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Realtors president expects growth

WARREN – Transitioning from managing an apartment complex to selling houses seemed like a logical step for Theresa Liguori-Thompson.

Liguori-Thompson, a real estate agent since 2001, said she has approached each job with the goal of helping someone find the right home.

“They’re really very similar areas when you think about it,” she said. “One is an apartment, the other is a house, but both are places for people to live, and it’s important to help people find the right place, the right home.”

Liguori-Thompson, a top agent with Howard Hanna Real Estate Services, has taken over the president’s seat at the Warren Area Board of Realtors for 2016. She served as the organization’s treasurer for several years before moving on to president-elect and now president.

Founded in 1917, WABOR is made up of licensed real estate agents and licensed brokers; affiliate members engaged in some aspect of the real estate industry; and nonprofit community organizations.

According to the new president, one of the biggest challenges local real estate professionals are facing is the shortage of inventory.

“Homeowners aren’t selling their houses at the same pace they have in the past,” she said. “If it’s not on the market, you can’t sell it.”

Despite the shortage, home sales in Trumbull County increased 8.3 percent last year compared with 2014. Statistics show that’s in spite of a 2.5 percent decline in listings. Also of note is that the median sales prices increased 7.4 percent last year from $74,000 in 2014 to $79,500 in 2015.

“We have one of the best housing markets in the country when it comes to price-per-square-foot,” Liguori-Thompson said. “The challenge is that our job market isn’t the greatest. I don’t think we’ve come back from where we were before the loss of the local steel industry. But I believe that’s going to change. Trumbull County is a great community with a lot of great school systems, we have great lenders willing to work with (home) buyers. Last year was great overall, and I think this year will be a good one as well. I believe the trend will continue.”

Liguori-Thompson said as WABOR president one of her primary goals this year will be to promote cooperation among area real estate agents.

“As president a lot of what you do is about keeping things orderly, keeping the meetings going,” she said. “But I want to see everyone continue to work together for the common goal to help our clients buy and sell houses, to be facilitators who help in that process.

“I want to get more involved, to meet more people and be even more involved in the community. It is more exposure and good for your business. But there’s a great bunch of people on the board and there’s that aspect of being part of the community, working within the group that is important to me as well. I grew up in this area and for me it’s a great place to be.”

Liguori-Thompson was recognized for national sales excellence and as a top producer for 2013 and 2104, an honor given for leading sales in residential real estate in North America. She has also been a top agent at the Howard Hanna-Howland office since 2000 and has been an Ohio Association of Realtors President Sales Club member since 2004.

Liguori-Thompson said serving as a WABOR officer is typically a four-year commitment. She was on the board of directors when she was elected treasurer. The treasurer moves into the president-elect position, then the president’s seat and finally past president’s role.

“When I became treasurer I wanted to stay in that position a little longer. You’re usually in each position one year, but I felt there was a lot more I wanted to learn and I wasn’t ready, I didn’t want to move up that fast,” she explained. “My peers graciously allowed me to do that. I’ve learned a lot and I’m ready now. I’m looking forward to the rest of this year.”

Liguori-Thompson was raised in Niles and now lives in Girard with her husband, Tom Thompson. They have a daughter, Maria, who attends Youngstown State University.

vshank@tribtoday.com

Realtors president expects growth

WARREN – Transitioning from managing an apartment complex to selling houses seemed like a logical step for Theresa Liguori-Thompson.

Liguori-Thompson, a real estate agent since 2001, said she has approached each job with the goal of helping someone find the right home.

“They’re really very similar areas when you think about it,” she said. “One is an apartment, the other is a house, but both are places for people to live, and it’s important to help people find the right place, the right home.”

Liguori-Thompson, a top agent with Howard Hanna Real Estate Services, has taken over the president’s seat at the Warren Area Board of Realtors for 2016. She served as the organization’s treasurer for several years before moving on to president-elect and now president.

Founded in 1917, WABOR is made up of licensed real estate agents and licensed brokers; affiliate members engaged in some aspect of the real estate industry; and nonprofit community organizations.

According to the new president, one of the biggest challenges local real estate professionals are facing is the shortage of inventory.

“Homeowners aren’t selling their houses at the same pace they have in the past,” she said. “If it’s not on the market, you can’t sell it.”

Despite the shortage, home sales in Trumbull County increased 8.3 percent last year compared with 2014. Statistics show that’s in spite of a 2.5 percent decline in listings. Also of note is that the median sales prices increased 7.4 percent last year from $74,000 in 2014 to $79,500 in 2015.

“We have one of the best housing markets in the country when it comes to price-per-square-foot,” Liguori-Thompson said. “The challenge is that our job market isn’t the greatest. I don’t think we’ve come back from where we were before the loss of the local steel industry. But I believe that’s going to change. Trumbull County is a great community with a lot of great school systems, we have great lenders willing to work with (home) buyers. Last year was great overall, and I think this year will be a good one as well. I believe the trend will continue.”

Liguori-Thompson said as WABOR president one of her primary goals this year will be to promote cooperation among area real estate agents.

“As president a lot of what you do is about keeping things orderly, keeping the meetings going,” she said. “But I want to see everyone continue to work together for the common goal to help our clients buy and sell houses, to be facilitators who help in that process.

“I want to get more involved, to meet more people and be even more involved in the community. It is more exposure and good for your business. But there’s a great bunch of people on the board and there’s that aspect of being part of the community, working within the group that is important to me as well. I grew up in this area and for me it’s a great place to be.”

Liguori-Thompson was recognized for national sales excellence and as a top producer for 2013 and 2104, an honor given for leading sales in residential real estate in North America. She has also been a top agent at the Howard Hanna-Howland office since 2000 and has been an Ohio Association of Realtors President Sales Club member since 2004.

Liguori-Thompson said serving as a WABOR officer is typically a four-year commitment. She was on the board of directors when she was elected treasurer. The treasurer moves into the president-elect position, then the president’s seat and finally past president’s role.

“When I became treasurer I wanted to stay in that position a little longer. You’re usually in each position one year, but I felt there was a lot more I wanted to learn and I wasn’t ready, I didn’t want to move up that fast,” she explained. “My peers graciously allowed me to do that. I’ve learned a lot and I’m ready now. I’m looking forward to the rest of this year.”

Liguori-Thompson was raised in Niles and now lives in Girard with her husband, Tom Thompson. They have a daughter, Maria, who attends Youngstown State University.

vshank@tribtoday.com