What are we seeing this season? There are FOUR big factors. Low Inventory Currently, nationwide, we have 3.8 million more buyers than sellers. And there is little expectation this will change soon. The low inventory numbers are cause by two main factors. First, many homeowners locked into the low mortgage rates of 2022. According to […]
The growing farmhouse trend has made lighter exterior colors the top choice of most homeowners. According to a national survey by The Harris Poll, the majority of homeowners plan to lighten their exteriors with trending neutral colors. The survey was commissioned by Alside a leading brand of exterior building products such as ASCEND Composite Cladding, to […]
Many homeowners we speak with are still concerned that we may be approaching a repeat of the 2008 housing crash when property values collapsed and foreclosures spiked. The concern is understandable. The memory of that market haunts many. In fact, a recent survey by Lending Tree reported that 41% of Americans say they fear a […]
Purchasing a new home is an incredibly exciting milestone, however, it’s also a huge investment and a long-term commitment. Being certain you’re making the right decision before finalizing the deal can be stressful, but also essential. There are a lot of things to consider before committing to a new home and you may be unsure […]
The Pros and Cons of Adjustable Rate Mortgages With mortgage rates remaining higher, many buyers are considering adjustable-rate mortgages (ARM) for their future home purchase. While fixed-rate mortgages provide homeowners with the same interest rate for the duration of their loan, interest rates for adjustable-rate mortgages can change over time. These loans are more complex […]
Last week as I was coming back from the Irish Festival, a friend of mine reached out to me out of the blue about a conversation we had a little while back. He said he was looking to start building a rental portfolio and asked “What are 3 things you wish you knew before getting […]
Handling a multi-state living arrangement comes with some unique challenges, especially for pet owners who want to enjoy both homes with their animal companions. As one example, you might look to own Ohio real estate with the help of The Alfriend Group as well as a vacation home in Florida. This gives you the opportunity […]
Housing Market Update Rising interest rates and inflation are beginning to take their toll on the local real estate market! Last month, homes sales dropped 9.7% while pending sales were down 14% suggesting July sales will also be down from last year. “Higher interest rates and inflation along with escalating home prices are all working […]
It takes a lot to appeal to renters in the competitive housing market in Columbus, OH, and things are especially demanding in Dublin and the surrounding townships. If you want your place to stand out and draw potential renters, you need the best curb appeal, a good business structure, and high-quality images and promotional materials. […]
As the housing market in Ohio continues to hit its all-time highs, every stage in the process of home buying becomes even more essential. As a buyer, one of the breaking points of your journey is the moment when you start visiting houses you consider buying. We have some advice for you on the open […]
