Housing Market Update Continued low inventory and fervent buyer demand led to record sales prices again in 2021! Pandemic-induced changes to housing needs and preferences is still highly impacting the Central Ohio real estate market. Such a disproportionate amount of homes on the market compared to the number of buyers led to another year of […]
LAUREN NOWACKI9-MINUTE READ On April 22, 1970, America celebrated its first Earth Day. It helped create more public awareness of the issues facing our planet. While we have made great strides in combating some of these issues in the last 50 years, there is still much to be done. One area that needs work is […]
Housing Market Update Despite a pandemic and all the resulting challenges faced in 2020, the Central Ohio housing market remained strong! Central Ohio home sales prices are at record highs and homes are selling in record time, whereas inventory is at a record low according to the Columbus REALTORS® Multiple Listing Service. Over 2,900 homes […]
Housing Market Update The Central Ohio real estate market experienced another significant increase in home sales last month, despite declining inventory! 3,234 homes and condos sold last month, which is a 19% increase from this time last year; and, year-to-date sales are almost 3% higher than last years. However, inventory is less than half of what […]
Housing Market Update Buyers are flooding the market due to record low interest rates causing real estate sales prices to reach record highs! Not only did prices increase last month, but home sales, contracts, and new listings rose in May 2020. Last month, 2,542 homes were sold, up 11.6% from April. 3,232 homes were added […]
Housing Market Update With low interest rates and inventory, bidding wars and quick sales are keeping real estate sales prices at record highs! Although still ahead of last year for the first four months of the year, April home sales fell 15.1%, and inventory levels dropped 13.3%. With less homes on the market, but still […]
Question: Are Real Estate services considered Essential Businesses and Operations and are you still able to buy or sell a home during The Ohio Stay at Home Order? Answer: YES. The following Financial and Insurance Institutions, as pertaining to real estate, are considered Essential: Real Estate Services including Appraisal and Title Services Critical Trades including […]
Housing Market Update It’s a new year, so why not start fresh with a brand new home? Last year, the strength of the overall economy fueled the real estate market. With lower unemployment rates, higher wages, and a reduction in mortgage rates, more and more buyers flooded the market. “With a strong economy and low […]
As anyone who lives with a disability knows, the handicap-accessible housing market is a work in progress. According to the U.S. Department of Housing and Urban Development, “fewer than 5 percent” of homes can accommodate “moderate mobility difficulties.” Although it can be difficult to find an accessible home, you have some options. Many people purchase […]
Housing Market Update Tis the season of celebrations and new beginnings, and what a better way to ring in the New Year than in a new home! With continued rise in demand and with how quickly homes have sold, Columbus has remained in the list of top ten hottest real estate markets in America since March […]
