Knox County Ohio Real Estate Information Archive

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Mount Vernon Ohio HUD Homes

Monday, November 22, 2010

by Sam Miller

Bank owned listings and HUD homes seem to be gaining popularity from buyers here in Knox County Ohio. There has been an increase in purchase offers and home sales during the past couple of weeks relating to repossessions, HUD homes and other homes of exceptional value. What is very interesting is that the majority of the recent sales have been sold to owner occupied buyers...meaning the buyers are going to fix up these homes and live in them. This is a significant transition because repossessions have been a real hot spot for the investor market. A key factor to this shift is that many 1st time home buyers can afford to buy a repo and put a little money into it and they can still have a monthly payment that's cheaper than paying rent.

Currently there are 3 available HUD homes in Mount Vernon available for electronic bid.

510 West Gambier Street is $63,000
118 Ringold Street is $58,000
40 Columbus Road is $22,000

Mount Vernon Ohio HUD Homes

If you are interested in seeing inside of any HUD or bank owned home please call us at (740) 397-7800 or you can send us an email at samsells@sammiller.com. We can generally get you inside any HUD or bank owned home quickly because they are typically vacant and on a lockbox. If you are also interested in viewing our other bank owned listings visit: Knox County Ohio Bank Owned Homes.

Thanks for your interest!

Sam Miller

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Marketing Your Home While You Sleep

Sunday, November 21, 2010

by Sam Miller

Sam Miller Real Estate Sign Comparison

Imagine the top photo was taken of your home while it's for sale with a real estate agent. As you can see from the top photo...when a buyer drives by your home at night they won't have a clue your home is for sale. Now consider that roughly 30 percent of all home buyers contact a real estate professional because of the real estate sign and you can see the obstacle that having an invisible real estate sign creates. Daylight savings time just kicked in this month so it's dark when most people are driving to work and it's already dark before 5 p.m. so most people are also driving home in the dark. Most people who work during the day will never notice your home during their commute to and from work. Assuming they work 5 days a week...you agent has lost over 70% of your signs effectiveness. Remember, nobody can see your sign in the dark even with the headlights pointing straight at it from only 100 yards away. As you can see in the photo...your signage is no longer an effective means of marketing your home after dark...or is it?

The photo below is of my real estate sign with the headlights pointing at my sign from the same 100 yards away. I don't need to sell you on the advantage of the additional exposure my real estate signs create because as you can see from the two photos the difference is like night and day. You would think that most real estate agents would invest in special reflective real estate signs like mine. The reality is that a VERY low percentage of agents invest in their own real estate signs. Most traditional real estate brokerages provide their agents with a basic company real estate sign and by basic sign I mean a "non reflective" real estate sign. Special reflective real estate signs definitely cost more money but at an added cost of less than $30 more per sign I think it is one of the best investments I can make. If I can spend an extra $30 per sign and potentially double the marketing exposure of your home it sure seems like a wise investment to me.

I'm Sam Miller and I want to be your Knox County Ohio real estate agent.

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Sam Miller Effective Marketing Reflective Real Estate Signs Marketing Knox County Ohio Real Estate

Apple Valley Lake Homes Sales Report

Monday, November 8, 2010

by Sam Miller

During the month of October there were 7 home sales at the Apple Valley Lake in Knox County Ohio. The lowest priced home at the Apple Valley Lake sold for $106,500 and the highest priced home sold for $287,500. The average sales price for October at the Apple Valley Lake was $162,557. To give you a comparison I ran a report for October of 2009 and last year for the same period there were 11 sales at the Apple Valley Lake. What this means is that there were 36% fewer home sales at the Apple Valley Lake in 2010 as compared to 2009. This shift in homes sales at Apple Valley Ohio are certainly understandable because in a tighter economy 2nd homes / vacation homes are not a requirements for everyday life. As the economy strengthens and as the Spring housing market arrives I am confident we will see an increase in buying activity at both the Apple Valley lake and also in all of the communities in and around Knox County.

View our available homes at the Apple Valley Lake in Knox County Ohio

Apple Valley Lake photo by Sam Miller