Forclosures

Well, we keep hearing every day, just about, that there are more and more forclosures out there today than ever before. Well, I think they are right. There are a bunch in the area that are currently for sale and some of them are at good prices. The problem, however, with most of them are that they are priced too high for the what they offer. It's because the previous owner owed so much for them that they now have to try and recoup most of it. It causes good properties to sit on the market for longer periods of time and thus get "stale" to the market. People get tired of seeing them and thus stop asking about them because they think there is something wrong with them. When in all reality, they may be just fine, but were priced too high in the first place. I'm not sure where all this is headed in this area, but I do know that for those who are patient they will get some great buys! If you are interested in finding these forclosures, contact me and I can get you a list. Don't forget Walmart is opening next month so watch out for falling prices.

A Sad Day in Wauseon

Half a block of downtown Wauseon was destroyed yesterday due to fire. You can go to the Crescent News website to read more and see picts.

The Bridge is Closing

Starting on Monday the bridge on Domersville road will be closed. It's going to be 75 days of mess here in Defiance. All the trafic on that side of town will have to be diverted through town in order to get on to hwy 24. There's even a trucking company on that side of town that sends out over 100 trucks a day from over there that will have to start coming through town. On top of all that I'm not real sure they are going to get all the new street lights up in time. That won't happen unless they decide to work all weekend. I'm hoping that it won't be near as rough as we are anticipating it to be, but it's a short term deal and now that they've set the lights back on the curbs downtown won't be nearly as bad in the future.

As for the housing market here in the Defiance area, it seems to be pretty strong right now. All the news outlets around the country are continually quoting doom and gloom for the housing market, but it looks like here in our area we are still heading for a strong year. The prices in our area have stabalized some or even dropped a little, but homes are still being bought and sold. If you're thinking of selling your home right now or are wanting to buy one, then there really seems to be no reason to be shy about it in our area. The intrest rates are holding around the 6% range still which is a great rate. If you want to see some homes or want to find out how I can sell yours then contact me today!

Updates, Libraries, Basketball, and Opening Day

I just added a Google news section to the right to help keep us up to date with all the real estate news that is happening on a daily basis. I hope that you find it useful, but let me know because it can be removed if it's more of a hassle than a help. On the local front it looks like the Libriaries are still trying to free up some funds in order to possibly fund a new library on the south side of town, as well as, getting the state to free up some of the funding that was frozen several years ago. You can see the Crescent News article for more on that. As for basketball, the beloved Buckeyes failed to win last night to Florida. It's amazing that in both football and basketball that both these teams made it to the championship and that Florida won them both. There are a lot of disappointed people in the area, but I guess there's always next year. Finally, it was opening day for major league baseball around the country. It's that time of year when, from what I hear, Ted (from our office) will be glued to the tv and the raidio trying to get all the games in he possibly can. Are any of you avid baseball fans? If so why don't you leave me a comment and tell me what team is your favorite. I'm a Chicago native and actually like both the Cubs and the White Sox. Well, there are some great deals out there right now for homebuyers like this weeks featured home. So, don't miss out on your opportunities.