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...
by Susanne Novak | May 11, 2020 | Buyer Tips, Covid, Seller Tips
While businesses are getting ready to slowly re-open, the housing market is already in full recovery as showings are up and buyers are determined to find a new place to call home. We have been tracking home sales during the pandemic on a weekly basis since March. You...
by Susanne Novak | May 4, 2020 | Covid, Seller Tips
How will the housing market react when the economy starts opening up next week? Boom or bust? This question is probably on your mind if you have considered buying or selling this year. Many indicators point to a quick recovery of home sales. I believe we will even...
