News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Area Agency on Aging 10B, Inc.

Knight Foundation

Greater Akron Chamber


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Housing prices are steadily increasing in Northeast Ohio
The housing market is continuing its recovery from the economic downturn
by WKSU's OZIE IKUENOBE

Reporter
Ozie Ikuenobe
 

The latest national report on housing prices shows they continue to climb in Northeast Ohio and 19 other major markets.

The Standard & Poor’s/Case-Shiller Home Price index says prices were up in the Cleveland-Elyria-Mentor area in August by 1.1 percent over the same month a year ago.

Nationally, they were up an average of 2 percent. And they went up in every one of the 20 markets except Atlanta.

Richard Perrin, a member of the Knox County Board of Realtors, says he’s optimistic about the future of the housing market.

Perrin on housing prices

Other options:
Windows Media / MP3 Download (0:26)


“Slow and steady wins the race. We are rebounding from a rather dramatic downturn in the housing market. I do not pretend to have a crystal ball, but barring any kind of major financial upset, I just see a very nice and steady climb out —or forward progress so to speak, where home prices are gonna start appreciating again.”

 In addition to prices rising, the number of sales is up and the number of houses sitting on the market is decreasing.

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

The Surpreme Court gay-marriage decision plays out in Ohio Amish country
Keep in mind that the majority of the people residing in Holmes County are Amish, a church people who do not vote because they do not believe in governmental ru...

Akron council committee recommends Forney for its opening
Which committee member voted for Wilhite?

Canton Youth Symphony is named orchestra of the year
This is what makes CSO the hippest small town orchestra in America!

What can be expected if Ohio's tobacco taxes increase?
let's face it! The increase has little to do with smoking cessation

Rare Cleveland Indians photo from 1911 hits the auction block
Paddy Livingston, who cut his teeth on a Louisville Slugger in Kent, Ohio was one of the immortals that played in that game. He was the catcher. Ty Cobb actuall...

Nexus denies Green's request to relocate its planned gas pipeline
These people have so much power. Too much. They could care less about the people they leave when it is done. Spectra does not, and admits, they do not do the...

The former Hugo Boss plant is about to start making suits again in NE Ohio
Hugoo Boss should not even be allowed to make or sell suits in the USA ..... During WWII, they were a nazi company. They made the uniforms for the S.S.

Ohio voters remain split over gay marriage
It's all good. The bigots will get used to it, just like interracial marriage. Or they die off-either way, all is well :-)

Ohio Senate budget reduces low income housing funds
Bill is correct. Lake County receives funding to assist in the operations of permanent housing for over 90 households annually - persons who are living with a s...

Cleveland's mustard war rages on
Stadium Mustard is stolen from Bertman's and it is made in Chicago. Real thieves and creeps. Bertman's or death.

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University