After years of uncertainty, it seems like things are starting to puck up in the real estate world. Realty Trac has ranked Toledo in the top five most affordable housing markets, with a median home price of $100,000. Danberry realtor Debbie Katich says it's amazing news.
"The market right now is so good. There is so much to choose from, the prices are reasonable," she said. :The lowest they've been in 30 years."
Katich also says homes in Toledo are selling much faster than in recent years. "I'm so happy to be at this point," she said.
At an auction Monday night, auctioneer Jack Amlin had no problem selling a home on Elm street in north Toledo.
"I think the market is starting to creep up in Toledo. I'm seeing positive things," Amlin said.
And so are the buyers. Toledoan Casey Mulvaney is looking to buy a home here in the glass city. She purchased her current house 10 years ago, and says the market is much different now.
"The fact that they houses have dropped, I"am probably looking at houses I never could have afforded," Mulvaney said.
But there is still al long way to go for Toledo. But for some this is a first step. Still, its not a completely positive picture especially for people selling homes. Lower values mean lower home prices, making them more affordable. But some economists think, 2012 could be a turnaround year with some Ohio metro areas experiencing a rise in home prices.
Tuesday, June 18 2013 7:55 PM EDT2013-06-18 23:55:39 GMT
Sylvania Township police are investigating the third incident of vandalism at Olander Park in the past two months. Firefighters arrived at the park Monday night to see a small building completely engulfed
Sylvania Township police are investigating the third incident of vandalism at Olander Park in the past two months.
Tuesday, June 18 2013 9:58 PM EDT2013-06-19 01:58:11 GMT
Up and down Federal Street, pink ribbons are now wrapped around trees, poles and cars. They are a solemn reminder of East Toledo's missing baby girl. 18-month-old Elaina Steinfurth was last seen on June
They are a solemn reminder of 18-month-old Elaina Steinfurth who was last seen on June 2nd.
Tuesday, June 18 2013 9:57 PM EDT2013-06-19 01:57:29 GMT
Rossford police are asking for your help identifying a pair of suspects. Investigators are looking for two suspects involved in a theft at the True North on Buck Road. Surveillance cameras captured the
Rossford police are asking for your help identifying a pair of suspects. Investigators are looking for two suspects involved in a theft at the True North on Buck Road.
Tuesday, June 18 2013 9:51 PM EDT2013-06-19 01:51:49 GMT
Toledo Police are searching for a suspect in an afternoon shooting. It happened just after 3:00 p.m. on Jervis near Bloomfield. Officers tell 13abc a woman called 9-1-1 and told dispatchers someone shot
Toledo Police are searching for a suspect in an afternoon shooting. It happened just after 3:00 p.m. on Jervis near Bloomfield.
Tuesday, June 18 2013 9:39 PM EDT2013-06-19 01:39:16 GMT
He was born with a condition that limits his sight, but it's not stopping a local 6th grader from competing on a national level. Jalen Ballard is representing Ohio in a national Braille competition.
He was born with a condition that limits his sight, but it's not stopping a local 6th grader from competing on a national level. Jalen Ballard is representing Ohio in a national Braille competition.
Tuesday, June 18 2013 7:54 PM EDT2013-06-18 23:54:48 GMT
Two young girls were sleeping on the floor during a summer night, when gunshots burst through their apartment, killing one of them. Now one of the men police say was responsible has rejected a plea deal
Two young girls were sleeping on the floor during a summer night, when gunshots burst through their apartment, killing one of them. Now one of the men police say was responsible has rejected a plea deal in the case.
Tuesday, June 18 2013 7:00 PM EDT2013-06-18 23:00:32 GMT
From around 11:01 to 11:05, the International Space Station will fly overhead, initially emerging from the northwestern horizon, then departing to the east. The weather should cooperate, with gradual clearing.
From around 11:01 to 11:05, the International Space Station will fly overhead, initially emerging from the northwestern horizon, then departing to the east. The weather should cooperate, with gradual clearing.
Tuesday, June 18 2013 6:02 PM EDT2013-06-18 22:02:30 GMT
BREAKING: DETROIT (AP) - Chrysler decides to go along with government request to recall 2.7 million older model Jeeps.
Chrysler abruptly agreed to recall 2.7 million older model Jeeps Tuesday, reversing a defiant stance and avoiding a possible public relations nightmare over fuel tanks that can rupture and cause fires in rear-end collisions.
The search continues for a missing East Toledo girl. In the midst of the search, another missing children's case in our area is getting national attention. The Toledo Blade’s Danielle Trubow has the details.
Tuesday, June 18 2013 3:36 PM EDT2013-06-18 19:36:03 GMT
A former Wood County park ranger will spend more than four years behind bars. John Millinger was arrested in 2009 after police say he put an I-Pod with a video recorder behind a "No Smoking" sign in a
A former Wood County park ranger will spend more than four years behind bars. John Millinger was arrested in 2009 after police say he put an I-Pod with a video recorder behind a "No Smoking" sign in a women's restroom at a public park.
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