TOLEDO, OH (Toledo News Now) - The cold winter didn't stop people from buying homes this year and according to realtors business in going great.
The Toledo Regional Association of Realtors says sales rose 26 percent this February over last February. ReMax Preferred Associates says they're seeing the same thing.
According to ReMax, the first quarter of this year has been great, so far exceeding 2014. Broker and co-owner John Mangas says weather may have played a role.
He says bad winters in 2013 and 2014 slowed down the housing market, but so far this year there's been a resurgence in the marketplace.
For ReMax, they're seeing a lot of generation y and millennials that want to buy homes.
Mangas says the costs of homes and low interest rates are what is creating more buyers and he expects the strong sales market to continue.
"We feel that the housing market's going to continue to pick up steam, gaining momentum through the normal selling cycle. Typically that takes us into the holiday season. So we're feeling like 2015 should be a very strong year," said Mangas.
If you're thinking about getting into the housing market this year, Mangas says make sure your finances are in line by talking to a realtor and lender. And if you don't see what you're looking for, new homes come on the market every day. ?
Follow Toledo News Now: