Submitted by Anonymous on Fri, 05/25/2007 - 05:00.
Toledo Ohio housing market in a slump
New numbers released by the Toledo Board of Realtors show demand is down, while the number of people looking to sell continues to climb. In the Toledo market the median price of all residential listings is down. The price last year was $122,000, this year is $106,000.
The number of homes on the market for more than 121 days has risen from 259 last year to 303 in 2007. Ohio is also leading the country in foreclosed properties and that has an effect on the values of everybody else's property.
Source: WTVG-TV Toledo, OH abclocal.com.go.com/wtvg
The number of homes on the market for more than 121 days has risen from 259 last year to 303 in 2007. Ohio is also leading the country in foreclosed properties and that has an effect on the values of everybody else's property.
Source: WTVG-TV Toledo, OH abclocal.com.go.com/wtvg
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