Housing Market Update COVID-19 remains a serious concern, but many still have to sell while others want to take advantage of low interest rates, so real estate continues! Despite continued school and business closings, many homeowners have no choice, but to sell their homes; and, interest rates remain at record lows which continues to attract […]
Tag Archives: housing market update
Central Ohio Real Estate Update: February 2020
Housing Market Update It’s been rather a warm winter so far; thus, the real estate market remains quite hot! New listings in January jumped to 2,407, an increase of 10.4 percent from a year ago and up 61.9 percent from the previous month according to Columbus REALTORS® Multiple Listing Service. “The infusion of new inventory helped feed […]
Central Ohio Real Estate Update: January 2020
Housing Market Update It’s a new year, so why not start fresh with a brand new home? Last year, the strength of the overall economy fueled the real estate market. With lower unemployment rates, higher wages, and a reduction in mortgage rates, more and more buyers flooded the market. “With a strong economy and low […]
Central Ohio Real Estate Update: December 2019
Housing Market Update Tis the season of celebrations and new beginnings, and what a better way to ring in the New Year than in a new home! With continued rise in demand and with how quickly homes have sold, Columbus has remained in the list of top ten hottest real estate markets in America since March […]
Central Ohio Real Estate Update: November 2019
Housing Market Update The holidays are upon us, and a new a home for the new year would be a wonderful gift for the whole family! Favorable interest rates, new inventory, a rise in sales contracts and strong price growth contributed to keeping the housing market active last month according to the Columbus REALTORS® Multiple […]
Central Ohio Real Estate Update: October 2019
Housing Market Update Leaves may be falling, but sales prices are still holding strong here in Central Ohio; so, contact me today to list your home before the holidays! Last month, homes continued to sell at higher prices than the previous month. The average sales price of a home in September was $239,564, a 3.2% […]
Central Ohio Real Estate Update: September 2019
Housing Market Update Fall is here, and it is still a great time to list your home before the holidays are upon us! With a decrease in overall inventory, buyers get excited to see a new listing added to the market. The reduced competition combined with an increase in average sales prices, make it an […]
Central Ohio Real Estate Update: August 2019
Housing Market Update Summer break may be over, but the Central Ohio real estate market is still in full swing! Homes are still being listed, and buyers are still scheduling showings and attending open houses. Also, new condo guidelines released last week may open up more possibilities for first-time home buyers. There were 3,334 central Ohio homes […]
Central Ohio Real Estate Update: June 2019
Housing Market Update Summer is here, and the Central Ohio real estate market remains very hot! Columbus, Ohio has remained in the list of top ten hottest real estate markets in America since March 2018, based on rising demand and how long it takes to sell a home. There were over 3,200 home sales last month […]
Central Ohio Real Estate Update: February 2019
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 […]