by Susanne Novak | Apr 26, 2021 | Covid, Market Updates
The total number of homes sold increased by only 2.3% in March. Not a big jump if you consider that we were locked down this time last year. However, the average sales price was up by 11.5%, Days on Market plummeted by 41.5%, the average home sells for more than list...
by Susanne Novak | Apr 9, 2021 | Buyer Tips, Covid
Central Ohio is experiencing an extreme housing shortage. Here’s a report from the trenches: Text from one of my agents: “26 showing requests since I put the new listing on the MLS an hour ago”. “More than 60 showing requests after a Coming...
by Susanne Novak | Mar 22, 2021 | Buyer Tips, Covid, Trends
The Columbus MLS just changed how COMING SOON listings can be advertised. This has a major impact on your home search. It forces buyers to schedule showings weeks in advance and make home buying even more competitive. What Is a COMING SOON Listing? The “Coming...
by Susanne Novak | Jan 25, 2021 | Covid, Market Updates
The 2020 housing market broke all records. After a short interruption due to Covid related lockdowns, real estate staged a remarkable comeback in the second half of the year. Despite of Covid, Realtors sold more homes in less time at higher prices than ever before. In...
by Susanne Novak | Jan 4, 2021 | Covid, Trends
Friday was a rather dreary start to the New Year with rain washing away the snow from a week ago. Let’s hope that the rest of 2021 will be nice and sunny! The outlook for real estate is certainly bright. Experts predict another record year with rising home...
by Susanne Novak | Dec 28, 2020 | Covid, Market Updates
The housing market kept rallying throughout fall. We are on track to set a new sales record in 2020. Residential sales were up by 12.7% in November when compared to the same month a year ago, and the average sales price jumped by 15.3%. With low interest rates...
