Sadie’s Take on Delaware Ohio

Last week was a slow one in Delaware, and we blamed it on the Fair and such. Well this week wasn’t a lot better … have to come up with a new excuse.

Status
Properties
Ft2
Bedrooms
Baths
List Price
Sales Price
Days

Active
315
1,811
3
1.1
$184,170
–
111

Sold
6
1,463
3
1.1
$159,425
$155,948
45

Under Contract
2
2,436
3
1.1
$234,000
–
199

Withdrawn
3
1,968
3
2.1
$211,166
–
292

I think we are just seeing the “response” to the slow-market working its way through the chain. It took buyers [...]

Popularity: 9% [?]

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Yesterday, I talked about choosing a buyer’s agent based on a call Toby took while on floor-duty.
I received an interesting question from Janice:
“Thanks for the advice, but what should I be asking in this interview?”
That’s a great question Janice!
A buyer’s agent should be able to do four things for you:
1. Find You a Home
2. Negotiate [...]

Popularity: 9% [?]

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I was on floor duty this morning and took a call from an interesting young lady. She is very intelligent and well-spoken, but the way she isgoing about purchasing her home is going to lead to bad feelings.
But it isn’t her fault, she was doing what she thought she needed to do — especially on [...]

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It had been a while since I walked through the M/I development off Houk Road behind the “new” Kroger on the west side.
This morning, I took my walk with Toby and it was pretty exciting to hear the sounds of construction. At least three new frames were being built in the development.
Of course, it is [...]

Popularity: 9% [?]

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Received Building Bridges, the newsletter by the Delaware County Engineer, today and it has even more proof that the Delaware, Ohio market is slowing down.

Year
Subdivisions
Lots
Roads

2001
87
2,253
15.13

2002
62
1,516
28.21

2003
63
1,590
14.02

2004
37
860
9.73

2005
42
664
17.01

2006 (thru 8/1)
20
271
5.6

Pro-rate 2006 through the end of the year and you are looking at…
Number of Subdivisions: 34
Number of Lots: 464
Number of Miles of New Roads: 9.59The number of lots is [...]

Popularity: 8% [?]

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Carnival of Real Estate No. 11 was posted this morning on The Matrix.
What is the Real Estate Carnival? Read here
Popularity: 9% [?]

Popularity: 9% [?]

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Entering into a career in real estate, they quickly tell you it could be six months before you see your first check. Well for Toby, that happened this afternoon — after less than two months! Thank goodness, the rumor around the house was that I was going to have to start eating cat food (yuck!)
He [...]

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“Information is cheap, don’t be cheap”
It is one of Toby’s favorite statements as he is building his real estate business. And, today word came out on the Zillow Blog that continues to make information cheaper.
For those that aren’t aware, Zillow is a site that is working to build a database that will allow people [...]

Popularity: 8% [?]

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The week of September 16 through September 22, was a slow one in the City of Delaware. Only three homes sold this week, while 37 homes went into contract (either under contract or contingent). A break down…

Type
No.
List$
Sold$
Ft2
Bed
Bath
DOM

Active
307
$183,890
–
1,813
3
1.1
112

Sold
3
$130,600
$128,300
1,248
2
2.1
329

Under Contract
1
$207,500
–
2,425
4
2.1
93

Contingent
29
$177,634
–
1,777
3
1.1
68

Contingent/Escape
7
$180,114
–
1,660
2
1.1
244

Withdrawn
5
$182,800
–
1,961
3
2.1
88

What does this table mean?
Top Line - Type of home are defined below, No. is how many of [...]

Popularity: 9% [?]

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The third Thursday of September in Delaware, Ohio is a self-proclaimed holiday.

Don’t try to visit the bank, they close at noon.
Want to buy a house, good luck.
What is this self-proclaimed holiday? The Little Brown Jug.
While I was but a month old last year, Toby and Gretchen have been quick to share their experiences with the [...]

Popularity: 10% [?]

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