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The Sound of Ideas

Housing Market Rebounding in Northeast ohio

Posted Monday, January 28, 2013

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There's some good real estate news for a region battered by years of bad news : Home sales in Northeast Ohio's rose last year to their highest level in at least four years. And this year could be even better as interest rates stay low and demand remains high. There will be tighter lending restrictions, though. And sales and home prices still are not back to their pre-recession levels. The real estate recovery, Monday morning at 9 with host Mike McIntyre on the Sound of Ideas.

Tags

Economy, Regional Economy/Business - Analysis and Trends, Regional Economy/Business - News, Government/Politics

Guests

Yuki Noguchi, Correspondent, National Public Radio
Tom Finnegan, President, First Merit Mortgage
Carl DeMusz, Chief executive officer of the Northern Ohio Regional Multiple Listing Service
Joanne Zettl, Chairman of the Cleveland Area Board of Realtors.

Additional Information

Northeast Ohio house sales rose 13.4 percent in 2012; condo sales jumped
Home sales in Ohio rise while U.S. sales decrease on lack of supply
Mortgage Rules Aid Homeowners

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