by Tammy Murphy | Jan 15, 2024 | BLOG, Current Events, GLOBAL, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
January 2024 Real Estate Market Update: A Strong Start to the Year!
Happy New Year, everyone! As we step into 2024, we’re excited to share some promising news about the Dayton area real estate market. January has kicked off with impressive momentum, and there are plenty of reasons to be optimistic about the coming months!
Market Highlights
In January, we saw a 23% increase in home sales compared to last year, with a total of 891 transactions reported. This surge is a clear indicator that buyers are eager to find their dream homes as we begin the new year. The cumulative sales volume reached an impressive $226.6 million, marking a remarkable 39% increase from January 2023!
Price Trends
Home prices are also on the rise! The average sale price in January climbed to $254,396, up over 12% from the same month last year. Meanwhile, the median sale price also saw a boost, reaching $206,000, a 10% increase. This trend shows that demand remains strong, driving up prices as buyers compete for available listings.
Inventory Insights
Speaking of listings, January brought 1,174 new entries into the market, a significant 19% increase compared to the previous year. However, the total available active inventory stood at 1,615, which translates to a pace of sales at just 1.8 months. This low inventory level highlights the competitive nature of the market, making it an excellent time for sellers to consider listing their homes!
Why This Matters to You
With these positive market indicators, now is a fantastic time to think about your own real estate journey! Whether you’re considering selling your home to take advantage of these rising prices or exploring your buying options in a bustling market, we’re here to help you navigate the process.
If you have questions about your home’s value, potential buying power, or the market in general, don’t hesitate to reach out. We offer no-obligation assessments and are happy to provide personalized insights tailored to your needs.
Let’s Connect!
As always, our team is committed to supporting you every step of the way in your real estate journey. Stay tuned for more updates and insights, and here’s to a prosperous 2024 in real estate!
by Tammy Murphy | Jan 8, 2024 | BLOG, Current Events, GLOBAL, Investor Relations, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
As the year of 2023 comes to a close and we review the real estate numbers – there is much opportunity and potential for our communities overall!
The AVERAGE SALE PRICE for our counties include:
- Montgomery County = $220,423
- Greene County = $296,861
- Darke County = $184,376
- Preble County = $217,826
- Warren County – $391,527
You might be wondering what communities ranked with the highest number of sales for 2023?
- Dayton – 1,574 units sold
- Centerville/Washington T.S. – 855 units sold
- Kettering – 749 units sold
- Beavercreek/Bvrcrk T.S. – 697 units sold
- Huber Heights – 602 units sold
These communities showcased significant activity in the real estate market over the past year. If you need further analysis or insights regarding these areas, feel free to ask!
by Tammy Murphy | Jul 25, 2023 | BLOG, GLOBAL, Networking
Thinking of Moving Abroad? With REMOTE WORK and the now endless opportunities to live where you want (and if you want to still work, remote is an option) then FINDING a place to call Home in another country can cause you even more anxiety / stress and OPTIONS. What you need to know – is going to be dependent upon WHERE you are looking to move to – what country, what are the residency requirements, what are the loan options available – and so many more variables to consider that you otherwise may not begin to know – until you are in the thick of it.
Working with a Realtor who has their CIPS designation here in the US is a great way to start your process. Why? Because, they have a foundation of understanding the international market as well as having many contacts in other countries. Once you have an idea of the country / region / town you want to move to – then “the fun” can begin. Being put into contact with a real estate professional who is then LOCAL to your choice, is a smart move – although the process may vary from what USA practices are, they will likely have similar association and professional standards.
Once this part is in the works – you will need to make sure that a LENDER is able to work with you on an INTERNATIONAL LEVEL – this again, is going to depend on what country you are selecting; but, as an example US Citizens cannot just get a loan in the US from their bank and then use for the purchase of a property in a foreign land. So having the assistance of your CIPS Realtor here – will be able to assist you in this navigation process of finding the right lender for the country you are seeking to move.
Other things to consider:
- Residency rules of the country vs Expat status vs Citizenship
- Currency transaction requirements
- Title and Ownership process
- LANGUAGE Barriers (especially when dealing with contracts and laws)
Here is an International Lender with experience to help US Citizens to be able to purchase in other countries (be sure to confirm requirements for the country you are interested in): https://www.americamortgages.com/us-citizen-overseas/
Tammy’s best advice, ALWAYS travel to the potential spot and spend a longer than a week 😉 BEFORE making the life changing decision. In the fun of a vacation it is easy to fall in love with a place / atmosphere / people – but what is the reality when you are there for the long-haul, have to work and no longer just get to casually stroll thru the streets? THAT is when you can find the real place for you to call home – when you know that it is just the right spot in the world that makes your heart full, the senses invigorated and the future bright!! Many happy travels in your search of finding HOME.
by Tammy Murphy | Jun 13, 2023 | BLOG, Current Events, GLOBAL, Investor Relations, LOT / LAND, Neighbor Chat, Real Estate News, Real Homes to Love
Boxabl as the Future of Housing -presents with a unique housing product that is price / quality and timing sensitive to the current needs in communities… we just need to get our Community Leaders onboard to adjust zoning and permitting to allow the use of this housing alternative.
