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Ohio House Prices have Appreciated almost 170% since 1980!

Ohio real estate sales were ranked 42nd out of all 50 US states in home price appreciation in 2007!. Since the 1980s prices have appreciated in Ohio by almost 170%! Some of the cities that gained attention for their real estate values in Ohio are Akron, Canton, and Massillon. The Office of Federal Housing Enterprise Oversight (OFHEO) produced an 88 page reports that says Ohio real estate sales were number 42 in the list of states that had "...positive four-quarter appreciation" in 2007...". The report has lots of positive information, but it hasn't been widely publicized. The list of states and their ranking by appreciation over 2007 starts on page 25 of the .pdf report. It seems that Ohio can still grow, because here are Ohio cities and towns that have had price appreciation in 2007!

80% of the United States had POSITIVE appreciation in 2007 according to the chart page 25 and 26 of the report.  And, of the 121 cities monitored in the report, 65% of US cities had appreciation.  Too bad these statistics aren't being widely reported.  This report uses a few different set of statistics to show different aspects of the housing market.

United States real estate still provides one of the best available forms of investment for people looking to grow wealth over the long run. Real Estate professionals should be using blogging, newslettering, pressreleasing, emailing, and any other useful method to get this positive news out!

The report can be found at:  http://www.ofheo.gov/media/pdf/4q07hpi.pdf

Happy Selling and Listing!

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Other OH cities
Cincinnati
Cleveland
Elyria
Mentor
Columbus
Dayton
Lima
Mansfield
Springfield
Toledo
Youngstown
Warren
Boardman
Sandusky

This entry is also posted in the Positive Real Estate News Group! YOU should join it!

Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup  Skype: heath.coker

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James Heath Coker | Create Your Badge

Comments

Thank you Heath for helping me here in little ol' Akron, Ohio. I have to get to a showing but will be checking the links later that you so graciously posted. I would like to come back then and comment more fully. Thank you!

Posted by David M. Childress, I would love to be your Realtor® in Akron Ohio! (Howard Hanna Real Estate Services) over 11 years ago

You're welcome. The OFHEO provides some good generic data.

Posted by Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Robert Paul Properties Falmouth MA (http://www.CapeGroup.com & http://www.REindex.com) over 10 years ago

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