Looking For Homes in Akron OH

Akron, the county seat of Summit County, was founded in 1825. Initially developed y as a manufacturing center, Akron took advantage of its strategic geographic location. After the downturn in the fortunes of the heavy manufacturing industries, Akron turned its attention to other fields like research, financial, and high tech sectors. Despite its humble beginnings as a small hamlet, this city has become one of the major cities in United States.

With such a strong manufacturing foundation, it is no surprise that a number of different manufacturing companies have chosen Akron for branch locations and corporate headquarters.
Not surprisingly, the manufacturing industry is one of the main employers of local residents.
The city is the proud host of highly regarded University of Akron. And of course, on the primary and secondary levels, there are a number of public schools and private schools in the vicinity to meet the educational needs of the residents.

The city also provides recreational facilities due to the availability of a number of old restaurants and modern shopping plazas. Existence of some museums as well as libraries also contributes greatly to enhance the attraction of this place.

Demographically speaking, we find that Akron has more than two hundred and eighty three thousand permanent residents with an average age of 28 years old and an average family income of approximately $32,397.

Like many markets across the United Sates, Akron has seen an increase in property values over the past few years. The boom phase has just started and has a long way to go. Total housing units that are present in Akron is approximately a little less than sixty nine thousand and five hundred. The average prices of houses in this city are more or less around one hundred and twenty two thousand dollars. Only six to seven percent of the housing units are still vacant and ready for sale.

When looking for homes, one of the first matters that you should resolve in your own mind is exactly what type of property you would prefer and what features are must haves. As Each property has its own set of pros and cons, you will more than likely end up settling for something that has a couple of minor flaws. If you do find a property that you really like and that you can afford, don’t wait too long to make an offer as it just might get snatched up by another buyer.
This is the right time to invest in real estate market since the prices are still affordable, even if you do not fall under the so called “ultra rich” category. The social and economic viability is one of the major attractions of the beautiful city of Akron.

So, what are you waiting for? Get pre approved with a mortgage broker and contact a real estate agent today. A qualified Akron OH Real Estate Agent can help you find your dream home and an Ohio Mortgage Professional will help you find a loan program that meets your needs. See you soon you in Akron!

MyRefi.com is ready to help you will all of your Akron OH Real Estate needs. Get prequalifed for an Ohio Mortgage or search for available homes in OH today!

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