Weak market for upscale homes,agent tells MEDI, Mayor talks water
Real estate agent Lori Heerey told Marion Economic Development Inc. on Tuesday that homes priced at $150,000 or more aren’t selling well in town right now, and that there is a lot of demand for rental houses.
Heerey said the demand for higher-end homes is not there because of tax bills. Houses between $75,000 and $125,000 sell the best, she said.
She said she has 30 homes listed just in Marion over a wide range of prices. Many are available because of senior citizens moving out of their homes and into apartments or assisted living.
“I don’t feel like we have a lot of people just running out of town,” she said.
Heerey said she expects sales to pick up now that the school year is essentially over and the summer moving season is ready to begin.
In other business:
- Todd Heitschmidt reported that Ace Hardware opened at 8 a.m. Monday and had its first customer at 8:01 a.m.
- Heitschmidt said CiboTech is ahead of schedule in picking up clients for its food forensics lab services.
- Heitschmidt and Mike Powers reported on fundraising for new bathrooms in Central Park. Between donations and pledges, Marion Advancement Campaign has about half of the estimated $100,000 cost. If goals are met, construction will be in spring 2015.
- Jones said he was approached by someone interested in opening a business in Marion or Florence. He showed them several possible buildings to locate in.