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Linda May Grand Lake St. Marys Real Estate Outlook

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Page 1: Linda May Grand Lake St. Marys Real Estate Outlook

3/4/2014 1

Linda May

GRAND LAKE ST. MARYS

REAL ESTATE SALES

Page 2: Linda May Grand Lake St. Marys Real Estate Outlook

3/4/2014 2

AUGLAIZE COUNTY

Page 3: Linda May Grand Lake St. Marys Real Estate Outlook

3/4/2014 3

MERCER COUNTY

Page 4: Linda May Grand Lake St. Marys Real Estate Outlook

# SOLD

2012

AVE CDOM

2012

#SOLD

2013

AVE CDOM

2013

57 328 54 360

3/4/2014 4

LAKE SALES

Page 5: Linda May Grand Lake St. Marys Real Estate Outlook

0

50

100

150

200

250

300

350

400

2012 2013

# SALES

AVE CDOM

% SOLD/LIST

3/4/2014 5

LAKE SALES

Page 6: Linda May Grand Lake St. Marys Real Estate Outlook

Interest Rate on 30 year, Fixed is about 4.5%

Lenders are still approving loans on lake

properties.

Appraisals are still low

NEED MORE INVENTORY

$75,000 - $150,000 price range is selling

3/4/2014 6