Realtors in Franklin County are optimistic about this year’s real estate market | Local News


With low interest rates on mortgages and high demand for housing driving up sales prices, Franklin County Realtors see the strong residential market continuing in 2022.

“The only things down are average amount of days on the market — that’s been low — and inventory — our inventories are very low,” said Steve Luecker, president of the Franklin County Board of Realtors (FCBR). “I know the builders are building as fast as they can and that demand has not slowed down at this point, so it’s looking like it’s going to be a very, very good year again.”

Last year in Franklin County, 1,367 houses were sold, up from 1,296 the year before, according to the FCBR. In 2021, the average price of a home sold in Franklin County increased 15.3 percent from 2020, jumping from $213,477 to…

Read more…