As we step into September 2024, the Central Ohio real estate market is moving with a distinct rhythm. Change is the only constant reality of the housing market. And the key to thriving? Anticipating and adapting in the midst of these changes. Inventory and Demand Dynamics Central Ohio continues to see a limited inventory of […]
The #1 question I’m being asked lately: “What do you think of the upcoming NAR (National Association of Realtors) Settlement?” In one word? Fantastic. Now, I know that might shock a lot of my fellow realtors and brokers. They’re worried about disruption, potential income reduction, and the general upheaval this settlement might cause. But here’s […]
Hey there, home buyers! If you’re on the hunt for a new home in Central Ohio, you’ve probably noticed that the market is sizzling hot. In a seller’s market, homes fly off the shelves, and buyers face stiff competition. But don’t worry—I’m here to help you craft an offer that stands out. Let’s dive into […]
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.
Stabilizing mortgage rates have been a key factor in Central Ohio continuing its consistent growth. The inventory numbers are improving, but high demand continues to outpace the supply. As a result, we hit a new high in the median sales price of $320,000. This surge represents a 6.1% growth, surpassing theprevious highest monthly median sales […]
Mortgage rates were back on the rise this week. For the average home buyer, the rate jump translates to an average monthly payment of $2,126, an increase of more than $280. With these rate increases, more and more buyers are looking into ARM’s (Adjustable-Rate Mortgages) to purchase their homes. Should You Consider an ARM? What […]
Buying a second home can be a significant financial commitment, but it can also bring variousbenefits. Whether you’re considering real estate investing or simply looking for a getaway, it’simportant to carefully assess the financial aspects and conduct thorough research before deciding.Here’s a summary of the key points to consider when buying a second home: 1. […]
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 […]
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 […]
