Central Ohio Housing Market Update The year 2016 is off to a great start already with average sale prices up 6% and number of homes sold up 9% over last year. This is a similar trend to what we experienced in 2015, however inventory is beginning to be less of a concern for buyers. […]
All posts by The Alfriend Group
Should Landlords Prorate February Rent?
You might have a plausible argument for wanting discounted rent for the shortest month of the year, but here’s why it probably won’t happen. If rent is based on usage, it seems like you should pay less rent during the 28 (or 29!) days of February than you do in other, longer months. After all, […]
Real Estate Update: January 2016
Central Ohio Housing Market Update In 2015, Central Ohio experienced some of the greatest real estate growth we have experienced in a long-time. A record-setting 29,408 homes were sold last year, exceeding the previous record from the housing boom of 2005! That being said, inventory is still down. In fact, there are just over […]
Why Your Kids [and you] Should Be Buying Investment Properties
Below is a great article from Brandon Turner, a contributor to Entrepreneur Magazine. It lays out in easy to understand terms why investing in real estate is so important for all investors – especially young investors who can build up a huge portfolio of properties over time. Enjoy . . . and share it with […]
Strong Outlook for Green Homes
As the housing market continues to boom, green homes are becoming increasingly important to homebuyers. This is according to a new study conducted by Dodge Data & Analytics, in partnership with the National Association of Home Builders (NAHB). The study surveyed 232 builders and remodelers from across the U.S. They found that over half […]
5 Tricks to Keep Your Pipes from Exploding this Winter
New homeowners may have heard that winterization is important, but in the hubbub of your first year living in a home you own (finally!), it can be easy to overlook the need to prepare for the cold weather ahead. After all, it’s just not something renters deal with; prepping pipes for winter is often the landlord’s job. […]
Mortgage Myths Debunked
Buying your first home is one of the most intimidating and overwhelming purchases that we make in our adult lives. The idea of a mortgage can be daunting, and may make you question your creditworthiness, your financial obligations as a mortgage holder, and what it means to have a home as an investment. Often times, […]
5 Things to Look for at an Open House
If you’re looking for a new home, or your first home, you may feel overwhelmed by all of the options and decisions. So, you’ve found a great listing online that looks like your dream home, but now what? Before you head to that open house, remind yourself to look for these five things that can […]
Selling a Home in 2016? What You Need to Know
Selling a home can be a stressful experience. If you expect to put your home on the block at some point in 2016, here are some key factors for you to keep in mind before you address issues and concerns to make the best possible deal. It’s a seller’s market … Many homeowners remember the […]
Real Estate Update: November 2015
Central Ohio Housing Market Update Although inventory remains low, nearly 3,000 new homes were added to the market this October, 7% more than this time last year. Despite the low inventory, homes are continuing to sell. Last month, 2,348 homes sold, making October 2015 the 2nd most productive October in Central Ohio history. Due to […]