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The Appraisal Challenge – the Downside of a Hot Real Estate Market

The Appraisal Challenge – the Downside of a Hot Real Estate Market

by Susanne Novak | Feb 22, 2015 | Buyer Tips

In today’s competitive housing market it is not uncommon for home owners to receive multiple offers on a listing. With houses going in contract in less than a week, some buyers get anxious and offer substantially more than list price to secure the contract....
Market Update: 3 Surprising Facts from in the 2014 Columbus Housing Report

Market Update: 3 Surprising Facts from in the 2014 Columbus Housing Report

by Susanne Novak | Jan 25, 2015 | Market Updates

“Two steps forward, one step back” – that’s how the housing recovery went in Central Ohio, according the Columbus Board of Realtors. The Annual Report on the Columbus Housing Market published by Columbus Realtors reveals some interesting facts....
11% Drop in November Home Sales but Values Increase by 5%

11% Drop in November Home Sales but Values Increase by 5%

by Susanne Novak | Dec 28, 2014 | Market Updates

In their latest news release on November 2014 housing data the Columbus Board of Realtors claims that Central Ohio Home Values Continue to Rise at Sustainable Levels. It is true that home values were up by 5.1% in November. But that’s not the full story....
How Does Gentrification Affect Columbus Neighborhoods?

How Does Gentrification Affect Columbus Neighborhoods?

by Susanne Novak | Dec 19, 2014 | Neighborhoods

Did you ever hear of Gentrification? Honestly, I did not know exactly what it means until I listened to a report by NPR’s Marketplace, about the gentrification of the Highland Park neighborhood in Los Angeles. Gentrification is about urban renewal (read Merriam...
What Buyers are Looking for & Why some Homes Sell in Just a Few Days

What Buyers are Looking for & Why some Homes Sell in Just a Few Days

by Susanne Novak | Dec 11, 2014 | Seller Tips

For most of 2014 the Columbus housing market suffered from very low inventories. With more buyers looking for homes, you would have expected that new listings “fly off he shelf”. Actually, some homes sell in a single day. You probably heard stories of...
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