Ohio just closed out it’s busiest year since 2005 in the housing market. Home purchases across the state are up 7.5 percent since last year, some 151,600 houses being sold. Solid price growth in the face of adversity paint an interesting picture for the Ohio housing market. Several conditions contributed to the increasing price growth and home sales; such as steady job creation and lower mortgage rates. However, as mortgage rates increased towards the end of 2016 the housing market mini-boom faced a potential threat. Another potential threat consisted of the lack of overall supply of homes in the area. With the buyer market stronger than ever, a shortage of homes to sell hindered the overall growth of the market. However, despite all this, Ohio still ended the year on their strongest note for quite some time. The average home listing in Ohio last month was $159,531, an increase of 4.8 percent from late 2015.
Tammy Mazzocco began her real-estate career as a secretary with The Edwards Realty Company. She has since held positions as a condominium manager at Scotland Yard, a Property manager for T&R Properties and personal assistant for Joe Armeni. View her full profile on ideamensch.com.
Working with Joe provided Tammy with the experience of seeing the day-to-day operations of a highly-successful real-estate agent. This inspired Tammy to pursue real estate full-time in 1999. Currently, Tammy focuses on utilizing her extensive experience in the real estate industry to provide the best possible experience for her clients. She currently focuses on selling residential properties in Licking, Franklin, Delaware and Fairfield counties in Central Ohio.