Ohio’s Booming Housing Market
In 2016 the state of Ohio’s housing market had its best showing since 2005. The sales of single family home was almost 151,600 which was up 7.5% from 2015. The President of the Ohio Association of Realtors, Pete Kopf, remarked that it was a noteworthy year of record sales and increasing home values. The average home sold for $159,531 which was up over 2015 by 4.8%.
The concerns going into 2017 include a supply shortage of new and existing homes as well as the growth in home prices. These issues likely led to December sales experiencing a slowdown from the rest of the year. However, there are expectations that job growth coupled with low mortgage rates will translate into another solid year of sales. The Chief Economist of Redfin, Hela Richardson, said that buyers are out in force but there aren’t enough houses on the market to satisfy demand. Until there are more available homes for sale there will still be market challenges.
One of the real estate professionals working with these issues is ReMax Associate Tammy Mazzocco, see http://www.whitepages.com/name/Tammy-Mazzocco. Mazzocco, started in the real estate industry in 1995 with The Edwards Realty Company where she worked as a secretary. She went on to manage a condominium complex before acquiring her real estate agent license in 1995 and it became her full-time career in 1999. She began working at Judy Gang & Associates in 2000 and has had a successful career helping owners buy and sell their homes. Tammy Mazzocco sells properties throughout Central Ohio including Delaware, Fairfield, Franklin, and Licking counties. More information available on her Trulia profile page.
In an interview on Tammy Mazzocco featured at tammymazz.com, she talks about the positives and negatives of a career in real estate. One of the things that Tammy Mazzocco really enjoys is helping clients find the perfect house for them, however, the hard part of the job is prospecting and cold calling.