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Market Update: Home Values Keep Rising, with No End in Sight
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...
Market Update July 2020: Sales Prices Exceed List Prices
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. That's...
Market Update: June 2020 Housing Stats Break All-Time Records
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...
Market Update: Median Sales Price Highest Ever While Closings Slump
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. ...
Market Update: Signs of Summer Boom Emerge as Economy Re-Opens
You would not believe it when you read the papers - buyer demand is through the roof. Both properties I listed last week are now in contract at or above list price. The Muirfield residence you see featured at the end of this email had 12 showings on the first day....
Market Update: March Inventory Lower & Sales Prices Higher Despite of the Coronavirus
It is truly amazing how quickly the Columbus housing market has adjusted in March to the new normal. Home values keep rising despite of the uncertainty caused by COVID-19. The Columbus Association of Realtors just came out with its March 2020 market update. It's old...
How the Housing Market Has Changed in the Past Week
We made it through the first week of the Stay-at-Home directive. The housing market is still buzzing, however, at a lower rate than we all anticipated. Today, I want to give you a short update from the trenches. Homeowners Are Still Listing 638 homes were listed for...
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