The Central Ohio residential real estate market in December 2024 remains dynamic, shaped by several key trends: Inventory and Demand:We continue to see a booming seller market. This is primarily due to a combination of two factors. It is the simple law of supply and demand. First, supply remains low as many homeowners choose to […]
The dust is settling from the 2024 elections, and while headlines swirl with big-ticket issues, real estate investors and homeowners in Central Ohio are starting to calculate how policy shifts may impact their local market. As one of the fastest-growing real estate markets in the Midwest, Central Ohio consistently draws interest from both investors and […]
If you’re in the market to buy or refinance a home, you might’ve celebrated when you heard about the Federal Reserve’s recent rate cut. Many people assume that when the Fed lowers rates, mortgage interest rates will follow. But if you’ve been watching the market, you might have noticed that mortgage rates didn’t budge—or even […]
Hello, Central Ohio! I’m Kyle Alfriend with Alfriend Group, bringing you your November 2024 real estate market update. Let’s dive into what’s happening right now in our market and what you can expect as we wrap up the year. Housing Demand & Inventory Inventory is tight – no surprise there – with available homes lower […]
When it comes to real estate in Ohio, there’s one thing you’ve got to understand upfront: property taxes. They’re often an afterthought, but property taxes can be a game-changer when it comes to buying, selling, or deciding where to invest. Here in Central Ohio, taxes vary widely between communities, and knowing the ins and outs […]
If you’re ready to dive into the real estate market but feel like your finances and credit score might hold you back, don’t worry. You’ve got options. Let’s break down four popular mortgage programs that can make your homeownership dreams a reality.
The National Association of Realtors (NAR) recently settled multiple lawsuits with home sellers, agreeing to pay out $418 million and implement significant rule changes for Multiple Listing Services (MLS) and real estate agent practices. These changes, effective in August, have sparked a range of reactions—from panic to indifference. Major headlines, such as CNN’s “The 6% […]
As the housing market continues to tighten, with rising prices and bidding wars, many buyers are looking at lower-priced homes that require some updates. This makes sense. With most buyers seeking move-in ready homes in excellent condition, buyers willing to do some updates can get some great discounts on their home purchases. But then comes […]
Understanding Ohio tenant-landlord laws is crucial for every landlord to ensure they comply with legal requirements and foster a positive relationship with tenants. I share this as a broad overview from my 35+ years of experience as a landlord and real estate investor. However, I am not an attorney. Before taking any actions or creating […]
Selling a home can be one of the most stressful experiences of your life, but it doesn’t have to be. According to CNBC, nearly 40% of Americans cry during the process of selling their home. That sounds like a mental health crisis and a possible divorce waiting to happen. To help you avoid that, here […]
