back yard. The hardwood floors are absolutely gorgeous! Special features include recreation room with glass block windows and office in the partially finished basement. 1/2 bath off of kitchen, updated bath on second floor, roof on garage new 2018. Updated electric, 2 panel boxes, heavily insulated throughout. Extra large garage with new vinyl siding could have work area. Youve got to see this one, it is stunning!
Bedrooms: 4
Bathrooms: 2
Square feet: 1,605
Price: $120,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5742618 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4119215

Wednesday, July 10, 2019

6021 Valley Quail Court Seville, OH 44273

Property Site: http://tour.circlepix.com/home/X8YU8C/6021-Valley-Quail-Court-Seville-OH-4089640
This home will be complete and ready for move in by July 20th 2019!!! Own this Brand Spankin New Ranch home in Seville available for purchase. Covered front porch and covered rear elevated deck. Custom home built by Decor Design Construction. This is an excellent location with interstate access to both Cleveland and Akron. This well built 3 bedroom, 2 full bathroom home offers an open floor plan, The gourmet kitchen features custom cabinets, beautiful stainless steel appliances, and plenty of granite counter tops. 9 ft ceilings throughout. A must see home! Builder also has many other floor plans and lots to choose from.
Bedrooms: 3
Bathrooms: 2
Square feet: 1,692
Price: $275,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5707860 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4089640

Wednesday, June 5, 2019

142 Claremont Dr Brunswick, OH 44212

Property Site: http://tour.circlepix.com/home/GXS54C/142-Claremont-Dr-Brunswick-OH-4087026
Newly Renovated Colonial 4 bedroom home in Brunswick in the Holiday Hills Subdivision. This home is surrounded by mature trees and beautiful landscaping. Imagine sitting on the porch swing, sipping coffee on a porch that spans the front of this home. Inside you will find a Large Living room as well as another large Family room with a wood burning fireplace, both on the first floor. The Eat-in Kitchen has been remodeled top to bottom with new cabinets, counters, flooring and all new stainless steel appliances. Upstairs There are 4 bedrooms including an owners suite with Luxury bath and walk in closet. All Bathrooms have been completely remodeled as well. This home is in an HOA that offers the use of a pool and tennis courts with the monthly fee. The roof, soffits and gutters were all replaced in 2016. This home will not last, Call and schedule a showing today!
Bedrooms: 4
Bathrooms: 3
Square feet: 2,184
Price: $232,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5644015 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4087026

Tuesday, June 4, 2019

4067 North Jefferson St Medina, OH 44256

Property Site: http://tour.circlepix.com/home/4SBJZE/4067-North-Jefferson-St-Medina-OH-4089689
Motivated Sellers! This office condo has 3,200 SqFt. of space. Slab construction for easy access in both front and back doors. It has a total of 4 exam rooms with sinks, a receptionist area with waiting room. A lab and a doctors office. There is also a billing, support and break room and two restrooms. The space is an end unit with windows. One block from Pearl Rd that gets over 30,000 vehicles per day for high visibility. Approx. 167,000 residents within 10 mile radius. National retailers on surrounding parcels include: Home Depot, Five Guys, T Mobile, Bright Now Dental, Marshalls, Walmart, Hobby Lobby, Kohls, Petsmart, Pier 1 Imports, Panera Bread and more.
Bathrooms: 0.00
Price: $280,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5641542 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.BlaiseRosser.com


MLS ID: 4089689

Thursday, May 30, 2019

7494 Hunters Glen Ln Seville, OH 44273

Property Site: http://tour.circlepix.com/home/WASL4Z/7494-Hunters-Glen-Ln-Seville-OH-4086834
This Sprawling Ranch has views that you wont forget. The back deck and yard faces the rolling hills of the pastures of an Arabian Horse farm. Dining Room and Library/Den greet you on each side as you walk into a gorgeous foyer. Spacious Great Room with Wood Burning Fireplace and Vaulted Ceilings. 3 formal bedrooms on the main floor all with full baths and walk in closets. The spectacular kitchen is just one that you will have to see for yourself. The stunning granite rests upon handmade Amish cabinets and features custom appliances as well as a wine fridge, pot filler above stove and built in mixer that elevates to counter height for use! Butler pantry off kitchen has additional dishwasher and sink. All full baths have has heated floors. Master bath has stunning soaking tub and a shower that makes your jaw drop. Huge Bonus Room upstairs! 3 car garage and 9 foot ceilings in the basement that has a bilco door for walk out access. You could almost double the square footage by finishing this space if needed. This home is a stunner and was featured in the Medina County Parade of homes.
Bedrooms: 3
Bathrooms: 4
Square feet: 3,039
Price: $530,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5631472 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.MedinaSquare.com


