Housing Market Update
Spring is here, and so are the home buyers! 1,741 homes were sold last month which was 3.7% higher than this time last year, and 8.9% higher than in January 2019.
After peaking late last year at just over five percent, home mortgage rates have come down a half percent (or more) giving buyers the option of more home for their money.
“As mortgage interest rates have come down, more buyers have re-entered the market and competition remains fierce,” said John Myers, 2019 Columbus REALTORS® President. “REALTORS® report that, if a house comes on the market that is in good condition and is realistically priced, it is likely to sell quickly.”
Prices, also, continue to increase. The median price of a home sold in February was $189,700, an increase of 7.2 percent from a year ago. The average sale price was $220,694, an increase of 4.7 percent over February 2018.
“As spring approaches, we’re going to see more houses listed for sale,” added Myers. “Sellers can take full advantage of the low inventory and higher prices by listing their home now.”
So, if you are looking to sell your home in 2019, this is a great time. Buyers are flooding the market, and sales prices continue to rise, yielding more proceeds!
For a detailed report on your neighborhood, contact The Alfriend Group today at (614) 395-1776 or email us at info@alfriendgroup.com.
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Thanks for sharing your ideas on this blog. Also, a misconception regarding the banking companies intentions any time talking about foreclosed is that the bank will not have my payments. There is a certain amount of time that the bank will take payments in some places. If you are far too deep in the hole, they’re going to commonly desire that you pay the payment fully. However, i am not saying that they will have any sort of installments at all. If you and the lender can manage to work some thing out, this foreclosure approach may cease. However, in the event you continue to skip payments beneath new approach, the property foreclosures process can pick up where it left off.
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One thing I have actually noticed is there are plenty of myths regarding the financial institutions intentions whenever talking about property foreclosures. One fantasy in particular would be the fact the bank desires your house. The bank wants your hard earned money, not your own home. They want the amount of money they gave you along with interest. Avoiding the bank will only draw some sort of foreclosed summary. Thanks for your publication.
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Another thing I’ve noticed is the fact that for many people, poor credit is the response to circumstances outside of their control. Such as they may be really saddled by having an illness so they have high bills for collections. It could be due to a job loss or inability to do the job. Sometimes divorce or separation can truly send the finances in an opposite direction. Many thanks for sharing your ideas on this blog.
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I have discovered that sensible real estate agents almost everywhere are Marketing and advertising. They are recognizing that it’s more than simply placing a poster in the front place. It’s really in relation to building relationships with these retailers who later will become consumers. So, if you give your time and effort to supporting these dealers go it alone — the “Law associated with Reciprocity” kicks in. Thanks for your blog post.
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Thanks for your write-up. One other thing is that individual states have their own laws that affect property owners, which makes it very hard for the the nation’s lawmakers to come up with a whole new set of recommendations concerning foreclosures on property owners. The problem is that a state has got own laws which may have interaction in an unwanted manner in terms of foreclosure policies.
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Good blog post. The things i would like to bring up is that laptop memory ought to be purchased when your computer is unable to cope with that which you do by using it. One can put in two good old ram boards containing 1GB each, in particular, but not one of 1GB and one with 2GB. One should check the maker’s documentation for the PC to make certain what type of storage is required.
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I have noticed that online degree is getting popular because attaining your degree online has developed into a popular selection for many people. A huge number of people have not really had an opportunity to attend a normal college or university however seek the raised earning potential and career advancement that a Bachelor’s Degree affords. Still people might have a degree in one course but wish to pursue one thing they already have an interest in.
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Another issue is that video games are typically serious naturally with the key focus on learning rather than leisure. Although, it comes with an entertainment element to keep the kids engaged, just about every game is frequently designed to work with a specific group of skills or programs, such as mathematics or scientific disciplines. Thanks for your publication.
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Thanks for these pointers. One thing I should also believe is that often credit cards featuring a 0 interest often entice consumers in zero rate, instant authorization and easy internet balance transfers, however beware of the number one factor that will certainly void the 0 easy street annual percentage rate and also throw anybody out into the poor house quick.
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