SIDNEY — HER Realtors is known for its innovation, and has been the leader in the real estate industry in Ohio since the 1960’s. HER continues to grow despite the ever changing market and economy and are celebrating our 60th anniversary this year.

“In 2015, we saw some pretty significant recovery for new construction, resale homes, pricing and also experienced some conditions we have rarely seen with bidding wars and “coming soon” marketing techniques,” said Matthew Watercutter, HER Realtors broker.

His report continues:

We have started into 2016 right where we left off in 2015 with momentum continuing forward, while adjusting to the new CFPB regulations and resulting business models and methods. HER Realtors realized more growth in 2015 than the Greater Miami Valley as a whole. Our agent base grew by 6.2 percent over last year, while our transaction count grew by nearly 18%. Home prices were also up an average of 4.7 percent in the area. Prices should continue conservatively upward as long as there is no major financial crisis on a larger scale.

The major determining factors facing real estate in 2016 are the election year, which can dampen sales as people “wait to see what happens”, the overall health of the economy, rising interest rates and growing government regulation which can increase the cost and qualification for home ownership. All of these factors can present real challenges to the industry as a whole.

A big trend, visible throughout the area, is the growth in higher end rental communities. These are to meet the demand of the millennial’s as they enter the market – demographics studies show many currently want the freedom, lifestyle and amenities offered by these newer complexes. Boomers have raised their families and are downsizing to townhouses, condos, smaller homes and secondary homes. Gen X and Y’s are in the middle.

With strong core services and family values, 2016 is going to be another impressive year for HER Realtors.

The business is located at 124 N. Main Ave., Sidney.