Housing Market Update Despite an increase in interest rates, home sales hit a record high in May! In 2021 the average sales price in May was $315,127 while, last month, the average sales price reached $353,116, a 12.1% increase. Furthermore, fewer homes in Central Ohio required a change in the list price compared to last year. […]
Finding a perfect home for you and your family sounds like a pretty big challenge. You will have to think about multiple things at once, like providing a safe and interesting environment for everyone. Ohio is the state that is good for raising a family in general, but you will need to narrow down your […]
Home flipping is a booming business. And while it takes a lot of money to get started as a house flipper, there are ways that seniors can get involved in this lucrative trade. It also doesn’t require the commitment of buying and renovating properties full-time as many other businesses do. Instead, you can dip your […]
Moving houses can be a stressful event, especially if you’re doing it for the first time. Thankfully, we live in times where everyone can share their experience so you can learn from other people’s mistakes and make the right decisions. When it comes to relocating, preparation is key. Starting early and working with a checklist, […]
You’re about to get the keys to a home you can see yourself living in for years to come. But some problems have cropped up that are making you nervous about closing on the house. Here are a few issues that are present in lots of homes for sale and how you can fix them […]
A crack in your pool is a serious problem that needs to be fixed immediately. Luckily, fixing small cracks is a lot easier than you might think, and most people can also repair larger cracks without professional help, although the process is somewhat more involved. If you don’t currently have a crack in your pool […]
Housing Market Update Continued low inventory combined with rising interest rates is taking its toll on the local housing market! In 2021 buyers purchased 83.2% of available homes. So far in 2022, inventory is 11.6% higher than last spring because buyers are now only purchasing 80% of the homes available. Interest rates on a 30-year fixed rate have […]
There are many reasons why you would need to move to Ohio. Maybe you landed a better job; perhaps you want to be closer to your family; maybe your loved one is from a city in Ohio, etc. Even though these are more than legitimate reasons to move to Ohio, you still might have some […]
Homeowners at or over 62 years of age may qualify for a reverse mortgage. It allows you to use the equity in your home to cover expenses by putting cash in your pocket. You can also use a reverse mortgage to secure a new line of credit. Reversal mortgages do not come with monthly payments […]
Housing Market Update The increase in sale prices combined with the increase interest rates is already impacting overall home sales in Central Ohio! Over the last couple of years, nine out of ten homes listed were sold. 91.3% of homes listed were sold in 2021, and the average was 92.8% in 2020; however, for the […]
