Housing Market Update Summer is near, and the Central Ohio real estate market is hot! Demand continues to outpace supply causing homes to sell in record time, and at record prices. The average days on market for homes under $350,000 was only 26 days in the month of April. Homes priced between $350,000 – $500,000 […]
Property preservation companies are responsible for managing the needs of a foreclosed residential or commercial property. They provide services such as renovations, maintenance, or repair, and cleaning services, just to name a few. As someone who wants to venture into a property preservation business, it is essential to know the possible challenges you may face. […]
Nowadays, the competition in the real estate market is highly severe. The increasing number of properties for sale enables potential buyers to set high demands and requirements when looking for their perfect home. Understandably, sellers are those who have to strive hard and give their maximum to make their property attractive and worth considering. How […]
America prides itself on being the land of opportunity and the land of possibilities. The land of dreams. One’s dream usually includes having a nice, interesting life, fulfilling job, devoted friends and a loving family. In addition, owning a house or an apartment is an essential part of the American dream. And this is true […]
Housing Market Update The weather is getting hot, and so is the Central Ohio real estate market! The Columbus area was ranked #1 hottest housing market in March by Realtor.com based on home listing activity and days on the market. One thousand more homes were listed for sale in March than in February which generated increased […]
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) […]
Housing Market Update Central Ohio inventory takes a big jump in January. 2,181 homes were added to the market last month which is a 55% increase from December, and a 13.1% increase from this time last year. “Even with a 55 percent increase in homes listed last month, we have strong demand for more homes […]
Housing Market Update Fall is near, but home prices are still high due to continued low inventory. However, higher priced homes that did not sell during the Summer market, are having to reduce their prices due to a limited buyer pool. Inventory on homes and condos for sale in Central Ohio last month was 5,429, […]
For more information on Central Ohio real estate, be sure to visit our website, www.alfriendgroup.com! Central Ohio Housing Market Update – So far, 2017 is looking a lot like 2016. Despite 2,170 homes being added to the market (just 2% less than last year), inventory remains at an all-time low. We’re seeing a mass influx of newcomers to Central Ohio, and the supply simply […]
Winter is absolutely a great time to sell your home! Winter buyers are very motivated, and the inventory is incredibly low. Most buyers prefer to buy and move in the spring or summer. Therefore, most winter buyers are in the market due to an unplanned event. Typically winter buyers are driven by a job relocation […]