Knowing that we are now hearing about the “housing crisis” and that there is a shortage of homes for sale across the country, and especially in our local communities – housing alternatives are NEEDED.
Want more information? Ask Tammy for details or feel free to explore with these links:

And View Video for more details: BOXABL VIDEO
by Tammy Murphy | Jun 2, 2023 | BLOG, Current Events, GLOBAL, Neighbor Chat, Real Estate News, Real Homes to Love
Participating in the Jobs Ohio Quarterly Update meeting and hearing wonderful news about the progress of our state is an exciting opportunity.
“Ohio is a Special Place” (nothing new to me – of course I already know and believe this!)
The diversity of our state is helping to drive the various job sectors GROWTH, the vibrancy of our communities and the future potential we can take hold of and claim. All that being said, there is a challenge, as Lt Governor Husted stated, “We need to begin to address HOUSING” – and the low inventory levels we have had now for the last four years have added to that need.
Hear the report for yourself : https://www.jobsohio.com/about-us/meetings-and-financials/board-meetings-and-materials
It is time for our communities to OPEN their thinking and planning requirements to fast-track the housing process, so that more construction can take place; BUT, it is also time to expand housing alternatives! We must allow alternative housing structures / zoning to include: Accessory Dwelling Units (ADUs); Tiny Homes; Pre-fab / Manufactured Housing; not to mention the ability for multi-generational living and vertical living.
Easy for me to say? YES – because I have been actively working in the industry of Real Estate since 2001. I take this business seriously and know the impact HOUSING has on everyday quality of life, the opportunities it presents to people and more importantly – the impact it has on our communities overall. I care about and want to assist in whatever way possible, so that the right path forward can be forged for all. We have to address the supply of housing to begin to address the cost of housing and the circle of real estate cycles continues!! Why are our communities making decisions about housing WITHOUT having Active Realtor participation? Our Associations and committees would gladly help to answer the questions, direct the focus that is needed and to even participate and volunteer to be included in their discussions – yet many in leadership merely serve their time and pass the buck to the next party. Without an answer to the question of housing – we cannot address the other necessary topics (affordability, homelessness, blighted redevelopment, incoming job growth) all of which should be just as important for community leaders to begin addressing as well 😉
I am not “just a Realtor” I AM YOUR ADVOCATE for property rights and opportunities. I help people to buy, sell and invest in what is typically their LARGEST SINGLE AND MOST EXPENSIVE FINANCIAL ASSETT and I do this with integrity and with the client’s best interest at heart. Seems to me – I might be that person who would be good to have a part of the planning??? At least I am willing to make myself available and help dive into the process with you!
I’ve been talking about topics that are now starting to “trend” but I was saying it LONG before – and I believe alternative housing is going to be the necessary, next thing. Soon I will get to report on a factory tour for a prefab manufacturing facility in our area, and I am planning to venture out West to tour another facility – because I know how important this next step is for people and for our communities. WATCH for updates and I’ll be sure to share my thoughts and findings with you 😉
by Tammy Murphy | May 30, 2023 | Beavercreek, Bellbrook, BLOG, Centerville, Clearcreek Township, Clifton, Current Events, Dayton, Deweese Park Area, DOWNTOWN, Englewood, Fairborn, Germantown, GLOBAL, Huber Heights, Kettering, Lebanon, Mason, Miami Township, Miamisburg, MIddletown, Moraine, Oregon District, Piqua, Real Estate News, Riverside, Sugarcreek Township, TIpp City, Trotwood, Troy, Union, Vandalia, Washington Township, Waynesville, West Carrollton, West Chester, West Milton, Wilmington, Xenia, Yellow Springs
Festival Season is Here ! With the nicer days of spring leading into the summer stretch – we know that EVERY WEEKEND and just about EVERY COMMUNITY has something special to offer YOU. Not sure what Festival to attend?? You may want to checkout a few of our highlights from last season – to get a feel of the festivals and communities – and to pick the one best for YOU!
TIPP CITY MUM FESTIVAL
BEAVERCREEK POPCORN FESTIVAL
WAYNESVILLE SAUERKRAUT FESTIVAL
Or maybe you feel like taking a nice leisurely drive through one of the surrounding counties? Preble County has some amazing scenic bridges that are worth seeing, along the way enjoy food in local restaurants and see a bit of the slow lane of life 😉 COVERED BRIDGES TOUR OF PREBLE COUNTY
And last, but certainly not least – don’t forget to check out a few of the FIVE RIVER METRO PARKS for water activities, bike trails and MORE – like – the WEGERZYN GARDENS & CHILDRENS PARK