Home sales in Knox County Ohio are on the rise and last month the Knox County Board of REALTORS MLS system reported a 5% increase in homes sales inside the county.  What is equally interesting is that there were 46 new listings added in January and a total of 311 homes listed within the county per the local MLS.  This is a positive sign and many experts believe we are headed towards a more stable housing market.  The FEDS recent announcement to not raise the FED rate adds to the good news for real estate and most businesses associated with the housing market. 

January 2012 was one of the most active Januarys for our real estate team since 2007.  Showing activity on our personal listings was way up over the showing activity in January 2011.  Not only did we receive more physical property showings on our listings but our virtual home showings from our KnoxCountyOhio.com website was up a significant amount.  Our KnoxCountyOhio.com real estate website experienced listing page views and traffic numbers that matched our 2nd single biggest month ever and the record months are usually recorded during the peak home selling season in the summer months.  The reason I am sharing this with you is because it confirms a trend that our local market activity is on the rise and I believe their is a high probability this trend will continue throughout 2012.        

Thinking of purchasing a home?  Home pricing is down and mortgage interest rates are at a 50 year low.