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 […]
Tag Archives: real estate
November 2024 Central Ohio Market Update
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 […]
The 6 Most Common Home Seller Mistakes to Avoid:
Selling your home in the current market is easy. Getting the highest and best price takes a little more effort. Here are six common mistakes to avoid. Mistake #1 – Selling Your Home Before It’s Physically Ready First impressions matter. Listing your home before it’s fully prepared is like launching a product with unresolved defects—it […]
September 2024 Real Estate Market Forecast
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 […]
Why Am I Getting Unsolicited Offers to Buy My Home? Here’s Why.
The New World of Real Estate: Post-NAR Settlement
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 […]
The Impact of Outdoor Amenities on Property Resale Value
Outdoor amenities such as living spaces, kitchen areas, fire pits, and swim spas can add a lot of value to a home. Buyers want functionality and aesthetics. In addition to specifying bedrooms and bathrooms, many buyers note a desire for entertaining space and places to relax. Outdoor amenities can be the answer to both of […]
4 Popular Mortgage Programs for First-Time Home Buyers
Strategies for Success
A Seasoned Investors Guide for Investing in Today’s Market Have you been eyeing the real estate market, waiting for the perfect moment to dive in? Well, let me tell you, there’s no time like the present. As someone with 35 years of experience navigating the twists and turns of real estate, I’ve seen markets evolve, […]
Columbus / Central Ohio Real Estate Market: Prices, Trends, & Forecast of 2023
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 […]