Green Energy Ohio Tour – 2011

Green Energy Ohio (GEO) welcomes the new Green Energy Ohio Tour for 2011! So Far Two Mahoning Valley Sites are featured.

Green Energy OhioEach October Ohiocelebrates the green energy industry in a statewide event that enlightens consumers about the developing marketplace. For the last 11 years, Green Energy Ohio (GEO) provides market information to the public on the first weekend in October to exhibit the industry across the state.

This year the “Ohio Solar Tour” name has been changed to the “Green Energy Ohio Tour” to more accurately describe the tour that features not only solar, but tour sites with wind, energy efficiency, biomass and other green energy technologies. This FREE statewide event on October 1 & 2 provides the unique opportunity for people to visit hundreds of Open House Sites and talk with owners living and working with clean energy technologies.

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Three Mahoning Valley Schools Tapped For Blue Ribbon Honors

U.S. Department of Education Recognizes 305 Schools as 2011 National Blue Ribbon Schools ; three Mahoning County Schools are among those honored.

Blue Ribbon School LogoThe U.S. Department of Education recently named 305 U.S. schools as 2011 National Blue Ribbon Schoolsbased on their overall academic excellence or for their success in closing achievement gaps. The Department will honor the entire 256 public and 49 private schools with their National Blue Ribbon School awards at a conference and awards ceremony Nov. 14-15 in Washington, D.C.

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Beaver Sees Renewed Interest in Housing

The Lakes of Beaver Development Co. LLC has sold The Lakes of Sharrott Hill.

In the boom year of 2006, Beaver Township housing contractors were, well, busy as beavers hammering up condo and housing developments in all four quadrants of the township. Pine Lake Reserve and the smaller The Lakes of Sharrott Hill were just two ambitious township projects that between them had plans for 350 or more upscale condo villas, multi-family, and single family residential homes in wonderfully planned unit developments. 

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Mahoning Valley Housing Report, August 2011

Valley Median Home Price Up 2nd Straight Month;Sales Finally Show Some Life, Up 1.8 Percent

According to RE/MAX Valley Real Estate’s Mahoning Valley Housing Report (MVHR) for August, 2011, single family residential sales (not seasonally adjusted) soared 26.1 percent from 272 units in July to 343 in August. Although the month over month increase was dramatic it was not enough to avoid yet another decrease of 0.7 percent annually. The seasonally adjusted, year over year comparison of closed transactions dropped again for the 42nd consecutive month.

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Vet Reunited With Good Samaritan Ken Burton

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Video

Outstanding Agents. Outstanding Citizens. New Hero Ken Burton is thanked by Army Veteran for his quick actions in preventing theft of Veteran Donations.

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Ken Burton is a distinguished Realtor® and life long resident of the Mahoning River Valley. We are proud to say he’s been a RE/MAX Valley agent since 2002, and we are very honored just to be associated with him.
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MVHR: July Valley Home Prices Rise

Home prices in the Valley Gain a little ground in July; sales also seem to pick up a little steam according to the Mahoning Valley Housing Report (MVHR).

According to RE/MAX Valley Real Estate’s Mahoning Valley Housing Report (MVHR) for July, single family residential sales (not seasonally adjusted) remain in the doldrums, falling 11.7 percent from 308 units in June to just 272 in July. However, sales this month did mark nearly a ten percent rise over July of 2010. The seasonally adjusted, month over month comparison of closed transactions dropped again for the 41st consecutive month.

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MVHR: June Loses Momentum

Mahoning Valley Market Report for June 2011. Valley Real Estate Market Remains Uneven. June gives back gains made in April and May.

According to RE/MAX Valley Real Estate’s Mahoning Valley Housing Report (MVHR) for June, single family residential closed transactions (not seasonally adjusted) fell 14 percent from sales recorded in May to just 308 units, and declined 11.7 percent  from June 2010 (the last month of the tax credit give-away) when 349 units were sold in the Valley. The seasonally adjusted, month over month comparison of closed transactions also fell slightly, down again for the 40th consecutive month. 

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ODNR Focuses on Shale Development in Ohio

The Ohio Department of Natural Resources (ODNR), Division of Mineral Resources Management launched an enhanced oil and gas Web page that focuses on shale development. A topic vital to the economic rebirth of the Mahoning Valley.

Marcellus and Utica Shale

Potential Marcellus Shale (Light Blue Area). Potential Utica Shale (Dark Blue Area)

“It is important for Ohioans to know that ODNR’s Division of Mineral Resources Management is well prepared, from both a technical and regulatory standpoint, to meet the challenges of increased oil and gas drilling,” said J. Michael Biddison, ODNR Deputy Director of Resource Conservation. “This department is committed to helping Ohioans understand all aspects of shale development.”

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Just When You Think We Can’t Go Lower

Zillow: First Quarter Home Value Declines Match Worst of Housing Recession; Bottom Unlikely to Appear Before 2012

Home Values Show Sharpest Quarterly Decline Since 2008; Negative Equity Rises to 28.4% According to Q1 2011 Zillow® Real Estate Market Reports

Home Housing Prices DownHome values in the United States fell faster in the first quarter of 2011 than they have in any quarter since 2008, when the housing market experienced its worst performance, according to Zillow’s first quarter Real Estate Market Reports. The Zillow Home Value Index fell 3 percent from the fourth quarter of 2010 to the first quarter of 2011, and declined 8.2 percent year-over-year to $169,600. Home values have fallen 29.5 percent since they peaked in June 2006.

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Mahoning Valley Avoids National Double Dip – So Far

Mahoning Valley saw home prices rise in April even as Clear Capital reports U.S. home prices double dip as nation falls prey to winter slowdown and increase of distressed sales.

Home PricesCapital released its monthly Home Data Index™ (HDI) Market Report, and reports prices have double dipped nationally 0.7 percent below prior lows experienced in March 2009. This month’s HDI Market Report provides the most current (through April 2011), and relevant analysis of how local markets performed compared to the national trend in home prices.

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Mahoning Valley Market Report MVHR – April, 2011

Single Family Residential Existing-Home Sales Fall Unexpectedly; Median Home Price Squeezes a Nominal Gain

MVHR Dold Sign - April

Sales down 1.5%; Median Home Price up 0.9%

According to RE/MAX Valley Real Estate’s Mahoning Valley Housing Report (MVHR) for April, single family residential closed transactions unexpectedly fell, month over month, a seasonally adjusted 1.5 percent; while the yearly, month over month comparison of closed transactions continues to erode for the 38th straight month. The seasonally adjusted median home price in the Valley, however, rose modestly 0.9 percent, ending a two-month skid. Our measure of the annual absorption rate rose a seasonally adjusted 0.5 percent from 14.8 months to 14.9 months as the Bull Housing Market for Buyers roars on.  Continue reading