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Home sales reach 10 year high in Northeast Ohio

Posted at 7:36 PM, Feb 14, 2018
and last updated 2018-02-14 19:38:07-05

The average price of home sales across Northern Ohio are at a ten year high, according to the Northern Ohio Multiple Listing Service.

For about a decade, most Ohioans were seeing a loss of investment, with homes selling for less than homeowners paid for the purchase.

John and Amy Carter tried to sell their home in Lakewood about ten years ago, but they ran into the same issues many other people looking to sell back then encountered.

"We were kind of upside down," said Amy Carter.

The couple decided to stay in their home and make improvements. That decision paid off.

"It is the hip place to be," said Christine Williams with The EZ Sales Team Keller Williams.

Williams put the Carter's home on the market just a short time ago. Not only did it sell in 36 hours, but it also sold well over the asking price with multiple offers.

That scenario is playing out across the region, according to EZ Sales Team leader Mike Zinicola.

"There is interest in every community that dictates how many offers you're getting if the house is priced right," said Zinicola.