2016 was the busiest year for Ohio’s housing market in over a decade. According to a recent report from the Ohio Association of Realtors, Homes purchase were close to 151,600. This figure indicates a 7.5 percent rise compared to 2015. December sales in 2016 were 2.8 percent higher than they were in December 2015, though Northeast Ohio registered a drop. Listing-service data showed about 8 percent increase in the sales of previously owned and newly constructed homes in Northeast Ohio. On average, the sale price in 2016 was about 4.8 percent higher than they were in 2015. These gains can be attributed to robust job creation in 2016 and the relatively lower mortgage rates.
Despite the market realizing these gains, previously owned homes registered a subtle increase of 0.7 percent in December 2016. This minute increase in returns was as a result of relatively higher prices that scared away some prospective buyers. Case in point, an existing home was going for as much as $232,200 in December 2016, which was a 4 percent rise from 2015.
An overview on Tammy Mazzocco
One of the most prominent Ohio real estate agents is Tammy Mazzocco. Born in 1968, Tammy began her career in real estate with The Edwards Realty Company, where she worked as a secretary. She later joined the Scotland Yard Condominiums, where she worked as a condominium manager for seven years. While there, the then general manager of Scotland Yard, Mr. Ken Cook, taught and encouraged her to pursue the real estate business.
In 1995, Tammy Mazzocco became a licensed real estate agent. She left Scotland Yard to become the multi-site property manager at T&R Properties. In 1998, Tammy Mazzocco moved to the Victorian Village of Columbus, where she became a licensed personal assistant to Joe Armeni, a successful real estate agent, and developer. Joe inspired Tammy to pursue real estate as a full-time career. Tammy Mazzocco currently sells residential real estate in Central Ohio.