by Susanne Novak | Apr 1, 2019 | Buyer Tips
Last week the average interest rate for a 30-year fixed mortgage dropped to 4.06%. A year ago, it was around 4.40%. According to CNBC this is the largest decline in 10 years. The drop-in interest rates was somewhat surprising. Most experts have predicted rates above...
by Susanne Novak | Mar 25, 2019 | Market Updates
The latest Housing Report was just released by the Columbus Association of Realtors. It clearly shows that the market is heating up again. Lots of buyers are looking for homes below $400,000, but there are not enough listings. The inventory increased by 7% in February...
by Susanne Novak | Mar 11, 2019 | Community
A few weeks ago, this article caught my eye: Home Flipping Investors Abandon Columbus. It’s based on a survey by Realtor.com that shows that Columbus experienced an 18.8% drop in home flipping last summer. That’s a steeper decline than in any other large...
by Susanne Novak | Mar 3, 2019 | Trends
Today I would like to introduce you to the Top-Rated Real Estate App: Homesnap. It gives you real time access to the MLS, as well as property tax records, census data, parcel boundaries, school districts, and more. The Columbus Association of Realtors connected our...
by Susanne Novak | Feb 25, 2019 | Market Updates
The housing market is changing. Both inventory and new listings have increased by more than 10% in January, while closings are down from a year ago. The original list price to sale price ratio dropped to 94.8%. Sellers have accepted larger discounts than any time in...