Linda May from Linda May Realty explains the Grand Lake St. Marys real estate outlook in this presentation, given at the March 2014 Lake Improvement Association member meeting. Learn more at http://www.lakeimprovement.com

1. GRAND LAKE ST. MARYS
REAL ESTATE SALES
Linda May
3/4/2014
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2. AUGLAIZE COUNTY
3/4/2014
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3. MERCER COUNTY
3/4/2014
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4. LAKE SALES
# SOLD
2012
AVE CDOM
2012
#SOLD
2013
AVE CDOM
2013
57
328
54
360
3/4/2014
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5. LAKE SALES
400
350
300
250
# SALES
AVE CDOM
% SOLD/LIST
200
150
100
50
0
2012
3/4/2014
2013
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6. Interest Rate on 30 year, Fixed is about 4.5%
Lenders are still approving loans on lake
properties.
Appraisals are still low
NEED MORE INVENTORY
$75,000 - $150,000 price range is selling
3/4/2014
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