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BRECKSVILLE MARKET REPORT 2007 VS.2008 FINAL NUMBERS

Greetings,

There is no question that it has been a challenging year in real estate, and 2009 will be plagued with many of the same problems i.e. short sales, foreclosures, financing difficulties , and appraisals that fall short of the purchase price, BUT HOMES DID SELL IN 2008 AND THEY WILL SELL IN 2009.

Sellers must make pricing their home CORRECTLY a top priority. In 2008, we saw asking prices vary widely as it was difficult for many sellers to accept the downturn in the market. THE HOMES THAT SOLD WERE THE ONES WITH REALISTIC PRICES. THE FACTS THAT MATTER WHEN PRICING YOUR HOME ARE THE SELLING PRICES OF OTHER HOMES IN YOUR AREA, followed by condition and location.

Below is a chart that shows the CLOSED sales for the time frame stated. Throughout most of 2008, there were fewer sales than in 2007. I believe this is due to the mortgage belts tightening, buyers fearful of buying because of job uncertainty, rising unemployment,  and sellers staying put instead of downsizing or upsizing, just to name a few reasons.

FIND OUT WHAT IS HAPPENING IN THE CITY OF BRECKSVILLE, FROM THE CITY'S FINANCE DEPARTMENT TO BUILDINGS AND GROUNDS, SNOW PLOW POLICY, FALL AND WINTER YOUTH SPORTS, AND MUCH MORE.

THE BRECKSVILLE-BROADVIEW HEIGHTS SCHOOL SYSTEM RECENTLY RECEIVED THE "EXCELLENT WITH DISTINCTION" AWARD, AND WAS NAMED A BLUE RIBBON HIGH SCHOOL, ONE OF ONLY 38 HIGH SCHOOLS IN THE COUNTRY LAST YEAR TO RECEIVE THIS PRESTIGIOUS AWARD.

IF YOU ARE CONSIDERING EMPLOYMENT IN BRECKSVILLE YOU WILL WANT TO KNOW MORE ABOUT BRECKSVILLE'S CITY INCOME TAXES.

TO FIND OUT WHAT YOUR HOME IS WORTH, CONTACT BARB SZABO. I WILL BE HAPPY TO ASSIST YOU.

Regards,

Barb

Posted: Sunday, January 04, 2009 8:50 PM by Barb Szabo

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