YOUNGSTOWN, Ohio (WYTV) – Some good news here in the Valley: The housing market is making a big rebound.
Things have been improving for a while. But now, Realtors say it’s the best it’s been in decades, with homes flying off the shelves in a matter of days.
Bob and Cheryl Wagner spent today doing something they never dreamed they’d be doing so soon: Packing up their home.
“We talked to our realtor on Tuesday. And we listed it on Wednesday,” Bob Wagner said. “We had two offers and sold it on Thursday.”
Something that was unheard of a couple of years ago is now becoming commonplace here in the Mahoning Valley.
“(Homes) are lasting two days, five days, ten days,” Karen Ament with Burgan Realty said. “There are hundreds of houses that have lasted less than sixty days in Mahoning County.”
Ament said the market is the best she’s ever seen it. Low interest rates, the improving economy, and more job security are making for a good climate for sales.
“It’s just unbelievable, it’s amazing, things are flying off the shelves like it was in the 90s,” Ament said.
She says when real estate is booming, buyers have to come in with a different mindset.
“Put your best foot forward with that offer. You’ve gotta come in strong, because if not, you have a chance to lose it,” Ament said.
That means being pre-approved for your loan well ahead of time and making sure you move quickly if you find something you like.
If you’re thinking of selling, now may be the time.
“If you’re thinking about moving, definitely get your house on the market, because we’ve got buyers ready to go,” Ament said.
Bob and Cheryl say, if you’re getting your house ready to sell, think about what you’d like in a home.
“Make sure all the small stuff is out of the way so that the people coming to look at your house are really looking at the home and not the objects that are cluttering or around the house,” Bob Wagner said.
And be prepared for it to sell fast. The Wagners aren’t moving far and will be staying in the Valley.
But now, the clock is ticking.
“We’re still kind of numb to it all,” Bob Wagner said. “Trying to get it all done as quickly as we can and keep it organized.”