by Susanne Novak | Sep 8, 2020 | Buyer Tips, Covid
Last week I saw a survey of ground-floor businesses, hotels, and commercial landlords in downtown Columbus. Following pandemic related shutdowns and civil unrest many businesses are struggling to stay afloat. How Soon Can Downtown Businesses Recover? 58% of surveyed...
by Susanne Novak | Aug 31, 2020 | Buyer Tips, Covid
Last Sunday, I visited an Epcon Model Home with one of my clients. When we were finished with the “dog-and-pony” show the sales rep said: “Don’t wait too long. Our base price will go up by $10,000 tomorrow.” That’s not the first...
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 | Jun 15, 2020 | Buyer Tips, Covid
New residential construction is booming in Central Ohio, despite of the pandemic. According to the Census Bureau, 16.4% more single family building permits were issued since the beginning of the year than the same period last year. This chart shows the numbers for...
by Susanne Novak | Jun 8, 2020 | Covid, Seller Tips
Today I want to share some good news and some bad news for homeowners who are thinking about selling. Home values are still rising, an inventory shortage has brought a pent up buyer demand, but will it last through the summer? Good News for Sellers We are in a...
by Susanne Novak | Jun 1, 2020 | Covid, Seller Tips
The housing market is facing a tremendous inventory shortage. While new listings are almost 30% lower than last year, home showing requests surpassed 2019 last week. As a result, the listing inventory has dropped below 3,000 active listings for the 10-county area...