MLS ID: 4086834

Wednesday, May 15, 2019

V/L Pearl & Hillview Rd Medina, OH 44256

Property Site: http://tour.circlepix.com/home/89Y2J2/V%2FL-Pearl-%26-Hillview-Rd-Medina-OH-4096420
Vacant Commercial land in the heart of Medina Shopping District located just minutes North of Historical Medina Square on the newly repaved and widen Pearl Rd! Over 13 acres located near the intersection of Pearl Rd and Hillview. Zoned for multi family, clusters, retail, business and more! Recent redevelopment on frontage includes private road access and cross easements with drainage already in place. Over 30,000 vehicles per day for high visibility. Approx. 167,000 residents within 10 mile radius. National retailers on surrounding parcels include: Home Depot, Five Guys, T Mobile, Bright Now Dental, Marshalls, Walmart, Hobby Lobby, Kohls, Petsmart, Pier 1 Imports, Panera Bread and more. This land is Zoned Commercial Vacant Land in Medina Twp, so No Income tax.
Bathrooms: 0.00
Price: $999,900

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5607015 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.MedinaSquare.com


MLS ID: 4096420

Tuesday, April 30, 2019

5804 Northampton Dr Medina, OH 44256

Property Site: http://tour.circlepix.com/home/3R63UC/5804-Northampton-Dr-Medina-OH-4087018
Beautiful 4 bedroom, 2 full and 2 half bath Colonial in Northampton Highland Estates on 3/4 of an acre. As you walk in to the foyer you are greeted by an open floor plan. A formal dining room with recessed ceilings can hold a a large table and enough seating for at least 8. Huge kitchen has an island that has room for stools and plenty of counter and cabinet space. A sun porch that walks out to a West facing multi level deck that overlooks the fenced in back yard. Home has a finished walkout basement with 1/2 bath, Family Room and Bar or workout room. Upstairs you will find the owners suite with vaulted ceilings and large owners bath along with 3 additional bedrooms and another full bath.
Bedrooms: 4
Bathrooms: 4
Square feet: 3,933
Price: $299,000

For more information about this property, please contact Blaise Rosser at 330-419-0420 or blaise.rosser@gmail.com. You can also text 5577817 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.MedinaSquare.com


MLS ID: 4087018

Thursday, January 14, 2010

The Perfect Storm (Real Estate)

Remember that movie that came out in 1991 that had a younger George Clooney and that guy from Marky Mark and the Funky Bunch? It was a great movie about a boat called the "Andrea Gail" and a group of commercial fisherman that went out for the season to earn a living. The Title of the movie "The Perfect Storm" comes from a weather phenomenon where a strong disturbance associated with a cold front moved along the U.S.-Canadian border through New England pretty much without incident. At the same time, a large high-pressure system was forecast to build over southeast Canada. When a low pressure system along the front moved into the Maritimes southeast of Nova Scotia, it began to intensify due to the cold dry air introduced from the north. These circumstances alone could have created a strong storm, but then, like throwing gasoline on a fire, a dying Hurricane Grace delivered immeasurable tropical energy to create the perfect storm.
Currently we are in the midst of "The Perfect Storm" in the real estate industry. Much like the strong disturbance cold front, we have a down economy. It started a few years ago when our Mortgage industry had huge fallout and many banks failed. We are currently in a time where unemployment is high and many people have been unable to keep up with their mortgage payments. This has caused us to have an overstock in foreclosures and homes for sale. We currently have about 11.7 months of homes in inventory in Northeastern Ohio. It has been as high as 15.4 months in the last year. By inventory we mean that if no more homes hit the market it would take 11.7 months to sell what is on the market. This "Overstock" of homes creates a buyer’s market because there are so many houses for a buyer to choose from and it also allows them to control the negotiations and price they are willing to pay.
Then we also have that low pressure system moving in as well, which would be low mortgage interest rates. Not only have home prices fell drastically over the last few years, we also have not seen a rise in interest rates. Low home prices with low interest rates make homes very affordable. It may be a little tougher to get qualified for a loan in this current situation due to tightened credit guidelines. Those who have a little money to put down and reasonably good credit, there could not be a better time to buy a home.
These circumstances alone, could have created a strong storm, but on top of these two real estate phenomenon’s, the government has offered a stimulus package where a home buyer tax credit is available for qualified purchases with a binding sales contract in place on or before April 30, 2010 and closed by June 30, 2010.The government is offering a tax credit that can even possibly be used on your 2009 tax returns. They offer $8000 for first time home buyers and $6500 for repeat home buyers. This is much like the dying "Hurricane Grace" mentioned above. It is like throwing gasoline on the fire!
If you are thinking of buying a home, storms like this, just like the storm in the movie only come along once in a lifetime. Just remember you will need to have a sales contract in by April 30th.
After taking a hiatus from the real estate business over the last two years, these current weather conditions have put the wind back in my sails. I have decided to join Keller Williams Realty in Medina Ohio. If you have any questions feel free to call me, Blaise Rosser at (330)419-0420.