Youngstown real estate agents took part in a nationwide open house event on Sunday.
The National Association of Realtors held the event.
In the Valley, agents showed three bedroom houses, ranches and condos to potential buyers.
Real estate agent, Ron Liptak, introduced an open concept ranch in Boardman to a potential buyer.
“You got the laundry area right here,” said Liptak. “You can come right from the garage here.”
The house has only been on the market for 45 days and there’s a lot of interest.
“We have a shortage of inventory, you know late model homes,” said Liptak. “They’re just not building them anymore. Right now not they’re building anymore. They’re just not around.”
15 minutes away, Bonnie Beam was getting ready for an open house for a 1,900 square foot home that’s been on the market for 90 days.
“We do anticipate an offer coming in soon,” said Beam,
Over the weekend, the National Association of Realtors’ Nationwide celebrated its open house weekend with agents showing off houses everywhere in the country, including Youngstown’s west side and Austintown.
“We’re ready to work seven days a week if we have to to get these sold,” said Beam.
The Ohio Association of Realtors reports single family homes and condos put under agreement went up in February for the 22nd consecutive month compared to one year ago.
“Everything is starting to break right now, people are out and about. Interest rates have maintained low,” said Beam.
Interest in building a new home is also gaining momentum. Builders started working on 1,000,000 new homes in March, another sign the market is improving. Still, Real estate agents said there are advantages that come with buying.
“You get so much more for your dollar on a prebuilt house versus a new construction house,” said Beam. “I mean not that building is bad, but if you’re watching pennies and you want the most value for your dollar, it’s in a prebuilt home.”
Liptak demonstrated some of the interesting gadgets that come with these homes.
“That’s a remote controlled awning,” said Liptak. “You just hit the button, and it goes. Fancy.”
Liptak hopes the three bedroom Boardman ranch he’s been showing will be perfect fit for someone who’s ready to call it home.