Karen Gump's Blog Posts

Local Market Update - February

February home sales for the Dayton area fell 10% vs 2022, but they improved over the January results which were down a whopping 31.5% vs last year. The number of new listings was down 7.8% for the

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Real Estate Tips for Buyers & Sellers

We are just getting into March and there are some early indications of what the market may look like this spring and summer. Pat & Karen have been working with both sellers and buyers through

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Local Market Update - January 2023

The Dayton area was still feeling the effects of higher interest rates in January. In total, just 716 homes were sold (this includes single-family, attached homes, and condos). That is the lowest

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Housing Prices by School District

Did you know that prices in the Dayton area have increased by 35.8% since 2019? The average single-family home in Dayton now sells for $249,439. That means that many homeowners who purchased their

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2022 Dayton Housing Recap & Predictions for 2023

2022 was a challenging year for the housing market. Buyers & sellers faced very tight housing inventories early in the year which lead to multiple offer situations and home sales well above

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2023 Home Design Trends

Every year in December and January most of the major home and design publications feature articles about the decor trends we will see in the coming year. While many of the more outside-the-box

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November Dayton-Area Housing results

Sales and new listings continue to lag behind last year's results primarily due to interest rate increases throughout the second half of the year. We saw an almost 28% drop in home sales for the

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Fun Things to Do This Holiday Season

The start of winter and the holiday season usher in all kinds of fun activities to our area. It is the perfect time to gather your family or friends and enjoy the majesty of the season. Wondering

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October Local Market Update

Our local market looks dramatically different than it did a few months ago and the chief reason is the dramatic rise in interest rates. For the month of October, home sales (in units) were down 21%

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Buyer & Seller Tips for Navigating the Real Estate Market This Fall

We both get asked a lot these days if the local real estate market is still good. The simple answer is, yes. Things have definitely changed from the spring and early summer, but there are still

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Housing Market Update - September

Interest Rate increases have had a cooling effect on the real estate market nationwide and in the Dayton area. As interest rates neared and then hit the 7% mark, many buyers and sellers decided to

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4 Fun Things To Do This Fall

Looking for something to do this fall? There is a lot to explore here in the Miami Valley and around the state. I put together this list last fall and it was a hit, so I figured I would update and

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9 Tips to Get the Highest Price When You Sell

While it is still a seller’s market, rising interest rates have pushed a lot of buyers to the sidelines and properties are sitting on the market longer than they did this spring. There is a lot

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Is This a Good Time to Buy a House?

Have you been wondering if this is the right time to move? The market has changed a lot since the spring buying frenzy. The biggest change has been the rapid increase in mortgage interest rates.

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Local Housing Trends for July

The combined effect of higher interest rates on mortgages and rising housing prices led to a 12.5% drop in home sales for the month of July. The average sales price of a home in the Miami Valley

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5 Renovations That Give The Biggest Bang for Your Buck in 2022

At least twice a week I turn a critical eye to my kitchen. I've lived in my house for 24 years and it is definitely starting to show its age. Do you have a space in your home that needs an?

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How Rising Interest Rates Affect Buyers - 6 Things to Consider

As I type this, interest rates for 30-year fixed loans are above 5%. This is a sharp increase from around 3.5% a year ago and is the highest rate we've seen in years. The rapid increase over the

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