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 […]
Franklin County is going through a Mass Reappraisal Process, required every 6 years. Are Real Estate taxes going up? What is the Mass Reappraisal Process? Ohio county auditors are required by state law to update property values every six years. Franklin County, among other counties, are currently going through their mass reappraisal, with new values […]
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. […]
Housing Market Update Continued low inventory and fervent buyer demand led to record sales prices again in 2021! Pandemic-induced changes to housing needs and preferences is still highly impacting the Central Ohio real estate market. Such a disproportionate amount of homes on the market compared to the number of buyers led to another year of […]
If you’re looking to improve your cash flow with a steady stream of income, an investment property in Ohio could be a smart, lucrative choice. People have built strong businesses for themselves in renting out homes, condos, and apartments in the Buckeye State. Though it takes hard work and dedication, it’s possible to set yourself […]
Housing Market Update Spring is here, and although more homes are on the market, demand still far exceeds supply, continuing to drive prices up and days on market down! We are starting to see more homes hit the market now that warmer temperatures are upon us, but last month there were 17% fewer listings than […]
A survey of about 5000 U.S. real estate agents has been conducted recently by Real Estate Bees. In this survey, they wanted to find out if realtors believe in a looming economic recession and how those who do are preparing for it. Real Estate Bees published the results of their survey as an extensive article. […]
A home sale or purchase is a big deal on both sides. However, a buyer and a seller have totally different goals and various ways to reach them. Agents are there to help them get the best possible deals regardless of which side they represent. Taking them out of the equation means creating chaos that […]
Buying a new home is a long and stressful experience, but when all is said and done, moving into a new space is well worth the effort. The Alfriend Group knows all too well that moving into a new home is always an occasion worth celebrating! And what’s a celebration without a few presents? Whether […]
We’ve all heard it before: Bigger is Better. That has been the prevailing wisdom in America for a long time but the reality is a bit more complicated. Many people are rethinking this notion when it comes to the size of their home. For example, the size of an average single-family home increased to more […]
