by Susanne Novak | Nov 23, 2020 | Market Updates
Sales of existing homes saw a spectacular gain despite of plummeting inventories and rapidly rising prices. Nationwide, October sales increased year-over-year by 26.6%. How the Columbus Housing Market Compares Home sales are on track to surpass 2019 by at least 3%....
by Susanne Novak | Oct 26, 2020 | Market Updates
The Columbus housing market more than recovered from the pandemic: Year to date home sales are higher than in 2019 Home values have skyrocketed by 16% in September Homes sell for more than list price (in average), and The supply is down to 1 month (this means the MLS...
by Susanne Novak | Sep 28, 2020 | Covid, Market Updates
The uncertainties caused by the Covid pandemic kept many homeowners from listing their properties this year. At the same time more buyers than ever started to look for a new home, hoping to take advantage of the lowest interest rates ever. This created the perfect...
by Susanne Novak | Aug 24, 2020 | Covid, Market Updates
The housing market has experienced an incredible recovery after the lockdowns. We broke numerous records in July, but a surprise development may signal the end to the summer boom. Monthly Closings Set All-Time Record A total of 3,536 home sales closed in July....
by Susanne Novak | Jul 27, 2020 | Market Updates
June 2020 was a month of all-time records. The housing market rebounded from the pandemic. We are trying to satisfy the pent-up demand of buyers who could not purchase in spring due to the lock down. Showing requests are 10% higher than last year, while new listings...
by Susanne Novak | Jun 29, 2020 | Market Updates
The May market update from the Columbus Association of Realtors confirmed my previous estimates. The listing inventory is 28% lower than a year ago, but buyer interest has surged significantly since the economy started to re-open – and home values keep rising. ...
