Rural renewal: As housing market rebounds, so does help

Randall Webster answered questions on behalf of the Franklin County Community Development and Land T Photo available for purchase

Randall Webster answered questions on behalf of the Franklin County Community Development and Land Trust Corporation.

David Adlerstein
Published: Wednesday, August 28, 2013 at 12:31 PM.

When the housing market imploded, toppled and fell, in Franklin County every bit as much as throughout the state and nation, its pieces scattered.

Two local banks here disappeared, gathered up by larger regional ones, and the once robust ranks of realtors thinned considerably, some abandoning the quest altogether to sell property and others venturing into more promising pursuits.

Housing prices dropped, which put some homes in the reach of buyers, if only they could secure the resources to purchase them.

On Saturday, at a workshop hosted by the community land trust, grown from seeds sown by the Friends of the Public Library’s youth program, and held at the realtors association’s offices, buyers in search of home ownership got answers to their questions.

The workshop brought together all the important players in the game being played out now in a changing  housing market.

“Basically the market is doing well,” said Gloria Salinard, director of the realtors association that serves Franklin and Gulf counties, out of offices in a repurposed  Avenue E building that succeeded where Dr. Photis Nichols long treated patients.

“Inventory is down. The market has stabilized,” she said. “Cash sales are up, and there are a lot less foreclosures in the inventory.”



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